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Spain seeks to rescue its big bad Bankia

May 28, 2012
The Spanish government is wrangling with how to rescue its troubled banks. The Spanish bank Bankia needs about $24 billion in new capital.
Posted In: spain, bankia, bank bailout, Europe debt crisis

Olive oil price hits 10-year low

May 28, 2012
As if Europe didn't have enough on its plate, it now faces a big drop in the price of one of its biggest exports, olive oil. Seventy percent of the world's olive oil supply comes from Spain, Greece and Italy.
Posted In: spain, italy, Greece, olive oil, Food

Greece jumps, Spain slumps

May 28, 2012
Markets in Europe are mixed today: Greece is way up and Spain is down. Though both countries face major economic troubles, the level of uncertainty may be the key in determining their market variation.
Posted In: spain, Greece, Europe debt crisis, bank bailout

How concerned should we be over Greece?

May 10, 2012
Greece still hasn't formed a new government. And there's a lot of talk about the nation leaving the eurozone. How likely is that?
Posted In: Greece, spain

Spain may bail out troubled Bankia

May 8, 2012
The Spanish government could pump $9.1 billion into one of its biggest banks.
Posted In: spain, bankia

Weekend elections could shift focus in Europe

Apr 30, 2012
In a matter of days, two countries at the center of the European debt crisis will hold elections: France is on the verge of electing a socialist as president and Greece may also shake up its leadership. But it's Spain that's causing some heartburn today.
Posted In: Europe debt crisis, spain, France

Euro debt problems flare up in Spain

Apr 30, 2012
Spain has officially slipped back into recession and to make matters worse, Standard & Poor’s has downgraded the credit rating on 11 Spanish banks. That makes it harder for those banks to borrow money.
Posted In: spain, Europe debt crisis, recession

How much of a problem is Spain's economy?

Apr 30, 2012
Economist Edward Hugh discusses how Spain's economic woes compare to Greece and whether the country is "bailout-able."
Posted In: spain, bailout, Europe debt crisis

Argentina moves to nationalize its largest oil company

Apr 17, 2012
Spanish oil giant Repsol currently controls Argentina's largest national oil company, but perhaps not for long.
Posted In: Argentina, spain, Repsol, Oil

Second month of positive signs in retail

Apr 16, 2012
The Commerce Department reports retail sales rose more than expected in March, by a solid 0.8 percent.
Posted In: spain, commerce, Retail

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