Spain in talks over 'bad bank' scheme - CNN.com: "Spain's government and its banks are discussing a new scheme to segregate problematic property loans into one or more asset management companies to relieve the burden on struggling lenders, according to officials and bankers.
The "bad bank" scheme is the latest attempt by the centre-right government of Mariano Rajoy, prime minister, to avoid an international rescue programme of the sort required by Greece, Ireland and Portugal.
Mr Rajoy's Popular party government has deepened fiscal austerity, reformed Spain's labour market and ordered banks to set aside an extra €54bn of bad loan provisions and capital buffers this year."
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Dawgen Global is an integrated multidisciplinary professional service firm . The firm is staff by a Global Team of Professionals spanning several disciplines. We are integrated as one firm and provide several professional services including: audit,accounting ,tax,IT,Risk, HR,Performance, M&A,corporate recovery and other advisory services Caribbean Region Head Office : Dawgen Towers 47-49 Trinidad Terrace Kingston 5 Tel: (876) 9292518 | (876) 9265210 Email: info@dawgen.global
Tuesday, May 1, 2012
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Dawgen Global is an integrated multidisciplinary professional service firm We are integrated as one firm and provide several profession...
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