| 18.06.2012 - S&P warns Spain home prices set for further 25pct plunge |
| Prices of Spanish homes, which lie at the core of the nation’s financial crisis, could plunge by another 25 per cent in a slump lasting up to four years, Standard and Poor’s warned. Spain’s real estate market crashed in 2008, throwing more than a million people out of work, exposing banks’ reckless loans, and sharply reducing regional governments’ income...............................................Full Article: Source |