Spain Capital Outflows Reach Record Levels in Euro Crisis – SPIEGEL ONLINE

In the first five months of 2012, a total of €163 billion left the country, the figures [from the country’s central bank] indicate. During the same period a year earlier, Spain recorded a net inflow of €14.6 billion.

The outflow has resulted from domestic banks sending money abroad, foreign lenders pulling out cash and mostly non-resident investors dumping Spanish assets.

via Spain Capital Outflows Reach Record Levels in Euro Crisis – SPIEGEL ONLINE.