http://www.fxstreet.com/news/forex-news/article.aspx?StoryId=e822190b-210e-4af8-8cb1-d520be63ccb2
The weightage of the Financial Services and Real Estate sector in the Madrid Stock Exchange General Index (IGBM) is 40.55% !!!
http://www.bolsamadrid.es/ing/contenido.asp?menu=4&enlace=/ing/indices/igbm/igbm2002.htmAs bank lending tightens, large real estate developers could face funding problems and as the ‘sales slump’ continues, the meltdown could intensify.
Deleveraging is going to be a long and painful process.
http://www.moneyweek.com/news-and-charts/economics/why-spains-banking-sector-could-be-facing-a-death-blow-22425.aspx
http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSL2990999120080429
No comments:
Post a Comment