Spanish accelerating bad loans may renew investor doubts

Note: This section contains information in English only.
Source: Bloomberg
Spanish climbing proportion of bad loans are casting doubt about successful bank clean-up without damaging public finances. The proportion of non-performing loans versus total lending rallied to 7.91% January, the highest figure since 1994, Bank of Spain reported on Wednesday. Additionally credits is diminishing while defaults are climbing amid unemployment rate of 24%. 
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Wed, 18 Apr 2012 09:10:02 GMT

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