Much of Spain and Portugal have been hit by a widespread power outage that has canceled flights, brought trains to a halt, downed phone lines and cellphone networks.

MADRID/LISBON (Reuters) -A huge power outage brought parts of Spain and Portugal to a standstill on Monday, grounding planes, halting public transport, causing panic buying and leaving the two countries scrambling to restore power to millions of homes and businesses.

A major power outage in Spain and Portugal has knocked out subway networks, traffic signals and ATMs. Spanish power distributor Red Eléctrica said resto