Topic: Mariano Rajoy

Spain capital flight doubles as risk of European bailout rises (+video)

Capital flight from Spain has doubled to a new record and the country has demanded the European Central Bank recapitalize its teetering financial system, warning that the alternative is a broader bailout that could rock the European economy.

EU still looking for way forward on Greece, growth, and euro zone

The latest summit in Brussels concluded with wide agreement that something needs to be done but with little consensus on what to do.

Euro debt crisis: Is Spain the new Greece?

After falling, stocks recover from Europe elections

Stock markets recovered around the world following an early stumble caused by election results in France and Greece that appeared to jeopardize Europe's plans for fighting its debt crisis.  In the US, the Dow finished the day down 29 points at 13,008.

May Day: Around the world, anger and fear

Continuing economic turmoil around the globe gave this year's May Day rallies an undertone of angry class conflict.

Argentina's move to nationalize oil firm YPF highlights Spain's decline

Spain used to be one of the most powerful economic forces in Latin America, but now it's struggling to punish Argentina for nationalizing a Spanish-owned oil producer.

Euro debt crisis: Is Spain the new Greece?

Spain has become the focal point for Europe's debt crisis. But Spain isn't Greece. It's better – and worse.

Spain leader vows hard line as hundreds of thousands protest austerity

Fed-up Spaniards took to the streets in a national strike Thursday, as Prime Minister Mariano Rajoy struggled against waning political support for his unpopular economic policies. 

Europe to Germany: your eurocrisis 'answers' don't work for us

As prosperous Germany reshapes Europe's fiscal operating system to fit the German doctrine of austerity, questions and warnings are on the rise.

Spain leads Europe's rebellion against German austerity

Prime Minister Mario Rajoy told EU officials that Spain would not meet its deficit target for 2012. Other countries, struggling to avoid further recession, may follow suit. 

EU leaders sign treaty to enforce fiscal discipline as Spain rebels

Spain told European Union leaders as they gathered to sign a fiscal treaty that it couldn't meet the deficit targets set by the EU for the upcoming year. 

As austerity bites hard, a once pliant Spain revolts

Spaniards initially accepted aggressive austerity as necessary, but tens of thousands are now turning out in the streets to protest measures they say have gone too far.

Spain's new conservative leaders make rapid push to overturn liberal laws

The speed with which Spain's conservative People's Party has pursued social reforms has stunned many Spaniards, who expected the government to wait until the economy improved. 

Spain, Italy on the mend? Investors make it easier to borrow

Spain and Italy hit their borrowing targets today, benefiting from favorable lending rates that signal eurozone investors' cautious confidence. 

Rajoy, Spain's new PM, warns of tough economic road ahead

Spain's new prime minister Mariano Rajoy was sworn in today amid muted optimism that he can make the tough economic reforms that the eurozone wants.

US stocks fall sharply after ECB inaction

US stocks were down near session lows in midday trading. The European Central Bank's announcement that it had no large-scale bond-buying plan undercut enthusiasm for US stocks.

Spain speaks: conservative opposition wins in landslide victory (video)

Spain overwhelmingly voted for new leadership to lead the climb out of economic crisis. Prime Minister-elect Mariano Rajoy has warned of more austerity measures. 

In Spain, Pope Benedict XVI lambasts 'aggressive secularism'

Pope Benedict XVI tried to rally loyalists against 'aggressive secularism' this weekend during a visit to the traditional Catholic stronghold of Spain.

Mallorca target of Spain's second attack in two days

Two policemen were killed, prompting Spain to briefly seal off its largest island. ETA separatists are key suspects, though the attackers are still not known.

In Spain's elections, Socialists win with liberal appeal

Prime Minister Zapatero's party is likely to build on the sweeping reforms of the last four years, which have riled conservatives and the Roman Catholic church.

In Spanish election, economy eclipses issues like gay marriage

Until recently, Sunday's vote looked set to be a referendum of sorts on Zapatero's sweeping Socialist reforms.