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Bankia makes a profit as stress tests loom – economy

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2 years ago

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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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Von der Leyen’s trip to Kyiv concludes with an EU-Ukraine drone deal

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14 minutes ago

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July 17, 2026

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Ursula von der Leyen’s trip to Kyiv concludes with an EU-Ukraine drone deal, the first of its kind.

The European Commission president also spoke about accession and hinted at what might be next, as Jorge Liboreiro reports for #EuropeToday.

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Latest news bulletin | July 15th, 2026 – Morning

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2 hours ago

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July 17, 2026

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Latest news bulletin | July 15th, 2026 – Morning

Catch up with the most important stories from around Europe and beyond this July 15th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.

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National sovereignty equals ‘sending gifts to US and China’, former Italian PM Letta tells Euronews

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4 hours ago

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July 17, 2026

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National sovereignty equals ‘sending gifts to US and China’, former Italian PM Letta tells Euronews

The former Italian prime minister tells Euronews that, to be able to compete with Washington and Beijing, the EU must keep a united front, adding that “the true battle is for European sovereignty”.

READ MORE : http://www.euronews.com/2026/07/14/national-sovereignty-equals-sending-gifts-to-us-and-china-former-italian-pm-letta-tells-eu

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Latest news bulletin | July 5th, 2026 – Morning

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5 hours ago

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July 17, 2026

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Latest news bulletin | July 5th, 2026 – Morning

Catch up with the most important stories from around Europe and beyond this July 5th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.

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“It’s freedom”: Border residents react to end of Gibraltar-Spain checks

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6 hours ago

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July 17, 2026

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“It’s freedom”: Border residents react to end of Gibraltar-Spain checks

Routine border checks between Spain and Gibraltar have ended, allowing thousands of daily commuters to cross more easily. While many welcome shorter journeys and greater freedom, others remain cautious about the long-term impact.

READ MORE : http://www.euronews.com/2026/07/16/its-freedom-border-residents-react-to-end-of-gibraltar-spain-checks

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