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Euribor could drop to 2.5% next year as Spain drives economic growth in bloc
INTEREST rates in the Eurozone could fall to 2.5% next year, having closed August 2024 on 3.75%, according to latest research.
Toys 'R' Us to stay open in Spain and Portugal
24/08/2018
The toy giant announced it had gone bankrupt in June and its branches in the USA, where it originates from, and the UK were all closed down.
But thanks to Green Swan's having bought it as a going concern, the stores in Spain and Portugal will be able to continue open.
Green Swan owns 60% of Toys 'R' Us' shares, whilst the remainder is still in the hands of the original owners.
The firm will open a new branch in the Isla Azul shopping centre in Madrid next month, meaning Spain alone will have 52 stores.
None of the existing 1,600 employees in Spain will be affected.
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