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valencia protests

A bit of Greece in Valencia

February 23, 2012 by Guy Hedgecoe 2 Comments

Even before the disturbances this week in Valencia, the city and its surrounding region laid claim to some pretty worrying badges of honour. It’s the capital of Gürtel, the biggest political corruption scandal in Spain of recent times, and the home of Francisco Camps, the former Valencia regional premier who was absolved of any involvement in the affair after insisting he pays for his €3,000 suits in cash and doesn’t bother keeping the receipts. It’s also the most heavily indebted region in Spain, with a €20-billion deficit, leaving it perilously close to failing to make a debt payment to Deutsche Bank recently. It hosts Castellón airport, perhaps Spain’s most notorious white-elephant … [Read more...] about A bit of Greece in Valencia

Filed Under: Iberoblog Tagged With: greece, policia valencia, spain, spain economy, spain news, spanish economy, spanish news, spending cuts Spain, Valencia, valencia protests

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