Spain Debt

Greek Opinion Polls and the U.S. GDP Figure

Richard Driver | Posted 05.29.2012

Read More: Greek Debt Crisis, Greek, Bankia, US GDP, Spain Debt Crisis, New Democracy, Spain Debt, World News
Richard Driver

Figures from the German, French and eurozone-wide services and manufacturing sectors almost all disappointed, suggesting that the eurozone's avoidance of economic contraction in Q1 will prove temporary.

Read Post

Sure, There's Greece... But What About Spain?

Yanis Varoufakis | Posted 05.17.2012

Read More: Eurozone Debt Crisis, Eurozone, Greece Economic Crisis, Greek Debt Crisis, Spain Debt, World News
Yanis Varoufakis

I shall concede all you want me to concede about my fellow Greeks on condition that you give me a plausible answer to a simple question: What on earth is Europe doing to Spain as part of this Grand Plan?

Read Post

Spain In Recession...Again

AP | CIARAN GILES | Posted 04.30.2012

Read More: European Debt Crisis, Video, Spanish-Recession, Spain Recession, Europe Crisis, Spain Debt, Eurozone Crisis, Business News, Spain Debt Crisis, Spanish Debt, Business News

MADRID — As their losses from mortgages grow, Spanish banks have begun discussions about creating a separate entity – a "bad bank" –...

Read Whole Story

Sex Workers Punishing Banks By Not Sleeping With Employees

Posted 03.26.2012

Read More: Spanish Banking Sector, S&P Spain Banks, European Debt Crisis, Spanish Sex Workers, Spain Economic Crisis, Video, Spain Banks, Spain Debt, Spain Economy, Business News, Spain, Spain Debt Crisis, Business News

The key to getting banks to do what you want may be as simple as adopting a strategy that women's magazines have been advocating for years: withholdin...

Read Whole Story

Spain and the Blame Game

Carles Boix | Posted 04.24.2012

Read More: Spain Europe Economy, Eurozone Debt, Barcelona Economy, Spain Debt, Spain Euro, Spanish Debt Catalonia, Catalonia Economy, World News
Carles Boix

As Spain confronts the reality of its economic woes, it's becoming increasingly difficult to separate economic fact from political fiction. Yet, while some Spanish regions have overspent their means, in the case of Catalonia (capital: Barcelona) this is far from the truth.

Read Post

Spain Nears Second Recession In Three Years

AP | By CIARAN GILES | Posted 01.30.2012

Read More: European Debt Crisis, Video, Spanish-Economy, Spain Debt, Business News, Eurozone Debt Crisis, Spain Unemployment, Euro Crisis, Spain-Recession, Spanish Economy q4 2011, Business News

MADRID -- Spain's economy contracted by 0.3 percent during the fourth quarter, according to official figures released Wednesday, edging the country cl...

Read Whole Story

Bonnie Kavoussi

Borrowing Costs For Spain Rise, As European Crisis Grows

HuffingtonPost.com | Bonnie Kavoussi | Posted 11.18.2011

Read More: European Debt Crisis, Video, European Economy, Spanish Debt Crisis, Europe Crisis, Spain Debt, Economy, Spain, Spain Debt Crisis, Europe, Business News

As the eurozone crisis drags on, calls are growing louder for a big bailout from the European Central Bank. Yet the fate of the euro -- and possibly t...

Read Whole Story

It's a Bad Time to Have a Home in Spain

Maryem Castillo | Posted 01.08.2012

Read More: Spain Housing Crisis, Spain Debt, Spain Mortgage, Spain, Spain Evictions, Los Indignados, UAM-El Pais, Spain Housing, Spain Unemployment, World News
Maryem Castillo

Under Spanish law, turning over your property to the bank doesn't cancel the debt if the property is sold for less than the outstanding mortgage.

Read Post

Europe Tackles Soaring Interest Rates In Spain, Italy

AP | DAVID McHUGH and GABRIELE STEINHAUSER | Posted 10.08.2011

Read More: Ecb Interest Rates, Greece Debt, European Debt Crisis, European Crisis, Economy Europe, Greece Domino Effect, Spain Debt, Sovereign Debt Crisis, Italy Debt, Business News

FRANKFURT, Germany — The European Central Bank pulled Italy and Spain back from immediate financial disaster on Monday, driving down the countri...

