Country Reports Winter 2013/14 - SPAIN - Claw Back of Intra-group Guarantees- "Group Interest" as a Safe Harbour or rather as Pearl Harbour?

The benefits of belonging to a group of companies are well known. The integration of companies within a group not only improves each of the companies’ individual competitive position within their respective market but also (and most important)represents an upgrade of their position when dealing with third parties and in particular regarding the access to external finance
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