Foreign Investment in Spain Fell by 10 Billion Euros in November
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Foreign investment in Spanish securities fell by 9.98 billion euros ($13.6 billion) in November, amid contagion from the Irish fiscal crisis.
In the first 11 months, the decline in non-residents’ portfolio investments amounted to 26.2 billion euros, data from the Bank of Spain in Madrid showed today. In the same period a year earlier, investment increased 50.9 billion euros, the central bank said.