Sep 27, 2012 In further austerity measures, the government imposes some $50 billion of tax hikes and spending cuts
Sep 27, 2012 Spain has unveiled an ambitious budget plan. Will it be enough to get the job done? Meanwhile, what does the mixed economic data in the U.S. mean for the economy?
Sep 27, 2012 Today the government of Spain is expected to lay out yet another new budget with even more cuts in it.
Sep 27, 2012 Markets are shaken by the mass protests against austerity measures in Greece and Spain. Investors are questioning their earlier optimism over the prospects of recovery in Europe.
Sep 26, 2012 More protests are expected in Spain today after some big demonstrations last night. There's outrage over a new round of budget cuts as Spain tries to avoid becoming the next Greece.
Sep 11, 2012 Last week in Europe there was relative euphoria: The European Central Bank said it stood ready to buy the government bonds of any nation that came seeking its help. That would help countries like Spain and Italy keep their borrowing costs down, and keep them from lapsing into financial crisis.
Sep 10, 2012 Markets have been a brighter in the past week after the European Central Bank announced a plan to keep Spain, Italy and other troubled economies afloat. But the possibility of even more austerity on top of sky-high unemployment has the Spanish worried.
Jul 24, 2012 Spain's borrowing costs are up to 7.5 percent -- the higest since it joined the euro. As a result of the regional crisis, Moody's announced today that it is poised to lower Germany's credit rating to AA.
Jul 23, 2012 New fears of a Spanish recession despite bailout measures are shaking global markets today as the threat of Greece's economic crisis still looms large in the region.