The number of bad loans held by Spanish banks continues to rise. <br /><br />In May those so-called non-performing loans, which are unlikely to ever be repaid, now account for 8.95 percent of what the banks have on their books, up from 8.72 percent a month earlier. <br /><br />The latest total is the highest since April 1994.<br /><br />...<br />http://www.euronews.net/
