Bank mergers solve the debt crisis. At least that is the strongly held view in Madrid, where Spanish prime minister Mariano Rajoy is considering yet…
AFPSpanish Economy Still StrugglesWall Street JournalBy JONATHAN HOUSE And JEFFREY T. LEWIS MADRID—Spain's gross domestic product continued to shrink in the second quarter, Finance Minister Luis de Guindos said Monday, yet more bad news for the c…
BloombergSpain Defends Austerity, Slams Critics, As Yields SurgeWall Street JournalBy David Roman MADRID (Dow Jones)–Spain's government Wednesday reiterated its commitment to its austerity program and asked for a stronger response from its Europea…
Atlanta Journal ConstitutionSpain Raises Nearly $3.8 Billion In Debt AuctionTheStreet.comBy AP 05/14/12 – 07:12 AM EDT MADRID (AP) — Spain managed to raise €2.9 billion ($3.8 billion) in a short-term bond auction on Monday, but concerns over the fu…
AFPSpain short-term debt costs to stay high after bank planChicago TribuneMADRID (Reuters) – Spain will pay high premiums to sell short-term debt on Monday, after the government's latest attempt to fix the banking sector failed to allay concerns ab…
BBC NewsA European primer: What does austerity look like?Seattle Post IntelligencerAP, A demonstrator is led away by police officers as he an others are evicted from Puerta del Sol plaza in Madrid, Spain, during the early hours of Sunday, May 13, 2012….