Saturday, 7 June 2014

SPANISH GOVERNMENT TO U-TURN ON ITS RENEWABLE ENERGY PAYMENTS

This report gives the details. It is a salutary tale and leaves many investors understandably very angry. Surely many other national governments will be looking at what is happening in Spain. Once a government has reneged on its commitments it is difficult to see how it can restore trust. How could they be so stupid?

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