Brussels further extends Spain’s deficit-reduction deadline
Rajoy’s government gets some leeway that might allow bailout to be avoided
“Restructuring the savings banks will be tough, but it is unavoidable”
EU Competition Commissioner Joaquín Almunia argues that Spain has made great strides in recapitalizing its lenders
Government to limit influence of ‘cajas’ on their banking arms
Spain drawing up legislation to severely constrain composition of boards of savings banks
Spain to ask for further €1.5 billion for four banks
Ceiss needs 850 million to meet capital requirements
Spanish banks receiving EC aid will have to cut balance sheets by over 60 percent
Brussels confirms funds of 37 billion euros for four nationalized lenders NCG and Catalunya Banc to be sold or wound up within five years
Brussels demands massive job cuts at Bankia in exchange for bailout
Novagalicia and other nationalized banks also facing cutbacks as European Commission finalizes 35-billion-euro operation
No accord on EU budget but Rajoy happy with outcome
Spanish PM confident agreement will be reached soon
Spain faces cut in EU budget allocation of 20 billion euros
Country to be net contributor to bloc for first time ever
Economy Minister wants income tax hike to remain in place in 2014
“Spain’s primary objective is to reduce the public deficit,” De Guindos said
European Union fears over Catalonia independence moves
Brussels concerned that regional tensions will distract Madrid government from fiscal discipline
Spain to announce more structural reforms shortly, minister says
Spanish public debt ratio at highest level in a century De Guindos does not expect any additional conditions if Spain seeks second bailout
Key week lies ahead for Spain within euro zone
German finance minister rules out need for a full bailout
Murcia follows Valencia in seeking bailout
Pressure builds up for Spain to request full rescue
Spain secures bailout for its banks but with strings attached
First tranche of credit for Spanish banking sector will be released this month Brussels does not rule fresh austerity demands, including pension cuts
Spain’s De Guindos will request bank bailout “immediately”
Economy minister says letter will be prepared on his return from Eurogroup meeting IMF’s Lagarde throws weight behind a direct recapitalization of banking sector
Rajoy calls for “break in link between bank debt and sovereign debt”
Prime minister makes request at G20, government sources say Eurogroup likely to reject idea, according to EU sources
The “men in black” coming to Spain after bank rescue
IMF, Brussels and the ECB to oversee restructuring of country’s financial sector
A European Cold War?
The refusal of Greek voters to accept Brussels' austerity measures are in danger of creating two opposing blocs within the EU, led by Germany and France
Minister blames spike in Spain’s risk premium on Greece’s political problems
ECB to help with valuation of bank real estate assets De Guindos rules out need for restrictions on financial outflows
Brussels sees Spain failing to achieve deficit targets in 2012 and 2013
EC expects recession to extend into next year
Brussels hands Spain deficit reduction extension
Hollande’s anti-austerity rhetoric puts EU pact on front burner as growth summit announced for May 23
Bolivia pledges to compensate REE for seizure of Transportadora unit
Spanish firm says it respects sovereign decision if government adheres to international law Bolivian unit accounts for only 1.5 percent of Red Eléctrica’s revenues
Draghi lauds government’s austerity and reform drive
But ECB chief cool on reviving bond purchases
Brussels believes Spain should tap EU rescue fund to recapitalize its banks
Commission fears that restructuring underway will fall short Domestic funding options limited by Madrid's austerity drive
Brussels keeps close tabs on Spain's accounts
European Commission fearful of fresh euro crisis as risk premium widens
Regions will escape the pain of new cuts, says finance minister
Added five-billion trim will take place at central government level Montoro says administration will “give up on spending projects” to meet new targets
Brussels to give Spain some leeway in meeting deficit targets
Government fears 4.4 percent goal for 2012 would deepen the economic crisis