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Posts related to ‘Spain bailout’

What’s Important in the Financial World (11/7/2012)

Spain's Growth Slows Spain has cut its growth forecasts again (or rather, experts have), which means it will ask for more time to solve its problems. And its path to ...
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Spain Slips Further into Recession

Spain slipped further into recession, which means that its need for aid has accelerated. Its gross domestic product for the third quarter dropped 0.3%, on top of a drop of ...
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Greece Teeters on the Brink — Again

Europe's economic problems will be pushed off of the front pages, at least while the East Coast braces for Hurricane Sandy and its aftermath. But the bailout of Greece is ...
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What’s Important in the Financial World (10/29/2012)

Sandy's Impact The effects of Hurricane Sandy already have been felt on Wall St. as the major exchanges have elected to close today, and perhaps tomorrow. Much less certain is ...
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Bickering over the European Budget

The latest report about how Europe's nations will be bailed out, what the role of the International Monetary Fund will be, whether Germany will block plans that cost its taxpayers too much, ...
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What Will Be Spain’s Next Move?

Spain is on the cusp of something, but no one seems to know for sure what it is. The country received good news from Moody's that kept Spain's sovereign paper ...
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What’s Important in the Financial World (10/17/2012)

Spain on the Cusp Spain is on the cusp of something, but no one seems to know for sure what it is. The country received good news from Moody's that ...
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OECD Secretary General Sees Spain Going It Alone

Angel Gurria, the secretary general of the Organization for Economic Cooperation and Development, told CNBC that Spain's reluctance to request a bailout is understandable and the country may try to ...
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Worries About Spain Affect Global Markets

Global currency and stock markets continue to bounce around as the fight over the fate of Spain's economy continues. Will its budget cuts be enough? Will it press for a ...
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What’s Important in the Financial World (9/28/2012)

Paris Auto Show The Paris Auto Show had its usual large number of new model introductions, along with dozens and dozens of displays of cars and light trucks already on sale around ...
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What’s Important in the Financial World (9/27/2012)

Spain Seeks Budget Cuts The search for solutions to Spain's financial trouble continues and becomes more complicated by the moment. It has not been determined whether Spain can cut its ...
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The Struggle over a Bailout Plan for Spain

The search for solutions to Spain's financial trouble continues and becomes more complicated by the moment. It has not been determined whether Spain can cut its own budget before it ...
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Spanish Bond Yields Soar, Equities Sink

The pain in Spain appears to be about to get worse. Yields on 10-year government bonds rose 22 points to 5.93%, following an announcement from the Catalonia region that a ...
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While People Riot, Spain May Seek Bailout

It was not hard to find video of Spanish workers rioting outside the parliament yesterday. They numbered into the thousands, if not more. While they took to the streets to ...
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Can Spain and Italy Avoid Bailouts?

The Financial Times reports that European Union officials have started to work with Spain on a bailout and European Central Bank purchases of its bonds. The paper reports: According to ...
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