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Spain OECD economy forecast to two dark years.
OECD presents new gloomy report for Europe and Spain economy. The OECD shows a new cold shower in a dark economic forecast for both the EU and especially Spain. According to the international...
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Spanish banking sector worries Swedish Finance Minister Anders Borg
Swedish Finance Minister Anders Borg sees the Spanish banking sector as the biggest threat to Spain’s economic recovery. . News agency Reuters quotes Anders Borg, who, during a performance of the...
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Crisis Bankia Bank paid 20 million euro severance payments
Shareholders’ Association to make losses in the Spanish bank Bankia bank shares, while two managers in Bankia get 20 million Euros in severance payments. The Spanish government is under intense...
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Spain and Spanish Banks are is in a dismal economic spiral
Situation is becoming increasingly critical for Europe’s fifth largest economy, Spain. New figures show that the money continues to flow out of Spain troubled banks. That in turn means that they get...
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Unclear when Spain will seek ECB economic emergency help
The Spanish Prime Minister Mariano Rajoy going to wait to seek any relief from the ECB (European Central Bank) until the terms of this appears clearly. . Spain Prime Minister Mariano Rajoy has said...
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Spain very close asking ECB (European Central Bank) Economic help
Brussels believes that Spain’s request for help is “very close”. According to news agency EFE reported sources that Spain will ask for financial support to enable the ECB (European Central Bank) and...
View ArticleSpanish airline Iberia forebodes and expands at the same time
Spanish airline Iberia forebode off 4.500 employees for termination, while they want to take over the Spanish low budget airline Vueling. . Two major steps have been presented by the management of the...
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Spanish banks steal your money in fees
Too high fees on almost anything. Samples tying the hands and feet, so it is harder to switch banks in Spain, and 18 Euro penalty if the account goes in the red with just 2 Euros. And then interest...
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Spain debt ceiling for year 2013 has already been reached
The Spanish national bank, Banco de Espana, recently stated that the Spain debt as early as the first half reached the Spanish government’s target for the whole year. . The total liability of all...
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Spanish banks are breastfed according to European Central Bank
The Spanish banking sector more than meets the latest stress test, carried out by the European Central Bank ECB. The consolidation of the Spanish banking sector appears to have worked. In the last...
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