Spanish motorways

bankrupt motorways

Spain’s Government Is Playing Poker With Shareholders Of The Bankrupt Motorways

All governments find unexpected dwarfs popping up all over the place, but this one has them in abundance. The latest one, the problem of the eight bankrupt motorways, which they will have to deal with and pay for, according to a court decision. But the government has said it will only pay the concessionary companies – made up of constructors and banks – half of the accumulated debt of 5 billion euros.