The man who turned El Corte Inglés into a symbol of modern Spain
The death of longtime chairman Isidoro Álvarez marks a turning point for the department store chain
OECD tells Spanish banks to shore up capital and limit dividend distribution
New report says country’s lenders are well positioned for this fall’s European stress tests
Spain’s public debt passes €1 trillion
GDP-to-debt ratio soon set to reach 100% – a figure not seen in more than a century
IMF doubles 2014 growth forecast for Spain in just six months
Improved predictions for 2014 are based on unexpectedly strong economic performance
Spanish families prioritizing education and health over entertainment
Household spending survey shows people are also buying fewer clothes than before the crisis
IMF calls on Spain to raise VAT and lower corporate taxes
Other measures recommended by local mission include tax pardons for struggling companies
Spain’s “golden visa” scheme attracts just 81 investors in first seven months
New law aimed at bringing in foreign entrepreneurs has got off to a less-than-glittering start Offer has mainly appealed to those wanting to buy cheap property
IMF raises 2014 growth forecasts for Spain by 0.3 percentage points
Figure more in line with predictions of European Commission and Spanish government But Washington-based institute still sees unemployment hovering at 25% both this year and next
Spain asked IMF not to reveal troubles in banking sector in 2009
Just two weeks after this meeting, the first savings bank was bailed out by the central lender
Spain played down IMF fears of real estate bubble bursting
Analysts were warning in 2007 of possible consequences of a slowdown and subsequent crisis
IMF gives Spain a must-do list to put crisis behind it
Lagarde calls for further labor reforms and indirect taxes to reduce deficit
Spanish public debt ended 2013 at its highest level in a century
Figure has almost tripled in five years to 93.7 percent of GDP
“People reject capitalism because they think it is based on shady deals”
Luis Garicano argues that Spain’s institutions need a huge dose of transparency Only then will confidence return to the economy
IMF triples its growth forecast for the Spanish economy
GDP to rise by 0.6 percent in 2014, according to Washington-based organization’s new report
Sacyr confident of reaching agreement to finish Panama Canal project
But consortium’s threat to suspend waterway expansion work over cost overrun dispute has not been withdrawn
Interest rates paid by Spanish SMEs on bank loans at lowest level since July 2010
But lending to small companies remains weak, putting a drag on the recovery
Spanish Treasury plans lower net debt issues for this year
Economy Ministry unit may also sell inflation-linked bonds
Foreign investors pile into Spanish sovereign debt
Overseas investors increased their holdings by a record 21 billion euros in November
Crisis wipes 80,000 Spanish households off the map
Immigrants leaving the country and young people moving back home considered prime reasons
IMF warns of corporate loan default problems in Spain, Portugal and Italy
Spanish lenders could face losses of 104 billion euros from bad debt, but have coverage lined up
IMF improves growth forecasts for Spain but raises its estimate for unemployment
Agency sees GDP contracting 1.3 percent this year, but predicts growth of only 0.2 percent in 2014, 0.5 points less than the government
Unproductive Spain
Competitiveness has improved, but it has been at the cost of jobs The country needs to increase investment in new technology, say experts
Administration saves €950 million by paying off loan early
Plan is to return part of 27-billion-euro credit taken out to help regional and local governments pay their suppliers
Spain becomes net recipient of remittances for first time in a decade
Spanish people living overseas send record amounts back home Naturalized Spaniards may be source of funds
Experts see positive but minimal economic growth in third quarter
Pace of the recovery next year too weak to create jobs
Price hikes push up outlays on health, electricity, transport and education
Average household expenditure falls by 12 percent as recession bites deeper
Public debt passes 20,000 euros per capita for first time
State indebtedness reaches almost 90 percent of GDP
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