One of the abiding memories of the 2008 financial crash which plunged Europe – not to mention the western world – into the deepest economic depression since the 1930s was of a property bubble which burst spectacularly and brought many of the world’s largest banks to their knees.
In no continent were the effects of the real estate crash more evident than Europe. The banking sectors of Spain and Ireland fell apart when the property and construction markets which had propelled their econom...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? LoginBenjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.