Costly Spanish ‘Ghost Airport’ Receives Only One Bid at Auction
Posted: July 18, 2015 Filed under: Economics, Global, Space & Aviation | Tags: Airport, Associated Press, Castile-La Mancha, Chinese language, Ciudad Real, Europa Press, Financial crisis of 2007–2008, Madrid, SPAIN, Tzaneen Leave a commentMADRID—One of Spain’s “ghost airports”—expensive projects that were virtually unused—received just one bid in a bankruptcy auction after costing about €1.1 billion ($1.2 billion) to build. The buyer’s offer: €10,000.
Ciudad Real’s Central airport, about 235 kilometers south of Madrid, became a symbol of the country’s wasteful spending during a construction boom that ended with the financial crisis of 2008, the year the airport opened. The operator of the airport went bankrupt in 2012 after it failed to draw enough traffic.
Chinese group Tzaneen International tabled the single bid in Friday’s auction, Spanish news agency Europa Press said. The receiver had set a minimum price of €28 million. If no better bid is received by September, the sale will go through, the news agency said. Read the rest of this entry »
Camuccini: The Death of Julius Caesar, 1798
Posted: March 18, 2015 Filed under: Art & Culture, History | Tags: Assassination of Julius Caesar, Athens Concert Hall, Baptism of Jesus, Benaki Museum, Biblioteca Nacional de España, Brute?, Cardiff Giant, Castile-La Mancha, El Greco, Et tu, Jean-Jacques Rousseau Leave a commentThe Death of Julius Caesar 1798
Oil on canvas, 400 x 207 cm
Museo Nazionale di Capodimonte, Naples
via CenturiesPast