INFRASTRUCTURE

Spain’s AVE high-speed rail network set for record expansion in 2015

New stations and more than 1,000 kilometers of track to open this election year

INFRASTRUCTURE

Spanish government to part-privatize national airport authority

Operation to bring private capital into Aena is the most significant of its kind in 15 years

Brussels turns down Spain’s request to clarify rules for alternatives to taxis

Petition comes day after cab strike brought traffic chaos to Madrid and Barcelona

24-hour strike over online car services leaves Madrid without taxis

Drivers’ associations claim 100 percent support for stoppage, which is also affecting Barcelona

EVICTION CRISIS

Home repossessions up 10% in 2013

Spanish lenders took back nearly 50,000 properties last year Figures released by Bank of Spain suggest more borrowers are handing back keys in payment

ECONOMY

Government announces record fall in unemployed for April

Jobless figures down by 111,565, the best result for fourth month since statistical series began But 4,684,301 individuals still remain on the unemployment rolls

infrastructure

Why the train in Spain is more popular than the plane

High-speed rail network overtakes flights as preferred mode of travel

BUSINESS

Bankruptcy-threatened toll road operators offered government bailout

Public Works and Finance ministries want to group nine highways in one state-owned company Proposal would see 50 percent of concession holders' debt canceled

ECONOMY

Bank of Spain says wage devaluation much greater than official figure

Supervisor estimates salaries fell by over two percent in 2012

ENERGY

Tariff deficit exceeded four billion euros in 2013

Government fails in bid to bring down difference between cost of electricity and amount charged to consumers

FINANCIAL MARKETS

Bourses rise as investors factor in expectations of stronger recovery

Spain may revise upward its 2014 GDP forecast

STATE FINANCES

Public debt already just short of goal for the full year

Ratio hits 93.4 percent of GDP in the third quarter

ECONOMY

Lending to households suffers record fall as banks remain parsimonious after bailout

Company credit also slumps to lowest level since 2007

Stock market rally helps household wealth recover

Bank deposits also increase in second quarter

BANKS

Loan default ratio moves above 12 percent for the first time on record

Outstanding bank credit drops to the levels of 2006

money

Stock market recovery helps boost number of millionaires in Spain by 13%

Spaniards with wealth measured in seven digits stands at over 400,000 Meanwhile, there are close to six million people in the country without a job

Barajas sees dramatic loss of passengers

Madrid's main airport served 11.7 percent fewer travelers in August, the biggest fall in Europe

INFRASTRUCTURE

R2 becomes last of Madrid’s radial toll-roads to go under

Company holding the operating license calls in receivers

ECONOMY

Bank lending to companies falls to lowest levels since 2006

Decline is largest since central bank began current historical series in 1995

DEBT ISSUE

Average yields rise slightly at Spanish Treasury auction

Debt-management agency sells 3.51 billion euros in short-term paper

DEBT MARKET

Key bond yield at 2010 level despite Lisbon budget woes

Japan stimulus program sees investors flock to buy up Spanish sovereign debt

ECONOMY

Jobless rate will hit 27 percent, says central bank

Report foresees a return to growth and job creation in 2014

LABOR DISPUTE

We are not amused; Crown staff members to strike during Easter

Two-day stoppage is to protest enforced changes to working conditions established in collective agreement

PUBLIC DEBT

Treasury sails through tender of short-term paper

Sells slightly more than its target of 5.5 billion euros

FINANCIAL MARKETS

Slush fund scandal pushes up Treasury’s borrowing costs

Debt-management agency exceeds issue target at bond tender Risk premium approaching 400-mark

BÁRCENAS' SECRET PAPERS

Spanish corruption scandal hits financial markets

Blue-chip Ibex 35 losses 3.77 percent; risk premium jumps

FINANCIAL SECTOR

Leading banks see profits plummet on provisioning

BBVA and Caixabank join Santander in seeing earnings wither in bailout year of 2012