Inflation can cause unemployment when: 1  The uncertainty of inflation leads to lower investment and lower economic growth in the long term. 2  Inflationary growth is unsustainable leading to a boom and bust economic cycle.
Santander, Spain. Santander is the capital of northern Spainâs La Montana Province, situated along the scenic Cantabrian Coast. The center of this charming town is marked by small buildings and squares with flowering gardens.
In October 2013, Santander acquired 51% in Spainâs largest consumer finance business, El Corte Ingles, inglÃ©s for aroundâ¬ 140. Million In june 2014 santander BOUGHT Ge Money, BANK Ge'capital s consumer finance business In, Sweden norway And, denmark for 700 million (euros$ 950). milliony the end of 2010 the two banks merged with Abbey National under the Santander UK brand. In October 2008, the Group announced to acquire 75.65% of Sovereign Bancorp it did not own for approximately US$1.9 billion (â¬1.4 billion).