„We Won´t Get Any Money Back“

„We Won´t Get Any Money Back“ / Picture: © IHS Vienna

In an interview with the Austrian magazine „Presse“, Bernhard Felderer stated that Spain will not become a „second Greece“. Nevertheless, it would be a „bad signal“ if Spain would seek help. „The size of the write-downs in the real estate sector was underestimated by the banks and the government. But we do not talk about a haircut like in the case of Greece.“ For…