Results for Spain
- Ireland, Spain Move to Go It Alone After Bailouts
carry risks, especially as new figures showed that the euro zone grew just 0.1% in the third quarter and ...
Daily Headline - global.abi.org - 11/14/2013 - 20:09 - 0 comments
- Spanish Appliance Group Fagor Files For Bankruptcy
Spain's biggest consumer appliance company Fagor said on Wednesday it had started insolvency proceedings after failing to reach a deal on debt which it needed to keep going as sales fell, Reuters reported. Spanish bankruptcies have risen steadily th ...
Daily Headline - global.abi.org - 11/13/2013 - 21:44 - 0 comments
- EU Forecasts Are Wake-Up Call For Spain
prediction for next year, saying Spain’s gross domestic product was likely to rise by just 0.5 per cent in 2014, rather than the 0.9 per cent forecast by the commission in March. The Spanish government, in contrast, recently raised its forecast for next year and is hoping for growth of 0.7 per cent in 2014. The ...
Daily Headline - global.abi.org - 11/06/2013 - 20:43 - 0 comments
- Spanish Applicance Maker Fagor Nears Bankruptcy Filing
Spanish appliance maker Fagor Electrodomésticos on Wednesday edged toward a possible bankruptcy filing after its French unit said it was seeking protection from creditors, The Wall Street Journal reported. Fagor, Europe's fifth-largest maker of ...
Daily Headline - global.abi.org - 11/06/2013 - 20:44 - 0 comments
- Spain's Service Point Applies For Creditor Protection
shares, which had fallen 7.4 percent on Thursday to 0.37 euros, valuing the company at around 65 million ...
Daily Headline - global.abi.org - 10/24/2013 - 21:15 - 0 comments
- Hedge Funds Prepare To Mop Up Bad Spanish Company Loans
Hedge funds are circling Spanish banks, hoping to mop up bad corporate debt cheaply when the lenders finally face up to billions of euros in losses on loans to firms in trouble, Reuters reported. Spanish companies are among the most indebted in Europe, a ...
Daily Headline - global.abi.org - 10/23/2013 - 20:03 - 0 comments
- Spain’s FCC Seen Arranging PIK Debt in $7 Billion Restructuring
Fomento de Construcciones & Contratas SA is in talks with creditor banks to convert part of the Spanish infrastructure company’s loans into payment-in-kind debt, according to two people familiar with the matter, Bloomberg reported. The higher-yieldin ...
Daily Headline - global.abi.org - 10/22/2013 - 16:47 - 0 comments
- Spanish White Goods Company Fagor Seeks Protection From Creditors
Spanish loss-making consumer appliance company Fagor filed for protection from creditors while it tries to refinance its debt, the company said on Wednesday, after suffering a prolonged period of falling sales. Fagor said in a statement it had begun &quo ...
Daily Headline - global.abi.org - 10/16/2013 - 21:34 - 0 comments
- Multinationals Beach Tax Bills In Spanish Shells
A rented office overlooking a dusty rail track near Madrid’s airport was until recently the workplace of what would appear to be the most productive worker in all of Spain. From here a single employee presided over a company that from 2009 to 2011 made € ...
Daily Headline - global.abi.org - 09/26/2013 - 20:34 - 0 comments
- Spain Emerges From Recession but Sees More Austerity Ahead
Spain emerged from two years of recession late this summer, but it faces a long period of more austerity and painful adjustments before it can regain its footing and put most of its six million unemployed back to work, Prime Minister Mariano Rajoy said o ...
Daily Headline - global.abi.org - 09/23/2013 - 17:55 - 0 comments