The European Commission has sent Spain a legal warning over its move to block a banking merger between BBVA and Banco ...

Warning comes as European Commission pushes for more bank mergers to boost European financial sector’s fire power.

The EU said Spanish laws granting the power to intervene in banking deals undermined the ECB and restricted the bloc’s ...

The European Commission officially challenged the Spanish government on Thursday over its attempts to hinder Spanish bank ...

Spain is not alone, with Ireland, France, and Hungary also receiving similar warnings from the EU’s executive. The directive, which the Commission required member-states to comply with by June ...