Results for Spain
- Spain's Isolux Starts Proceedings to Avoid Insolvency
Spanish engineering company Isolux said on Friday it had activated the formal process aimed at avoiding insolvency, as it battles to secure enough money to remain in business, Reuters reported. Under Spanish law, companies can enter into debt restructuri ...
Daily Headline - global.abi.org - 04/02/2017 - 21:52 - 0 comments
- Spain’s Gas Natural Squares up to Colombia Over Seizure of Assets
A major Spanish energy provider is fighting the Colombian government’s seizure of its assets on the country’s Caribbean coast, threatening to take South America’s third-largest economy to international arbitration, the Financial Times reported. Colom ...
Daily Headline - global.abi.org - 03/16/2017 - 20:44 - 0 comments
- Spanish Inflation Confirmed at Four-Year High in February
period the previous year. On a monthly basis, prices fell 0.3 per cent compared to January. Both figures ... sector where prices fell compared to February 2016 was furniture and household goods, with a 0.4 per cent ...
Daily Headline - global.abi.org - 03/14/2017 - 23:01 - 0 comments
- Spanish Inflation Hits Four-Year High at 2.9%
Spain’s inflation rate has been confirmed at a more than four year high of 2.9 per cent in January, coming in just below a 3 per cent initial estimate but still underscoring the diverging inflationary performances of countries in the Eurozone, the Fina ...
Daily Headline - global.abi.org - 02/15/2017 - 22:21 - 0 comments
- Spain Launches Criminal Probe Into Ill-Fated Bankia Flotation
Spain’s highest criminal court has launched a probe against the former heads of the central bank and the stock market regulator, declaring them formal suspects over their failure to stop the ill-fated flotation of Bankia, the Financial Times reported ...
Daily Headline - global.abi.org - 02/13/2017 - 22:26 - 0 comments
- Santander Tackles TLAC Deficit With Senior Non-Preferred Surrogate
Santander is considering ways to issue a new type of senior bond well in advance of the requisite legislation being passed, allowing it to chip away at an approximate 30bn issuance target over the next two years, Reuters reported. The Spanish bank said o ...
Daily Headline - global.abi.org - 01/11/2017 - 23:41 - 0 comments
- Judicial consideration of the Schemes of Arrangement
The significant changes brought to Spanish insolvency law and introduced in the latest legislative session have been firmly directed at promoting schemes of arrangement as a measure to prevent corporate insolvency. Attachment Size ...
Resource Article - twallace@abiwor... - 12/29/2016 - 14:29 - 0 comments - 1 attachment
- IMF Praises Spain For ‘Impressive’ Recovery
Spain has won praise from the International Monetary Fund for its “impressive” economic recovery, in a report that offered strong backing for the political measures taken by prime minister Mariano Rajoy at the height of the recent crisis. “The Spanish ec ...
Daily Headline - global.abi.org - 12/13/2016 - 22:02 - 0 comments
- Spanish State May Be Saddled With Bankrupt Motorways, Minister Says
The Spanish government may to have to take over several bankrupt toll roads, the minister for public works said on Monday, adding that the state's chances of reaching a rescue deal involving the motorways' bank lenders was slim. The government ...
Daily Headline - global.abi.org - 12/12/2016 - 21:45 - 0 comments
- Abengoa's U.S. Unit, Holdout Creditor Spar Over Bankruptcy Plan
A U.S. subsidiary of Spanish renewable energy firm Abengoa SA pressed a judge on Tuesday to approve its plan to exit bankruptcy over objections from a holdout creditor, who said the plan violated U.S. law by favoring the company's foreign parent, Re ...
Daily Headline - global.abi.org - 12/06/2016 - 23:54 - 0 comments