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2012/05/26 02:36

30m

Spain's Bankia asks for $24B in state aid

MADRID (AP) -- Spain's troubled bank, Bankia, has asked the Spanish government for (euro) 19 billion ($23.8 billion) in financial support just as a leading credit rating agency downgraded it to junk...

2012/05/26 02:36

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2012/05/26 02:36

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2012/05/25 20:29

6h

Bankia asks for €19bn from Spain's taxpayers

Yields on 10-year Spanish government debt jumped 15 basis points to 6.26pc and Madrid's Ibex stock index fell 0.6pc while most global stock markets trod water. As investors once again sought safety,...

2012/05/24 07:27

1d

France's Hollande Makes Bold Debut on EU Summit S...

At his first meeting of EU leaders, with the hotly contested issue of shared euro-zone debt top of his discussion list, France's new president made it clear on Wednesday that he intends to stand up to...

2012/05/23 13:41

2d

Premier: Spain urgently needs financing, liquidity

French President Francois Hollande, left, shakes hands with Spain's Prime Minister Mariano Rajoy prior to their meeting at the Elysee Palace, Paris, Wednesday, May 23, 2012. Photo: Jacques Brinon /...

2012/05/23 04:20

2d

European Commission: Google Rigs Online Ads

European Commission Vice President Joaquin Almunia, as part of his regular public statement this morning, warned that Google may be responsible for at least four classes of antitrust violations. In...

2012/05/22 00:42

4d

Spain says urgent measures needed for financial s...

MADRID (Reuters) - Spain's Prime Minister Mariano Rajoy said on Monday that urgent solutions were needed to guarantee financial stability in Europe rather than drawn-out debates on instruments that...

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2012/05/21 03:06

5d

Spain to pick bank audit firms

Spain to pick bank audit firmsUpdated: 11:14, Monday May 21, 2012 Spain will pick two independent auditing firms to look at how deeply the country's banks are exposed to the collapsed real estate...

2012/05/20 06:14

5d

Spanish banks 'don't need' rescue

Spanish banks 'don't need' rescueUpdated: 15:45, Sunday May 20, 2012 Spanish Prime Minister Mariano Rajoy doesn't think his country's banks will need a European rescue, despite recent credit...

2012/05/19 10:33

6d

Spain may revise budget

MADRID(AP)—The Spanish government says it may have to revise its 2011 budget deficit upwards for a second time after spending by regional governments exceeded forecasts. The Finance Ministry said in...

2012/05/18 07:21

7d

We must continue cutting public spending, says Sp...

As Madrid's borrowing costs spiked to levels widely seen as unsustainable, Mariano Rajoy warned that there is a "a serious risk that (investors) will not lend us money or they will do so at an...

2012/05/17 14:16

8d

Spanish bank hit by report of withdrawals

Brokers looks at the main display at the Stock Exchange in Madrid, Wednesday, May 16, 2012. Spain's Prime Minister warned that the country faced the real danger of being locked out of international...

2012/05/17 06:58

8d

Thursday newspaper round- Spain, Mortgages, India

Thu 17 May 2012 LONDON (SHARECAST) - Mariano Rajoy pleaded for an urgent �defence of the euro project� yesterday as Madrid was close to being locked out of international markets by �astronomical�...

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