Spain's bad loans ratio rises to 10.78 percent in Jan

MADRID, March 19 Tue Mar 19, 2013 5:08am EDT

MADRID, March 19 (Reuters) - Spanish banks' bad loans as a proportion of their total loan book increased to 10.78 percent of the total in January from 10.44 percent in December, the Bank of Spain said on Tuesday.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.