Tag: Spain

• Wednesday, September 26th 2012 - 03:05 UTC

  Mercosur ‘losing credibility’ before Europe because of Paraguay/Venezuela controversy

  

  Mercosur is losing credibility before European countries following the recent suspension of Paraguay from the group and the later incorporation of Venezuela as full member said Paraguayan president Federico Franco who on Tuesday met with Spanish Prime Minister Mariano Rajoy.

• Wednesday, September 26th 2012 - 01:08 UTC

  Protestors clash with riot police as Spain discusses 2013 budget and more austerity

  

  Protesters clashed with police in Spain's capital as the government prepares a new round of unpopular austerity measures for the 2013 budget that will be announced on Thursday.

• Tuesday, September 25th 2012 - 01:03 UTC

  Franco and Rajoy meet to discuss Ibero-American summit non-invitation to Paraguay

  

  Paraguayan president Federico Franco and Spain’s Mariano Rajoy are scheduled to meet on Tuesday at the United Nations building to talk about bilateral issues and the coming Ibero-American summit in Cadiz, next November 16/17 which has become a highly controversial issue.

• Wednesday, September 19th 2012 - 21:07 UTC

  Spain has not invited Paraguay to the Ibero-American summit confirms Asunción

  

  Spain has not invited Paraguay to the Ibero-American summit in Cadiz scheduled for next November confirmed Paraguayan Foreign minister Jose Felix Fernandez Estigarribia, who also admitted that the number of countries ‘disgusted’ with the new administration of President Federico Franco has diminished considerably.

• Wednesday, September 19th 2012 - 06:12 UTC

  Bad debts held by Spanish banks reach 169bn Euros or 10% of total loans

  

  The value of bad debts held by Spain's banks in July rose to 169.3bn Euros, according to latest figures from the central bank. The Bank of Spain said 9.9% of banks' total loans were in arrears, up from 9.4% a month before.

• Wednesday, September 19th 2012 - 06:10 UTC

  Leading political figure of Spain’s contemporary history dies

  

  Veteran Communist leader Santiago Carrillo, Spain's last surviving public figure to have taken an active part in the civil war and the reinstatement of democracy has died at age 97, sources close to the family said.

• Tuesday, September 18th 2012 - 23:33 UTC

  Rajoy and Franco will address Paraguay’s attendance to Ibero-American summit

  

  President Federico Franco and the head of the Spanish government Mariano Rajoy will address the participation of Paraguay in the coming Ibero-American summit scheduled for November in Cadiz, taking advantage of their presence in New York next week for the UN General Assembly.

• Tuesday, September 18th 2012 - 06:30 UTC

  Rajoy loses the influential leader of the conservative wing of the ruling party

  

  Madrid regional president Esperanza Aguirre, an influential Spanish politician and a leader of the conservative wing of the ruling centre-right People's Party (PP), resigned on Monday in a surprise announcement.

• Monday, September 17th 2012 - 02:30 UTC

  Thousands of Spaniards take to the streets to protest: “enough is enough”

  

  Tens of thousands of Spaniards rallied in Madrid to protest against spending cuts and tax rises in a country reeling from high unemployment and a gruelling recession. Teachers, nurses and social services workers thronged the capital's central Plaza Colon a day after Spain said it would present new economic reforms at the end of September likely to contain more austerity measures.

• Saturday, September 15th 2012 - 06:54 UTC

  Growing number of Spanish companies looking to make business in Latin America

  

  An ever growing number of Spanish companies are setting their eyes on Latin America, a region with an expanding economy, abundant natural resources and much to be done as reported by Spain’s trade offices and Spanish chambers of commerce.