Socialist members of the Spanish parliament applaud leader of the Spanish Socialist Party (PSOE) and candidate for prime minister Pedro Sanchez   in Madrid. Photograph: Pierre-Philippe Marcou/AFP/Getty Images

After the EU leaders’ summit in Brussels ended last night, reporters asked Spanish acting prime minister Mariano Rajoy if he intended to contact Pedro(...)

The government’s debt-to-GDP targets are 98.5 per cent for 2016

Spain’s public debt neared 100 per cent of economic output in 2015, according to data released by the Bank of Spain on Wednesday and preliminary data(...)

Luis de Guindos: the narrowing gap will allow the government to trim net debt issuance to €53bn. Photograph: Simon Dawson/Bloomberg

Spain’s improving public finances mean it will issue less net debt than expected this year, its economy minister said today, as the country auctioned (...)

Head of the eurogroup Jeroen Dijsselbloem: “A lot of trust had been lost . . . it has to be rebuilt.”  Photograph: Thierry Charlier/AFP/Getty Images

  Negotiations on a third bailout for Greece will take at least four weeks, the head of the eurogroup of finance ministers predicted yeste(...)

European Commission vice-president Valdis Dombrovskis: European taxpayers had offered “unprecedented financial assistance” to Greece. Photograph: François Lenoir/Reuters

Euro zone finance ministers and leaders gather in Brussels today for a series of emergency meetings on Greece that are likely to prove decisive in th(...)

Spain’s economy   minister Luis de Guindos says Spain’s economy  is in good shape. Photgraph: Andrea Comas/Reuters

Spain is one of the countries where the Greek crisis is being most keenly followed, due to its own economic characteristics which in the past have mad(...)

Greek finance minister Yianis Varoufakis listens to prime minister Alexis Tsipras in Athens on Tuesday. Photograph: Louisa Gouliamaki/AFP/Getty

The standoff between Greece and its creditors intensified yesterday as Greek prime minister Alexis Tsipras accused the International Monetary Fund o(...)

Greek prime minister Alexis Tsipras gestures before his speech during a parliament session in Athens yesterday. Photograph: Reuters

Greece’s latest round of reform proposals have so far failed to satisfy creditors, with discussions set to continue with its international lenders (...)

Banco Madrid kept the doors of its branches closed on Monday as it emerged the lender had ceased all financial operations and requested a creditors’ meeting. Photograph: Andrea Comas/Reuters

The future of Spanish lender Banco Madrid is in the balance after it filed for bankruptcy following a deposit run sparked by a money-laundering inv(...)

Talks have begun on a third bailout for Greece worth €30 billion-€50 billion, the Spanish economy minister has announced.“We are negotiating a third r(...)