Read Whole Story

Moody's Puts Spain On Review For Possible Credit Downgrade

Posted 09.28.2011

Read More: 2008 Financial Crisis, Spain Debt, Great Recession, Credit Rating Agencies, European Union, Spain Debt Crisis, Greek Debt Crisis, Europe, Sovereign Debt Crisis, Moody's, Euro, Video, Business News

MADRID (Sonya Dowsett and Elisabeth O'Leary) - Rating agency Moody's put Spain on review for a possible downgrade on Friday, adding to concerns th...

Read Whole Story

Spanish Mortgage Defaulters Face Debt Nightmare

AP | DANIEL WOOLLS | Posted 09.09.2011

Read More: Spain Eviction, Europe Recession, Spain Debt, Inma Rodriguez, Unemployment Crisis, Mortgage Crisis, Spain Mortgage, Europe Unemployment, Spain Unemployment, Mortgage Default, Housing Crisis, Housing Bubble, Business News

ALCALA DE HENARES, Spain -- Inma Rodriguez lost her job, and now that she's defaulted on her mortgage, she's about to lose her home. But the nightmare...

Read Whole Story

Spain leads the PIGS to IMF Debtor's Trough

Eric Ehrmann | Posted 08.16.2011

Read More: Debt Spain, Spain Debt Woes, Spain Unemployment, Spain Debt, Spain in Debt, Nicholas Sakozy, Italy, Greece Spain, George Soros, Jose Zapatero, Augustin Carstens, Imf, Portugal, World News
Eric Ehrmann

Spain was dancing in the streets after winning the World Cup last year. Now, thanks to the Euro-zone economic crisis, crowds are protesting 21 percent unemployment, food price inflation and a shrinking middle class.

Read Post

Spain's Troubles Are Tied to Eurozone Policies

Mark Weisbrot | Posted 05.25.2011

Read More: Imf, Eurozone, Germany, Ecb, Spain, Spain Debt Crisis, German Economy, Spain Exports, Spain Debt, Spain Economy, German Exports, European Union, Spain Trade, Spain Euro, Euro, World News
Mark Weisbrot

It has become fashionable since Spain's economy began to decline to make comparisons to Germany, which is rebounding strongly. This story does not fit the economic facts very well.

Read Post

Spain Approves New Austerity Measures, Limited Stimulus

AP | ALAN CLENDENNING | Posted 05.25.2011

Read More: Spain Austerity, Spain Debt, Spain Austerity Measures, Spain Economic Crisis, Spain, World News

MADRID — The Spanish government approved new austerity measures and a limited economic stimulus package to ease investor fears about its debt &n...

Read Whole Story

Nouriel Roubini Warns Of A Domino Debt Collapse In Europe

CNBC | Posted 05.25.2011

Read More: Ireland Bailout, Nouriel Roubini Wall Street Movie, Roubini Europe, Nouriel Roubini, Portgual, Greece, Spain Debt, EU Bailout, Ireland, RGE Monitor, Spain, Ireland Debt Crisis, Business News

But the nub of the crisis is this: "We have decided to socialize the private losses of the banking system. Now you have a huge increase in public debt...

Read Whole Story

EU Debt Crisis Is 'Systemic,' According To Official's Warning

Posted 05.25.2011

Read More: Ireland Bailout, Eurozone, Greece, Jose Manuel Barroso, Spain Debt, Portugal Debt Crisis, European Union, Spain, EU Debt Crisis, Eu, Portugal, EU Summitt, Business News

BRUSSELS/BERLIN (By Jan Strupczewski and Erik Kirschbaum): European Union leaders will be warned on Thursday that a rolling debt crisis poses a syste...

Read Whole Story

Irish and Greek Defaults Will Reshape Europe

Jeffrey Rubin | Posted 05.25.2011

Read More: UK, Banking Crisis, Germany, Bailout, Euro, Greece, Portugal Debt, Spain Debt, Ireland Bailout, Business News
Jeffrey Rubin

Clumping fiscally wayward economies with much lower per-capita incomes, like Portugal, Spain, Ireland and Greece, into a common currency union with Northern Europe is not sustainable.

