Telefónica seeking 850m euros in damages from Mexico
Spanish company claims decision to lower network-hiring fees unfairly penalizes its progress
Spanish company claims decision to lower network-hiring fees unfairly penalizes its progress
Auditors apply different yardsticks to lenders’ real estate exposure
Independent auditors release long-awaited reports on state of country's financial system “These figures are far less than the 100-billion-euro amount,” says Bank of Spain deputy governor Economy Minister will formally ask Brussels for rescue loan in the coming days
Miguel Ángel Fernández Ordóñez to leave position in June, a month ahead of end of mandate PP snubs demands for Congress inquiry into Bankia débâcle Top management of failed lender received payments of over 21 million euros last year
Group’s consolidated loss is the largest ever in Spanish banking history
Total rescue package of 23.5 billion euros by far the biggest in Spain S&P reduces Bankia, Banco Popular and Bankinter ratings to junk status
Project aims to increase receipts by taxing undeclared money at 10 percent Experts say it will only encourage people to avoid declaring income in 2011 or 2012
Treasury’s borrowing costs rise sharply in bond auction as risk premium remains high
Lenders will need coverage of up to 52 percent of value of loans to real estate developers Toxic assets to be removed from balance sheets and folded into separate companies Public funds will be available for institutions unable to meet new requirements
Government rules out state aid to liquidate toxic loans Bankia's problematic real estate assets stand at €31.8 billion
Bank tapped ECB for 35 billion euros in long-term funds
Top five salary earners made more than 62.7 million euros last year Pablo Isla, president of clothing group Inditex, was the nation’s biggest wage-earner
US government continuing to question Spanish companies that do business in Cuba
Galician-based giant takes over from H&M as the most profitable company in the rag trade
US Security and Exchange Commission writes to firm's president César Alierta with query over investments
“It’s a very different concept, but it’s definitely Zara,” says Inditex president
De Guindos says goal is "to get banking out of Spain's problems"