Unemployment falls back below six million in the second quarter
Jobless rate declines to 26.26 percent
Downturn in economy slows in second quarter
Bank of Spain estimates GDP contracted a quarterly 0.1 percent
Telefónica buys KPN German unit for 8.1 billion euros
Spanish giant to pay 5 billion euros in cash and offer a 17.6-percent stake in its German unit
Overseas visitors to Spain hit record numbers in June
Country receives over six million tourists for first time
Brussels orders Spain to recover tax breaks granted to shipbuilding sector
Ruling applies to financial intermediaries for the period 2007-2011
OECD wants safety nets for long-term unemployed to be strengthened
Agency expects jobless rate in Spain to climb to close to 28 percent in 2014
Spanish services sector activity hints at corner being turned
Consultant Markit sees “tentative” signs of stabilization after smallest drop in business for almost two years
Portuguese economy slumps annual 4.0 percent in the first quarter
Domestic demand shrinks further due to austerity drive and steep fall in investment
Regions keep debts to bare minimum in first quarter
Shortfall across Spanish administrations comes in at 1.41 percent of GDP at start of year
Activity in services sector at lowest ebb for the year
Spanish Purchasing Managers’ Index shows negative outlook for the 22nd straight month
Recession eases in first quarter, Bank of Spain says
GDP contracted 0.5 percent from previous three months after decline of 0.8 percent in the final quarter of 2012
Darty to exit Spain as losses grow, with 650 jobs to be cut
Retail company to focus on business in France, the Netherlands and Belgium
Household savings rate hits new record low
Spaniards’ lower spending habits fail to offset drop in average income
Santander to sell stake of up to 5.2 percent in its Polish unit
Deal could bring in 315 million euros for leading Spanish bank
Retail sales decline 10.2 percent in January
Sector has suffered negative figures for 31 months in a row
Wage costs suffer biggest fall on record at end of last year
Sharpest declines were in public sector due to government’s austerity policies
Portugal in grip of deepest recession since 1975
Sharpest declines were in public sector due to austerity
Spain’s risk premium continues to narrow as fears abate
Ibex 35 leads European bourse higher
Repsol sells five percent of itself to Singapore’s Temasek for 1.036 bn. euros
Oil conglomerate to rack up 148 million euros in losses from deal
Weak consumer spending aggravates recession at the end of last year
Strong exports help offset big contraction in domestic demand
Repsol sells LNG operations to Shell for 5.1 billion euros
Anglo-Dutch firm to pay 3.375 billion euros in cash and assume associated debt
Spain “extremely concerned” about Italy jitters as risk premium rises
Agencies / Andrew Sim|
Stock market falls sharply on fears of post-electoral instability in euro zone’s third-largest economy
EC estimates Spain’s deficit hit 10.2 percent of GDP last year with bank aid
Brussels dismantles government’s economic forecasts, but may give it more time to meet targets
Reyal Urbis calls in the receivers with debt of 3.6 billion euros
Failure of the real estate company is the second biggest in Spanish corporate history
Transfers to bad bank bring about cosmetic fall in loan defaults
Non-performing rate for December of last year declines for first time since March 2011
Ex-central bank chief complains about minister’s meddling in Bankia
Shares of nationalized bank continue to plunge hitting lowest ever level
Contraction in Portuguese economy doubled last year
Recession in euro zone deepened in fourth quarter