When Spain's spectacular building boom went bust, it was the country's banks which were left with much of the debt including 200 billion euro worth of toxic property debt.<br /><br />Today, it's estimated that there are 1.3 million homes for sale in Spain but the demand is only 350 thousand or one fourth of the supply.<br /><br />And a lot of this Spanish property for sale is owned by the banks.<br /><br />...<br />http://www.euronews.net/
