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Portugal’s Pereira Coutinho Avoids Brazilian Real Estate After Mall Sales Country's economic indicators are going in the wrong direction Spain approves bank reforms to clean up real estate mess, revive banks and sick economy By Alan Clendenning,Daniel Woolls, The Associated Press MADRID - Spain's new conservative government on Friday imposed sweeping new rules it hopes will flush out bad property loans and foreclosed property ... Spain tells banks to cover toxic assets or merge Spanish banks must raise an additional euro50 billion ($65.5 billion) to cover their exposure to toxic real estate loans and assets accumulated during a construction boom that went bust with the financial crisis, according to new regulations unveiled Thursday. Negative Sentiment Weighs on European Commercial Property Rental and capital value growth prospects for commercial real estate in Europe are lagging behind other world regions. Global Real Estate Market to Reach US$24.7 Trillion by 2015, According to a New Industry Report by Global Industry ... GIA announces the release of a comprehensive global outlook on the Real Estate Industry. Global real estate industry dynamics are significantly influenced by political and economic scenario, demographics, employment opportunities, and climatic conditions. The global commercial real estate market is recovering steadily due to increased availability of capital and resurgence in manufacturing ... How to save money in Portugal Whether you go for a beach break or activity holiday, in Portugal your euros can go a long way. Mota-Engil Targets Overseas Growth After Winning $703 Million Malawi Deal Mota-Engil SGPS SA (EGL) , Portugal’s biggest construction company, plans to counter a recession at home by expanding abroad and building on a $703 million deal in Malawi, its chief executive officer said. GDP lag: At least real estate agents are making money Canada's economy stalls for second month Spain Cabinet OKs banking sector reform plan Spain's new conservative government approved Friday a plan forcing banks to set aside an estimated euro50 billion ($65 billion) more in provisions to cover toxic real estate assets, in a bid to restructure a sector critical to reviving the country's economy. |
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