MADRID | By Julia Pastor | Sareb would be preparing the selling of a portfolio valued at around €200M, which includes 38 houses located in Valencia and Andalucia, as well as a group of unfinished buildings.
Spanish bad bank
MADRID | This doesn’t work as a safety net for the Spanish banking sector to recover from its current weaknesses. It would amount to a neat, direct mechanism for entities to cash their toxic loans at the taxpayer’s expense. But Madrid is still in time to amend its bad bank, advises economist JP Marín Arrese.