Tag Archives: Spain bailout

Euro rises as Spain bailout comes closer after Rajoy election majority

Spain held regional elections over the weekend, resulting in Prime Minister Mariano Rajoy winning a majority in his home region of Galicia, in the northeastern region of Spain. Rajoy’s People’s Party was victorious over the Socialist party which lost almost half of their votes, while Rajoy’s party won 41 of the 75 seats in parliament. By winning a majority of seats in parliament,...

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October 22, 2012 @ 9:19 am

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Euro rises as Spain bailout comes closer after Rajoy election majority

Spain held regional elections over the weekend, resulting in Prime Minister Mariano Rajoy winning a majority in his home region of Galicia, in the northeastern region of Spain. Rajoy’s People’s Party was victorious over the Socialist party which lost almost half of their votes, while Rajoy’s party won 41 of the 75 seats in parliament. By winning a majority of seats in parliament, this...

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October 22, 2012 @ 9:19 am

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Euro hits 5-mth high vs. Yen after Spain bond auction

Euro was boosted after a successful Spanish government bond auction today where more than the targeted amount was met, helping Spain’s borrowing costs to fall as bond yields eased lower after the sale. The news comes after a report earlier this week said Moody’s kept Spain’s credit rating at investment grade and held off from downgrading it to junk status. Immediately after the...

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October 18, 2012 @ 1:10 pm

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Euro hits 5-mth high vs. Yen after Spain bond auction

Euro was boosted after a successful Spanish government bond auction today where more than the targeted amount was met, helping Spain’s borrowing costs to fall as bond yields eased lower after the sale. The news comes after a report earlier this week said Moody’s kept Spain’s credit rating at investment grade and held off from downgrading it to junk status. Immediately after the Spain...

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October 18, 2012 @ 1:10 pm

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