EU Commission warns Spain over banking capital rules
The EU warned Spain for failing to adopt capital rules by the January 2026 deadline. This follows Madrid's efforts to block the BBVA and Sabadell merger.
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The European Commission formally warned Spain on June 4 for failing to implement the bloc's new capital requirements directive. The move follows Madrid's attempts to block a €16 billion ($18.6 billion) takeover bid by BBVA for Banco de Sabadell. The action targets Spanish domestic measures that the Commission claims are incompatible with the new CRD VI framework governing acquisitions and mergers.
