Tag: Spain

• Thursday, October 11th 2012 - 23:28 UTC

  IMF asks for “a bit more time” for Greece and Spain but Germany says it will affect confidence

  

  The IMF on Thursday backed giving debt-burdened Greece and Spain more time to reduce their budget deficits, cautioning that cutting too far, too fast would do more harm than good.

• Thursday, October 11th 2012 - 04:09 UTC

  S&P cuts Spain’s credit rating to BBB minus just above junk territory

  

  Standard & Poor's cut Spain's sovereign credit rating to BBB-minus, just above junk territory, citing a deepening economic recession that is limiting the government's policy options to arrest the slide.

• Wednesday, October 10th 2012 - 09:25 UTC

  Spanish parliament blocks Catalonia referendum on independence

  

  Spain's parliament voted to block the northern region of Catalonia from holding a referendum on independence, the latest step in a growing political battle between Barcelona and Madrid in the midst of a deepening economic downturn.

• Tuesday, October 9th 2012 - 01:24 UTC

  Hague reaffirms Gibraltar sovereignty but calls for more cooperation with Spain

  

  The British Government and the Government of Gibraltar must work ever more closely together in a spirit of openness and trust to further mutual interests and “without conceding on sovereignty, which must remain paramount,” they must also look to the future and work to strengthen relationships with Spain”.

• Tuesday, October 9th 2012 - 01:13 UTC

  Gibraltar unveils management scheme for its territorial waters

  

  The Gibraltar Government has provided for more protection for British Gibraltar Territorial Waters with the publication of the revised Southern Waters of Gibraltar Management Scheme.

• Monday, October 8th 2012 - 06:15 UTC

  Sunday of protests against austerity measures in cities across Spain

  

  Thousands of Spaniards on Sunday marched in cities across the country to decry tough austerity measures, part of a growing protest movement that shows no signs of abating and could culminate in a general strike in November.

• Wednesday, October 3rd 2012 - 04:50 UTC

  Cosmo with no plans in Uruguay; Pluna Bombardiers will be chartered in East Europe

  

  Spanish airline Cosmo which purchased in an auction in Montevideo seven aircraft from Uruguay’s liquidated flag-carrier Pluna said they will be used “to expand the charter flight business in Central and Eastern Europe”, according to an official company communiqué released by the Spanish government news agency EFE.

• Wednesday, October 3rd 2012 - 01:23 UTC

  Spain will exhaust all legal means to prevent Gibraltar from UEFA membership

  

  Spain will “exhaust all legal means” to prevent the British Overseas Territory of Gibraltar gaining full membership of UEFA, Sports Minister Jose Ignacio Wert said. Gibraltar was admitted as a provisional member of European soccer's governing body on Monday and a decision on whether to grant full membership will be taken at a UEFA Congress in London next May.

• Wednesday, September 26th 2012 - 07:21 UTC

  Spain’s rich Catalonia region calls snap election demanding “self determination”

  

  The region of Catalonia announced on Tuesday it was calling a snap election over its drive for greater independence, deepening Spain’s crisis as its government struggles to avoid a full-blown bailout.

• 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.