Latest Spain News
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IMF says hope for Spain
Spain's biting recession may end soon but the outlook is tough and Madrid must do more to battle the unacceptably high unemployment rate, the IMF warned Wednesday.Spain's economy, still reeling from a 2008 property market crash, fell into a double-dip recession in 2011 and the unemployment rate has soared to more than 27 ...
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REFILE-UPDATE 1-IMF says Spain making progress warns on jobs and banks
Wed Jun 19, 2013 10:15am EDT * Fund says Spain has done well on reforms, economic imbalances easing * Needs to do more on job creation; banks still fragile * Says Europe could help by pressing ahead with banking union By Julien Toyer MADRID, June 19 (Reuters) - Spain has made strong progress in fixing its economy but needs to do more to put millions back to work and shield its fragile banks from ...
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Spanish unemployment worries the IMF
According to a report by IMF, Spanish unemployment needs to be addressed with pro-job policies. On 19 June, James Daniel, the IMF mission chief for Spain welcomed the reforms made by the Spanish government for stabilising its economy, saying that the country will start growing again at the end of this year. However Daniel stressed that the Spanish unemployment rate is "unacceptably high ...
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Rajoy says to trim Spains bureaucracy but coy on jobs savings
MADRID (Reuters) - Spain will cut red tape and shut down redundant institutions in an overhaul of state bureaucracy, Prime Minister Mariano Rajoy said on Wednesday, putting no figure on potential savings or job ...
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The International Monetary Fund wants another labour reform from Spain
The International Monetary Fund has said that recession-wracked Spain is making progress but is urging policymakers both within the country and in Europe to take 'urgent action' to slash the country's crippling 27 percent unemployment rate. The IMF report released today following their consultation visit to Spain praised the country's reforms for stabilising the ...
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The prosecutor has put all the blame for the Prestige oil tanker disaster on the captain
The prosecutor has put all the blame on the Capitan of the 'Prestige' oil tanker which split in half at sea, spewing thick oil over the Galician coast and beyond on November 19 2002. It was the worst environmental disaster that Spain has ever seen. The macro case in A Corua has already lasted seven years, and now the prosecutor has come down on the captain who has been in ...
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Spanish workers in Gibraltar protest against pension conditions
The associations representing Spanish workers in Gibraltar staged a protest on 12 June campaigning for better pensions and social security benefits. Spanish workers in Gibraltar want the Spanish Government to change the law so that they get a similar pension benefit to what any other Spanish worker gets, when having worked all their life in Spain. They want benefits derived from their ...
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Italian and Spanish Alpha League Table 2008 published
EDHEC Risk and Management Research Centre (EDHEC) and EuroPerformance fund analysis company have released the Alpha League Table, their 2008 rankings of the top Italian and Spanish asset management companies. The ranking system is based on a measure of alpha intensity, a performance measure that has been adjusted for the risks actually taken, for all active equity management in the ...
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ID number typo sees Infanta Cristina linked with sale of 13 Costa Blanca properties
ACCUSATIONS against the King's youngest daughter, the Infanta Cristina, based upon the sale of 13 undeclared properties on the Costa Blanca and in Catalunya have turned out to be ...
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Reina Spain united despite issues
Pepe Reina says that the continuing individual problems between Iker Casillas and Alvaro Arbeloa are not distracting the Spain squad from their collective goals at the Confederations ...
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King Juan Carlos indicates he wants to get more interested in life in Spain
King Juan Carlos has lunched with the permanent commission of the State Council for the first time in 38 years. Still recovering from his hernia operation, the monarch indicated he wanted to attend the lunch which he himself had arranged. Perhaps following recent criticism of the monarchy, the King has announced his intention to be more implicated in such meetings with social groups, ...
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Spanish economy gets boost from drop in trade deficit
MADRID: Spain's trade deficit was halved in April as exports soared, especially to China and other fast-growing emerging markets, the government said Wednesday, a rare glimmer of good news for a nation struggling in a double-dip recession. Spain, with the eurozone's fourth-biggest economy, posted a deficit of 1.642 billion euros ($2.196 billion) in April compared to a deficit of 3.355 ...
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UPDATE 2-Austrias Alpine Bau goes bust Spains FCC takes hit
Wed Jun 19, 2013 7:59am EDT * Alpine Bau files for insolvency, to get administrator * Parent FCC to take 289 million euro hit * Thousands of jobs at risk * FCC shares fall 5.9 pct (Combines stories, adds work council head, market reaction) By Michael Shields and Jose Elas Rodrguez VIENNA/MADRID, June 19 (Reuters) - Alpine Bau GmbH, Austria's second-biggest construction firm, filed for ...
