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Tag Results for "Spanish Banks"

Economy Minister says Spain to See Renewed Investor Confidence in 2013

Foreign investors will regain their confidence in Spain this year, while the country's nationalized banks will start repaying the funds they received, Spanish Economy Minister Luis de Guindos said in an interview with Efe. continue reading »

Spain Tries to Stop Mortgage Foreclosures in Light of Recent Suicides

Spain's government said Friday, hours after a woman about to be evicted from her home in the northern town of Barakaldo committed suicide, that it is working urgently to bring a halt to mortgage foreclosures. continue reading »

Audit Shows Spanish Banks Need $76 Billion, Banks Only Asking For $40 Billion Bailout

Spain's troubled banks need roughly 59.3 billion euros ($76.3 billion) to shore up their finances, according to the results of an independent audit released Friday. continue reading »

Much Uncertainty About Spanish Bailout

The Spanish stock market rallied Monday on news that the European Union will lend Madrid up to 100 billion euros ($125.2 billion) to shore up the Iberian nation's troubled financial sector continue reading »