Bad Loans In Spain Surge To A New Record

Not everything is turning the corner in Spain.

There are some signs of improvement in Spain, but this isn't one of them - banks' bad loan ratio a new record 11.6% in June vs 11.1% in May.

— Jamie McGeever (@ReutersJamie) August 19, 2013

That's a pretty substantial jump, though of course that's not the freshest number.