Tag: Spain

• Saturday, September 8th 2012 - 06:49 UTC

  Net capital outflows from Spain equalled more than 50% of country’s output

  

  Bank of Spain figures show that net capital outflows—including bank withdrawals and sell-offs of Spanish stocks and bonds—equaled more than 50% of the country’s economic output over the year ended July 31.

• Saturday, September 8th 2012 - 06:35 UTC

  Spain announces plant to regulate fishing and bunkering in Gibraltar waters

  

  Spain’s Foreign Minister issued a clear threat to Gibraltar in the latest salvo of words in the fishing dispute. Jose Manuel García-Margallo said Gibraltar’s stance in the row would lead to repercussions in other areas affecting the Rock.

• Friday, September 7th 2012 - 05:41 UTC

  ECB bond-buying scheme announcement boosts world markets

  

  Asian shares looked set for their biggest daily gain in nearly five weeks on Friday after the European Central Bank outlined its bond-buying scheme to help calm the Euro zone's debt crisis, while firm US data fed speculation of a strong jobs report later in the day.

• 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.