The European Commission will send a series of warnings to Spain, Italy, Finland, Romania and Belgium today (8 March) because of their “serious” deviations from agreed-on fiscal paths, EURACTIV.com has learned.
The Spanish economics minister, Luis de Guindos, announced yesterday (9 November) that the OECD expects Spain to meet its fiscal-discipline objectives this year and next, as does the government itself. EURACTIV's partner EFE reports.
Spain and Cuba yesterday (2 November) reached agreeed to refinance the island's short-term debt, signing several accords during the visits of Spanish Economy Minister Luis de Guindos and Industry Minister José Manuel Soria.
The European Commission decided on Tuesday (6 October) to postpone a negative opinion on the Spanish budget for 2016, contradicting Economic and Taxation Affairs Commissioner Pierre Moscovici, who had told the press otherwise.
The European Parliament's TAXE committee interviewed the French, Italian, German and Spanish finance ministers on 22 September. They promised to work quickly to adopt the Tax Rulings Directive. EURACTIV France reports.
After Jeroen Dijsselbloem defeated Luis de Guindos to lead the Eurogroup on Monday (12 July), Spain is confronted by its lowest level of representation in the institutions since it first joined the European Union in 1986. EURACTIV Spain reports.
Greece will vote on its future in the eurozone on Sunday (5 July). If such a poll were to be conducted across the EU, it is far from certain that a majority would back further concessions to Athens as the price for keeping the Union intact. The EURACTIV Network reports.
Spanish Finance Minister Luis De Guindos rejected Greek Prime Minister Alexis Tsipras’ claim that he saw Spanish leader Mariano Rajoy 'looking nervous' as EU Heads of State discussed the Greece crisis at an EU Council Summit last week.
Germany will back Spanish Economy Minister Luis de Guindos as the next head of the Eurogroup of eurozone finance ministers, replacing the Dutch finance minister, Jeroen Dijsselbloem, Chancellor Angela Merkel said on Monday (25 August).
Spain will hold off on selling more of its controlling stake in lender Bankia until the results of Europe-wide bank stress tests in October, Economy Minister Luis de Guindos said in an interview published on Sunday.
The Spanish government wants to have an important portfolio in the next European Commission. Although it seemed that candidate commissioner Miguel Arias Cañete would aim at Agriculture, because of his background, it is also possible that he or another candidate would take an economic portfolio. EURACTIV Spain reports.
Madrid announced on Tuesday (29 January) that it had beaten revenue targets for 2012 as tax hikes offset a shrinking economy, moving the country further away from an EU-IMF sovereign bailout which seemed unavoidable a few months ago.
Is Spain next in line for a Greek style bail-out? Spanish Finance Minister Luis de Guindos does't think so, at least not for the moment.
Spain is at the center of a financial storm as markets pushed the cost of its bonds to soar above 6%. In a bid to calm the markets and keep Brussels happy, the Spanish government on Tuesday announced a 10 billion euro slash in its public spending. The European commission welcomed the move, which comes on top of 78 billion euros in cuts presented in March.