Orange and MasMovil sign $19 billion merger deal in SpainThe merger creates a heavyweight spanning mobile and broadband, posing a challenge to top player Telefonica and analysts say possibly openi...
23 Jul, 2022, 03.31 PM IST
Spain to borrow $267 billion amid pressureSpain plans to borrow €207.2 billion ($266.5 billion ) next year, the budget ministry said on Saturday, as pressure builds for prime minist...
01 Oct, 2012, 11.00 AM IST
Spain's hurting banks at heart of eurozone chaosSpain is under increasing pressure to find a quick way to save its troubled banking sector from collapse.
08 Jun, 2012, 12.08 PM IST
- Euro eases as debt fears linger
The euro fell against the dollar in Asia on Thursday as cautious investors took profits after the common currency's rise to a two-month hig...
20 Jan, 2011, 09.18 AM IST
- Spain faces first big debt test of 2011
In reaction to the Portuguese issue, the Madrid stock market's Ibex-35 index soared 5.42 per cent on Wednesday, powered by banking shares.
13 Jan, 2011, 03.48 PM IST
- Euro drifts lower in Asia as Spain auction looms
The euro eased in Asian trade after a successful debt auction by embattled Portugal soothed fears for the eurozone economy, dealers said, a...
13 Jan, 2011, 12.23 PM IST
- Pressure on Portugal heightens amid debt fears
Europe's debt crisis flared up once again Monday, as Portugal's borrowing rates briefly spiked to euro-era highs amid reports Germany and F...
10 Jan, 2011, 10.25 PM IST
- Spanish banks face $111-b funding hurdle in ’11
Spain's banks may struggle to refinance $111bn in debt next year as costs surge on concern continental Europe’s 4th-biggest economy may nee...
01 Dec, 2010, 05.41 AM IST
- Europe debt fears pile pressure on Spain, others
Spain & Italy bond yields rose on fears of smaller bailouts. The yields on Spain's 10-year bonds jumped to 5.7% while Italy's reached highe...
01 Dec, 2010, 01.11 AM IST
- Markets to issue verdict on stress tests on Monday
European bank stress tests will themselves be tested on Monday when investors return to markets in Europe and Asia with a verdict on an unp...
25 Jul, 2010, 01.32 PM IST
- Bank stress tests prove strength: EU
European Union "stress tests" on the bloc's banks prove that the EU financial sector is sound because just seven out of 91 lenders - five o...
24 Jul, 2010, 03.49 PM IST
- Spanish banks pass stress tests, five 'cajas' fail: Report
All eight major Spanish banks that underwent stress tests to see if they could cope with worsened economic conditions passed, but five of t...
23 Jul, 2010, 09.35 PM IST
- Several Spanish savings banks fail stress test
Several of Spain's 18 savings banks, including some of those which have been involved in recent mergers, have failed to pass tests to see h...
23 Jul, 2010, 12.06 PM IST
- IMF visit fuels speculation on Spain bailout despite denials
The head of the International Monetary Fund is to visit Spain amid reports Madrid is seeking a bailout while the government bit the bullet ...
17 Jun, 2010, 09.50 AM IST
- European banks can withstand European bond fall: Moody's
European banks are strong enough to withstand any sharp losses on their holdings of government debt issued by Greece, Portugal, Spain and I...
11 Jun, 2010, 01.49 PM IST
- Japan tops developed world's 'debt curse': Study
The developed world is suffering from a "debt curse," with the worst case -Japan- expected to take up to 2084 to bring its public debt down...
19 May, 2010, 03.52 PM IST
- Eurozone faces 2010 debt crisis
The eurozone's new year heralds a debt crisis that has alarm bells ringing and markets tracking government plans to tame the growing shortf...
03 Jan, 2010, 08.48 AM IST