Top Spain banker bailed in crisis probe
The former head of Spanish bank Caja Madrid became the first top banker to spend time in jail over alleged mismanagement in the financial crisis, officials said on Friday.
Tag Archive | "spain"
Spain’s ‘indignants’ retake streets on second anniversary
Sunday, May 12, 2013
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Thousands of Spaniards on Sunday gathered to mark the second anniversary of the "indignants" movement formed to protest economic inequality as unemployment in the debt-ridden country last month hit record levels.
Spain says headline jobless queue shrinks
Monday, May 6, 2013
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The masses of people registered at unemployment offices in Spain shrank slightly in April to fewer than five million, raw data showed Monday, a result hailed by Prime Minister Mariano Rajoy's government.
Spain economy shrinks 0.5% in first quarter 2013
Tuesday, April 30, 2013
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Spain's economy shrank 0.5 percent in the first quarter of 2013, official data showed, as a job-destroying recession gripped the struggling nation.
Spanish minister sees deeper contraction in 2013
Monday, April 22, 2013
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Spain's economy will shrink by between 1.0 percent and 1.5 percent this year, Economy Minister Luis de Guindos said in an interview published Monday in the Wall Street Journal.
Spanish deficit at 10.6% of GDP: EU
Monday, April 22, 2013
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The European Commission released on Monday final deficit and debt data for eurozone and EU states that was in line with upward revisions announced in late March by key countries such as Spain and France.
In Spain anti-capitalist nun gets into politics
Friday, April 19, 2013
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From her small convent in the mountains near Barcelona, Sister Teresa Forcades, a Harvard-educated Catalan nun, has emerged as a leading advocate of Spain's "indignant" protest movement against the excesses of capitalism.
Spanish banks see profits after ‘horrific’ 2012
Wednesday, April 3, 2013
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Spain's battered banks predicted Thursday they will turn a profit this year after a "horrific" 2012 in which the overall industry recorded losses for the first time in its history.
Spain raises 2012 deficit figure to comply with EU rules
Wednesday, April 3, 2013
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Spain revised its public deficit figure for 2012 higher on Wednesday to 6.98 percent of economic output from the 6.74 percent figure it posted last month, to comply with a request by the EU's statistics office regarding Madrid's calculations of tax refund claims.
Spain banks to pay up to 2.0 bln euros to reimburse investors
Wednesday, April 3, 2013
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Spain will ask private banks to contribute 1.5-2.0 billion euros to help reimburse investors who bought risky savings products that have lost most of their value from unlisted lenders which have since been nationalised, the government said Friday.
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Friday, May 17, 2013
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