
Spain facing compensation bill of billions over renewables cuts
Government suffers first setback as arbitration court says it is competent to judge claims

Government suffers first setback as arbitration court says it is competent to judge claims

Repurchasing of debt, tax problems and directors’ bonuses to blame for balance sheet

Law allowing Spaniards to assign 0.7% of tax payment to Vatican discriminatory, they argue

International body tells the government to make more reforms to bolster the recovery
An OECD application lets you compare your income levels with those of the rest of the population

Airline makes up for decline in Spain with strong growth in first four months of year

AENA’s stock exchange debut has forced it to become more transparent in its accounts

Repsol faces highest cost after watchdog finds evidence of unfair trade practices

Advisor to former CEO Alfredo Sáenz made $917,000 in profits, yet was acquitted in Spain

Stock falls 10% after raising €7.5 billion at discount price; move will fuel organic growth

Friendly takeover bid depends on willingness of majority of operator’s shareholders to sell

The Santander chairman held an informal dinner with journalists in Italy on Friday night

Ángel Gurría describes country as the “best example of how reforms can work”

Spanish firm’s consortium partners will not take part in initial offshore exploration work

Social network following in footsteps of other tech firms that use legal tax-reduction schemes

Homeowners who returned keys to bank and victims of preferential share scam also to benefit

New estimate is 35 percent higher than economy minister’s original forecast

Telefónica has reported losing some €4.3 billion from successive bolivar rate drops

Profit growth of Zara brand owner is slowed down by currency depreciation
After seven years of crisis, high unemployment is finally affecting home loans

Lagarde calls for further labor reforms and indirect taxes to reduce deficit
Complaint lodged with World Bank arbitration body
CNMC says the mechanism is complicated and could lead to greater fluctuation in bills
Five-billion-dollar package will be in dollar-denominated bonds from the Argentinean government

Adif and Renfe to bid for new north-south project in Saudi Arabia
Emirate joins other international investors crying foul over bid to reduce clean-power premiums

Economy Minister António Pires de Lima says the program will be exited with a growing economy