Thread: News Stories
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Old 2010-04-30, 01:50   Link #7002
Jinto
Asuki-tan Kairin ↓
 
 
Join Date: Feb 2004
Location: Fürth (GER)
Age: 43
Quote:
Originally Posted by SaintessHeart View Post
...
On the other hand, if they manage to pay the debt off.......anyone who bought the bonds are going to end up seriously rich.
The demand for houses and estates in spain is low, yet they have an overstock of new build homes which they cannot sell. And still building more of them... just one example of the hows and whys that lead to this debt. Its not very likely that this part of the debt (building related) will ever be repaid (a part of it at best).
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