Tag: Spain

Spain
Friday, February 3rd 2012 - 06:16 UTC

UK warns Argentina on cutting off the air link of Falklands with South America

Foreign Office minister Lord Howell informed the House on the latest events

Britain warned Argentina against cutting off an air link to the Falklands as part of an economic blockade of the Islands, reports the Evening Standard. Buenos Aires is threatening to stop a weekly flight from Punta Arenas in Chile to Port Stanley by refusing permission for it to use Argentine airspace.

Thursday, February 2nd 2012 - 21:41 UTC

UK tells Spain: sovereignty negotiations only if Gibraltar so wishes

Europe Minister David Lidington told the House of Commons in a written answer

Britain would only enter into sovereignty negotiations with Spain if Gibraltar was happy for it to do so, Europe Minister David Lidington told the House of Commons this week

Wednesday, February 1st 2012 - 07:09 UTC

Spanair files for voluntary bankruptcy; strands tens of thousands of passengers

Chairman Ferran Soriano, with no more subsidies the most sensible decision was to close down operations

Spanish carrier Spanair filed for voluntary bankruptcy Monday, officials said, three days after abruptly stopping all flights and stranding tens of thousands of passengers.

Monday, January 30th 2012 - 09:37 UTC

Over five million Spaniards out of a job; recession forecasted in 2012 first quarter

Not much hope for jobless Spaniards in the near future

Spain’s unemployment total has passed the five million mark, with the jobless rate shooting up from 21.5% to 22.8%, which represents something like one out of four workers don’t have a job.

Monday, January 30th 2012 - 09:20 UTC

Gibraltar Tripartite dialogue dead, announces Spanish Vice president

Soraya Saenz de Santamaria: talks on cooperation matters will continue

Spanish Foreign Minister Jose Garcia Margallo has sent a letter to his UK counterpart William Hague responding to Prime Minister David Cameron’s remarks on self-determination.

Saturday, January 28th 2012 - 10:11 UTC

Fitch downgrades Italy and Spain ratings; Milan police raid agencies offices

Trani prosecutor Michele Ruggiero investigating alleged market manipulation by the three leading credit rating agencies

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 regional debt crisis.

Friday, January 27th 2012 - 11:18 UTC

Foreign Office has not discussed Gibraltar with new Spanish government

Garcia Margallo insists on holding bilateral sovereignty talks

Foreign Office Ministers have not discussed Gibraltar with the new Spanish Government, a Foreign Office spokesman said on Wednesday.

Wednesday, January 25th 2012 - 20:41 UTC

Gibraltar “joke time over” Spanish minister tells Foreign Secretary Hague

Spain’s Foreign Affairs minister Jose Garcia-Margallo, cooperation and sovereignty must advance at the same time

“This joke is over” Jose Garcia-Margallo, Spanish Foreign Minister told his British counterpart William Hague this week regarding the Gibraltar sovereignty dispute.

Monday, January 23rd 2012 - 16:32 UTC

Spain’s central banks says economy forecasted to shrink 1.5% in 2012

Budget Minister Cristobal Montoro asking for relief from the EU

Spain’s economy contracted in the fourth quarter and will shrink 1.5% this year, the Bank of Spain estimated, undermining government efforts to cut the budget deficit amid the second recession in two years.

Monday, January 23rd 2012 - 15:15 UTC

New Spanish minister proposes Gibraltar ‘quadripartite’ talks on cooperation

Nevertheless for Garcia-Margallo sovereignty talks remain bilateral

Spanish Foreign Affairs minister Jose Garcia-Margallo is seeking to revisit talks on co-operation with the disputed Gibraltar UK Overseas Territory on a new variation of the formulas for talks: a quadripartite forum.

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