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Spanish jobless claims rise for first time in 7 months

Last Updated: Wednesday, September 2, 2015, 15:10

Jobless claims increased last month by 21,679, or 0.54 percent, to 4.07 million, the labour ministry said in a statement.

Tubacex acquires majority of Prakash Steelage's tube division

Last Updated: Monday, July 27, 2015, 21:51

Prakash Steelage on Monday said the Spanish stainless steel maker Tubacex completed acquisition of a majority 67.5 percent stake in its seamless stainless steel tube division for over Rs 209 crore.

More than 22% of Spaniards lived in poverty in 2013: Data

Last Updated: Tuesday, May 26, 2015, 20:59

More than 22 percent of people in Spain were living in poverty in 2013, the year the country`s recession officially ended, new official data showed Tuesday.

Only 5% of bank aid recovered: Spain central bank

Last Updated: Tuesday, May 5, 2015, 08:30

A total of 53.55 billion euros were provided to Spain`s banking sector via a restructuring fund in the aftermath of the financial crisis, including 2.25 billion euros of contributions from the private sector.

Home of ex-IMF head Rato searched in tax investigation

Last Updated: Friday, April 17, 2015, 03:46

Spanish judges ordered a search of the Madrid home of former International Monetary Fund chief Rodrigo Rato as part of an investigation into tax paid on his personal wealth, a court statement said on Thursday.

Rescue plan for Sahara in doubt as BBVA denies loan

Last Updated: Thursday, March 26, 2015, 10:00

Sahara told the Supreme Court this week that BBVA had agreed a 900 million-euro ($985 million) loan to Hong Kong firm Nouam Ltd.

Spain's BBVA denies credit line to bail Sahara chief Subrata Roy

Last Updated: Wednesday, March 25, 2015, 14:20

Subrata Roy has been held in jail for more than a year after Sahara failed to comply with a court order to refund billions of dollars to investors in a bond programme that was ruled illegal.

Spanish bank BBVA denies credit exposure, relationship with Sahara Group

Last Updated: Wednesday, March 25, 2015, 13:48

Spanish bank BBVA has no credit exposure or relationship with Indian conglomerate Sahara, a bank spokesman said on Wednesday.

Fed rejects capital plans of US arms of Deutsche Bank, Santander

Last Updated: Thursday, March 12, 2015, 02:43

The Federal Reserve rejected the capital plans of the US operations of Spanish bank Santander and Germany`s Deutsche Bank, saying it saw serious problems in the planning processes of both.

Spanish PM hits back at Greece`s Tsipras in austerity row

Last Updated: Sunday, March 1, 2015, 19:58

Spanish Prime Minister Mariano Rajoy on Sunday called on his Greek counterpart to get "serious" about his country`s debt-wracked economy, after Alexis Tsipras accused other eurozone partners of undermining its negotiations with Brussels.

Spain recovery drives up trade deficit 53%

Last Updated: Wednesday, February 18, 2015, 17:14

The shortfall of exports to imports in the eurozone`s fourth biggest economy grew by 53.4 percent to 24.47 billion euros ($28 billion), figures from the ministry showed.

Spanish economy grows by 1.4% in 2014

Last Updated: Friday, January 30, 2015, 15:43

Growth accelerated in the fourth quarter to 0.7 percent from 0.5 percent in the third quarter, according to provisional figures from the National Statistics Office.