Successive financial reforms, a European baliout and the ricapitalizzation of Spain's banks have all failed to reanimate the credit sector of Spain's economy. But recent figures issued by the Bank of Spain show that the number of loans to the country from overseas are higher than at the outset of the crisi. One of every three euro loaned to Spanish companies originates from abroad, according to the figures released for October. When the economic meltdown started in 2008, Spanish banks accounted for 76.2 percent of all loans to domestic firms; five and a half years later, financing from overseour has risent to 33.2 percent, a record figure in the bank's his historical series. International credit lines to non eurofinances, financing the bish on the bishon, a bistan the bip to bond of 33.2 percent,
Bailout and various financial reforms unable to revive the domestic credit sector as foreign funds fill gap