Tag: Spain

Friday, November 16th 2012 - 06:11 UTC
Rajoy would have liked Cristina Fernandez to have attended the summit

Spanish President Mariano Rajoy stated that he “would have liked” his Argentine counterpart, President Cristina Fernández to have attended the XXIIth Ibero-American summit, starting Friday in Cádiz.
Friday, November 16th 2012 - 05:47 UTC
Battered Spain hosts Ibero-America summit pinning hopes in its success

The XXII Ibero-American summit which takes off Friday in the city of Cadiz will be focused on the Euro zone crisis and the need to boost investments in Latin America of which Spain can become the “vertebrate axis” said Spanish Foreign minister Jose García Margallo.
Thursday, November 15th 2012 - 19:28 UTC
UK summoned Spanish ambassador to complain about latest Gibraltar incursions

The Foreign Office summoned the Spanish ambassador in London and condemned Madrid’s ‘provocative incursions’ in Gibraltar waters saying that it “is in the interests of Spain, as well as Gibraltar and Britain, to avoid any incident that may damage the prospects of developing a harmonious and collaborative relationship between Gibraltar and Spain”.
Thursday, November 15th 2012 - 00:13 UTC
Austerity unites Europe: millions turn out disrupting services and clashing with police

Millions took to the streets across Europe in a co-ordinated day of protest against austerity measures. The European Trade Union Organisation says austerity is a “total dead end” and called for industrial action across 23 countries.
Wednesday, November 14th 2012 - 23:30 UTC
Gibraltar demands stronger UK action against incursions by the Spanish Navy

The Gibraltar Government said Britain must find a different way to end the “totally unacceptable” actions by Spanish state vessels, the latest of which on Tuesday with the incursion of the corvette “Vencedora” flying an oversized Spanish ensign, which represents “a frontal challenge and an affront to British sovereignty”.
Tuesday, November 13th 2012 - 03:58 UTC
Spanish banks suspend evictions for next two years for the most vulnerable

Spanish banks are suspending evictions for the next two years for the most vulnerable people. An estimated 350,000 families have been evicted from their homes since Spain's property market crashed in 2008.
Saturday, November 10th 2012 - 04:40 UTC
Iberia survival plan: slash quarter of jobs, cut 15% network and downsize fleet

Loss-making Iberia on Friday announced plans to axe 4.500 jobs to save Spain's biggest airline from collapse and warned more cuts could follow against the backdrop of economic crisis in the Euro zone country.
Tuesday, November 6th 2012 - 06:25 UTC
Spain breaks another unemployment record in October; 52% for the under 25

The number of job seekers in Spain soared to the highest level in at least 16 years in October, the Labour Ministry reported on Monday. As recession deepens the number of officially unemployed jumped by 128,242 people in October which means about 4.83m people were jobless at the end of last month, an increase of 2.7% on September.
Tuesday, November 6th 2012 - 06:20 UTC
US group prepares to take over debt-laden Spanish chain NH Hotels

Spain's NH Hoteles has received a preliminary offer from US private equity firm KKR to buy bonds that can be converted into shares of the debt-laden hotel chain. NH Hoteles, Europe's third largest business hotel operator based on rooms, has long been tipped as a private equity target given its large debt and that of its savings bank shareholders, which together own nearly a third of the firm.
Wednesday, October 31st 2012 - 23:34 UTC
Gibraltar willing to enter a double taxation treaty with Spain

Gibraltar said it complies with European Union and OECD regulations regarding finance centres and also indicated that it was willing to enter a double taxation treaty with Spain.