Tag: Spain

Friday, April 26th 2013 - 07:40 UTC
Unemployment in Spain with no ceiling: 27% in first quarter of 2013

The Spanish National Statistics Institute, INE, reported on Thursday that the nation's unemployment rate shot up from 26.02% in the last quarter of 2012 to 27.16% in the first three months of this year. This is approximately 6.2 million Spaniards are out of a job. Youth unemployment stands at 57%.
Tuesday, April 23rd 2013 - 06:38 UTC
Spain official population fell in 2012, first time since 1946 because of the recession

Spain's official population fell last year for the first time since the 1940s as immigrants fled a five-year on-and-off recession that has sent unemployment soaring. The number of residents fell by 206,000 to 47.1 million, the National Statistics Institute said on Monday.
Saturday, April 20th 2013 - 08:48 UTC
Gibraltar will commemorate, not celebrate the 300 year of the Treaty of Utrecht

Gibraltar will commemorate, not celebrate the 300 year old Treaty of Utrecht this year, Chief Minister Fabian Picardo, told members of the Fabian Society in London earlier this week. The treaty refers to the cession in perpetuity by Spain to the British Crown of Gibraltar in 1713 under Article X of the agreement which put an end to the War of Spanish Succession (1701/1714)
Wednesday, April 10th 2013 - 21:56 UTC
Spanish police to shield politicians’ residences from home eviction victims

Spanish police will erect barriers around politicians' residences to shield them from protests over the growing number of home evictions and to call for changes to mortgage laws.
Monday, April 8th 2013 - 04:42 UTC
Spain warns it will block all ‘by all means’ Gibraltar attempts to join UEFA

The Spanish Government has declared that it will back legal action by the Spanish Football Federation to block Gibraltar’s membership of UEFA. “We will take the necessary measures in our power to avoid a situation which is contrary to the sporting strategy of the Spanish state.”
Thursday, April 4th 2013 - 22:05 UTC
France and Spain rocked by corruption scandals in the political system

French President Francois Hollande has promised sweeping new anti-corruption measures, a day after his former budget minister admitted having had a secret foreign bank account containing hundreds of thousands of Euros.
Monday, April 1st 2013 - 10:08 UTC
Paraguayan president visits Spain and the OAS where he has ample support

Paraguay’s president Federico Franco has arrived in Madrid, a special guest of his peer Mariano Rajoy with whom he will be holding talks at the Moncloa Palace. Rajoy is particularly interested in showing his support for President Franco and Paraguay that have been suspended from Mercosur and Unasur because of the removal by Congress, following political impeachment of Fernando Lugo.
Monday, April 1st 2013 - 09:13 UTC
Cameron and Rajoy scheduled to meet this month, says Madrid media

The prime ministers of Spain and Britain will meet in Madrid during the second week of April, according to a weekend report in ABC. The article said the meeting between Mariano Rajoy and David Cameron would centre primarily on the Euro-zone crisis.
Friday, March 15th 2013 - 06:50 UTC
Iberia back in the air: unions accept sacking of 3.141 staff and salary cuts

Workers of Spanish airline Iberia called off further strikes in a dispute over thousands of job cuts after unions accepted a mediation plan, the company announced in a statement.
Tuesday, March 5th 2013 - 17:00 UTC
Singapore wealth fund boosts Spain’s Repsol, recovering from YPF nationalization

Singapore wealth fund Temasak has bought a 5% stake in Spanish oil group Repsol for just over one billion Euros, raising its total stake in the company to 6.3%, Repsol said in a release. The operation involves the entire portfolio of Repsol treasury stock at 16.01 Euros per share for a total of 1.036 billion Euros (1.35bn dollars).