Tag: Spain

Sunday, January 23rd 2011 - 20:18 UTC
Spain-China Expand Alliance

Spanish Telefónica and Chinese operator Unicom agreed on Sunday to expand their alliance, both investing a further U$ 500 million in the other. Under the agreement, China Unicom could get a seat on Telefónica.
Thursday, January 6th 2011 - 20:45 UTC
China to the rescue of Europe confirms purchase of Spanish sovereign debt

Chinese Vice Premier Li Keqiang has said Beijing is willing to buy about Euro 6 billion worth of Spanish public debt, Spanish newspaper El Pais reported on Thursday, citing government sources.
Thursday, January 6th 2011 - 12:42 UTC
Future Chinese PM promises full financial and economic support for Spain

China has confidence in the Spanish financial market and will continue buying bonds issued by Spain’s government, Beijing’s Deputy prime minister said in an op-ed published in Madrid daily El Pais.
Thursday, January 6th 2011 - 11:10 UTC
As with Greece and Portugal, China comes to Spain’s rescue; 7.5 billion deals

China and Spain signed this week business deals worth 7.5 billion US dollars, a welcome boost for Spain's recession-hit economy. Visiting Vice-Premier Li Keqiang also vowed to help Europe overcome its debt crisis (and support the Euro), as he started his three-nation European tour.
Sunday, January 2nd 2011 - 23:27 UTC
US warships try to avoid docking in Gibraltar to keep strong relation with Spain

Secret US document newly released by Wikileaks underscores the critical importance of Spain as a strategic logistics hub for the US military. The document details the importance of bases such as Rota, just a short drive from Gibraltar.
Sunday, January 2nd 2011 - 21:27 UTC
Spain will only discuss Gibraltar sovereignty issues with the UK

Spain will not discuss any issue that affects Gibraltar’ sovereignty within the context of the Trilateral Forum, Spanish Foreign Minister Trinidad Jimenez said in an interview over the Christmas break and some its extracts collected in the Gibraltar Chronicle.
Wednesday, December 22nd 2010 - 05:05 UTC
OECD says Spain needs urgent labour market and tax reforms

Spain is slowly emerging from recession but needs to cut spending further and introduce labour market reforms, the Organisation for Economic Co-operation and Development (OECD) has said.
Wednesday, December 15th 2010 - 22:49 UTC
Spain again on the brink as Moody’s questions 2011 financial requirements

Moody's rating agency threatened Wednesday to downgrade Spain's credit rating, hammering markets as it warned of a 170-billion-Euro refinancing challenge ahead in 2011.
Thursday, November 18th 2010 - 11:50 UTC
Spain expects to benefit from EC 2011 fishing quotas for hake

For 2011, the European Commission (EC) intends to maintain fishing quotas for hake in the waters of the North (Gran Sol and North Sea) and increase catches by 15 per cent in waters of the South (from the Bay of Biscay to the Gulf of Cadiz, including the coasts of Galicia and Portugal).
Thursday, November 4th 2010 - 15:49 UTC
Spain wants to renew bilateral talks with UK on Gibraltar’s sovereignty

New Spanish Foreign Minister Trinidad Jiménez has declared that her objective in respect of Gibraltar is “to generate enough confidence to renew bilateral talks about Gibraltar’s sovereignty with the British Government.”