Posted by Reuters: Business News on January 19, 2012
MADRID (Reuters) – Spain passed its biggest test of market sentiment so far this year on Thursday, selling far more longer-term debt than expected as the government pressed ahead with efforts to tackle its problems with the help of a European Central Bank backstop.
Posted by Reuters: Business News on January 12, 2012
MADRID (Reuters) – Spain and Italy spread cheer through euro zone markets on Thursday with successful debt auctions at sharply lower borrowing costs in 2012′s first real test of appetite for debt from the euro zone’s bruised periphery.
Posted by Reuters: Business News on December 30, 2011
MADRID (Reuters) – Spain’s new government said on Friday that this year’s budget deficit would be much larger than expected and announced a slew of surprise tax hikes and wage freezes that could drag the country back to the centre of the euro zone debt crisis.
Posted by Reuters: Business News on
MADRID (Reuters) – Spain’s newly-elected government said on Friday it would cut public spending by 8.9 billion euros ($11.49 billion) in 2012 for all ministries as part of an austerity drive to bring public finances back under control.
Posted by Reuters: Business News on
MADRID (Reuters) – Spain’s centre-right government will announce billions of euros in savings measures on Friday, using its first decrees since sweeping to power at November elections to give the nation a foretaste of tougher austerity to come.
Posted by Reuters: Business News on December 15, 2011
MADRID (Reuters) – Spain saw solid demand for its bonds on Thursday, paying more than 2 percentage points less to borrow over 5-years than Italy a day earlier as budget cuts helped ease concerns it could be among the next to fall in the euro zone’s debt crisis.
Posted by Reuters: Business News on November 21, 2011
MADRID/ATHENS (Reuters) – Spain’s newly-elected leadership must act fast to shore up investor confidence, analysts say, after the Socialist government became the fifth in the euro zone to be toppled by the debt crisis.
Posted by Reuters: Business News on August 4, 2011
FRANKFURT/MADRID (Reuters) – Spain plans to auction up to 3.5 billion euros ($5 billion) of bonds on Thursday as the European Central Bank meets on policy, with investors hoping the ECB will signal a more aggressive approach to fighting the euro zone’s debt crisis.
Posted by Reuters: Business News on May 6, 2011
MADRID (Reuters) – Spain’s economic recovery remained fragile at the start of the year, despite a pick up in exports and more people coming to its beaches, and doubts persist over the country’s ability to grow fast enough to reduce its debt burden.
Posted by Reuters: Business News on April 20, 2011
LISBON/MADRID (Reuters) – Spain will sell up to 3.5 billion euros in bonds on Wednesday in an auction that should give clues on whether it can avoid the bailout contagion that has engulfed the much smaller economies of Greece, Ireland and Portugal.
