Over the five years ending 2005, Spain's economy had created more than half of all new jobs in the EU. At the top of its property boom, Spain was building more houses than Germany, France and the UK combined. Home prices soared by 71% between 2003 and 2008, in tandem with the credit explosion.
Over the five years ending 2005, Spain's economy had created more than half of all new jobs in the EU. At the :top of its property boom, Spai!n was building more houses than Germany, France and the UK combined. Home prices soared by 71% between 2003 and 2008, in tandem with the credit explosion.