Spain
Germany and EU law will block ESM banking licence
Italian Prime Minister Mario Monti said yesterday that the ESM, the 500 billion euro (613 billion...
EUSpanish bailout remains likely, despite European help
Inter-linkage between the public sector, the financial system and the broader economy has...
SpainECB will delay, not prevent, Spain's rescue
ECB President Mario Draghi yesterday said the ECB would do "whatever it takes" to save the euro,...
EUPortugal may need more time or aid as outlook worsens
The OECD warned yesterday that Portugal's economy will contract more than the government expects:...
PortugalSpain's regional rescues may prompt ECB intervention
Spain's borrowing costs rose to new highs today -- the yield on two-year debt was 6.74%, while...
SpainFull bailout threat for Spain will pressure ECB to act
The government yesterday paid a record high interest rate of 6.5% on its 5-year bond, while the...
SpainEurope's coal demand may follow shrinking production
Thousands of miners demonstrated in Madrid yesterday against the government's plans to cut coal...
EUSpain's austerity 'cure' worsens outlook and risks
Prime Minister Mariano Rajoy's government yesterday announced a fourth round of austerity...
Spain