Look Out for the Spanish Bulls

Madrid has suddenly become a magnet for foreign investment

Except for the international set that frolics on its Mediterranean beaches, Spain has long been anything but an In country. It was something of a pariah for decades under the dictatorial rule of Generalissimo Francisco Franco. Suddenly, however, it has become one of the hot spots on the international business scene. Just one year after Spain won full-fledged membership in the European Community, the country's economic growth is accelerating, its stock market is surging, and foreign capital is pouring across its borders at a record rate. Spanish businessmen are already looking ahead to an expected bonanza from the 1992 Summer Olympic...

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