Saturday, January 23, 2021
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Moody’s Warns about the Impact of the Coronavirus on the Collection of Doubtful Debts

Moody's has warned that the coronavirus is "directly and severely affecting" the operation of judicial systems, which is delaying the recovery of non-performing loan securitisations, the so-called NPLs.

Moody’s has warned that the measures imposed to contain the spread of the coronavirus are directly and severely affecting the operation of judicial systems, which is delaying the recovery of non-performing loan securitisations, the so-called NPLs.

The credit rating agency explained that the closure of the courts directly affects rulings, which is being further compounded by the lack of property inspections and the suspension of auctions.

B-Exclusives

Which Are the Areas of Madrid Where Homes Are Sold or Rented the Quickest?

The health crisis is taking its toll on the time it takes to sell or rent a home in the Spanish capital, although some areas are resisting better than others, according to Brainsre.

Rental Properties No Longer “Fly Off the Shelf” in Barcelona as the Time it Takes to Find a Tenant Increases

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Special B-Exclusives: How Many Square Metres Did Spaniards Spend the Lockdown in?

Every household in Spain has an average of 42.75 square metres for each inhabitant, with 2.51 people in each home. Ceuta, Melilla, Guipúzcoa and Madrid are the areas with the least space.

The Retail Crisis of 2008 Lasted 5 Years As Store Prices Fell by 33%: How Much Could They Fall During this New Crisis?

The Covid-19 crisis has come at a time when the prices of commercial premises have not yet recovered from the previous recession, the consequences of which lasted for five years.

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