Spain is pinning its hopes on EU recovery funds to boost its economy, but it faces a number of challenges.
Western Europe
Latest articles from Spain
Bankia-CaixaBank tie-up shows how size matters
March 22, 2021José Ignacio Goirigolzarri, executive chairman of CaixaBank, on coming out of retirement to help the Spanish economy out of a tricky situation.
Spanish banks on consolidation trail
March 1, 2021Spanish banks have exhibited resilience in the face of the pandemic, but an uncertain future is leading many to seek mergers.
Tourism slump deals Spain a body blow
March 1, 2021Spain is reeling from a huge drop in tourism revenues as a result of the pandemic.
Spain pushing ahead with post-pandemic reforms
February 12, 2021Digital and green reforms are central to recovery plan, says economy minister Nadia Calviño.
Consolidation in Spain: Unicaja-Liberbank tie-up adds to trend
January 11, 2021Merger set to create Spain’s fifth largest bank and follows approval of union between Bankia and CaixaBank.
Spanish banks 'face asset quality slump’ in 2021
November 5, 2020Government support has mitigated credit risks but impact of Covid-19 second wave likely to ramp up pressure on lenders, says DBRS Morningstar.
Behind the numbers in Spain's banking mega-merger
October 2, 2020CaixaBank-Bankia union will create country's biggest bank with 20 million customers and 24% market share in deposits.
Spanish banks reap benefits from online presence
July 13, 2020Spanish banks adapted to crisis quickly – but most acknowledge it will hit profitability.
A sunny future for Spain's banks?
July 2, 2019A low interest rate environment, the cost of digitisation and competition from disruptors are all squeezing Spanish banks’ profitability but the general feeling is one of cautious optimism.