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Latest news in Spain

New Greece suicides; Spain mulls superbank

25 May 2012

MADRID, May 25 (UPI) -- Spain mulled creating a state-owned superbank to absorb failing banks, while in Athens a financially ruined man and his 90-year-old mother committed suicide.

Spain's Bankia shares suspended: regulator

25 May 2012

MADRID (Reuters) - Trading in the securities of Spanish lender Bankia has been suspended "due to circumstances that may affect the normal share trading," stock market regulator CNMV said on Friday. Bankia will ask the state for more than 15 billion euros ($19 billion) to bail it out when its new management team presents a restructuring plan on Friday, a financial sector source said late on ...

Spain to close up to 30 state-run airports

24 May 2012

Spain is to partially close 30 of the nation's 47 state-run airports in an attempt to reduce the costs of its "white elephants" built throughout the nation during the boom years.
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