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Spain may face sanctions as Brussels starts proceedings over budget

Failure to comply with budget obligations could lead to heavy fines

Spain avoids EU sanctions over missed deficit targets

Spain´s deadline to fix its public finances has been moved to the end of this year

Spain faces ‘toxic’ EU punishment for missing deficit targets

The decision comes at an awkward time given Spain´s political deadlock

European Commission warns Spain about 2015/2016 deficits

Spanish Prime Minister Mariano Rajoy has defended his economic record

House prices in Spain continue to plummet

Nearly a quarter of homeowners owe more money than their properties are worth

Spain’s Royal family takes pay cut

The royals took the cut as a gesture of solidarity with public sector workers

New deficit target for Spain

Spanish Government ordered to make 'additional effort' to cut deficit for 2012

Rajoy announces €8.9 billion of cuts and tax increases

Rajoy announces his first set of measures to address a predicted eight per cent budget deficit for 2011

Rajoy promises deep public spending cuts as Spain’s economic outlook ‘couldn’t be darker’

In first address to new parliament PP leader reveals plans to introduce a freeze on public-sector jobs, move public holidays to Mondays, stop early retirements and cut the deficit by 16.5 billion euros

Euro boost as Spain sells debt

Spain's deficit is finally shrinking, after two years of recession
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