Read Post

Spain's Banks Seen As Weak Link In Debt Crisis

Posted 05.25.2011

Read More: European Debt Crisis, European Banks, EU Value, Spain Banks, Spain Debt, Euro Debt Crisis, Spain Cajas, Italy, Caja Madrid, Portugal, Business News

Mounting bad loans, competition for funds and exposure to wobbly Portugal make Spain's banks a potential liability as the country fights to avoid an I...

Read Whole Story

European Debt Crisis Escalates: Will Spain Be The Next To Fall?

Washington Post | Anthony Faiola | Posted 05.25.2011

Read More: Spain Bailout, Ireland Debt Crisis, Ireland Financial Crisis, Spain Debt, Ireland, Spain, Ireland Crisis, Spanish Debt, World News

The debt crisis in Europe escalated sharply Friday as investors dumped Spanish and Portuguese bonds in panicked selling, substantially heightening the...

Read Whole Story

EU Denies Pushing Portugal Towards A Bailout

Posted 05.25.2011

Read More: Ireland Bailout, Jose Manuel Barroso, Spain Debt, Angela Merkel, Portugal Bailout, EU Debt Crisis, Eu, Wolfgang Schaeuble, European Central Bank, Klaus Regling, Nicolas Sarkozy, Business News

BERLIN/LISBON: European officials denied "absolutely false" reports Portugal was under pressure to seek a bailout and Spain ruled out on Friday needin...

Read Whole Story

Merkel: EU Bailout Fund would halt speculators

AP | AOIFE WHITE | Posted 05.25.2011

Read More: Jean-Claude-Juncker, Germany, Portugal Debt, Greece, Spain Debt, Greece Debt Crisis, Angela Merkel, Greece Debt, European Union, Euro Debt, Eu, Italy Debt, Business News

BRUSSELS — European officials urged the U.S. to join in a crackdown on speculators who bet against Europe's currency union, warning they might b...

Read Whole Story

Greek Debt Crisis: Why It Could Be A Good Thing For Europe

Reuters | Brian Love | Posted 05.25.2011

Read More: Portugal Debt, Spain Debt, Ireland Debt, Greece Debt, Pensions, Greek Debt Crisis, Europe, Euro Debt, Health Care, Piigs, Business News

PARIS (Reuters) - Greece's debt crisis may end up helping Europe in the long run if it pressures governments to start addressing the potentially colos...

Read Whole Story

European Union's Cutbacks For Indebted Countries Feed Worries Of A "Second Great Depression"

AP | SHAWN POGATCHNIK and PAN PYLAS | Posted 05.25.2011

Read More: Greece, Greece Debt, Greece Debt Crisis, Sovereign Debt Crisis, Portugal Debt, Spain Debt, Ireland-Debt, Italy Debt, Euro Debt, European Union, Economic Stimulus Package, International Monetary Fund, Simon Johnson, Business News

DUBLIN — To keep its debt crisis from mushrooming out of control, the European Union is imposing harsh cutbacks on millions of ordinary people i...

Read Whole Story

George Soros: The euro will face bigger tests than Greece

ft.com | George Soros | Posted 05.25.2011

Read More: George Soros, Portugal Debt, Greece, Spain Debt, Ireland Debt, Greece Debt, European Union, Europe, European Central Bank, Sovereign Debt Crisis, Euro, Italy Debt, Business News

The construction of the Euro, George Soros writes, "is patently flawed. A fully fledged currency requires both a central bank and a Treasury. The Trea...

Read Whole Story

Greek Stocks Down 3.9% In 'A Wholesale Selling Off Of The Country'

wsj.com | ALKMAN GRANITSAS | Posted 05.25.2011

Read More: Sovereign Debt, Global Economy, Portugal Debt, Greece, Spain Debt, Greece Debt, Financial Crisis, Greece Economy, Euro Debt, Sovereign Debt Crisis, Athens Stock Exchange, Business News

The Athens Stock Exchange's general index closed 3.9% lower at 1806.40 on relatively heavy turnover, while major markets firmed. Investors also demand...

Read Whole Story