https://feeds.thelocal.com/ Read the latest news and views from Spain in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Ratings agency Moody's on Friday raised Spain's sovereign debt grade, citing improved growth prospects and a stronger banking sector. https://www.thelocal.es/20180414/spains-debt-rating-raised-on Sat, 14 Apr 2018 17:22:30 +0200 spains-debt-rating-raised-on The Spanish government on Friday lowered its 2015 forecasts for unemployment and public debt, bolstering its claims of a surging economic recovery months ahead of a general election. https://www.thelocal.es/20150710/spain-improves-unemployment-debt-outlook Fri, 10 Jul 2015 19:08:38 +0200 spain-improves-unemployment-debt-outlook Spanish Prime Minister Mariano Rajoy welcomed on Wednesday what he said was a "positive" change in tone from Greece, which has pledged to make "credible" reforms to obtain a new bailout deal. https://www.thelocal.es/20150708/rajoy-welcomes-positive-change-in-greek-tone Wed, 08 Jul 2015 18:45:17 +0200 rajoy-welcomes-positive-change-in-greek-tone There are intriguing political parallels between the two nations ahead of a year-end general election in Spain, where the ruling conservatives are pointing to Syriza's difficulties to discredit its Spanish ally Podemos. https://www.thelocal.es/20150708/madrids-mantra-spain-is-not-greece Wed, 08 Jul 2015 10:30:28 +0200 madrids-mantra-spain-is-not-greece The leader of Spain's leftist Podemos party on Sunday hailed results from Greece's referendum showing voters decisively rejecting creditors' bailout terms as a victory for democracy. https://www.thelocal.es/20150706/democracy-the-winner-in-greece-spains-podemos Mon, 06 Jul 2015 10:32:06 +0200 democracy-the-winner-in-greece-spains-podemos Spain is still spending much more than it earns, racking up the second-highest deficit in the EU as a percentage of GDP last year, according to a report on Tuesday. https://www.thelocal.es/20150421/spain-still-holds-one-of-highest-deficits-in-eu Tue, 21 Apr 2015 18:02:29 +0200 spain-still-holds-one-of-highest-deficits-in-eu A new Greek bailout deal is possible before an end-April deadline but it will not come before Easter, EU president Donald Tusk said on Tuesday during a news conference with Spanish Prime Minister Mariano Rajoy in Madrid. https://www.thelocal.es/20150401/g Wed, 01 Apr 2015 11:07:33 +0200 g Spain raised the pressure on Greece on Monday to "honour its commitments" to its European partners to end its debt crisis and prevent its dropping out of the eurozone. https://www.thelocal.es/20150316/spain-pressures-greece-to-keep-promises-in-debt-crisis Mon, 16 Mar 2015 15:22:03 +0100 spain-pressures-greece-to-keep-promises-in-debt-crisis EU Commission chief Jean-Claude Juncker said Wednesday there was no "diabolical plan" by Spain and Portugal to topple Greece's new hard-left government after Prime Minister Alexis Tsipras accused the countries of undermining debt talks with Brussels. https://www.thelocal.es/20150305/juncker-no-diabolical-plan-against-greece Thu, 05 Mar 2015 13:38:00 +0100 juncker-no-diabolical-plan-against-greece Spain warned Friday it will want back €26 billion ($39 billion) it lent to Greece in the financial crisis, as new left-wing leaders in Athens seek to renegotiate the country's debts. https://www.thelocal.es/20150214/spain-seeks-greek-debt-payback Sat, 14 Feb 2015 13:14:00 +0100 spain-seeks-greek-debt-payback Spain can now expect growth of 1.7 percent in 2015, down from the 2.1 percent originally forecast by the European Commission, while unemployment and public debt levels are set to remain stubbornly high until at least 2017, Brussels said on Tuesday. https://www.thelocal.es/20141104/brussels-lowers-spanish-growth-forecasts Tue, 04 Nov 2014 13:53:00 +0100 brussels-lowers-spanish-growth-forecasts Spain's public debt has topped €1 trillion ($1.3 trillion) for the first time, the central bank announced on Thursday, despite years of government-imposed austerity. https://www.thelocal.es/20140814/spanish-public-debt-tops-trillion-euro-mark Thu, 14 Aug 2014 18:07:00 +0200 spanish-public-debt-tops-trillion-euro-mark Standard and Poor's on Friday upgraded Spain's credit rating a notch to 'BBB' from 'BBB-', saying structural reforms have improved economic growth and outlook. https://www.thelocal.es/20140523/standard-and-poors-boosts-spains-credit-rating-debt Fri, 23 May 2014 11:07:00 +0200 standard-and-poors-boosts-spains-credit-rating-debt Fitch Ratings upgraded Spain's sovereign credit on Friday, capping a string of good news for a nation still recovering from a job-wrecking, double-dip recession. https://www.thelocal.es/20140426/fitch-upgrades-spain-credit-rating Sat, 26 Apr 2014 15:17:00 +0200 fitch-upgrades-spain-credit-rating Debt owed by Spanish banks to the European Central Bank fell again in November to its lowest level since February 2012, Bank of Spain data showed on Friday. https://www.thelocal.es/20131213/spanish-bank-debt-to-ecb-hits-new-low Fri, 13 Dec 2013 16:50:33 +0100 spanish-bank-debt-to-ecb-hits-new-low Spain announced on Tuesday it had completed its programme aimed at raising €121 billion ($164 billion) from the debt markets to finance the state in 2013. https://www.thelocal.es/20131126/spain-hits-2013-debt-market-targets Tue, 26 Nov 2013 17:05:55 +0100 spain-hits-2013-debt-market-targets Fitch Ratings said Friday it was upgrading the outlook on Spain's investment-grade "BBB" rating to "stable" thanks to progress in reforms and improved export performance. https://www.thelocal.es/20131102/rating-agency-upgrades-spain-outlook-to-stable Sat, 02 Nov 2013 10:47:00 +0100 rating-agency-upgrades-spain-outlook-to-stable Spain's public debt, rising unchecked for the past five years of economic crisis, will peak at just over 101 percent of output in 2015, the government said on Thursday. https://www.thelocal.es/20131018/spains-record-debt-to-keep-climbing-until-2015 Fri, 18 Oct 2013 11:02:30 +0200 spains-record-debt-to-keep-climbing-until-2015 The net debt owed by Spanish banks to the European Central Bank fell in September to the lowest level for 18 months, data from the Bank of Spain showed on Monday. https://www.thelocal.es/20131014/spanish-banks-see-debt-levels-hit-18-month-low Mon, 14 Oct 2013 14:30:00 +0200 spanish-banks-see-debt-levels-hit-18-month-low A simple typographical error boosted Spain's 2014 public debt forecast by 10 billion euros ($13.6 billion), the government admitted on Thursday. https://www.thelocal.es/20131003/spain-loses-10-billion-after-typing-error Thu, 03 Oct 2013 17:49:00 +0200 spain-loses-10-billion-after-typing-error