Banco Madrid is to enter insolvency proceedings, announced administrators on Monday, just days after the striken bank was taken over by Banco de España.
Spanish free Wi-Fi provider Let's Gowex revealed Sunday its accounts have been falsified for at least four years and said it is filing for bankruptcy protection.
Bankruptcy filings soared to a record high in Spain in 2013, official data showed on Thursday, with the construction industry in particular still reeling five years after a property market crash.
Washing machines, fish fingers and football teams: not even household names are safe from a Spanish bankruptcy epidemic ravaging big and small businesses alike.
Loss-making Spanish electrical appliance maker Fagor, which employs 5,700 people worldwide, said on Wednesday it had filed for bankruptcy, one of a growing number of firms to shut their doors because of financial failure.
Major Spanish electrical appliance maker Fagor, which employs 5,700 people worldwide, opened talks with its creditors on Wednesday to try to avoid bankruptcy.
The organizers of the annual Miss Spain beauty contest have joined the growing list of Spanish firms forced to close as a result of the economic crisis.
