Spain

EU to Give Spain, France More Time to Cut Deficit

The European Commission will propose giving Spain, France and several other euro zone states more time to cut their public deficits below the target limit of 3 percent of GDP, newspaper El Pais said on Saturday.

Spain to Get EU Bank Aid December 15 in Return for Job Losses

European authorities will transfer 35 billion euros to Spain's state bank rescue fund on December 15 in exchange for massive layoffs at Spain's four nationalized banks, including state-rescued Bankia (BKIA.MC), El Pais newspaper reported on Sunday.

Spain Suspends Home Evictions for Most Needy

Spain approved measures on Thursday to help the most needy families facing eviction, a growing problem in the recession-bound nation highlighted last week by the suicide of a woman whose home bailiffs came to seize.

Spain targets London investors for "bad bank"

Spain's Economy Minister will meet investors in London on Thursday in the hope of tempting them to buy into a 'bad bank' that will house billions of euros of the country's soured real estate assets.

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