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Morocco arrests suspected militant involved in French plot

RABAT Moroccan authorities have arrested a suspected militant accused of acting as an intermediary between Islamic State commanders and a cell dismantled by French authorities last month, the Interior Ministry said on Saturday.


Banco Popular shake-up opens door to overdue Spanish mergers 02 Dec 2016

MADRID The ouster of Banco Popular's chairman could mark it out for a potential takeover and trigger another round of mergers in Spain's banking sector, five years after the European financial crisis caused an earlier wave of consolidation.


Spain expands deadline to privatise Bankia by two years - government source 01 Dec 2016

MADRID The Spanish government will pass a law on Friday giving it until end-2019 to privatise state-rescued lender Bankia in order to recoup the most possible from its injection of funds as part of a 2012 bailout, a government source said on Thursday.


Spain's Banco Popular to replace chairman after shareholder revolt 01 Dec 2016

MADRID Banco Popular , regarded as the weak link in Spain's banking sector, is to replace Chairman Angel Ron after shareholders rebelled over his lacklustre progress in cleaning up 30 billion euros (25.19 billion pound) in toxic assets. | Video


Spanish court to grill billionaire Villar Mir over contract rigging allegations 29 Nov 2016

MADRID Spanish billionaire and former finance minister Juan Miguel Villar Mir will face questioning by a judge over alleged irregularities in the award of a hospital construction contract to his real estate conglomerate, a court said on Tuesday.


Spanish Civil War ruins offer lesson on cost of conflict 29 Nov 2016

BELCHITE, Spain Almost 80 years ago Tomas Ortin fled under the cover of night from his home in the small town of Belchite on Spain's northern plains to escape with hundreds of others from one of the bloodiest battles of the country's civil war.


Basque Country leader to push for more autonomy from Spain 24 Nov 2016

MADRID The Basque Country will seek more autonomy from Spain, its regional government chief said as he was sworn in for a second four-year term on Thursday, potentially putting him on course for a showdown with Madrid.


Scandal-tainted 'mayoress of Spain' dies under graft cloud 23 Nov 2016

MADRID Rita Barbera, a scandal-tainted stalwart of Spain's ruling People's Party (PP) and mayor of the Mediterranean city of Valencia for 24 years, died of a heart attack in Madrid on Wednesday in a hotel near parliament.


Caixabank could face legal row over BPI bid - shareholders 22 Nov 2016

LISBON Spain's Caixabank could face a new obstacle in its pursuit of BPI after minority shareholders in the Portuguese lender threatened a legal challenge to its sale of a stake in its Angolan business.


Spain's Rajoy gets taste of challenges ahead as opposition unites 16 Nov 2016

MADRID Spain's opposition parties have scored their first victory against newly reinstated Prime Minister Mariano Rajoy, paralysing an education bill, in a taste of the challenges he will face in his second term.


Greek PM, France's Hollande discuss Greek bailout review, Cyprus

ATHENS Greek Prime Minister Alexis Tsipras and French President Francois Hollande agreed that a deal on Greece's bailout review must be reached by Monday, when euro zone finance ministers are meeting in Brussels, Tsipras' office said on Saturday.