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Channel NewsAsia
| 11 months ago
The IMF warned Friday that Spain must implement comprehensive reforms to win back market confidence even after securing a huge rescue loan for its stricken banks. In a hard-hitting report less than a week after the eurozone agreed on a banking rescue...
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AP Online
| 11 months ago
Spain should raise taxes and cut government workers' pay to narrow its budget deficit, the International Monetary Fund said Friday.
The international lending group said Spain's deficit is likely to exceed estimates and the government...
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Typically Spanish
| 11 months ago
Some PP deputies have called for Almunia's resignation claiming he is following Socialist policies and instruction. The Spanish Prime Minister, Mariano Rajoy, met in the Moncloa this morning with the Deputy President of the European Commission,...
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Sydney Morning Herald
| 11 months ago
Story continues below Italy's 10-year yield fell nine basis points to 6.13 per cent, after advancing to 6.34 per cent, the highest level since Jan. 20. The nation sold 3 billion euros of three-year notes at an average yield of 5.30 per cent, up from...
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United Press International
| 11 months ago
Prime ministers in Spain and Italy defended their financial strategies Wednesday with each calling on Europe to do more to end the financial crisis. Spanish Prime Minister Mariano Rajoy told members of Parliament he was waging a war to defend the...
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The Economic Times
| 11 months ago
Spain's Prime Minister Mariano Rajoy went on the offensive in parliament on Wednesday, calling for greater European fiscal and banking integration in a battle to save the country and the wider 17-country eurozone. Rajoy lambasted the Socialist...
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Miami Herald
| 11 months ago
Spanish Prime Minister Mariano Rajoy defended his government's attempts to shore up the country's hurting financial sector, saying the nation's banks wouldn't be in such terrible shape if politicians had dealt with the problem three years ago after...
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AP Online
| 11 months ago
Spanish Prime Minister Mariano Rajoy defended his government's attempts to shore up the country's hurting financial sector, saying the nation's banks wouldn't be in such terrible shape if politicians had dealt with the problem three years ago after...
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The Economic Times
| 11 months ago
Spain's government insisted on Wednesday that a vast eurozone rescue loan for its banks comes with no new strings related to austerity or broader economic reforms. Facing parliamentary questions over the loan of up 100 billion euros ($125 billion) to...
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The Economic Times
| 11 months ago
Spain's embattled Prime Minister Mariano Rajoy said Wednesday the nation had no choice but to seek a vast eurozone rescue loan for stricken banks because it could not raise the cash alone. The conservative leader, who faced ridicule in parliament for...
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MarketWatch
| 11 months ago
Spanish Prime Minister Mariano Rajoy urged European leaders to take immediate action to counter rising volatility hitting European markets, asking the European Central Bank to take measures to ensure financial stability. The only institution that has...
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Typically Spanish
| 11 months ago
The Prime Minister had to give some opinions over the Euro bail-out for the banks. Speaking at the Control Session in Congress this (Wednesday) morning, the Spanish Prime Minister, Mariano Rajoy has said, The credit is for the bank and the bank is...
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The Courier-Mail
| 11 months ago
Spanish Prime Minister Mariano Rajoy overnight to demand that Parliament probe Bankia, which is at the heart of Spain's banking crisis. "The economy and the financial sector are in the intensive care unit and meanwhile this scandal is not treated...
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Guardian Unlimited
| 11 months ago
Spanish prime minister Mariano Rajoy 'refused to use the word bailout or any other word for that matter and referred mysteriously to what happened on Saturday.' Photograph: Denis Doyle/Getty Images More and more people in Spain say they fear our...
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Typically Spanish
| 11 months ago
The package is far different from what Mariano Rajoy sold to the public at the weekend. The shine is rapidly coming off Spain's bank rescue plan as investors doubt the effectiveness and with the Risk Premium between Spanish and German ten year bonds...
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Zawya Market News
| 11 months ago
UAE is far more immune from a direct impact of Euro zone financial problems as the country's banks are only moderately exposed to Europe. UAE's aggregate banking system has adequate liquidity and capital buffers to withstand substantial shocks.
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Arab News
| 11 months ago
The European Union-funded rescue plan for Spain's debt-laden banks raises as many questions as it answers and could therefore leave the euro vulnerable. Sellers of euros are already said to be clustering in the $ 1.2650-80 area, looking for a re-test...
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The Economic Times
| 11 months ago
Stocks and the euro fell on Monday as investors worried about details of a $125 billion deal to shore up Spain's banks, prompting traders to cash in hefty gains triggered by the widely expected deal. Wall Street traded lower after closing its best...
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The Independent
| 11 months ago
News in pictures Suggested Topics The dramatic 100bn (£81bn) bailout for Spain's struggling banks was under immediate pressure yesterday as sceptical bond markets turned on Madrid and the European Central Bank urged more action on clearing up...
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The Globe & Mail
| 11 months ago
Spain's Prime Minister Mariano Rajoy reacts during a press conference at the Moncloa Palace, in Madrid, Sunday, June 10, 2012. Spain became the fourth and largest country to ask Europe to rescue its failing banks, a bailout of up to 100 billion euros...
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The Age
| 11 months ago
Gareth Hutchens June 12, 2012 Read later THE dollar hit its highest level in nearly four weeks yesterday, briefly breaking through parity with the US dollar, after Spain's leaders asked for up to 100 billion ($A126 billion) in emergency funding on...
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Kuwait Times
| 11 months ago
Relief about a rescue package worth up to $125 billion for Spanish banks started to wear off yesterday and the rally in financial markets faltered as investors worried about the details of the deal. Stocks, including those of Spanish banks, were...
