Tag: Spain

• Tuesday, February 28th 2012 - 01:51 UTC

  YPF feeling the noose from Argentina; Madrid doing its best to defend Spanish interest

  

  Foreign Affairs minister Jose Manuel García-Margallo assured that the Spanish government “is doing what must be done” to defend the interests of Spanish companies in Argentina, but has avoided releasing details.

• Monday, February 27th 2012 - 20:05 UTC

  Spain refuses to share recovered undersea booty with former American colonies

  

  Spain rejected Peru's claim to a huge multimillion-dollar undersea treasure recovered from the wreckage of a galleon that had left from Montevideo port more than 200 years ago loaded with precious metals originally from the Peruvian highlands.

• Monday, February 27th 2012 - 17:35 UTC

  Gibraltar and La Linea address common issues that “concern the real people”

  

  Gibraltar Chief Minister Fabian Picardo received at Convent Palace neighbouring La Linea Mayor Gemma Araujo to review issues of mutual interest and concern, during a meeting followed by a press conference which was described as very positive.

• Friday, February 24th 2012 - 19:07 UTC

  Caritas Spain: 22% of households below poverty line, another 30% on the cliff

  

  A report examining Spain’s current levels of poverty has made national headlines after its launch revealed shocking figures. Caritas Spain has drawn attention to the precariousness facing millions of people at a time when networks of social aid are in danger of disappearing.

• Friday, February 24th 2012 - 05:33 UTC

  Spain trusts Gibraltar and Malvinas cases will be addressed at next UN General Assembly

  

  Spain’s Foreign Affairs Minister Jose Manuel Garcia-Margallo trusts the next UN General Assembly will debate on the Gibraltar and Malvinas Islands conflicts, “and express support for negotiations”.

• Thursday, February 23rd 2012 - 05:19 UTC

  Spanish corporations freeze investment in Latam fearing the global crisis

  

  Spain’s main corporations are freezing investments in Latinamerica this year with no chances of an increase given the risk of the global financial crisis hitting negatively in the region, particularly Brazil and Mexico.

• Tuesday, February 14th 2012 - 22:19 UTC

  Euro debt crisis: Moody warns France and Britain’s triple-A rating could be next

  

  Rating agency Moody's announced on Tuesday it had downgraded six European nations including Italy, Spain and Portugal, citing growing risks from Europe's debt crisis, and warned it may cut the triple-A ratings of France, Britain and Austria.

• Tuesday, February 14th 2012 - 20:57 UTC

  S&P and Fitch downgrade Spain’s top banks: Santander and BBVA

  

  Banco Santander SA and Banco Bilbao Vizcaya Argentaria SA were among 15 Spain-based financial firms downgraded by Standard & Poor's after the credit-ratings company reduced the nation's grade last month.

• Friday, February 10th 2012 - 00:47 UTC

  Spanish government to unveil drastic reforms to rigid labour legislation

  

  Spain's government will unveil reforms to rigid labour laws on Friday that it hopes will be radical enough to get to grips with sky-high unemployment while not severing links altogether with unions ahead of key regional elections.

• Thursday, February 9th 2012 - 20:20 UTC

  Judge Garzon barred from office for challenging Spanish 1977 amnesty law

  

  The famous human rights crusader, the Spanish judge who won fame with his attempt to extradite former Chilean dictator Augusto Pinochet in the 1990s, is barred from office for eleven years for abusing judicial powers.