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Spain
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Current Spain News Today Spain to slump further but will hit deficit goal Spain said on Monday it would meet its deficit targets this year despite a new slippage in its regions' accounts and a further contraction of the economy in the second quarter. Economy Minister Luis de ... Mon, 21 May 2012 03:32:31 -0700 Spain: no need for European funds to help banks Spain's economy minister says a nationalized bank laden with toxic real estate assets will require a fresh injection of public money of up to €7.5 billion ($9.6 billion), but dismissed suggestions from France that the banking sector as a whole needs to be bolstered with European money. Mon, 21 May 2012 03:04:00 -0700 Spain denies need for external bank aid Spain denied Monday it needs any foreign help for its banks, which are staggering under the mass of loans that turned sour after a 2008 property crash. Mon, 21 May 2012 02:24:18 -0700 Spain Bank Loan Audit Key to Stemming Bond Rout: Euro Credit Spain’s ability to restore investor willingness to buy its bonds hinges on how credibly the nation audits the value of the deteriorating loans of its banks. Mon, 21 May 2012 02:52:39 -0700 Spain to pick bank audit firms on Monday: PM Spain will pick on Monday two independent auditing firms that will look at how deeply the country's banks are exposed to the collapsed real estate sector, the prime minister said on Sunday. Sun, 20 May 2012 13:31:58 -0700 |
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