Tag: Spain

• Monday, September 3rd 2012 - 06:20 UTC

  Spanish PM Rajoy challenges the European central bank and Germany

  

  Spain will consider seeking extra aid from Europe on top of a 100 billion Euro rescue of its financial sector but does not see any need for new conditions, Prime Minister Mariano Rajoy said in an interview published in European newspapers.

• Friday, August 31st 2012 - 05:08 UTC

  Argentina surprised by Germany, which voted against granting a loan at the IDB

  

  “We’re a free country with dignity and national pride; we are nobody’s employee or subordinate” challenged Argentine president Cristina Fernandez after it was revealed that the US, Spain and Germany at the Inter American Development bank (IDB) had voted against granting the country a loan.

• Friday, August 31st 2012 - 01:10 UTC

  EC with “no powers to intervene” in Spain/Gibraltar bay fishing dispute

  

  The European Commission has told a South West of England and Gibraltar Member of the European Parliament that it has no powers to intervene in the ongoing standoffs at sea between local law enforcement agencies and the Guardia Civil.

• Wednesday, August 29th 2012 - 02:22 UTC

  Spain to the mercy of markets and with little signs of recovery

  

  Spain’s recession worsened in the second quarter as the government’s austerity push to reduce the Euro area’s third-biggest budget deficit and a slump in consumer spending offset growth in exports.

• Monday, August 27th 2012 - 03:46 UTC

  EU calls Britain and Spain to cooperate on nature protection issues in Gibraltar waters

  

  The European Commission has again urged Britain and Spain to cooperate on nature protection issues in Gibraltar waters, according to press reports in Spain. The reports cited anonymous Brussels officials saying the Commission had asked both countries to work to that end.

• Wednesday, August 8th 2012 - 18:46 UTC

  Organized pickets in Andalusia raid supermarkets for food to distribute among the needy

  

  Pickets of unemployed and union members in the south of Spain took over supermarkets and took food produce which they then delivered to social organizations and needy families to protest and warn of the consequences of the tough measures implemented by the government.

• Tuesday, August 7th 2012 - 17:19 UTC

  Spain says the Gibraltar dispute is back on the ‘Brussels process” bilateral track

  

  Spain’s new Ambassador to the United Kingdom, Federico Trillo-Figueroa, has claimed that his Foreign Minister, Jose Garcia Margallo, has managed to revive bilateral dialogue with UK over Gibraltar within the Brussels context.

• Thursday, August 2nd 2012 - 07:04 UTC

  Massive capital outflow in Spain: €163 billion left in five months

  

  Capital outflows from Spain more than quadrupled in May to €41.3 billion compared with May 2011, according to figures released on Tuesday by the Spanish central bank. In the first five months of 2012, a total of €163 billion left the country, the figures indicate. During the same period a year earlier, Spain recorded a net inflow of €14.6 billion.

• Monday, July 30th 2012 - 07:15 UTC

  PM Rajoy not handling the economic crisis, say 80% of Spaniards

  

  Support for Spanish Prime Minister Mariano Rajoy fell sharply in July after his government announced a new round of deep spending cuts and tax hikes to fight the sovereign debt crisis, an opinion poll showed.

• Thursday, July 26th 2012 - 19:51 UTC

  ECB to the rescue of Spain and Italy and avoid collapse of Euro zone

  

  European Central Bank President Mario Draghi pledged on Thursday to do whatever was necessary to protect the Euro zone from collapse, including acting to lower unreasonably high government borrowing costs.