Spain reforms banks to revive economy

3 February 2012, 8:34 pm

MADRID — Spain's new conservative government on Friday imposed sweeping new rules it hopes will flush out bad property loans and foreclosed property from the financial system, restore confidence in banks and set the ailing economy back on track toward recovery.... Read More »

More Topics from "News"

• Real Madrid edges Getafe 1-0 in Spain
• Spain: Ramos' goal sparks Real Madrid
• Spain approves bank reforms to clean up real estate mess, revive banks and sick economy
• Spain launches 50 bn euro bank reform
• Spain clears bank reforms to revive ailing economy
• Spain tells banks to cover toxic assets or merge
• Spain, France borrowing costs fall
• Spain's jobless claims total up by 177,000 in January for total of 4.6 million
• Spain's economy contracted by 0.3 per cent in fourth quarter, edging toward new recession