Chief Correspondent, Reuters Spain
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Feb 3, 2011

Germany strongly backs Spain’s crisis measures

MADRID, Feb 3 (Reuters) – German Chancellor Angela Merkel
said on Thursday Spain was on the right road with its crisis
measures and pledged the euro zone would take crucial steps by
March to strengthen economic stability.

“Spain has really done its homework now and therefore I
believe Spain is now on a good path,” Merkel said at a joint
news conference with Spanish Prime Minister Jose Luis Rodriguez
Zapatero in Madrid after a summit between the two leaders.

Jan 10, 2011

Spanish government rejects ETA ceasefire move

MADRID (Reuters) – The Spanish government rejected a permanent cease-fire declared by the Basque separatist group ETA on Monday, saying it did not go far enough and warning that the search for peace was a process that would take time.

ETA, which has killed more than 850 people in its half-century armed struggle for an independent state in northern Spain and southwest France, has been crippled by arrests and Basques’ rising support for more peaceful methods.

Jan 10, 2011

Basque separatists ETA call permanent ceasefire

MADRID (Reuters) – Basque separatist group ETA called a permanent ceasefire on Monday, Basque regional newspaper Gara said on its website, three months after the weakened group announced a halt to armed attacks.

ETA, which has killed more than 850 people in half a century of armed struggle for an independent state in northern Spain and southwest France, has been crippled by arrests and a rise in support among Basques for peaceful methods.

Dec 15, 2010

Spain receives debt warning before EU summit

MADRID/BERLIN (Reuters) – Ratings agency Moody’s warned Spain on Wednesday that its debt could be downgraded and Portugal took steps to revive its economy amid concerns about euro zone debt contagion on the eve of a European Union summit.

Moody’s said it was worried about Spain’s high debt funding needs, its heavily indebted banks and its regional finances, but it did not expect Madrid would have to follow Greece and Ireland in seeking an EU bailout.

Dec 15, 2010

Spain gets debt warning before EU summit

MADRID/BERLIN (Reuters) – Ratings agency Moody’s warned Spain on Wednesday its credit rating could be downgraded, highlighting concerns about euro zone debt contagion on the eve of a European Union summit.

Moody’s said it was concerned about Spain’s high debt funding needs, its heavily indebted banks and its regional finances, but it did not expect Madrid would have to follow Greece and Ireland in seeking an EU bailout.

Dec 15, 2010

Spain on watch ahead of EU summit

MADRID/BERLIN (Reuters) – Ratings agency Moody’s warned Spain it could be downgraded and frustration at Germany and France over their handling of the euro zone debt crisis boiled over on Wednesday, ahead of a European Union summit.

Moody’s said it was concerned about Spain’s high funding needs and its indebted banking sector, but that it did not expect Madrid to have to resort to an EU bailout like Greece and Ireland. The euro briefly weakened on the news.

Dec 15, 2010

Spain on watch; divisions emerge ahead of EU summit

MADRID/BERLIN, Dec 15 (Reuters) – Ratings agency Moody’s
warned Spain it could be downgraded and frustration at Germany
and France over their handling of the euro zone debt crisis
boiled over on Wednesday, ahead of a European Union summit.

Moody’s said it was concerned about Spain’s high funding
needs and its indebted banking sector, but that it did not
expect Madrid to have to resort to an EU bailout like Greece and
Ireland. The euro briefly weakened on the news. [ID:nL3E6NF0D8]

Dec 1, 2010

Spain cannot defy markets without ECB support

MADRID (Reuters) – Spain cannot defy markets that are betting on a rising default risk, without the heavy artillery of the European Central Bank behind it.

The spread of the fast-paced crisis could drag the euro zone’s No. 4 economy into the same unsustainable debt spiral that has swallowed Greece and Ireland and threatens Portugal.

Dec 1, 2010

Analysis: Spain cannot defy markets without ECB support

MADRID (Reuters) – Spain cannot defy markets that are betting on a rising default risk, without the heavy artillery of the European Central Bank behind it.

The spread of the fast-paced crisis could drag the euro zone’s No. 4 economy into the same unsustainable debt spiral that has swallowed Greece and Ireland and threatens Portugal.

Nov 26, 2010

Spain pledges more bank health checks, debt updates

MADRID, Nov 26 (Reuters) – Spain said it will publish
results of extra health checks on its banks next spring and give
monthly updates on its public debt, offering concessions to
markets focused firmly on fears Europe’s debt crisis may spread.

But despite investor unease continuing to push up its debt
costs, the country would resist pressures to accelerate fiscal
reforms, a source at the prime minister’s office said.

    • About Fiona

      "Fiona Ortiz is Reuters' chief correspondent for Spain. She has also lived and worked as a journalist in Argentina, Chile, Mexico, Costa Rica, Guatemala and Portland, Oregon."
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