NATO allies are expected to agree on a historic defense spending pledge on the last day of the alliance’s summit, currently ...

NEW YORK, June 25. /TASS/. The Spanish government considers an annual defense spending level of 2.1% of GDP to be sufficient, in contrast to the 5% target proposed by other NATO countries, Spain’s ...

BBVA's acquisition of Sabadell faces a significant delay, as the Spanish government has mandated atleast three-year wait period before the two entities can integrate their operations. This condition ...

Nato leaders are meeting in The Hague to decide on ramping up defence spending to 5% of their countries' economic output, ...

The Spanish government has imposed a three-year delay on BBVA’s ability to integrate operations with Banco Sabadell as a condition on its €14bn hostile takeover bid, in a move that could derail the ...

The higher defence spending goal was in response to a demand by US President Donald Trump. Read more at straitstimes.com.

The Council of Ministers has made the operation contingent on BBVA maintaining Sabadell as an independent entity for three ...

Spain's Economy Minister Carlos Cuerpo discusses the country's defense spending plans as NATO leaders meet in The Hague for a ...

Spanish Economy Minister Carlos Cuerpo said on Wednesday his country does not expect any repercussions from its refusal to ...

Spain's BBVA must wait three years to integrate with Sabadell as the government sets conditions on their merger. The move ...

The Spanish government said it would clear Banco Bilbao Vizcaya Argentaria's hostile bid for smaller peer Banco de Sabadell on the condition that the banks don't legally merge for up to five years.