Latest Spain News
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The Spanish question how many goals vs Tahiti
RIO DE JANEIRO -- There's one big question hanging over Spain's team at the Confederations Cup: how many goals will the World Cup champions score in their upcoming match against tiny Tahiti, the representative for Oceania.African champions Nigeria defeated the South Pacific islanders 6-1 in their opening game, and missed at least half a dozen easy chances.Spain is expected to make a ...
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Spanish floods force evacuations cut power after heavy rain and melting snow swell rivers
MADRID - Days of torrential rain and melting snow have caused flooding in the Pyrenees region of northeastern Spain, forcing the evacuation of around 500 people and knocking out power. Officials in the Catalonia region said Tuesday that three mountain rivers have burst their banks and flooded streets, homes and farmland in the area. The flooding left some 4,000 people without power and forced ...
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Hockey NZ know Spanish danger
A couple of warmup games en route to the World League hockey semifinal tournament have suddenly assumed more significance for the New Zealand men ahead of their next game in Rotterdam. The Black Sticks played world No7 Spain twice on their way to the event, losing 3-1 and 4-1 but picking up valuable experience against a nation they haven't faced much of late. Just as well, as the ...
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Spains credit squeeze thwarts cos export plans
Big spenders are expectedly pampered, with credit card issuers and merchant outlets showering them with discounts. Now, ICICI and Axis Bank have expanded their offerings to cover savers as ...
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Over 70 Bankia preferential share customers qualify for a refund - so far
A TOTAL of 73 customers who lost their life's savings through preferential share purchases via the entities now swallowed up by Bankia will get their money back immediately, says the National Consumer Arbitration ...
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Spains debt costs bad loans rise as minister signals turnaround
By Paul Day and Andrs GonzlezMADRID/SANTANDER (Reuters) - Spain's short-term debt costs rose on Tuesday and data showed higher bad loan rates in the banking sector, casting doubt on the government's assertion that the worst of the economic crisis had passed.Lenders' non-performing loans rose for the second month running in April, to 10.9 percent of the credit they have granted, ...
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90-year-old Spanish club wound up
Assets pertaining to the club such as their 17,000 capacity Helmantico stadium are now due to be sold off at an auction arranged for this ...
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Spain is emerging from recession says minister
The rush will extend across profiles. Outsiders will want to be part of the changes that Murthy will bring in; and this will not happen if they are working for competition," says Aditya Mishra, Randstad ...
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Spain sells 5 bln euros treasury bonds
The Spanish treasury has successfully placed on Tuesday 5.04 billion euros ($6.74 billion) of treasury bonds on the market, exceeding expectations of between 4 and 5 billion euros, although paying the highest interest rates since February.The auction experienced a high demand of 12.46 billion euros although it was lower than that of May when the Spanish treasury also sold treasury bonds of 6 and ...
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Spanish banks face up to 10 billion euros in extra provisions - Economy Minister
SANTANDER, Spain (Reuters) - Spain's Economy Minister Luis de Guindos said on Tuesday that Spanish banks would face extra provisions against loan losses of up to 10 billion euros (8.53 billion pounds) over the next two years to meet new rules on loan refinancings. The provisions would leave banks with a capital shortfall of about 2 billion euros, based on estimates from the Bank of Spain, ...
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Spains Shameless Secret Revealed
Get ready to compose yourself. Spaniards should stop reading here for their shameful secret is out. Spain inspires non-Spaniards to get their plectrums out and to do even better than the homegrown talent. They do say imitation is the sincerest form of ...
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30000 university students are on the edge of being expelled for not paying their fees.
It's a particularly difficult time for students with cuts in grants being made and with the cost of university education going ...
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Sports Arsenal are favourites to sign Real Madrid striker Gonzalo
The Italian champions have been in negotiations with Real over a deal for Higuain but are so far refusing to increase their bid of ?18.7million for the 25-year-old. Real are understood to be demanding at least ?25.5m and although president Florentino Perez was quoted last week claiming that Juve?s offer would be insufficient, sources remain adamant a deal could be done at around that price. The ...
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Families occupy unfinished homes in Spain
The washbasin in Juana Alonso's bathroom is brand new, but no water comes out of the tap. No bulbs hang from the light fittings. The house is unfinished; no one was meant to be moving in -- but Juana couldn't wait. Along with dozens of neighbours, desperate victims of Spain's recession brought ...
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A luxury yacht has broken the underwater telephone cable with which Formentera communicates.
