Tag: Spain

• Thursday, March 22nd 2012 - 01:55 UTC

  Argentine government and YPF can’t agree on the future of the oil company

  

  Argentina and Repsol-YPF oil corporation again clashed on Wednesday over the future of the Spanish owned company while members of President Cristina Fernandez administration said measures “can not be discarded” thus re-launching fears about further government actions.

• Wednesday, March 21st 2012 - 04:27 UTC

  Gibraltar exposed to a repeat of Spanish provocations from a decade ago

  

  Gibraltar appeared to be heading back to scenes of over a decade ago: clashes with Spanish fishermen and politicians. On Monday evening the Spanish ruling Popular Party from neighbouring Algeciras Mayor, Jose Ignacio Landaluce, boarded the vessel ‘Joaquina’ backing a protest sail into Gibraltar waters.

• Tuesday, March 20th 2012 - 23:51 UTC

  Spain vows to defend Repsol-YPF interests in Argentina; board meeting to decide on YPF profits

  

  Adding fuel to the quarrel between Argentina and Spain for disagreements over Spanish investors administrated YPF, Spanish Industry minister of José Manuel Soria vowed on Tuesday to defend his country’s interests.

• Tuesday, March 20th 2012 - 21:49 UTC

  Moody’s: Spain needs to implement more austerity; 4.000 town councils financially ‘non viable’

  

  Rating agency Moody's said on Tuesday that Spain's fiscal outlook remained challenging despite recently softened deficit targets. The announcement comes when the Secretary for Public administration admitted that 4.000 ‘ayuntamientos’ town councils in Spain are not financially viable.

• Saturday, March 17th 2012 - 07:21 UTC

  YPF is an Argentine asset run by Spanish investors, De Vido tells Madrid

  

  Argentine Planning Minister Julio de Vido lashed out at Spanish Industry Minister José Manuel Soria by saying that oil company YPF is an Argentine corporation run by Spanish investors and should not be considered an asset of the European country.

• Tuesday, March 13th 2012 - 00:56 UTC

  Italy in recession; Greece receives bail out; Spain the new challenge

  

  Italy is in recession, final data confirmed Monday. Italy's economy shrank 0.7% in the fourth quarter of 2011, following a 0.2% decline in GDP in the third quarter.

• Monday, March 5th 2012 - 19:32 UTC

  Spanish unemployment keeps rising; dispute with the EC over the deficit target

  

  The number of people claiming unemployment benefit in Spain rose by 112.269 in January, taking the overall figure to 4.7 million. Spain’s unemployment rate stands at 22.9%, the highest in the 17-nation Euro-zone.

• Thursday, March 1st 2012 - 23:11 UTC

  Argentina and Spain agree to a working group to help resolve YPF ‘differences’

  

  Spain and Argentina formed a working group to resolve their “differences” over YPF, the Argentine oil company majority-owned by Madrid-based Repsol-YPF, Industry Minister Jose Manuel Soria said.

• Thursday, March 1st 2012 - 04:34 UTC

  Argentine government preparing legal framework to grab YPF from Spain’s Repsol

  

  The government of President Cristina Fernandez is preparing the legal framework to take control of Spain’s Repsol-YPF subsidiary in Argentina which it has accused of not investing sufficiently and has triggered a round of discussions with the Spanish corporation’s top official, reports the Buenos Aires media.

• Tuesday, February 28th 2012 - 17:49 UTC

  Judge Garzón cleared of investigation into murders by Franco forces

  

  Spain's Supreme Court cleared former judge Baltasar Garzón of overstepping his authority when he ordered an investigation into the murders of more than 100,000 people by forces loyal to late dictator Francisco Franco.