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Wednesday 29 March 2023 Dublin: 11°C

# Spanish economy

All time
# Bonds
ECB continues to ease off on bond-buying programme
The ECB’s purchase of Spanish and Italian bonds continues to wind down, with purchases down to €6.65bn last week.
# Bond Markets
Crisis averted? ECB eases off on bond-buying
The ECB spent €14.3bn buying Spanish and Italian bonds last week, down from €22bn the week before, as the crisis eased.
# Markets
What is ‘short selling’ – and has it made any difference to the markets?
Italy, Spain, France and Belgium ban investors from betting on falls – but the main markets still slip on their opening.
# In the red
Dow disaster: 632-point drop is the 6th-worst in history
The Dow Jones ends its day deep in the red, as the S&P loses 6.6 per cent and the NASDAQ sheds nearly 7 per cent of its value.
# Markets
US markets continue nosedive as investors dump shares for bonds
The US bond market responds brilliantly to the S&P downgrade, but the world’s stock markets are the obvious victims.
# Debt Crisis
Barroso warns: the Eurozone debt crisis is spreading
The President of the European Commission tells us what we already know, as he calls for “full backing” for struggling countries.
# Euro in crisis
Europe teeters on the brink as Spanish, Italian borrowing costs rise
If it was borrowing today, Spain would pay 6.3 per cent interest for a 10-year loan – a level that can’t be sustained.
# Bailout
Bailed-out Ireland could stump up €11.1 billion… to pay for new bailout fund
The new European Stability Mechanism will need will claw back a huge amount of the loans it’s already giving us.
# Eurozone
Bond yields dive, and Euro up, as markets embrace Brussels deal
The cost of borrowing for Europe’s strugglers is falling this morning, after leaders struck deals on gentler bailouts.
# Euro in crisis
Bond markets turn up the heat on Spain and Italy
Some of Europe’s largest economies will find it tougher and tougher to survive without a crippling bailout…
# Spain
Ruling Socialists take battering in Spanish local elections
The party of prime minister Jose Luis Rodriguez Zapatero loses most of its power, triggering calls for early general elections.
# Spain
Protests grip Spain - in spite of ban - as regional elections draw near
Protests take place across the country ahead of Sunday’s polls, complaining about spending cuts and austerity measures.
LIVE
The Spanish Corner: board delight as fans mourn the imminent departure of Flores
WATCH: Garreth Nunn blogs from the Atletico Madrid press room and brings us the best goals from La Liga.
# Spanish economy
Moody's warns of downgrade to Spanish debt
The ratings agency says it’s considering a downgrade for Spain – but the news doesn’t make a major impact on bond markets.
# Bond Markets
ECB bought €2.7bn of bonds last week alone
So much for winding down the controversial bond-buying scheme… Frankfurt may have been the only buyer last week.
# Bond Markets
Euro rallies after Spain offloads new bonds
Is the Eurozone debt crisis dying? Spain’s bond yields might be up, but the Euro is picking up speed afterward.
# Debt Crisis
Has the contagion been stopped? EU bond yields dive
The costs of borrowing for Portugal, Italy and Spain has fallen, easing some fear about the Eurozone debt crisis.
# Bailout
Bailout fund will be increased if needed - German bank chief
Axel Weber – the head of Germany’s central bank – says Europe’s bailout fund won’t run out: it’ll just be made bigger.
# Bailout Republic?
EU to tell Ireland: Take a bailout today
The world’s press is sure of it: everywhere the government turns, it’s told to accept an international handout.