July 26, 2025

Spain

Banking

Spain violated EU rules by meddling in banking merger, says Brussels – POLITICO

Brussels vs national capitals The Commission has been in talks with Spain over the case since last year. After the complaint, the Spanish government will have two months to respond. After that, the Commission can challenge the Spanish government at the EU’s top court, in a procedure which could last years and result in major

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Mortgage

Struggling with bills? Mortgage expert reveals whether you should take a payment break

MORTGAGE experts have weighed in on whether you should take a mortgage break if you’re struggling to pay your bills. This is a type of agreement between you and your lender where you temporarily pause or reduce your payments. 1 We explain the pros and cons of asking for a mortgage breakCredit: Getty If you

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Banking

EU frets over government meddling in Spanish, Italian banking mergers – POLITICO

Rome did so by invoking its “golden power,” which was originally designed to stop foreign takeovers from threatening national security. That move did not go unnoticed in Brussels, where officials opened two distinct probes into the matter, led respectively by the financial services and the competition directorates. It has also triggered an exchange under the

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