Jobless rate moves above 25 percent for the first time on record
More than 5.7 million people in Spain are looking for work Youth unemployment hits 52.3 percent
Banco Santander earnings hit by real estate provisions
Net profit falls 66 percent in first nine months and 94 percent in third quarter alone
Risk premium falls below 400 basis points after Moody’s stay on rating
Agency says it expects Spain will ask for European line of credit
Catalan leader threatens to “internationalize conflict” with EU appeal
Mas accepts that an independent Catalonia would not immediately enter the Union Justice Minister Gallardón reiterates claim that “Spain doesn’t make any sense without Catalonia”
Telefónica agrees to sell Atento unit to Bain Capital
Deal assigns enterprise value to call-center unit of 1.04 billion euros
Spanish banks need over 50 billion euros to clean up balance sheets
Oliver Wyman stress tests show seven banks do not need any further funding Bankia requires 24.743 billion euros and Popular 3.223 billion
“Read my lips!” — Rajoy breaks vow not to raise income tax
New treatment of short-term capital gains aimed at "speculators"
EU cuts Lisbon more slack on deficit as economy wilts
Portugal given extra year to meet EU ceiling Finance minister announces more austerity measures
Companies test the lending tap after easing of risk premium
Spanish firms seize window of opportunity to improve their liquidity situation
Spain needs to ask for bailout to activate ECB bond purchases
Draghi says “strict conditions” will be imposed in exchange for help
Rajoy prepares to meet Merkel on key day for Spain
ECB to unveil bond-purchasing plans Spanish PM to seek German support to avoid strings being attached to any second bailout
Activity in services sector continues to contract
Businessmen concerned about impact of the hike in VAT on already weak demand
Davos ranks Spain close to bottom on deficit and credit access
World Economic Forum report says country’s labor market remains “too rigid” and highlights waste of university talent
Santander launches Mexican unit share offer
Valuation makes operation the largest equity offering of the year in Latin America
Recession began earlier than first estimated by statistics office
Government rules out recovery in economy before next year
ECB inaction sends Spanish markets into tailspin
Draghi conditions buying bonds to prior requests for help from the EU’s rescue funds
German finance chief douses Spanish market rally
Wolfgang Schäuble pours cold water on idea of rescue fund buying debt of Spain and Italy
Telefónica omits dividend, cuts executive pay due to domestic crisis
The company also announced its earnings for the first half a day ahead of schedule
Spanish financial markets remain under siege
Risk premium near euro era highs, stocks fall to 2003 levels
Low-earning state workers exempt from bonus blow
Poorer civil servants to get Christmas payment as finance minister denies lack of policy coordination
New Bank of Spain chief criticizes his predecessors
Luis María Linde confirms that toxic financial assets will be deposited in a single “bad bank”
Spanish banks borrow record amounts from European Central Bank in June
Short-term loans jumped by almost five times in June
Lukewarm response from markets to new austerity drive
Risk premium remains over 500-basis-point mark
Benchmark bond yield hits new euro-era high
Merkel says Spanish bank bailout will come with strings attached
The “men in black” coming to Spain after bank rescue
IMF, Brussels and the ECB to oversee restructuring of country’s financial sector
Spain accepts bank bailout
Eurogroup ministers discuss 100-billion-euro rescue package for financial system
Regions balance their books in the first quarter
“The plan has been bearing fruit,” says Finance Minister Cristóbal Montoro Government to announce new funding mechanism next week