Country Report Spain
DOI link for Country Report Spain
Country Report Spain book
Spain is one of the countries more seriously hit by the global crisis. The financial crisis was followed by a profound economic and institutional crisis as a result of the negative effects of the housing bubble that had occurred in Spain. Dramatic levels of indebtedness and unemployment, a lack of credit and debt relief policy for households, combined with an underdeveloped legal framework for the protection of over-indebted or bankrupted consumers has led to the radiation of the financial and economic crisis to the social sphere.