Person

Philip II of Spain

King of Castile from 1556; three times halted payments on his loans from bankers.

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Also known as
Philip II
Wikidata
Q34417
Over time
  1. intervened in Castile's payment stops (halted payments on the bankers' contracts three times) 1557–1597

King of Castile from 1556; three times halted payments on his loans from bankers.

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Timeline 1 date
  1. 1557–1597 Philip II of Spain intervened in Castile's payment stops
Proof 2 sources
  1. Carlos Álvarez-Nogal and Christophe Chamley, Philip II against the Cortes and the credit freeze of 1575-1577 (working paper, 29 May 2015), Boston University (author's web page), 29 May 2015. Scholarship & press
    each of the three payments stops on asientos by Philip II (1557-60, 1575-7, 1596-7) occurred when the level of ordinary revenues had become insufficient for the funding of more juros
  2. Bartholomew de Las Casas: his life, apostolate, and writings, by Francis Augustus MacNutt (1909; text via Project Gutenberg #23466), Project Gutenberg (from the edition published by Arthur H. Clark, Cleveland, 1909), 1909. Scholarship & press
    and bore a dedication to Philip II
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