Spain
Results for Spain
- Bailout To Be 'Cushion' For Spain
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Euro zone finance ministers have agreed to lend Spain up to €100 billion to shore up its teetering banking system, the Irish Times reported. Madrid said it would specify precisely how much it needs once independent audits report in just over a week. ...
Daily Headline - global.abi.org - 06/10/2012 - 21:39 - 0 comments
- Merkel Says EU Is 'Ready To Act' As Spain Downgraded
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German chancellor Angela Merkel said Europe was ready to act to ensure stability in the euro zone as Spain's credit rating was cut by three notches today amid expectations it may soon seek EU help for banks beset by bad debts, the Irish Times re ...
Daily Headline - global.abi.org - 06/07/2012 - 22:28 - 0 comments
- Spain Makes Explicit Plea For Bank Aid
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Spain has made its most explicit call to date for European institutions to recapitalise the country’s banks amid concerns about its own ability to raise the billions of euros needed on sovereign bond markets, the Financial Times reported. Cristóbal M ...
Daily Headline - global.abi.org - 06/05/2012 - 21:48 - 0 comments
- Germany Resists Proposals to Aid Spain’s Banks
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European Union and French officials squared off against Germany on Monday over how best to help Spain’s ailing banks, drawing lines in the debate over the latest challenge to the euro zone, the International Herald Tribune reported. Olli Rehn, the Eu ...
Daily Headline - global.abi.org - 06/04/2012 - 21:20 - 0 comments
- Spain Will Regret Refusing Front-Door Bailout
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Madrid will regret refusing a front-door bailout. The straightforward way of dealing with Spain’s banking problem would be for the government to borrow 50 to 100 billion euros from the European Financial Stability Facility (EFSF) or the soon-to-be-create ...
Daily Headline - global.abi.org - 06/03/2012 - 22:29 - 0 comments
- Money Flies Out Of Spain, Regions Pressured
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basis points. Bank of Spain data showed a net 66.2 billion euros ($82.0 billion) was sent abroad last ...
Daily Headline - global.abi.org - 05/31/2012 - 22:50 - 0 comments
- EU Asks Spain For Details Of Bankia Rescue
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The European Union pressed Spain on Thursday to urgently clear up doubts over its mammoth rescue of stricken lender Bankia so as to calm investors fearing a financial breakdown, Agence France-Presse reported. As investors exited Spanish government bonds ...
Daily Headline - global.abi.org - 05/31/2012 - 22:51 - 0 comments
- EU Throws Spain Two Potential Lifelines
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The European Commission threw Spain, the latest frontline in Europe's debt war, two potential lifelines on Wednesday, offering more time to reduce its budget deficit and direct aid from a euro zone rescue fund to recapitalise distressed banks, Reute ...
Daily Headline - global.abi.org - 05/30/2012 - 21:38 - 0 comments
- Bankia Tumbles as Spanish Stocks Slide
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Continued concerns about Spanish banks sent the country's stock market to fresh nine-year lows, the two-year German yield to zero and the euro to its weakest level against the dollar in nearly two years, The Wall Street Journal reported. Investo ...
Daily Headline - global.abi.org - 05/30/2012 - 21:38 - 0 comments
- China Buys Up Spain's Assets
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A debt-laden Spanish construction firm became the latest European company to unload assets onto eager Chinese buyers, as Europe's debt woes force firms to look to China for cash, The Wall Street Journal reported. State Grid Corp., China's g ...
Daily Headline - global.abi.org - 05/30/2012 - 21:40 - 0 comments