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Under-21 star Alvaro Morata set for Madrid stay
Thiago Alcantara stole the show for Spain with a first half hat-trick, leading his side to a 4-2 win over Italy for the European Under-21 ...
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Spain win Under-21 European Championship as Thiago Alcantara inspires them to glory against Italy
Thiago Alcantara inspired Spain Under-21s to European Championship glory, with the reported Manchester United target hitting a hat-trick as Italy were defeated in ...
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Research and Markets Spain Exploration and Production Market Analysis and Outlook to 2020
"Spain Exploration and Production (Upstream) Market Analysis and Outlook to 2020 - Drivers, Challenges, Fields, Blocks, Supply- demand and competitive landscape" report to their offering. Spain oil and gas Exploration and Production industry research work from OGAnalysis is a compulsory report for all analysts involved in the sector. It provides all the key trends and ...
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All the Infanta scandal over recent days comes down to a mistaken DNI number
After all the confusion over the Hacienda claims that the Infanta Cristina had sold land and fincas worth 1.43 million EUR, and after the Hacienda sent that information to the investigating judge, now we known the truth of what happened. After three days of silence Hacienda has now explained that there was an error, but they added that there was so much documentation sent to the judge it ...
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Chief Minister writes to Sr Cristobal Montoro on Spanish Tax Evasion
The Chief Minister, Fabian Picardo, has written to Sr Cristobal Montoro, the Spanish Minister for Hacienda, challenging him to work with the Government of Gibraltar to ensure that there is no Spanish tax evasion money in ...
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Olazabal Wins Spains Most Prestigious Sports Award
MADRID ...
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Phenomenal Spain leave press purring
From lavish praise for "phenomenal" Spain to Italy's honest assessment, UEFA.com has the press reaction from both nations to the UEFA European U21 Championship ...
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Spanish digital TV operators must pay back 260 million euros - EU
BRUSSELS (Reuters) - Spanish television operators must pay back the 260 million euros (223 million pounds) they received to roll out digital TV in rural parts of Spain after the European Commission ruled this amounted to illegal subsidies. The Commission said on Wednesday that money given by Spanish authorities from 2005 to 2008 to companies offering digital terrestrial television (DTT), which ...
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IMF Spains Hard Won Solvency Needs Protection
"Proactive vigilance" is needed to safeguard the "hard won" solvency of Spain's banking system, and Europe needs to do more to ease Spain's financial woes, the International Monetary Fund has warned. In the fund's concluding statement from its most recent visit to Spain, the IMF said decisive action had been taken to clean up the country's banks, but it ...
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300 Years of the Treaty of Utrecht Stamps
Her Majesty's Government of Gibraltar and the Gibraltar Philatelic Bureau are issuing two stamps to commemorate the 300th Anniversary of the Treaty of Utrecht 1713-2013 on the 20th June ...
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IMF sees Spain banks non performing loans increasing further
MADRID, June 19 | Wed Jun 19, 2013 6:16am EDT MADRID, June 19 (Reuters) - Non performing loans at Spanish banks are set to increase further in the coming months as a difficult economic outlook weighs on the capacity of households and companies to repay debts, the International Monetary Fund said on Wednesday. "NPLs typically are lagging indicators. I wouldn't be surprised if ...
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Cavani keen on Madrid
Edinson Cavani would turn down a move to the Barclays Premier League this summer in favour of joining Real Madrid, the Napoli striker's father has revealed.The 26-year-old is one of a number of attacking options Madrid are weighing up in the wake of Gonzalo Higuain's departure, while Chelsea and Manchester City are also believed to be keen to secure his services."Cavani's ...
Barcelona Digest
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Barcelona on the frontline in the cancer fight
Cancer has become the leading killer of the elderly in Europe; it is an awful, painful disease that has become something akin to a pandemic. Progress has been made in its diagnosis, and further progress is being made in its treatment, and Barcelona, by hosting the European Breast Cancer Conference, is playing a major part in the sharing of ideas and knowledge to facilitate improvements and new breakthroughs.
The city of Barcelona will play a significant role in the prevention and promotion of awareness of breast cancer when it hosts the annual European Breast Cancer Conference this year. Breast cancer is among the leading killers of women around the world, and although mortality has begun to drop worldwide, and especially in Europe, there is still much progress that can be made. Read more
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