Bailed-out Spanish banking giant Bankia suffered a loss of 19 billion euros ($25 billion) in 2012, it said in an earnings statement Thursday.
It said the losses were as expected after the Spanish government nationalized Bankia in May, turning it into a symbol of Spain's banking collapse.Full Story
Spaniards furious at hardship and corruption scandals in the financial crisis massed in cities across the country on Saturday in a "citizens' tide" of protests.
Thousands converged in central Madrid in a din of drums and whistles, in one of scores of demonstrations called by a grouping of civil movements.Full Story
Basques from Spain and France on Saturday formally launched a new pro-independence party, Sortu, born from the ashes of Batasuna which was outlawed for links to armed separatists ETA.
About 300 delegates from the Basque regions of Spain and France elected leaders for the left-wing party at a congress in the northern Spanish city of Pamplona.Full Story
Spanish King Juan Carlos's son-in-law Inaki Urdangarin worked on Saturday to distance the royal family from a corruption scandal that has struck at the heart of the palace.
Urdangarin, husband of the king's youngest daughter Cristina, was questioned by a judge investigating allegations that he embezzled millions of euros of public money paid to Noos, a charity he managed.Full Story
When King Juan Carlos appeared at a recent basketball game in front of thousands of subjects, he was greeted by persistent heckling and whistling. It was an unprecedented spectacle in a nearly four-decade reign over which the monarch has basked in the nation's love and respect.
What happened? The immediate cause is a corruption scandal engulfing Juan Carlos' son-in-law, Inaki Urdangarin, which has angered Spaniards in a time of crushing austerity. But the aging Juan Carlos himself has seemed increasingly out of touch with his people as they try to keep afloat in Europe's economic storm.Full Story
Public workers, small political parties and non-profit organizations will stage protests Saturday against government austerity measures in dozens of Spanish cities, with the biggest demonstration expected to be held in Madrid.
Nurses, doctors, students, miners and members of Spain's "indignant" movement against economic inequality are set to join in the so-called "citizens' tide" against the steep spending cuts and tax hikes imposed by Prime Minister Mariano Rajoy's conservative government to slash the public deficit.Full Story
Spain's Prime Minister Mariano Rajoy declared Wednesday he had saved the country from economic disaster and vowed to crack down on corruption, in his first state of the nation address as he fended off a party slush-fund scandal.
The conservative 57-year-old leader lamented Spain's jobless queue of nearly six million people and a jobless rate of more than 26 percent, but vowed to press ahead with his program of budget restraint and economic reforms.Full Story
Spain manager Vicente del Bosque has described Real Madrid boss Jose Mourinho's management style as 'aggressive' and far different to his own.
Del Bosque, a former Madrid manager and the man in charge when they last won the European Cup in 2002, did though reject the idea that he was missed by his old club. "There are many varying factors like the character and personality of the coach," he told an event hosted by Marca Espana, a political body that promotes the image of Spain at home and abroad.Full Story
Thousands of Spanish doctors, nurses and other health care workers, many wearing white lab coats, demonstrated Sunday in 16 cities against budget cuts and plans to partly privatize medical services.
Several thousand people marched to Madrid's central Plaza de Cibeles from 27 hospitals in the region, waving signs that read "Your health is being sold" and "Cutting back on health care is a crime".Full Story
Spanish police and Europol, the European Union's police coordination agency, have busted a global cybercrime operation that infected millions of computers, a source in the investigation told Agence France Presse.
The network used malicious software to block computers and send a message claiming to be from police demanding the user pay a fine for allegedly accessing child pornography sites, the source said.Full Story