Spain
Downgrades and rescues dent euro-area bank confidence
Moody's yesterday downgraded 16 Spanish banks, having downgraded 26 Italian banks on May 14.
EUNew Greek elections may spark euro exit and contagion
President Karolos Papoulias said yesterday that talks to form a coalition had failed and that the...
GreeceSpanish Repsol begins YPF lawsuits against Argentina
Spanish Repsol and Texas Yale Capital Corp yesterday filed a lawsuit in a US District Court in...
ArgentinaEuro-area avoids recession but internal gap widens
The euro-area economy stagnated in the first quarter of 2012 after contracting by 0.3% in the...
EUAmid worsening data, outside aid to Spain looks likely
Spain will miss its budget deficit target of 5.3% of GDP this year, the European Commission...
SpainGrim EU growth in 2012 may see political confrontation
The European Commission today announced that it expects the euro-area economy to contract 0.3%...
EUEURO-AREA: Risks rise for Spain and Italy rescues
It is increasingly likely that Spain will require some form of assistance to pull it out of a...
EUMovistar faces fine over service cut in Argentina
Following a several-hour service outage on April 2, cellphone operator Movistar, controlled by...
Argentina
