Banco Popular has just been bought by Banco Santander for the symbolic sum of just one euro. However, the purchaser also has to cover the 7,900-million-euro hole.
Tag Archive for savings
Very Expensive Metre
by Hugh MacArthur •
Domingo Alonso was a bit choked, to say the least, when he discovered that the Town Hall had embargoed his pension and savings – he’s 77.
Granadinos Spending Their Savings
by Martin Myall •
Los Granadinos withdrew a stunning 400 million euros from their savings account in just three months – whether it was because they needed the money to live or because they didn’t trust the state of the euro is not clear but is probably a case of the former than the latter.
Expiring Perks
by Martin Myall •
The City Hall of Granada has decided to do away with an embarrassing perk enjoyed by its department heads; unlimited phone credit on their work mobiles.