The Local Spain 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 Bankia profits soar 50 percent in first quarter Spain's state-owned bank Bankia, which was nationalized on 2012 to save it from collapse, said Monday its first-quarter net profit more than doubled from the same time last year. https://www.thelocal.es/20140429/bankia-profits-soar-50-percent-in-first-quarter Tue, 29 Apr 2014 11:46:00 +0200 bankia-profits-soar-50-percent-in-first-quarter Spain's households get 25 percent richer in 2013 Spain's households increased their net wealth by more than 25 percent in 2013 with net financial assets shooting up above €1 trillion ($1.4 trillion) for the first time since before the country's economic crisis. https://www.thelocal.es/20140421/spains-household-get-25-percent-richer-in-2013 Mon, 21 Apr 2014 19:31:00 +0200 spains-household-get-25-percent-richer-in-2013 EU calls time on Spain's bank bailout The eurozone aid programme for struggling Spanish banks closed as scheduled on Tuesday after providing some €41 billion ($55 billion) to get them through the debt crisis, a statement said. https://www.thelocal.es/20131231/spains-100-million-bank-bailout-draws-to-close Tue, 31 Dec 2013 12:35:00 +0100 spains-100-million-bank-bailout-draws-to-close Banks' bad loans hit record high in July Bad loans held by Spain's banks mounted to a record high in July, the Bank of Spain said on Wednesday, a sign of persistent fragility in the bailed-out financial sector. https://www.thelocal.es/20130918/banks-bad-loans-hit-record-high-in-july Wed, 18 Sep 2013 19:18:00 +0200 banks-bad-loans-hit-record-high-in-july Bad loans rise as Spain's banks buckle The weight of bad loans held by Spain's banks grew in April, the Bank of Spain said on Tuesday, a sign of the difficulties facing the bailed-out banking sector. https://www.thelocal.es/20130618/bad-loans-rise-as-spains-banks-buckle Tue, 18 Jun 2013 15:43:16 +0200 bad-loans-rise-as-spains-banks-buckle Spanish lenders loosen ECB debt shackles The net debt owed by Spanish banks to the European Central Bank fell in March for the seventh straight month to its lowest level in a year, official data showed on Friday. https://www.thelocal.es/20130412/spanish-lenders-loosen-ecb-debt-shackles Fri, 12 Apr 2013 14:29:13 +0200 spanish-lenders-loosen-ecb-debt-shackles Ratings group shuns Spanish banks Global credit rating agency Moody's warned on Friday that Spain's battered banks face a grim outlook even after a European-funded rescue, with high levels of bad assets set to worsen "significantly" in the recession. https://www.thelocal.es/20130405/ratings-group-paints-grim-picture-for-spains-banks Fri, 05 Apr 2013 15:55:00 +0200 ratings-group-paints-grim-picture-for-spains-banks Banks' bad debts edge up once more The burden of bad loans held by Spanish banks shot up again in January, after a brief blip in December which saw the ratio ease for the first time in 17 months. https://www.thelocal.es/20130319/banks-bad-debts-rise-again Tue, 19 Mar 2013 13:09:00 +0100 banks-bad-debts-rise-again