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Spanish department store El Corte Ingles economic problems
The famous Spanish department store chain El Corte Ingles considering selling corporate bonds to improve their finances. . According to the Spanish newspaper El Confidencial decision is not yet made,...
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Spanish banks are not lending money or property mortgate
The Spanish banking sector is noted in the first half increased gain of 67 percent, while lending fell by a further 7.3 percent. . The Spanish banks’ results between January and June are just over 5.3...
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Province of Malaga economists see light in the tunnel
Malaga economists are beginning to see the light in the tunnel. Many figures suggest that an economic turnaround is imminent. . The number of unemployed has decreased by 2,095 persons over the...
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Spain has sold Banco Catalunya with a 12 billion euros loss
The Spanish government gave billions of Euros into the ailing bank – now it has been sold for peanuts. The Spanish taxpayers have been more than 12 billion Euros poorer by one of Northern Spain’s...
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Bail for black credit cards on Caja Madrid and Bankia Spain
The two former chairmen of the Caja Madrid bank Bankia, Miguel Blesa and Rodrigo Rato obliged to pay a bail of 19 and 3 million Euros, the scandal of the board members’ black credit cards in banks Caja...
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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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Spanish leading judges require resources to fight corruption
Spain leading judge calls for comprehensive reforms to better combat the widespread corruption in Spain among entrepreneurs and especially among politicians. Representatives of the Spanish judges have...
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Previously Andalucia presidents Grinan and Chaves to hearing
The two previous regional presidents in Andalucia, Jose Antonio Grinan and Manuel Chaves (PSOE) called in for questioning on suspicion of involvement in the extensive ERE scandal. Still have not Grinan...
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Four party candidates to victory in Spanish national election
It is almost a dead heat between no less than four parties, before the in autumn. The latest poll, published by the newspaper El Pais, shows that nearly three percentage points separates the top four...
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Spanish bank helps leaves large hole in the Spanish Treasury
The Spanish central bank proves that only a fraction of the support to the ailing banking sector repaid. The total aid to banks in Spain amounted to nearly 61.5 billion Euros. Of these funds have...
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