Pages Menu
Categories Menu

Posted by on Oct 28, 2012 in Economy, International | 0 comments

Spain’s Empty Highways Lead to Bankruptcy

Spain’s empty highways lead to bankruptcy (via AFP)

At the Leganes toll booth outside Madrid, the workers scan the horizon for cars. In Spain’s recession, the stream of paying drivers has slowed to a trickle and the toll road is all but bankrupt. Like the housing bubble, pumped up until it burst in 2008, and its speculation-funded phantom airports,…