The prime minister of Spain has called early general elections for late April, the third such ballot in less than four years in an increasingly fragmented partisan landscape and with Catalonia’s independence push dominating the political debate. … Read More Catalan Crisis Risks Making Spain ‘Ungovernable’
What could this mean for one of its big creditors, the ECB?… Read More Spanish Grocery Giant Unveils Big Losses, Teeters on Brink of Bankruptcy, after Allegations of Accounting Fraud
Will Madrid be next?… Read More Uber, Cabify “Evicted” from Barcelona as Turf War with Taxi Drivers Gets Ugly
Peak Tourism” has already set in. Brits account for 22% of tourists in Spain. Now add Brexit… Read More Brexit’s Ironic Twists Hit Spain’s Biggest Industry
Soaring rents outran tenant wages, which can’t last… Read More Multifamily Rentals Were Best Asset Class in 2018 in Spain, But Now Rents Are Heading South
A lot of money is at stake.… Read More Wall Street Mega-Landlord Blackstone Turns Screw on Spanish Government & Property Market
After years of dodgy accounting and mismanagement.… Read More Resurrected Abengoa & Construction Giant OHL Flirt with Collapse
There’s nothing like a sympathetic Supreme Court.… Read More Flip-Flop of Prior Flip-Flop by Spanish Supreme Court Flip-Flops Bank Stocks
Only one-third of Spanish companies have made Brexit contingency plans… Read More Madrid Tells Businesses to Get Ready for (any) Brexit
A fiasco threatens to spiral out of control… Read More Spain’s Mortgage Market Seizes Up, Bank Stocks Sink, Legal Uncertainty Reigns
Plunging bank stocks got the Court’s attention, or something.… Read More Spain’s Supreme Court Flip-Flops on Mortgage Ruling After Just 1 Day Amid Bank Stocks Bloodbath, Legal Shitstorm Erupts
They were supposed to protect banks and punish homeowners in difficulties — but they didn’t prevent banks from collapsing… Read More “Abusive” & Draconian Mortgages Are Creating Legal S**t Storm for Spanish Banks
