Spain

Bankia compensation qualms signal loss of faith in Spain's banks

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MADRID - Many duped savers at Spanish lender Bankia are shunning a state-supervised compensation scheme in favour of expensive lawsuits, prolonging a mis-selling scandal and complicating efforts to restore faith in the banking system.

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Chief executives and the itch to quit

LONDON - On approaching his 60th birthday this year, long-serving Tullow Oil boss Aidan Heavey told staff he felt "like two 30 year-olds".

Business, 16 May 2013

EU imposes anti-dumping duties on India's steel wire exports

BRUSSELS - The European Union has imposed provisional duties on India's exports of stainless steel wire to counter dumping that has hurt Italian, German and Spanish producers.

Business, 08 May 2013

Spanish court suspends charges against king's daughter

MADRID - A Spanish court on Tuesday suspended corruption charges brought against King Juan Carlos's daughter, saying there was not sufficient evidence that Princess Cristina had been an accomplice in an embezzlement case involving her husband.

World, 07 May 2013

Spain admits recession worse but gets deficit leeway

MADRID/BRUSSELS - Spain acknowledged that its economy would shrink more than initially expected in 2013 and its budget deficit would be higher than promised, but the European Union gave it more time to bring the shortfall back down to bloc limits.

Business, Economy, 26 Apr 2013

Insight: Failure of Spain's Pescanova lifts lid on culture of secrecy

VIGO, Spain - Even in a record year for Spanish bankruptcies, the filing by Pescanova, a household local name that farms, catches and processes fish, stands out not just for scale, but for the opaque culture and boardroom dysfunction it has revealed.

26 Apr 2013

Euro zone laggards face long wait for recovery: Reuters poll

LONDON - The struggling economies of Greece, Portugal and Spain will probably not grow again until next year and former Celtic tiger Ireland is likely to purr rather than roar, a Reuters poll suggested on Monday.

Business, Economy, 23 Apr 2013

King Juan Carlos falls from grace in scandal-weary Spain

MADRID - Spain's King Juan Carlos stood with a throng of smiling journalists and onlookers, exchanging pleasantries, laughing at jokes and even trying on a pair of sunglasses proffered by a reporter from a comedy show.

World, 17 Apr 2013

Spanish king's popularity plummets as royals face crisis

MADRID - Public opinion in Spain has turned against King Juan Carlos in favour of his son Felipe, an opinion poll showed on Sunday, showing the toll taken on the king by gaffes, friendships with young women and royal family corruption allegations.

World, 07 Apr 2013

EXCLUSIVE - Spain's royal family agrees to greater transparency

MADRID - The Spanish royal family has agreed to be included in the country's new transparency law, potentially giving the public unprecedented access to information on its spending and activities, a palace source said on Friday.

World, 05 Apr 2013

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Seeking unity on banking union

Seeking unity on banking union

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Ally of Kosovo PM among five arrested for war crimes

PRISTINA - A close wartime ally of Kosovo's prime minister was among five people arrested by European Union police on Thursday on suspicion of war crimes during a 1998-99 insurgency against Serbian forces.