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Seems quite ironic that one public utility is allowed to get into this state, where Endesa are short of at least 37 million euros, which could possibly result in a hike in all our electricity and other bills to cover the defaults of debtors, and Galasa (or is successor) will also probably hike water prices.
I hate debtors as all they do is load their debts to those who still pay and there doesn't seem to be sufficient teeth to allow communities to access assets of debtors without lengthy court proceedings.
Is Spain falling back as the sick man of Europe, with major companies all in debt, with a financial slump occurring again?
I suppose if they can't even agree to form a Government, then sorting out the Country will take even longer.
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