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Updated: 31 min 2 sec ago

Spain shows fastest growth in six years

4 hours 55 min ago
Spain's economy appears to be growing at the fastest clip since a 2008 property crash tipped the nation into a job-wrecking, double-dip recession, the central bank said on Thursday.

Spain Ikea receives 20,000 applications for 400 jobs

5 hours 48 min ago
Company's servers crash after flood of applications for positions in Valencia A flood of more than 20,000 jobseekers applying for just 400 jobs at a new Ikea megastore in Spain overwhelmed the local office's computer servers. The outletis to open next summer in Alfafar, a town in Valencia, and started accepting applications on Monday. "Our server collapsed. It wasn't able to handle that many ...

Spain shows signs of recovery as banks report fewer bad debts

6 hours 23 min ago
Caixabank and Sabadell loan data provides signal that economic turnaround is feeding through to banks and borrowers Continue reading...

Spain shows fastest growth in six years: central bank

7 hours 48 min ago
Spain's economy appears to be growing at the fastest clip since a 2008 property crash tipped the nation into a job-wrecking, double-dip recession, the central bank said Thursday. The eurozone's fourth-largest economy expanded by 0.4 percent on a quarterly basis in the first three months of this year, the sharpest increase in six years, the Bank of Spain said in a report, citing initial data. It ...

Italy, Spain yields rise as duo meet 40 pct of 2014 funding plan

8 hours 51 min ago
* Spain, Italy hit roughly 40 pct of annual funding target * Fitch to revise Spain, Italy ratings on Friday (Updates prices, adds fresh comments) LONDON, April 24 (Reuters) - Spanish and Italian bond yields edged up from their lowest levels in more than eight years on Thursday as chunky debt sales helped the two countries meet about 40 percent of their funding targets for this year.

Spain's GDP grows at fastest rate in six years

12 hours 6 min ago
Ananth Baliga MADRID, April 24 (UPI) -- Spain's central bank said Thursday the country's GDP grew by 0.4 percent for the first three months of the year, the fastest rate in six years.

Spain Growing at Fastest Rate For Years

12 hours 33 min ago
Spain's gross domestic product (GDP) grew at its fastest rate in six years, notching up 0.4% growth in the first quarter, the central bank said on Thursday. The fourth-biggest economy in the Eurozone returned to sluggish growth in the third quarter of last year, but this quarter's growth marks the fastest increase since the first quarter in 2008 when the financial crisis helped burst Spain's ...

Spain Auctions Debt at Record Lows as Growth Accelerates

13 hours 4 min ago
Spain’s Treasury sold three-year to 10-year debt at record low yields after the Bank of Spain said growth sped up in the first quarter, underpinning a recovery in the euro region’s fourth-largest economy.

Spain Growing at Fastest Rate For Years

13 hours 22 min ago
The Spanish recovery is back on track as the economy registered its fastest growth rate in six years.

Italy, Spain yields rise as duo complete 40 pct of 2014 debt plan

13 hours 29 min ago
* Spain, Italy hit roughly 40 pct of annual funding target * Fitch to revise Spain, Italy ratings on Friday (Updates with auction results, fresh comments) LONDON, April 24 (Reuters) - Spanish and Italian bond yields edged up from their lowest levels in more than eight years on Thursday as chunky debt sales helped the two countries complete about 40 percent of their funding programmes for this ...

Spain shows fastest growth in six years - central bank

14 hours 27 min ago
Madrid (AFP) - Spain's economy grew at the fastest rate in six years in the first quarter of 2014 as it pulled out of a long, job-destroying downturn, the central bank said in a preliminary estimate Thursday.

Spain shows fastest growth in six years

14 hours 33 min ago
Spain's economy grew at the fastest pace in six years in the first quarter of 2014, the central bank said in a preliminary estimate today.

Spain shows fastest growth in six years, central bank says

14 hours 49 min ago
Spain's economy grew at the fastest pace in six years in the first quarter of 2014 as it pulled its way out of a long, job-destroying downturn, the central bank said in a preliminary estimate Thursday. The eurozone's fourth-largest economy expanded by 0.4 percent on a quarterly basis, the Bank of Spain said in a monthly report, citing available but as yet incomplete data for the period. "In the ...

Spain's Caixa, Sabadell signal turnaround with bad debt falls

17 hours 3 min ago
Spain's Caixabank (MCE:CABK) and Sabadell (MCE:SAB) on Thursday said bad debts had fallen slightly in the first quarter, signalling the start of a more marked turnaround for the country's banks. Spain's banks are trying to recover from a real estate market crash that hit earnings when they took hefty charges on soured loans two years ago. Spain's prolonged economic downturn had also taken its ...

Spain's economy to grow, says minister

19 hours 26 min ago
Madrid, April 24 (IANS/EFE) Spain's economy will grow at an average of 1.5 percent in 2014-15, authorities said. "Everything indicates that the Spanish economy's recovery has continued in the first quarter of the year," Xinhua quoted Economy Minister Luis de Guindos as saying Wednesday. Spain will have a "sustained recovery" with net job creation for the first time since the economic crisis hit ...

Spain shows fastest growth in six years, central bank says

Wed, 04/23/2014 - 22:47
Spain's economy grew at the fastest rate in six years in the first quarter of 2014 as it pulled out of a long, job-destroying downturn, the central bank said in a preliminary estimate Thursday. The eurozone's fourth-largest economy expanded by 0.4 percent on a quarterly basis, the Bank of Spain said in a monthly report, citing initial data. It was the sharpest quarterly growth rate since the ...

Spain shows fastest growth in six years - central bank

Wed, 04/23/2014 - 20:05
Spain's economy grew at the fastest rate in six years in the first quarter of 2014 as it pulled out of a long, job-destroying downturn, the central bank said in a preliminary estimate Thursday. The eurozone's fourth-largest economy expanded by 0.4 percent on a quarterly basis, the Bank of Spain said in a monthly report, citing initial data. It was the sharpest quarterly growth rate since the ...

Bankinter profit rise sets positive tone for Spain's banks

Wed, 04/23/2014 - 09:07
Spain's Bankinter (MCE:BKT) reported a 19 percent rise in first-quarter net profit and said bad loans were close to a peak, setting a positive tone for the rest of the country's banks which are aiming to benefit from an improving economy. Bankinter, like bigger rivals such as Santander (SAN.MC) and BBVA (BBVA.MC), is emerging from a deep financial crisis after the Spanish real estate market ...

Spain to cut 2014 net debt issuance on higher tax revenue

Wed, 04/23/2014 - 08:56
Higher than expected tax receipts and falling financing costs will allow Spain to sharply cut net debt issuance for 2014 from an estimated 65 billion euros (53 billion pounds), Economy Minister Luis de Guindos said on Wednesday. Spain is due to present an update of its three-year budget plans to the European Union next week, which will include debt and growth forecasts. The debt issuance target ...

Spain forecasts stronger economic outlook in 2014-15

Wed, 04/23/2014 - 08:15
Spain's economy minister Luis de Guindos Jurado speaks during a press conference at the G20 finance ministers and central bank governors' meeting in Sydney on February 23, 2014