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Property bubble fears weigh on Spanish recovery

Posted on 15 November 2010

From AFP: Knock-down home prices, idle cranes and builders forced to retrain for new jobs: despite sliding prices the spectre of a Spanish property bubble is hurting a fragile economic recovery.
The new labour minister, Valeriano Gomez, summed it up when he took over at the end of October: “Three out of four jobs lost in the crisis are in construction and related sectors.”………………………………………Full Article: Source


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