Tag: José Luis Rodríguez Zapatero

• Monday, May 23rd 2011 - 04:02 UTC

  Spain’s ruling Socialists suffer major defeat but early elections ruled out

  

  Spain's ruling Socialist Party sustained heavy losses in municipal elections on Sunday, amid widespread protests against high unemployment. The conservative People's Party (PP) took 37.5% of the vote compared with almost 28% for Prime Minister Jose Luis Rodriguez Zapatero's PSOE, with more than 90% of votes counted.

• Saturday, May 21st 2011 - 09:56 UTC

  Spaniards take to cities’ plazas and call for a protest no-vote in Sunday’s local elections

  

  Tens of thousands of Spaniards angry over unemployment protested for a sixth day, ahead of Sunday's local elections in which the ruling Socialists are expected to suffer heavy losses.

• Friday, April 29th 2011 - 21:40 UTC

  Spain hits new unemployment record; crackdown on the black economy

  

  Weak jobs data, sliding retail sales and rising inflation confirm Spain’s economic recovery is faltering. The official figures released Friday showed 21.3% of the workforce without a job, up from 20.3% at the end of last year.

• Tuesday, April 12th 2011 - 16:13 UTC

  China to keep buying Spanish public debt and invest in financial industry

  

  China will invest in Spain’s savings-bank industry and continue buying public debt, a Spanish government official cited Chinese Premier Wen Jiabao as telling Prime Minister Jose Luis Rodriguez Zapatero at a meeting Tuesday in Beijing.

• Wednesday, April 6th 2011 - 06:13 UTC

  Spain’s official unemployment above 20%, with 43% of young Spaniards jobless

  

  Spain’s official unemployment advanced for a third month in March, deepening the divide between peripheral economies struggling to recover from the financial crisis and Germany’s booming labour market. It was the worst record for Spain since 1996.

• Saturday, April 2nd 2011 - 17:39 UTC

  Spanish Socialist PM steps down from 2012 re-election bid

  

  The Socialist Spanish Prime Minister, Jose Luis Rodriguez Zapatero, says he will not seek a third term in the country’s general election next year. Spain is in the midst of a deep recession. At 20% it has the highest unemployment rate in the Euro zone.

• Thursday, January 6th 2011 - 20:45 UTC

  China to the rescue of Europe confirms purchase of Spanish sovereign debt

  

  Chinese Vice Premier Li Keqiang has said Beijing is willing to buy about Euro 6 billion worth of Spanish public debt, Spanish newspaper El Pais reported on Thursday, citing government sources.

• Thursday, January 6th 2011 - 11:10 UTC

  As with Greece and Portugal, China comes to Spain’s rescue; 7.5 billion deals

  

  China and Spain signed this week business deals worth 7.5 billion US dollars, a welcome boost for Spain's recession-hit economy. Visiting Vice-Premier Li Keqiang also vowed to help Europe overcome its debt crisis (and support the Euro), as he started his three-nation European tour.

• Tuesday, September 28th 2010 - 04:52 UTC

  Spain presents draconian budget with unemployment remaining above 19%

  

  Spain presented a tough 2011 budget, deepening an austerity drive and taxing the rich more heavily as it seeks to boost confidence in a fragile economy ahead of a general strike.

• Friday, September 10th 2010 - 03:49 UTC

  Spanish congress approved labour market reforms; protest strike Sept. 29th

  

  Spain's lawmakers gave their final approval to a package of government-proposed labour market reforms aimed at cutting down the country's high unemployment rate and reviving the economy.