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Spain Property Delinquencies May Jump, Moody's Says (Update3)

Story date: 2007-10-02 09:12:00
Added on: 2007-10-02 11:00:20


Bloomberg - ... may increase as much as 15-fold by the end of 2008 as interest rates rise, Moody's Investors Service said in a report. Loan-payment arrears by developers and builders may reach 5.5 percent of total property loans from the current 0.37 ...


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