Saturday 28th January, 2012
Spanish airline to cease operations
Spanish airline Spanair said Friday it is ceasing operations and plans to go to court next week to seek bankruptcy protection. The financially struggling carrier issued a statement apologizing for ...
More than five mn out of work in Spain
The ranks of Spain's unemployed grew by 295,300 in the fourth quarter of 2011 to a record 5.27 million, the National Statistics Institute said Friday in its latest workforce survey. The jobless ...
Fitch downgrades ratings of five EU nations
International ratings agency Fitch has downgraded its sovereign credit ratings of Belgium, Cyprus, Italy, Spain and Slovenia. Ratings of Italy and Spain, two Eurozone economic heavyweights, were ...
Easy fixture for Real Madrid at home
Barcelona News.NetReal Madrid will need to put their Copa del Rey disappointments behind them when they host Zaragoza in the Spanish Primera Liga football Saturday night. Madrid took some consolation from their 4-3 ...
Injury hit Barca can't afford mistakes in Villarreal
Barcelona News.NetBarcelona manager Pep Guardiola will have to overcome a serious injury crisis in order to keep his side's bid for a fourth successive Spanish Primera Liga title alive. Barcelona progressed to the ...
Fitch cuts Italy, Spain, other euro zone ratings
General SourcesSlovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years. In a statement, the ratings agency said the affected countries were vulnerable in the ...
'Real are the pits, they don't know how lose' says Xavi
Barcelona Daily NewsXavi has labelled Real Madrid bad losers as the fallout from Barcelona's thrilling King's Cup victory over their arch rivals continued to dominate the sports headlines in Spain on ...
Cuenca commits future to Barcelona
UEFAFC Barcelona forward Isaac Cuenca will continue his development with the European champions after penning a new deal to stay at Camp Nou until the summer of ...
Spending cuts irk thousands in Spain
Turkish Daily NewsPublic service employees attend a demonstration to protest against rampant unemployment and biting austerity measures in Valencia on Jan. 26. Tens of thousands of people took to the streets on ...
Jobless Rate in Spain Almost 23%
Hispanic Business MagazineSpain's unemployment rate hit almost 23 percent, hitting 5.27 million in the fourth quarter last year. That's that highest rate in 15 years and more than twice the average of the 17 ...
Spain jobless rate soars to 17-year high
ABC AustraliaSpain Spain's unemployment figure has topped 5 million, the highest rate for 17 years.The National Statistics Institute says 5.27 million Spaniards are out of work, representing an ...
Unemployment in Spain tops five million
The IndependentThe outlook for the European economy turned a shade darker yesterday after new figures showed that Spain's jobless total had surged beyond the five million mark for the first time since modern ...
The lost generation of crisis-hit Spain
Edmonton JournalA woman gives a coin to unemployed Miguel Ballesteros as he begs for money to buy food and pay the rent for his house, in downtown Malaga, southern Spain January 27, 2012. Spain's unemployment ...
Italian, Spanish Ratings Cut Two Notches by Fitch on Crisis
Business WeekJan. 28 (Bloomberg) -- The credit ratings of Italy, Spain and three other euro-area countries were cut by Fitch Ratings, which said the five nations lack financing flexibility in the face of the ...
Flights grounded as Spain's Spanair stops trading
Euro NewsFinancial problems have grounded loss-making Spanish airline Spanair, for good. Allflights with the Barcelona-based firm have been suspended afterefforts to find a buyer failed. Itsmain ...
Spain's Spanair airline ceases operations
Deseret NewsMADRID — Spanair ceased operations late Friday after a regional government in Spain announced it could no longer fund the airline, officials said. Spanair's financial woes were ...
Spanish Unemployment Rate Rises to 22.8 Percent
International Herald TribuneMADRID - Spain's unemployment rate reached 22.8 percent at the end of last year, leaving almost 5.3 million people out of work and providing further evidence that Mariano Rajoy's new government is ...
Fitch downgrades Italy, Spain
SBSRatings agency Fitch says it is downgrading the credit ratings of five countries that use the euro, including economic heavyweights Italy and ...
PARLATINO President Extols Latin America Unity in Spain
Prensa LatinaMadrid, Jan 27 (Prensa Latina) Latin America will become the great new economic, political and social bloc of the century, stated Rodrigo Cabezas, president of the Latin American Parliament ...
Struggling Spanish airline to shut down
New Zealand HeraldOfficials in Spain say struggling airline Spanair will cease operations because a regional government can no longer supply it with funds. Spanair's financial woes were exacerbated by a 2008 crash ...
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