ECONOMY

EU requires Spain to increase VAT rates for some healthcare products

Finance Ministry says it is studying binding ruling by European Court of Justice

Treasury cashes in on market truce by issuing 5.775 billion euros in bills

Government expects improved conditions to persist in coming months

ECONOMIC CRISIS

Household savings rate falls to record low

Spaniards dip into their piggy banks to maintain consumption as diposable income falls

SOCIETY

Spain’s Amancio Ortega makes biggest strides among billionaires

Fashion retail magnate saw his wealth jump by 16.7 billion euros last year

AIRLINE SECTOR

Iberia unions call off pre-Christmas strikes out of “respect” for travelers

Labor representatives and management remain at odds over airline’s restructuring plan

BUSINESS

Iberia cancels seven direct routes as part of reorganization plan

Airline’s unions decide to maintain strikes scheduled for Christmas

FINANCE

Treasury sells 10-year bonds at lowest yield in over a year

Debt-management agency adds further 4.25 billion euros to its piggy bank for next year

Draghi effect stems outflows of capital from Spain

Country saw net inflows in September after hemorrhaging funds for 14 months

MARKETS

Risk premium below 400 basis points for first time in a month

Bank of Spain warns that impact of ECB’s threat to intervene may be petering out

Spanish bank borrowings from ECB fall for the first time in a year

Lenders tapped 378.2 billion euros from supervisor in September

PUBLIC DEBT

Treasury gets through first tender hurdle in a challenging month

Debt-management agency sells close to four billion euros in bonds

UNEMPLOYMENT

Jobless claims swell further as recession bites hard

Unemployment benefit payments put deficit target at risk

PUBLIC FINANCE

ECB sees Spain’s debt rising above GDP if austerity fails

Bank sees structural reforms as key to sustainability European bailout for banking system main reason for leap in indebtedness

DEBT CRISIS

Companies test the lending tap after easing of risk premium

Spanish firms seize window of opportunity to improve their liquidity situation

FINANCIAL CRISIS

Spanish banks face up to bailout with worst bad-loan ratio

Non-payment of credit reaches an unprecedented 9.4 percent in June, according to Bank of Spain

BANKING CRISIS

FROB bursts Bankia share-trading bubble

Fund’s warning that investors must take losses stems rise

INTERVIEW

"Just mentioning the Mecca project is a presentation asset"

Project manager recalls the events that won her team a prized contract

ECONOMY

Bank of Spain sees recession moving faster on “increased risk aversion”

Private consumption falling at fastest rate for over a decade

DEBT DRAMA

Spain pays euro-era record to sell government bonds

Risk premium falls to just over 500 basis points

ECONOMY

Mayhem returns to the Spanish markets

Bourse suffers worst session for the year on Friday as Spain’s risk premium jumps once more Yield on 10-year government bond rose above six percent at one point

BUDGET DEFICIT

Spain defies Brussels by granting itself the leeway it was denied on the deficit

The target of 5.8 percent is 1.4 percent above that previously agreed with the Commission Merkel says changed figure makes "no sense" but market reaction muted Government expects economy to contract 1.7 percent this year

BUSINESS

Greek deal helps Spain T-bill yields back to pre-crisis levels

Investors clamor for paper despite lower rates

BUSINESS

Reforms will see “lower house prices,” minister promises

De Guindos announces raft of measures to shore up banking sector