Posted by Reuters: Business News on January 24, 2012
MADRID (Reuters) – Investors buoyed by a European Central Bank backstop flocked to a sale of Spanish short-term debt on Tuesday, buying three- and six-month paper at sharply lower yields that give a shot in the arm to the country’s deficit-reduction efforts.
Posted by Reuters: Business News on November 25, 2011
ROME/MADRID (Reuters) – Italy’s borrowing costs soared to their highest levels since Rome joined the euro on Friday, piling pressure on the newly installed government of Mario Monti at the end of a week in which the euro zone crisis tainted even safe haven Germany.
Posted by Reuters: Business News on November 17, 2011
MADRID/PARIS (Reuters) – Greek police clashed with anti-austerity protesters and Italy announced sweeping reforms in response to a European debt crisis that on Thursday pushed borrowing costs for France and Spain sharply higher.
Posted by Reuters: Business News on July 29, 2011
MADRID (Reuters) – Rating agency Moody’s put Spain on review for a possible downgrade on Friday, adding to concerns that a Greek rescue package has done little to halt the spread of Europe’s debt crisis.
Posted by Reuters: Business News on May 29, 2011
MADRID (Reuters) – Financial markets will remain skeptical that Spain can steer clear of the crisis until the country manages to finish its reform of the labor market, a senior European Central Bank policymaker said in an interview.
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.
Posted by Reuters: Business News on
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.
Posted by Reuters: Business News on March 10, 2011
MADRID (Reuters) – Moody’s downgraded Spain’s sovereign debt rating by one notch on Thursday and warned of further cuts to come due to fears that bank restructuring will cost more than twice what the…
Posted by Reuters: Business News on January 13, 2011
MADRID/FRANKFURT (Reuters) – Spain and Italy staged successful bond sales on Thursday, easing concerns about an escalation of euro zone debt strife and buying the bloc’s leaders more time to come up…
Posted by Reuters: Business News on June 10, 2010
MADRID/AMSTERDAM (Reuters) – Marathon negotiations to overhaul Spain’s rigid labor market collapsed on Thursday, raising the prospect of a tug-of-war between the government and trade unions in the troubled euro zone state.
