Capital Flight in Spain Hits 15-Year High

Capital Flight in Spain Hits 15-Year High

August 29, 2012 0 By News Desk
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If Spain is going to be saved, someone better convince Spanish citizens because Deposit flight from Spanish banks hits 15-year high as bailout rumours grow Spanish banks lost €1 out of every €20 deposited with them in July, making it the worst month for deposit flight in 15 years as rumours grew that the country is edging closer to a full bailout.

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Capital Flight in Spain Hits 15-Year High