MADRID, Feb 26 (Reuters) – Four mid-sized Spanish lenders are poised to transfer soured property assets to a government-backed “bad bank”, which on Tuesday issued just over 14 billion euros ($ 18.5…
The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
The financial pain in Spain drove down global stock markets Monday as doubts flared anew about whether euro-zone nations would be able to solve their 21 / 2-year-old debt and currency crisis. Groaning under an austerity program that has pushed … Continue reading
U.S. and European stocks fell Friday and the euro hit record lows after Spain’s heavily indebted Valencia region asked for financial aid, increasing investor fears that the Spanish government will seek a full-blown bailout. Read full article >>
European nations have made concessions in recent weeks to boost confidence in an upcoming rescue of the Spanish banking system, and the country’s politicians have forged ahead with plans to control government deficits. Read full article >>
LUXEMBOURG, June 21 (Reuters) – Euro zone finance ministers and officials met on Thursday to discuss a bailout for Spanish banks and the way ahead for Greece’s emergency lending programme.
MADRID/ATHENS (Reuters) – Spain paid a euro era record price to sell short-term debt on Tuesday, pushing it closer to becoming the biggest euro zone country to be shut out of credit markets.
BRUSSELS (Reuters) – A bailout for Spain’s teetering banks, once requested by Madrid, could amount to as much as 100 billion euros, two senior EU sources told Reuters on Saturday.
TOKYO (Reuters) – Asian shares hit one-week highs on Thursday, and commodity prices and the euro firmed, on signs that Europe was dealing urgently with Spain’s banking crisis and that the United States could embark on fresh monetary stimulus.
U.S. and European officials, who just weeks ago seemed to be getting a handle on the euro zone’s financial crisis, are now scrambling to prevent a new round of problems from pulling down some of Europe’s largest economies. Read full … Continue reading