Economy Minister rules out need to further tap bailout
Government says Treasury has ready access to funding markets Germany expresses regret over leftover finance
EU chooses Spain to start shutting down austerity policy
France and Italy add support to greater flexibility on budget deficits and new focus on reforms
Brussels to give Spain two more years on deficit as austerity loses its shine
Bank bailout pushed up shortfall to EU-topping 10.6 percent of GDP Minister predicts economy could contract by 1.5 percent in 2013 Portugal also looking for some leeway on target
Brussels sees risk of Spanish recession continuing into 2014
Commission says reform agenda incomplete Rajoy promises more economic changes but asks Europe for stronger support in exchange for austerity
Spain wants Brussels to ease 2013 deficit target to six percent
Popular Party government soon to revise economic forecast to GDP contraction of one percent
Cyprus crisis could spread, Spain's economy minister warns
De Guindos says inaction will create “undesirable situation” for whole of EU
Brussels probes “soccer bubble”
The EC suspects public aid to Spanish clubs may violate competition rules
Brussels says Spain has room to raise VAT further
In its report card on Madrid’s compliance with the terms of the bailout for Spanish banks, the European Commission urges stricter control of regional finances
Brussels threatens Madrid with action over regulatory mergers
Spanish government claim that joining sector watchdogs will save money unsubstantiated, EC argues
Spaniards losing faith in political class, warns Brussels
European Commission report highlights country’s slew of high-profile corruption cases
Brussels fines Telefónica and Portugal Telecom for non-competition pact
Spanish telecoms giant to appeal 66.9-million euro penalty
EC wants rules imposed on ‘cajas’ controlling banks
Foundations must have reserve funds to back up commercial units in case of financial difficulties
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
_
_