A deal in which cash-strapped Catalonia was to unload €500M in property to foreign buyers falls...

|By:, SA News Editor

A deal in which cash-strapped Catalonia was to unload €500M in property to foreign buyers falls apart over investor demands for a clause in which rents would be paid in greenbacks in the event of a euro collapse. "Public institutions can't speculate on a currency breakup," says a top government official.