Spain: Public broadcaster RTVE accumulated debts of €800m, may go bankrupt

The public broadcaster RTVE accumulated debts of € 800 million, according to an audit by the Spanish government that was obtained by the newspaper El Mundo on 04/05/2014. In 2013, the group reported €860m in revenues, €960m in expenses and a net loss of €113.3m.

RTVE's capital stock amounted to €1.51bn at the end of 2013. Spanish law on limited...