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Bankia makes a profit as stress tests loom – economy

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Bankia – the symbol of Spain’s financial crisis – has announced some good news – its income from…

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http://www.euronews.com/2013/10/28/bankia-makes-a-profit-as-stress-tests-loom
Bankia – the symbol of Spain’s financial crisis – has announced some good news – its income from loans rose last quarter as it made a 362 million net profit for the first nine months of 2013.

That comes one year after its bailout plunged Spain into financial crisis and it will strengthen the Madrid government’s case that it does not need to extend a 41 billion-euro EU bank bailout deal which expires at the end of the year.

Bankia – and the country’s other financial institutions – are about to face stress tests with the European Central Bank checking their loan books to see if they could stand major shocks.

Spain’s Central Bank Governor Luis María Linde is very relaxed about that. He said: “We want an exercise that’s transparent, that is rigorous, that gives confidence to the markets. And we are not worried about the stress tests of our banking system.”

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Latest news bulletin | July 10th, 2026 – Morning

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July 16, 2026

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Latest news bulletin | July 10th, 2026 – Morning

Catch up with the most important stories from around Europe and beyond this July 10th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.

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Grand Voyager | Exploring Budapest

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July 16, 2026

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Grand Voyager | Exploring Budapest

In 2025, Budapest welcomed a record eight million visitors, making it one of Central Europe’s most popular destinations. So what is it about this city that attracts so many travellers?

In partnership with Media City

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US launches strikes on Iran for third straight night as Trump says deal still ‘possible’

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July 16, 2026

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US launches strikes on Iran for third straight night as Trump says deal still ‘possible’

Following the latest US strikes, the UAE said Iran attacked two ships in the Strait of Hormuz with missiles, as Iran said it carried out strikes on Bahrain.

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Targeting Patriarch Kirill risks fuelling EU scepticism, Bulgarian foreign minister warns

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July 16, 2026

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Targeting Patriarch Kirill risks fuelling EU scepticism, Bulgarian foreign minister warns

Velislava Petrova-Chamova told Euronews that the EU’s sanctions against Russia should have a financial impact and not be a symbolic instrument – and that this, among other reasons, is why Sofia championed the removal of the head of Russia’s Orthodox Church from the 21st sanctions package.

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Latest news bulletin | July 16th, 2026 – Evening

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July 16, 2026

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Latest news bulletin | July 16th, 2026 – Evening

Catch up with the most important stories from around Europe and beyond this July 16th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.

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