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Madrid (Spain)

A collection of news and information related to Madrid (Spain) published by this site and its partners.

Top Madrid (Spain) Articles

Displaying items 100-110
  • Spain's borrowing costs rise, stocks sink following bank rescue

     
    MADRID -- Spain's borrowing costs flirted with record highs Monday and stock prices sank on the first trading day since Madrid agreed to give $24 billion of taxpayers' money to rescue its largest real estate lender. The country's prime minister vigorously...
  • Spain seeks assistance for ailing banks

     
    Spain declared its intent Saturday to ask for European aid to recapitalize its troubled banks....
  • Spain's banks need up to $78 billion, auditors say

     
    Spanish banks need as much as $78 billion to survive a worst-case scenario in which house prices fall 60 % from their peak, auditors said Thursday. Spain's European partners have offered it a loan of as much as $125 billion to rescue its troubled banks,...
  • Spain formally files for European bailout; details are a mystery

     
    Spain filed its formal request Monday for a European bailout, but postponed announcing an exact dollar figure and many other details until after what could be a contentious summit of the continent's leaders later this week....
  • Spain's leader warns nation may not be able to borrow much longer

     
    Paying ever-higher rates to borrow money, Spain may not be able to finance itself much longer through debt, the country's prime minister warned Wednesday. It was the clearest indication yet that his country may need an even bigger rescue than a European...
  • Spain bank bailout may be near

     
    Spain appears to be close to asking for an international bailout of its flagging baking sector. Some reports say the request could come as early as this weekend....
  • Spain offered up to 100 billion euros to stabilize banks

     
    MADRID -- Finance ministers of countries that use the common European currency on Saturday offered Spain a lifeline of up to 100 billion euros to stabilize its banks. Spain announced after a three-hour video conference call that it would become the fourth...
  • Spain celebrates as number of jobless claims falls

     
    After an all-night party to fete their national soccer team, Spaniards who managed a few winks of sleep woke up Tuesday to even more good news: the biggest summertime jobs rally in 16 years. Nearly 100,000 fewer Spaniards filed for jobless claims in June,...
  • Spain's high court launches probe into Bankia failure

     
    Spain's high court opened a criminal fraud investigation Wednesday into the conduct of 33 current and former executives at Bankia, the conglomerate of Spanish savings banks whose spectacular failure forced Madrid to request a European bailout....
  • Eurozone officials finalize terms of Spain bank bailout

     
    Finance ministers from the Eurozone on Friday finalized the terms of a massive bailout package for Spain's ailing banking system. Rescue loans worth up to $122 billion will be made available to Spain's banks, which have been hit hard by the country's...
  • Spain's borrowing cost hits record; worries grow over Greece

     
    Europe’s long-running debt crisis flared sharply as Spain’s borrowing rates jumped to another record high and worries grew over Greece’s ability to keep on qualifying for the emergency loans it desperately needs to stay afloat....