He’s going to outlaw paying cash for invoices worth over 3,000€.
Says it all, really. If it wasn’t such a serious matter, I’d be laughing. (part of his q&a session on Twitter).
Meanwhile, AFES, the association for families affected by embargoes, warns that 1 out of every 5 Spanish families who took out a mortgage between 2004 and 2008 are at a high risk of defaulting, due to the current economic crisis, and says it expects anything up to 700,000 homes to be repossessed by 2013.