Spain’s Bad Loans Ratio Edges Closer to All-Time High – WSJ.com

The Bank of Spain said Thursday that bad loans held by the country’s banks rose again in May and are now just below the all-time high hit late last year, as the euro zone’s fourth-largest economy remains in a double-dip recession.

via Spain’s Bad Loans Ratio Edges Closer to All-Time High – WSJ.com.

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