June 9, 2012 Spanish and euro zone officials announced their intentions after a three-hour emergency conference call on Saturday. If they make good on it, Spain will be the fourth – and largest — member of the 17-nation euro zone to receive outside help as Europe's debt crisis marches on.
June 8, 2012 One day after seeing its sovereign debt downgraded to just above junk status, Spain is dealing with reports that it's about to ask the other eurozone nations to help rescue its beleaguered banks.
May 30, 2012 As Spain's borrowing costs continue to go through the roof, the European Commission proposes a "banking union" for the 17-country eurozone. The plan would include a fund to protect individual governments from being overwhelmed by the cost of bank rescues.
May 14, 2012 Txokos are bustling, food-centered social clubs, somewhere between dinner party and fraternal lodge. And Basques often point to txokos to explain their renowned cuisine and wealth of Michelin-starred restaurants like Arzak and Mugaritz.
May 1, 2012 Less austerity is the flavor of the week. What happens if bond investors don't bite?
April 26, 2012 Standard & Poor announced it was downgrading Spain's long-term sovereign credit rating by two notches – from "A" to "BBB+." The agency also lowered the country's short-term sovereign credit rating to "A-2" from "A-1," and said the outlook on the long-term rating is negative.
July 29, 2011 A Spanish bank wants a loan from the European Central Bank. As collateral they're pledging two of the world's biggest soccer stars.
July 11, 2010 Spain won its first World Cup championship in its first appearance in the final match.
January 5, 2010 There's a hacker out there who thinks the Prime Minister of Spain looks like a celeb from across the pond. Guess who?