Spain

Spanish banks face tough rivalry in small companies bet

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MADRID - Across Spain, the message is hard to miss in office windows showcasing offers: banks want to lend to small companies again.

Bank of Spain denies report of stress tests this month

MADRID - The Bank of Spain has denied it plans to subject Spanish lenders to stress tests this month ahead of Europe-wide health checks following a report in newspaper Cinco Dias on Tuesday.

15 Apr 2014

Franco-era policeman in extradition hearing in Spanish court

MADRID - A former Spanish policeman denied he had carried out torture at a hearing in a Madrid court on Thursday, part of an extradition request from Argentina, where he is wanted for crimes allegedly committed during dictator General Francisco Franco's rule.

Ex-treasurer of Spain's ruling party says inherited slush fund: source

MADRID - A former treasurer for Spain's ruling People's Party who is accused of amassing personal wealth from a secret slush fund told a judge on Thursday that he inherited the fund from the party's former secretary general, a court source said.

World, 10 Apr 2014

Spanish minister to head PP party's European election list

MADRID - Spain's ruling People's Party (PP) said on Wednesday it had picked popular Agriculture Minister Miguel Arias Canete to head its list of candidates for the European Parliamentary elections in May.

World, 09 Apr 2014

Catalan leader says parliament rejection won't halt referendum

MADRID - Catalonia President Artur Mas said on Tuesday he would forge ahead with his region's plans to hold a referendum on independence in November after Spain's parliament overwhelmingly rejected the petition.

World, 08 Apr 2014

Spain's parliament set to reject Catalan referendum

MADRID - Spain's parliament looks certain to reject a petition from Catalonia to hold a referendum on independence, despite heavy support for the separatist movement in the wealthy northeastern region.

World, 08 Apr 2014

Spain busts group accused of plans to send arms machinery to Iran

MADRID - Spain said on Monday it had dismantled a group it accused of plotting to send industrial equipment to Iran that could be used for weapon manufacture in violation of international sanctions.

World, 07 Apr 2014

Inflation drop pins peripheral bond yields at multi-year lows

LONDON - Lower-rated euro zone bond yields held near multi-year lows on Monday, with a drop in euro zone inflation keeping speculation rife that the European Central Bank may loosen monetary policy further later this year.

Germany, 31 Mar 2014

Repsol shareholders seal Argentina deal but Pemex tensions linger

MADRID - Shareholders of Spain's Repsol approved the oil major's $5 billion settlement with Argentina over the 2012 seizure of YPF at an annual meeting on Friday that also shed light on tensions with Mexico's Pemex.

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U.S., euro zone activity up; China decline slows

NEW YORK/LONDON - The U.S. manufacturing sector expanded in April and the euro zone private sector started the second quarter on its strongest footing since 2011, while the pace of decline in Chinese factory activity slowed, surveys showed on Wednesday.