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  • Possibility of Spanish downgrade looms over euro zone

    Reuters - Friday 17th May, 2013

    Spanish government bonds have had a good run since the European Central Bank said it would protect the euro last year. But some analysts say the threat of a rating downgrade to junk remains an important risk. Credit default swap prices are discounting such a move, according to Markit. Spain is only one notch above junk according to Moody's and Standard & Poor's ratings, and two ...

  • Spanish Banker Goes to Prison

    General Sources - Friday 17th May, 2013

    MADRID -- Miguel Blesa, the former executive chairman of Caja Madrid, which is now part of Bankia, has become the first prominent Spanish banker to enter prison since the start of the financial crisis. He is accused of leaving his bank saddled with huge losses because of the takeover of a bank based in Miami in ...

  • France As Monaco Done For Victor Valdes

    Barcelona Daily News - Friday 17th May, 2013

    AS Monaco management, after having sealed the deal with Radamel Falcao, succeeded in hitting one more target: Spanish international goalkeeper Victor Valdes (31) will indeed ...

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  • Top Spain banker bailed in crisis probe

    Yahoo!7 News - Friday 17th May, 2013

    View Photo Miguel Blesa is pictured at the Moncloa Palace in Madrid on October 6, 2008 in Madrid. Blesa, the former head of Spanish bank Caja Madrid, became the first top banker to spend time in jail over alleged mismanagement in the financial crisis, officials said on ...

  • Spains controversial educational reform Will the Green Tide wash it away

    Christian Science Monitor - Friday 17th May, 2013

    New government reforms aim to reduce Spain's dropout rate. But they are opposed by green-shirted protesters from the education sector, known as the Green ...

  • Mercedes continue to seek answers for their lack of pace in Barcelona

    The Guardian - Friday 17th May, 2013

    Mercedes are still attempting to unravel the mystery of their lack of race pace this year. Last Sunday's Spanish Grand Prix turned into a horror show ...

  • Jamie Bestwick wins record eighth gold in a row in BMX Vert

    General Sources - Friday 17th May, 2013

    BARCELONA, Spain -- Jamie Bestwick is now officially in a class of his own after topping his record-setting seventh consecutive BMX Vert win last month in Brazil with an eighth gold medal Friday at X Games Barcelona. "I had a Barcelona shirt made with my name and number 8 on the back, but I couldn't wear it," Bestwick said, noting that he felt a bit superstitious about the ...

  • Central Middle School dropping Spanish from core curriculum

    Chicago Tribune - Friday 17th May, 2013

    Starting this fall, Central Middle School will drop Spanish from its core group of classes for seventh- and eighth-graders and replace the subject with a language arts offering. For the past two years, seventh- and eighth-grade students at Central have been required to take Spanish. Under a new curriculum, discussed at the District 146 board meeting on May 14, up to 60 students in each grade ...

  • Spanish banks see rise in outstanding debts in March

    Global Times - Friday 17th May, 2013

    Unpaid debts of private individuals and companies owed to Spain's banks rose by 10.47 in March, the Bank of Spain said on Friday.Outstanding debt levels had fallen after the creation of a "bad bank" Sareb, taking on board the toxic assets accumulated by struggling banks such as Bankia, Catalunya and Novagalicia Banco.However, despite the creation of Sareb, the amount of unpaid ...

  • Building Solar in Spain Instead of Germany Could Save Billions

    General Sources - Friday 17th May, 2013

    Siemens says it would make sense to build solar power plants in sunny countries in Europe rather than in cloudy ones. And wind turbines should be built in windy places. These blindingly obvious suggestions run contrary to what's actually happening. For example, a solar panel in Spain generates about twice as much electricity as the same-size solar panel in Germany because the sun shines on ...

  • Barcelonas Gerard Pique and Alex Song brawl on open-top bus after winning Spanish title

    General Sources - Friday 17th May, 2013

    Barcelona stars Gerard Pique and Alex Song appear to have been scrapping while on top of the team's double-decker bus to celebrate their La Liga ...

  • Hunt for those at fault for Spains bank crisis gains pace

    Reuters - Friday 17th May, 2013

    MADRID (Reuters) - The arrest of a prominent former Spanish banker is raising hopes among campaigners that the hunt for those responsible for the problems inherited by Bankia ...

  • Fitch Takes Rating Actions on 80 Spanish RMBS

    Fitch Ratings - Friday 17th May, 2013

    California's Fiscally Disciplined Budget Positive Fitch Ratings views California's fiscal 2014 budget as continuing the disciplined approach to fiscal management shown by the state in recent years. California's economic outlook cautiously forecasts that the expiration of the federal payroll tax holiday and federal sequestration cuts will have a modestly negative impact on ...

  • Spains government approves law to reform school education system in bid to improve results

    Canada.com - Friday 17th May, 2013

    MADRID - Spain's government has given the go-ahead for a law to reform the country's school education system in a bid to reduce truancy and improve results. Deputy Prime Minister Soraya Saenz de Santamaria calls it "the most important law of this legislature" with the dual role of improving the quality of education and the employability of young people. She says one in four ...

  • DIS confirm Neymar to Barcelona talks

    soccerway - Friday 17th May, 2013

    And Delcir Sonda, who heads DIS, the group that owns a 40 percent share in the Santos player, confirmed that a deal with the Spanish club is ...

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