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Will fortunes improve for the Spanish property market?

Posted on 14 February 2013

It is beginning to feel as though there is no end in sight to the global financial crisis and in those countries most affected, recovery seems a long way off. For Spain, the property market crash in 2008 contributed heavily to its downfall and real estate prices are continuing to plummet, despite considerable activity from overseas buyers. But what can be done to turn the tide?
For prime minister Mariano Rajoy, tackling unemployment is the answer. In an interview with the Financial Times, he explained that the only way to stimulate the economy again is to get Spaniards back into the workplace………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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