# spanish-economy - Tuesday 2 April, 2013
# spanish-economy - Sunday 25 November, 2012
…but Catalan voters could have to wait some time for full independence, with Madrid remaining opposed to the idea.
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# spanish-economy - Sunday 21 October, 2012
Elections are taking place in the Basque Country – the first since ETA renounced violence – and Mariano Rajoy’s home area of Galicia.
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# spanish-economy - Friday 28 September, 2012
An independent audit of the banking sector says seven of Spain’s 14 banks will need financial support.
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# spanish-economy - Thursday 27 September, 2012
Prime minister Mariano Rajoy will hope that the hard-hitting Budget will soften the terms of any prospective bailout.
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# spanish-economy - Friday 14 September, 2012
A Dutch newspaper quotes an insider as saying informal talks for a full-blown sovereign bailout are underway.
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# spanish-economy - Tuesday 4 September, 2012
Spain’s unemployment rate is the highest in the industrialised world.
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# spanish-economy - Friday 27 July, 2012
The cost of borrowing for Spain keeps getting higher – fuelling rumours of needing a full-on bailout.
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Reuters says a Spanish minister broached the idea on Tuesday. If they’re right, Ireland could be hit with a bill for €4.77 billion.
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# spanish-economy - Wednesday 25 July, 2012
The Green Party points out that Labour’s sister party in Germany is opposed to letting banks borrow straight from the ESM.
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# spanish-economy - Thursday 19 July, 2012
Workers have taken to the streets decrying “robbery”, on the eve of a teleconference to secure Spain’s €100bn bailout.
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# spanish-economy - Thursday 28 June, 2012
The German chancellor says short-term measures to stop Spain and Italy from going under won’t cut it.
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# spanish-economy - Tuesday 26 June, 2012
Spain issued some 3-month and 6-month bills this morning – but saw its rates rocket following its bailout request.
# spanish-economy - Tuesday 19 June, 2012
Spain sold off €3 billion in 12-month bills, but paid the price as investors continued to demand a high premium for their money.
# spanish-economy - Monday 18 June, 2012
The costs had fallen after Greece’s election, but are back up this morning as the fear of contagion remains…
# spanish-economy - Saturday 16 June, 2012
Plus – the latest estimate of the average industrial wage, and how close Spain is being pushed to an international bailout…
# spanish-economy - Tuesday 12 June, 2012
If you were lending cash to the Spanish government for 10 years, you’d get an annual interest rate of 6.76 per cent.
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The commissioner says he still wants to assist Ireland – and confirms Spain’s banking bailout won’t bring new fiscal conditions.
# spanish-economy - Monday 11 June, 2012
Germany ensured that Spain’s €100bn banking bailout would go through the government – meaning it counts towards national debt.
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# spanish-economy - Friday 8 June, 2012
Both the European Commission and the German government say Spain has not made a formal application for EU funding.
# spanish-economy - Thursday 7 June, 2012
It’s a tale of two Europes as countries go to the bond markets this morning…
# spanish-economy - Wednesday 6 June, 2012
The Spanish treasury minister says Spain “doesn’t have the market door open”, at a time it needs cash to help its banks.
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# spanish-economy - Tuesday 5 June, 2012
France’s new foreign minister hits back at Barack Obama, saying: ‘Lehman Brothers was not a European bank.’
# spanish-economy - Monday 28 May, 2012
This all feels eerily familiar…
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# spanish-economy - Tuesday 17 April, 2012
All the biggest news stories from the day, as well as the few bits and pieces you might not have seen.
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# spanish-economy - Monday 16 April, 2012
All the biggest news stories from the day, as well as the few bits and pieces you might not have seen.
# spanish-economy - Wednesday 11 April, 2012
Investors declined the opportunity to buy short-term Italian bills this morning, seeing interest rates double from last month.
# spanish-economy - Tuesday 13 March, 2012
A meeting of Eurozone finance ministers sees Spain encouraged to frontload budget cuts in order to achieve EU deficit targets.
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# spanish-economy - Tuesday 21 February, 2012
Last week marked the first time in six months that the European Central Bank didn’t intervene in the sovereign bond markets.
# spanish-economy - Tuesday 17 January, 2012
Spain sees the interest rate for 12-month bonds fall significantly, while Belgium has mixed results in an auction of its own.
# spanish-economy - Tuesday 13 December, 2011
There’s little respite for Greece, though, which is asked to pay a higher yield on an experimental auction of short-term bonds.
# spanish-economy - Monday 21 November, 2011
The pan-European ESCP business school says Ireland could get rid of €184bn in debts – by simply cancelling them out with others.
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# spanish-economy - Thursday 17 November, 2011
The price of borrowing for Spain is approaching the 7 per cent barrier, after both Spain and France struggled with bond auctions.
# spanish-economy - Tuesday 15 November, 2011
The markets seem nervous about Mario Monti’s attempts to form a government – while a Spanish bond auction also goes badly.
# spanish-economy - Monday 12 September, 2011
…and its input was virtually worthless, because prices today are pretty much exactly where they were seven days ago.
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# spanish-economy - Saturday 10 September, 2011
From Business ETC ECB
Jürgen Stark is stepping down three years early – apparently in protest at ECB policies not favoured by his native Germany.
# spanish-economy - Wednesday 7 September, 2011
Angela Merkel welcomes the Constitutional Court’s decision – but says it does not mean the emergence of a closer fiscal union.
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Germany was not acting unconstitutionally in sanctioning a Greek bailout, the court says – though future bailouts need greater approval.
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# spanish-economy - Tuesday 6 September, 2011
Christine Lagarde says there’s a “crisis of confidence”. No kidding: markets are slipping while borrowing costs are back on the up.
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Clouds and sun
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Min: 4 °C
Some sun with a few showers; cooler
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Partly sunny and warmer
Max: 13 °C
Min: 3 °C
