According to the Bank of Spain, taxpayers will lose 70% of public funds used to rescue Spanish savings banks.
Tag Archive for ECB
New Banknotes Next Month
by Vivienne Hughes •
The new 20-euro notes will come into circulation on the 25th of next month.
Spain Has a Problem…
by Martin Myall •
One amongst several, of course, but a rather big one: its ceiling for expenditure is 133,259m euros for 2014 but its tax system is not working. You see, although Spain has one of the highest tax rates in the European Union, it actually brings in less than most.