Banco de España Returns Property in Madrid Sierra, Renounces Legal Action Against Ayuso

Banco de España returns property in Madrid Sierra and gives up legal battle against Ayuso's government.

    Key details

  • • Banco de España will return a 1,100 square meter property in the Madrid sierra.
  • • The decision includes renouncing legal action against the Ayuso government.
  • • The original concession dates back to 1920, impacting around 900 people.
  • • The move aims to resolve local concerns regarding the property.

The Banco de España has announced the return of its 1,100 square meter property located in the sierra de Madrid, coinciding with its decision to renounce legal action against the regional government led by Isabel Díaz Ayuso. This concession, granted in 1920, had raised concerns and questions about the future of 900 residents associated with the property.