In Spain, it's the banks that really run the country. In his book The Battle for Spain, historian Antony Beevor wrote of the close relationship that the victors in the Spanish Civil War (1936-1939) had with the then five major Spanish banks: "In return for their cooperation, they were protected from competition - no new banks were set up in Spain until 1962 - and given great powers in the economy, allowing them to amass...
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