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Spanish Government Notorious for Dodgy Bookkeeping

Spanish Government Notorious for Dodgy Bookkeeping

If you are confused over Spain’s economic prospects you are in good company. Across all economies experts send out mixed signals. This is because they can only work with conflicting analysis based on unreliable information supplied by government offices...
Spanish Banks Exposed to Stress Tests

Spanish Banks Exposed to Stress Tests

The BBVA and Santander – two leading banks of Spain, need to raise a sum of £9 Billion according to the City analysis report. Just a few days ago, these two banks were declared as one of the best banks in Europe, by the governor of the Bank of Spain. Later...
Spanish banks assets continue to slide

Spanish banks assets continue to slide

The Spanish banks are going to need additional funds amounting to €57 billion
Are high street estate agencies history?

Are high street estate agencies history?

Few of us would think of walking into a bank rather than an estate agent when looking for a new home. Not doing so could be a mistake. Spain’s banks, including savings banks known as cajas, have more properties on their books than do the estate agents...
Costa del Sol car rental companies in despair

Costa del Sol car rental companies in despair

As the financial crisis takes its toll on the travel and tourism industry
Financial crisis: 800 bank offices to close by 2010

Financial crisis: 800 bank offices to close by 2010

The main banks in Spain have given in to the Bank of Spain’s
Spanish savings banks on the verge of collapse

Spanish savings banks on the verge of collapse

Spanish savings banks have requested increased government aid to avoid
Caixa Catalunya sells 120 branches

Caixa Catalunya sells 120 branches

In December, Caixa Catalunya announced that it will sell 824 branches of its 1200 commercial premises
Spain’s La Caixa plans to close 250 branches

Spain’s La Caixa plans to close 250 branches

We recently reported on the Caixa Catalunya selling 824 of its branches. Not even a month later, LaCaixa, Spain’s largest savings bank announces
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