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Thousands march in Spain against austerity

Last Updated: Friday, April 04, 2014, 02:36

Tens of thousands of people marched in dozens of Spanish cities Thursday against austerity measures enacted by the government, which is under pressure from the EU to reduce its public deficit.

Spain reports price drop as eurozone fears deflation

Last Updated: Friday, March 28, 2014, 17:06

If the initial data are confirmed, it would be the first annual decline in consumer prices since October 2009.

Moody`s upgrades Spain`s credit rating one notch

Last Updated: Saturday, February 22, 2014, 04:06

Moody`s raised Spain`s sovereign credit rating by one notch Friday, citing progress in reforms to put the economy on a more sustainable track.

Spain exits recession, raising timid hopes for Europe

Last Updated: Wednesday, October 23, 2013, 21:04

Spain inched out of its two-year recession with timid growth in the third quarter, the country`s central bank said on Wednesday, fuelling fragile hopes of a broader eurozone recovery.

Spain says 2012 recession deeper than first announced

Last Updated: Tuesday, August 27, 2013, 21:03

The Spanish economy shrank 1.6 percent in 2012 last year rather than the 1.4-percent contraction first posted, the National Statistics Institute said.

Spain's economy grows 0.10%

Last Updated: Wednesday, August 07, 2013, 16:18

BBVA expects the economy to expand at a faster clip in 2014 than the government does.

Economy contracted in second quarter: Bank of Spain

Last Updated: Wednesday, July 24, 2013, 12:41

The economy contracted 1.8 percent on a year-on-year basis, the Bank of Spain Economic Bulletin said.

Spain's economy is getting better: Mariano Rajoy

Last Updated: Monday, July 08, 2013, 12:06

Spain's economy "is getting better" and the proposals of former prime minister Jose Maria Aznar to reduce taxes will be heeded, Prime Minister Mariano Rajoy said Sunday.

IMF says Spanish recession `may end soon`

Last Updated: Wednesday, June 19, 2013, 21:52

Spain`s economy, still reeling from a 2008 property market crash, fell into a double-dip recession in 2011 and the unemployment rate has since soared to more than 27 percent.

Spain is emerging from recession says minister

Last Updated: Tuesday, June 18, 2013, 21:33

"We don`t have all the data regarding this quarter" but "it is much less bad than the previous one," he told an economic gathering in Santander, northern Spain.

Spain achieves monthly trade surplus

Last Updated: Thursday, May 16, 2013, 11:21

Spain achieved in March its first monthly trade surplus since records have been kept, the country's economy minister said here.

Banks seized nearly 40,000 homes in Spain

Last Updated: Saturday, May 11, 2013, 20:21

The Banco de España study showed that in 83 percent of the cases the homes were primary dwellings.