Struggling Spanish munis look to ICO for funds

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Struggling Spanish munis look to ICO for funds

Issue: 1165 - 30 July 2010

Keywords: ICO, Spain, municipal, eurozone, sovereign crisis, real estate

ICO is to lend money to Spanish municipalities facing declining revenues. According to Spanish newspaper El Economista, the municipalities have approached the Spanish government and the government has asked ICO to provide the money. ..

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