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Tag: Spain

Spain Producer Price Inflation Rises Sharply In August

Sep 25 2012 08:01:02 in Market

Spain's industrial producer price inflation nearly doubled in August from the previous month, data released by the statistical office INE showed Tuesday. The producer price index rose 4.1 percent, after climbing 2.6 percent in July. It was the fastest rate since March. Read more

Spain Bond Yields Fall On Rescue, ECB Hopes

Sep 20 2012 13:01:02 in Market

Spain conducted a successful bond auction on Thursday, with borrowing costs falling amid hopes the country will request aid paving the way for the European Central Bank to purchase sovereign debt. Read more

Spain Bond Sale Exceeds Target, Yields Fall

Sep 20 2012 11:01:03 in Market

Spain sold more debt than originally planned at lower cost on Thursday in the first bond auction the country held after the European Central Bank announced its new bond purchase plan earlier this month. The Spanish Treasury raised EUR 4. Read more

Spain Borrowing Costs Decline Despite Bailout Uncertainty

Sep 18 2012 13:01:02 in Market

Spain's borrowing costs declined on Tuesday in the first debt auction since the European Central Bank announced plans to buy peripheral bonds earlier this month. Read more

European Shares Settles Lower As Focus Turns to Spain

Sep 17 2012 16:31:02 in Market

European shares settled lower on profit booking, market await for further progress in crisis-hit Spain before committing more money to the recent rally. The euro zone blue chip Euro STOXX 50 index was 0.5 pct lower at 2,582. Read more

Moscovici : Spain Must Decide for Itself to Seek International Aid

Sep 17 2012 15:31:02 in Market

Spain should decide for itself whether to seek an international aid but the means are in place to help the country if it wants - Pierre Moscovici, French Finance Minister "This is a matter of sovereignty and we do not decide for the Spanish government," and said "We are available, the tools ex... Read more

Spain Car Sales Fell 28 Pct So Far in Sept After the Vat Hike

Sep 17 2012 13:01:03 in Market

Spain sold 27.6 pct less cars so far in Sep to 12,300 units after the price of the average car rose by 650 euros on Sept. 1 Spain's govt hiked VAT on most items to 21 pct as of Sept as part of a drive to slash 65 bln euros from the public deficit by the end of 2014. Car sales rose 3. Read more

Research: Spain Still Likely to Enjoy the Benefit of the Doubt at This Week's Auction

Sep 17 2012 09:31:02 in Market

Quotes from Societe Generale Cross Asset Research: -The Spanish 10Y is now back below 6.0% and if it remains unchanged at current levels, the 2012 average will clock in at 5.9%, modestly above the 5.4% for 2012 forecast in the Spanish Stability Programme. Read more

IMF, ECB Deny Spain Bailout Talks

Sep 14 2012 14:31:02 in Market

The International Monetary Fund and the European Central Bank have denied a newspaper report that suggested they are in talks over a EUR 300 billion bailout for Spain. Read more

Spain to Present New Set of Reforms by End Sept to Meet Targets - Eu's Rehn

Sep 14 2012 12:01:05 in Market

Spain govt will announce new measures by end of Sep that is aimed to meet 2012 budget deficit targets, EU's Rehn said Spain is ready to take the necessary action to meet the fiscal targets, which are certainly in reach - Luis De GUindos, economy Minister De Guindos also informed the Eurogroup ... Read more

ECB Bulletin: Spain, Italy Debt Sustainable If Fiscal Targets Attained

Sep 13 2012 11:31:10 in Market

The debt-to-GDP ratio would be sustainable and fall at some point for both Spain and Italy, if the countries successfully achieve their fiscal consolidation targets, the European Central Bank said in its monthly bulletin released Thursday. Read more

Spain Consumer Prices Advances As Expected, up 2.7 Pct Y/y in Aug

Sep 12 2012 08:01:03 in Market

Spanish national consumer prices rose 2.7 pct y/y in Aug, compared to 2.2 pct in July - National Statistics Institute reported Spanish EU-harmonized prices rose 2.7 pct y/y up from 2.2 pct in July and also in line with the estimates Spain's Core inflation was 1. Read more

Spain Residential Property Transfers Decline In July

Sep 11 2012 12:01:02 in Market

Registered merchanding of residential properties in Spain decreased 2.5 percent on an annual basis in July, data released by statistical office INE showed Tuesday. Transfers of both free dwellings as well as protected housing decreased by 2.5 percent each compared to last year. Read more

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