Spain fails to hit annual renewable energy targets in 2015
Despite shortfall of 1.1%, Brussels is confident Madrid will meet its overall goal of 20% by 2020
Despite shortfall of 1.1%, Brussels is confident Madrid will meet its overall goal of 20% by 2020
EU says Spanish budget plan for 2017 is broadly compliant with EU requirements for now
Brussels is concerned about PM Rajoy’s ability to get new adjustments approved in a hostile Congress
Ruling which cannot be appealed means lenders now have to refund €3 billion earned before 2013
Madrid joins list of European cities vying to host some of the City’s lenders in the post-Brexit world
Opposition Socialists vow to block any “anti-social” draft by the PP minority government
But Luis de Guindos hopes it will not be necessary to slash €5.5 billion from the budget
European Commission warns Madrid of dangers of not meeting deficit reduction commitments
But it is still unclear whether Madrid will finally face fines, as the Commission deals with pressure from members who want exemplary punishment and those who favor leniency
Leaders from Finland to Spain unable to agree on joint measures to guarantee security
A late change in attitude by the German finance minister was key in preventing a fine for overshooting budget deficit targets
In exchange for leniency, the Commission sets tough new goals between now and 2018
European Commission says Málaga test center aid did not help regional development
Analysts are forecasting that lower tax revenues and higher spending will take the figure close to 4.1% of GDP
Diplomats agree that the region’s fifth largest economy is losing political relevance in the EU
In a letter to European Commission, Spanish PM says he is “prepared to adopt new measures”
EU postpones sanctions for deficit target miss but demands more adjustments between now and 2017
Chairman of Council of Economic Advisors says Brussels should relax its regulations
European Commission will demand more adjustment and start proceedings for constant target misses
The Spanish government has not accepted a single person since admitting 18 at the end of 2015
European Commission raises economic expansion to 2.8% in 2016 and 2.5% in 2017
European Commission lays out views of current situation in its draft ‘Spain 2016’ report
But European Commission president avoids voicing preferences for makeup of executive
European Commission president says he has not yet spoken with acting PM Rajoy
European Commission concerned AVE train lines are not generating enough revenue
Brussels report on Spain’s economy praises progress, but says much still needs to be done European Commission concerned about continuity of changes after December 20 election
Peru will have to implement biometric passport system before EU agrees to similar system