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Los Alcazares, Spain
September 19, 2020, 7:51 pm
Sunny
27°C
 
 

Spanish Economic News

  • CaixaBank and Bankia strike deal to create Spain’s biggest lender 18 Sep 2020 12:57 Irish Times CaixaBank is set to become Spain’s largest lender after agreeing to pay a 20 per cent premium to take over smaller rival Bankia, in a move that heralds long-awaited consolidation in the country’s banking sector. The two groups said on Friday they had …
  • Spain's third-quarter growth to exceed 10%, minister says 17 Sep 2020 11:17 Reuters By Reuters Staff (Adds Bank of Spain forecast) MADRID, Sept 17 (Reuters) - The Spanish economy will expand at a pace above 10% in the third quarter, Economy Minister Nadia Calvino said on Thursday, without giving projections for the full year. The minister …
  • Spain to suspend fiscal rule, freeing $3.6 bln for municipalities 14 Sep 2020 12:04 Reuters By Reuters Staff MADRID, Sept 14 (Reuters) - The Spanish government will suspend a fiscal rule that limits the spending ability of municipalities in a move that would free up more than 3 billion euros ($3.56 billion) of expenditure in order to help …
  • Vodafone Spain urges govt to spend 'at least' EUR 2 bln on 5G push 11 Sep 2020 08:06 Telecompaper The Spanish government must allocate a minimum of 10 percent of the public funds envisaged in its Spain Digital 2025 plan to promote the deployment of 5G in the country, according to Vodafone Spain CEO Antonio Coimbra. “At least 10 percent of public funds …
  • One size doesn't fit all 05 Sep 2020 08:36 SUR in English Spain's Socialist government is right to stick to its decision, made after the state of alarm ended in June, to hand control of the new wave of Covid outbreaks to regional governments. The point now up for debate is whether Pedro Sanchez's …
  • ANSAmed - Weekly diary from September 7 to September 12 04 Sep 2020 17:53 ANSAmed (ANSAmed) - ROME, SEPTEMBER 4 - The following are the main events scheduled in the Euro-Mediterranean area between September 7 and September 12: MONDAY SEPTEMBER 7 BRUSSELS - EU, Commissioner for Economic Affairs Paolo Gentiloni receives Spanish Economy …
  • CaixaBank, Bankia Mull Deal to Form $17 Billion Spanish Bank 04 Sep 2020 12:57 Bloomberg News SHARE THIS ARTICLE A pedestrian passes a CaixaBank SA bank branch in Barcelona. Photographer: Angel Garcia/Bloomberg Photographer: Angel Garcia/Bloomberg Spain’s CaixaBank SA and Bankia SA are exploring a merger to form the largest lender in the …
  • CaixaBank, Bankia Explore Deal to Form $17 Billion Spanish Bank 04 Sep 2020 10:57 Bloomberg News SHARE THIS ARTICLE A pedestrian passes a CaixaBank SA bank branch in Barcelona. Photographer: Angel Garcia/Bloomberg Photographer: Angel Garcia/Bloomberg Spain’s CaixaBank SA and Bankia SA are exploring a merger to form the largest lender in the …
  • Caixabank and Bankia merging to become Spain’s largest financial entity 04 Sep 2020 10:28 Olive Press NEGOTIATIONS are underway for a merger of two leading Spanish banks that if successful, will create Spain’s largest banking institution. According to the latest account figures of Bankia and Catalan bank Caixabank, the merger will give the super-company …
  • Spain’s Bankia, CaixaBank Explore $17 Billion All-Share Deal 04 Sep 2020 09:06 Bloomberg News SHARE THIS ARTICLE A pedestrian passes a CaixaBank SA bank branch in Barcelona. Photographer: Angel Garcia/Bloomberg Photographer: Angel Garcia/Bloomberg Spanish lenders Bankia SA and CaixaBank are exploring a 14 billion-euro ($16.6 billion) merger …
  • Spain's services sector recovery halted in August: PMI 03 Sep 2020 10:20 Investing.com MADRID (Reuters) - Spanish service sector activity shrank in August, ending a two-month recovery following a coronavirus lockdown that hammered economic activity earlier in the year, a survey showed on Thursday. Markit's Purchasing Managers' Index …
  • Spain's state credit lines cover 75% of corporate liquidity needs -cenbank governor 01 Sep 2020 17:14 Reuters (Adds details on Spain’s economic rebound) By Jesús Aguado and Emma Pinedo MADRID, Sept 1 (Reuters) - Spain’s state-backed credit lines of around 140 billion euros ($167 billion) would cover around 75% of companies’ liquidity needs as they try to weather …
  • Bank of Spain governor sees double-digit GDP growth in third quarter 01 Sep 2020 16:28 Reuters MADRID, Sept 1 (Reuters) - The Spanish economy will likely grow in double digits in the third quarter after a record drop in the preceding three-month period due to the impact of the coronavirus pandemic, Bank of Spain governor Pablo Hernandez de Cos said …
  • Spain's state-backed loans to cover 75% of corporate liquidity needs 01 Sep 2020 16:12 Reuters MADRID, Sept 1 (Reuters) - Spain’s state-backed credit lines of around 140 billion euros ($167.29 billion) would cover around 75% of companies’ liquidity needs as they struggle to weather the impact of the coronavirus pandemic, Bank of Spain Governor Pablo …
  • Fewer than 5% of Spain’s self-employed workers are on Covid benefit 01 Sep 2020 10:49 Ara Monday was the monthly reality-check day for Spain’s three million self-employed workers: even if they can benefit from a partial exemption, they still had to pay their social security contribution regardless of their turnover this month. Since the Covid- …