Spanish banks' bad loans to rise in 2010 - Minister

Mon Jun 15, 2009 10:27pm IST

[-] Text [+]

SANTANDER, June 15 (Reuters) - Spanish banks' level of bad loans to total lending will contintue to rise into 2010, Economy Minister Elena Salgado said on Monday.

(Reporting by Paul Day, editing by Jonathan Gleave,)

Hoardings alongside Nakheel's Waterfront construction site at Jebel Ali in Dubai November 26, 2009. REUTERS/Steve Crisp

Dubai Debt Fears

Investors recoiled from risky assets and dumped shares in Asian banks and builders, fearing a debt default could reignite the financial turmoil. Full Article

Analysis: Dubai Inc may face shakeup

Dubai will pay for Abu Dhabi aid

Abu Dhabi ascendant as debt spoils Dubai's "model"

More Financial Services and Real Estate

FTSE down 0.2 pct; banks weak on Dubai exposure

Indians shares knocked by Dubai, but end off lows

PRESS DIGEST - Canada - Nov 27

Angola mulling Norway-style oil fund -report

Moody's drops ratings of SF CDO notes issued by Argon Capital

Indian realty Emaar MGF sees no Dubai crisis fallout

Russia's Nomos Bank mulls up to $200 mln eurobond

Indian shares provisionally close down 1.2 pct

UPDATE 1-Dubai debt fears hammer Asia banks, builders

BoE to offer 5 bln stg in 3-mth repo on Dec. 1

More Financial Services and Real Estate News...

India Investment Summit 2009

Top executives and bankers discuss their own plans and the broader opportunities and challenges for India. Full Coverage

IT cos cautious on growth, eye M&A

Video: No strong inflow measures now

26/11 - One year later

People stroll outside the Taj Mahal hotel ahead of the first anniversary of the militant attacks in Mumbai, November 24, 2009. REUTERS/Punit Paranjpe

Investors worry about another attack

The risk of militants striking again worries investors who fear that a second attack similar to last year's Mumbai raids could shake the economy. Full Article | Full Coverage

Slideshow: One year later

Blog: Lasting images, limited impact?

Market Update

India
US
UK
Asia
Most Actives

Business Video

Video

Learning from the billionaires list

Video

No strong inflow measures now

Video

MS sees $70b in India share sales

Video

Gold fever spreads

Video

Long-term focus on infrastructure

Video

DLF: “housing demand firming up”

Video

BSE: mobile trading on the way

Video

Axis: betting on Infrastructure

Video

TCS sees volume growth in 2010

Video

Reliance eyes IPO, investors

road to Copenhagen

France's President Nicolas Sarkozy (L-R), Germany's Chancellor Angela Merkel and Denmark's Prime Minister Lars Lokke Rasmussen hold a news conference in Brussels in this November 19, 2009 file photo on the Copenhagen climate conference. REUTERS/Sebastien Pirlet

World can reach climate pact by end 2010

Global climate change talks in Copenhagen next month should yield a concrete base that will allow for a definitive treaty to be agreed within a year. Full Article

Obama offers U.S. climate cut

India's solar power targets

Analysis: Hacked climate e-mails awkward

Analysis: "Golden opportunity" for CO2 market

Blog: Denying bedroom privileges save planet?