Spanish Debt Crisis

Spain has moved into the frontline of the euro crisis as the Rajoy government is facing conflicting economic, social and political pressures to reduce borrowing costs and the budget deficit while resisting growing anti-austerity sentiment within the country

From WORLD 11:47am

IMF warns Spain against slowing reforms

Changes to labour market needed to tackle unemployment, says fund

From GLOBAL ECONOMY Jun 13, 2013

Spain’s austerity pain fuels brain drain

Madrid accused of destroying key pillar of economic recovery

From COMPANIES Jun 9, 2013

Spain’s ownership web set to untangle

Capital rules threaten complex network of cross-shareholdings

From COMPANIES Jun 5, 2013

Ex-Caja Madrid head to be held without bail

Miguel Blesa goes back to prison

Government employment benefit office in Madrid, Spain ©AP From GLOBAL ECONOMY Jun 4, 2013

Madrid hails fall in unemployment rate

Number of registered jobless fell by 98,265 in May

From WORLD Jun 3, 2013

Germany seals €1bn SME loan deal for Spain

Lending plan criticised for being a form of mutualised debt

From MARKETS May 30, 2013

Spanish banks up sovereign bond holdings

Increase helps explain fall in government bond yields

From COMPANIES May 28, 2013

Spanish crisis takes toll on car sales

Despite policies to boost production there are fears it will still decline

From WORLD May 27, 2013

Rajoy’s regional deficit aims anger allies

Spanish PM seeks asymmetric cuts but critics want uniform limits

Bankia ©Reuters From COMPANIES May 23, 2013

Spain’s banks face €10bn more provisions

Central bank presses lenders on ‘extend and pretend’ loans

From MARKETS May 23, 2013

Spain mulls inflation-linked debt sale

Treasury says it has more alternatives to tap market

From COMPANIES May 17, 2013

Former head of Caja Madrid held

Bail set at €2.5m for senior banker

From GLOBAL ECONOMY May 17, 2013

Spain records first surplus since 1971

March exports rise 2 per cent and imports decline 15 per cent

From COMPANIES May 15, 2013

Spanish banks under pressure on bad loans

Pressure rises to deal with €200bn in restructured debt

From WORLD May 14, 2013

Indignados focus on workaday survival

Spanish protesters’ demands are more concrete and less ambitious

From GLOBAL ECONOMY May 9, 2013

Exports brighten Spain’s economic gloom

Analysts say foreign demand not enough to offset slowdown

From WORLD May 6, 2013

Slight fall in Spain’s registered jobless

Drop of less than 1% reflects seasonal rise in employment

From GLOBAL ECONOMY Apr 30, 2013

Spain’s economy shrinks 0.5%

Quarter-on-quarter figure in line with official forecast

From GLOBAL ECONOMY Apr 26, 2013

Spain plans to delay deficit reduction

Minister says Madrid’s plans are ‘compatible’ with need for recovery

From COMPANIES Apr 26, 2013

Recession-hit Spain drags down top banks

BBVA and Santander hit by earnings squeeze

From GLOBAL ECONOMY Apr 25, 2013

Record unemployment in Spain and France

Latest total piles pressure on Madrid to ease austerity

From COMPANIES Apr 24, 2013

Bankia reports profit two months after record loss

Nationalised bank earns net profits of €72m for first quarter

From WORLD Apr 23, 2013

Spain poised to ease austerity push

Madrid to focus on structural reforms in policy switch

From COMPANIES Apr 14, 2013

Pensions investment set to grow in Spain

Mapfre head says move prompted by banking crisis

From WORLD Apr 11, 2013

Spain seeks to burnish its battered brand

Repairs sought to damaged ‘Marca España’