Tag: Spain

• Friday, May 25th 2012 - 16:07 UTC

  Spain’s richest region closer to default without central government aid

  

  Spain's wealthiest autonomous region, Catalonia, needs financing help from the central government because it is running out of options for refinancing debt this year, Catalan President Artur Mas admitted on Friday.

• Friday, May 25th 2012 - 06:45 UTC

  UK reassures support for Gibraltar after major incident with Spain in the Rock’s waters

  

  UK reassured support for Gibraltar following Wednesday night’s incident when several Spanish Guardia Civil vessels and a helicopter were involved in a tense standoff with the Royal Gibraltar Police, the Gibraltar Defence Police and the Royal Navy while the Spanish trawlers tried to cast nets in the Rock’s bay.

• Thursday, May 24th 2012 - 05:03 UTC

  Spain now tells Argentina “YPF is no more than a bump” in a long shared history

  

  Spanish Foreign Minister José Manuel García-Margallo adopted on Wednesday a conciliatory tone towards Argentina for the first time after the YPF seizure by saying Argentina and Spain should hold “kindred nation” talks.

• Wednesday, May 23rd 2012 - 19:11 UTC

  Gibraltar and Spanish town agree on cross-border group to help sort out fishing dispute

  

  Gibraltar Chief Minister Fabian Picardo and Spanish town La Linea Mayor Gemma Araujo agreed the creation of a cross-border joint working group that will be examining all aspects of the fishing dispute with Spain.

• Wednesday, May 23rd 2012 - 03:56 UTC

  Spain, on the edge of a financial cliff, cancels all development aid to Latin America

  

  The Spanish government announced this week it was cancelling all development aid to Latin American countries as a direct consequence of the financial strains the EU member is suffering, which is the worst in decades with record unemployment of 24%.

• Wednesday, May 23rd 2012 - 01:22 UTC

  Spain anticipated the economy will continue to slump in the second quarter

  

  Spain said it would meet its deficit targets this year despite a new slippage in its regions' accounts and a further contraction of the economy in the second quarter.

• Monday, May 21st 2012 - 03:34 UTC

  Investors will opt for Uruguay and its legal system, says Spanish ambassador

  

  The seizure of YPF by Argentina can be expected to have a positive repercussion for Uruguay since the country has an enviable legal system and keeps to the rules of the game, said the new Spanish ambassador in Montevideo, Roberto Varela.

• Monday, May 21st 2012 - 01:41 UTC

  Royal Navy expels Spanish Guardia Civil vessels from Gibraltar territorial waters

  

  The Royal Navy expelled a Guardia Civil vessel from Gibraltar waters following an incursion by Spanish fishermen last week, in a clear sign that Britain will not tolerate any attempt to escalate the fishing row.

• Thursday, May 17th 2012 - 21:24 UTC

  Spain supports EU/Mercosur trade accord on a “region to region” basis respecting WTO rules

  

  Spain’s Foreign Affairs minister Jose Garcia Margallo said that Madrid supports negotiations for a free trade agreement between Mercosur and the European Union on a “region to region” basis, back stepping from his proposal last April to exclude Argentina following the seizure of YPF from Repsol.

• Monday, May 14th 2012 - 23:17 UTC

  Argentina writes to EU expressing “great concern” because of Spanish ban on bio-diesel

  

  The Argentine government expressed “great concern” on Monday following the decision from the Spanish government to ban bio-diesel “not produced within the European Union” from the country.