Wednesday

24th May 2017

Ticker

Spain formally exits bank bailout program

As announced in November, Spain on Thursday formally exited the bank bailout program it entered in exchange for a €41.3 bn loan from European partners in July 2012. Meanwhile Spain's unemployment rate rose to 26.03% in the fourth quarter, the second highest unemployment rate in the EU after Greece.

News in Brief

  1. Pressure grows on climate impact of EU timber harvesting
  2. US goes after Fiat Chrysler over emissions cheat
  3. Munich police break up Europe-wide burglar clan
  4. Report: VW threatened with €19.7 billion French fine
  5. Turkey begins mass trial of suspected coup leaders
  6. Merkel's CDU consolidates lead in polls
  7. France to host Russian president
  8. Switzerland votes against nuclear power

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