Spain's big spender saddled with debt

Billions of euros were spent by third largest city Valencia on big projects, many of which are now empty or closed.

    Once one of Spain's boom towns, Valencia is now saddled with one of the biggest debt burdens in the country. The nation's third largest city spent billions of euros on big projects, many of which are now empty or closed.

    Many argue that a fraction of amount spent on fancy architecture, could have benefited people living in the city’s slums. Al Jazeera’s Rory Challands reports from Valencia.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Padmaavat banned over film's depiction of Muslim ruler

    Malaysia bans Padmaavat over portrayal of Muslim ruler

    Sultan Alauddin Khilji depicted as 'arrogant, cruel, inhumane, devious with all kinds of trickery,' says Ministry.

    Why Saudi-Israeli normalisation could be dangerous

    Why Saudi-Israeli normalisation could be dangerous

    Apart from being disastrous for Palestine, normalising relations with Israel could get Saudi Arabia in real trouble.

    Africa is not poor, we are stealing its wealth

    Africa is not poor, we are stealing its wealth

    It's time to change the way we talk and think about Africa.