A luxury yacht has broken the underwater telephone cable with which Formentera communicates. The yacht was said to be of grand dimensions and it's keel sliced through a fibre-optic cable plunging 2,600 internet connection into darkness. Telefonica has established emergency radio-link coverage with the authorities, and the data route should be back again in 48 ...
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Spains nationalised lenders drawing buyer interest - Econ Min
SANTANDER, Spain June 18 | Tue Jun 18, 2013 5:48am EDT SANTANDER, Spain June 18 (Reuters) - Spain's Economy Minister Luis de Guindos said on Tuesday that some of the country's nationalised lenders, taken over in the wake of a property crash, were beginning to attract interest from potential buyers. Along with the country's biggest state-owned bank, Bankia , Spain's ...
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Spain beats target at bill auction yields jump
MADRID (Reuters) - Spain beat the top end of its targeted amount at a short-term debt auction on Tuesday, though financing costs jumped from previous record lows on investor concerns over global liquidity.The Treasury sold 5.04 billion euros ($6.73 billion) of 6- and 12-month bills compared to target range of 4 billion to 5 billion euros.The 6-month bill sold 1.09 billion euros at an average ...
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Liverpools Luis Suarez still dreams of playing for Real Madrid
the striker once again spoke of his desire to play for the Spanish Primera Liga giants . "I will give my soul every time I step on the pitch," Suarez ...
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Spain Meets Upper Goal at Bill Sale Borrowing Costs Rise
Spain met its upper goal at a bill sale even as its borrowing costs rose ahead of the start of the U.S. Federal Reserve's two-day meeting to review monetary policy. The Madrid-based Treasury sold 5.04 billion euros ($6.74 billion) of bills, compared with an upper target of 5 billion euros. It sold six-month bills at an average 0.821 percent today, up from 0.492 percent on May 14. It ...
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Spain April bad loan ratio rises to 10.9 pct - Bank of Spain
MADRID, June 18 | Tue Jun 18, 2013 4:08am EDT MADRID, June 18 (Reuters) - Spanish banks' bad loans as a percentage of total credit rose to 10.9 percent in April from 10.5 percent in March, Bank of Spain data showed on Tuesday. The increase came after drops at the end of last year and beginning of 2013 as lenders transferred toxic property assets to Spain's so-called bad ...
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Todays Spanish Papers Review - Tuesday June 18 2013
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A Hospital in Murcia has had to cancel operations because of the rubbish in the corridors.
A Hospital in Murcia has had to cancel operations because of the rubbish in the corridors. The management at the Virgen de la Arrixaca Hospital took the decision to suspend all planned operations for today because of the 'intentioned accumulation of rubbish in the area of the operating theatres'. The workers in the cleaning company, Valoriza, have gone on strike. Reports say ...
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A man has been devoured by his two pitbull terriers after dying in his home in El Molar Madrid.
A man has been devoured by his two pitbull terriers after dying in his home in El Molar, Madrid. The dead body had been lying there for three days. A woman named Almudena found the body of her boyfriend, 34 year old ngel Javier C.M. on the bed in his room partially devoured by the dogs. Police said there was no sign of any crime at the scene and an autopsy carried out on Sunday showed ...
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Hacienda now unsure about the property allegedly sold by the Infanta Cristina
Quite how is it possible that Hacienda says one day that the Infanta Cristina has sold fincas and land worth 1.43 million EUR, and sends a report to that effect to the judge investigating the Nos Case. The Infanta denied the accusations last Friday, and then late on Monday night the Minister for Hacienda, Cristbal Montoro, said for his part he hadn't seen the report, but he thought ...
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Sweden return excites Spains Ainhoa
Explaining that being among the top teams in Europe is like "a prize," goalkeeper Ainhoa insisted thatSpain were going to Sweden determined to compete with the ...
Spain Feature
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Spain drags its feet on cloud computing
Cloud computing, a new computing model seen by many as a major advancement in information technology, has been catching on in many developed parts of the world due to the significant benefits the new system offers, but in Spain, where experts say it may be most useful, it has failed to find a home.
Spain is traditionally known as a country that does not like to take risks and likes to maintain the status quo, for this reason other new technologies such as 3-D televisions and the like have not caught on either. But, whereas 3-D TV is a service that is marketed as enhancing one’s viewing pleasure and therefore costs more, cloud computing is a new service that offers real-world savings financially. Read more
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