
Bank of Spain warns of tough post-Covid economic legacy for youths
Central lender says the pandemic has intensified existing problems with job market imbalances, quality of education, access to affordable housing and more

Central lender says the pandemic has intensified existing problems with job market imbalances, quality of education, access to affordable housing and more

The move, described as “savage” by the unions, would also close 1,534 branches following the lender’s merger with Bankia

The tie-ups and acquisitions taking place in Spain since 2009 are unmatched elsewhere in Europe

EL PAÍS is publishing a series of interviews with the leaders of Spain’s biggest companies regarding the coronavirus crisis. The fifth installment is with the president of Spanish bank Bankia, who believes the pandemic will exacerbate ideological differences

EL PAÍS is conducting a series of interviews with the leaders of Spain’s biggest companies, who describe their experience of the coronavirus health crisis and confinement, offer a diagnosis of the economic outlook, and propose measures to take the country into recovery. Antonio Huertas is the chairman of Spain’s leading insurance company, Mapfre, which is also present in 48 other countries.

The second-largest bank will be probed for bribery, disclosure of secrets and corruption as part of wider court proceedings against retired police chief José Manuel Villarejo

Small businesses are having trouble implementing the new rules, which force all companies, regardless of size, to keep track of worker schedules

BBVA is alleged to have hired retired police chief José Manuel Villarejo to carry out industrial espionage in order to fend off an unwanted shareholder

The decision heralds a potential flood of legal claims from borrowers who paid the AJD fee

The global repercussion of the Catalan crisis has alarmed international companies, pushing them to move their legal headquarters

Autopsy confirms suicide of former Caja Madrid chief, who was found dead on Wednesday

Investors who lost everything in the Santander takeover may be the next big thing for law firms

Country seventh biggest recipient of funds from Asian nation in Europe, receiving €1.7 billion

But court unlikely to exempt senior Caja Madrid officials, among them former IMF boss Rodrigo Rato

Spain’s High Court finds Rodrigo Rato and 64 other bank officials guilty of misappropriation of funds

Three executives said they would step down just hours after being called in for questioning by judge

Governor says time has come for “an overall view” of its actions between 2008 and 2012

Report finds former politician Rodrigo Rato used a network of companies to avoid paying dues

Bank has set up “express repayment process” it says is in its best interests and those of customers

Banks will have to inform clients of these conditions, if they have them, and of the refund process

New report says full amount may still climb higher, and confirms that a large chunk is unrecoverable

Supreme Court ruling opens door to claim back some costs associated with taking out a home loan

Rodrigo Rato and 64 other defendants are accused of misusing millions of euros from the failed lender

Authorities acted too late in response to collapse of banking system, say experts

The decision comes less than a week after Spain’s six major lenders easily passed EU stress tests

Bankia, BBVA, Santander, CaixaBank, Popular and Sabadell will receive good grades when results are released on Friday

Despite frantic calls and letters from banking firms in Spain, small balances and in some cases huge sums are likely to be passed on to the taxman