Latest Spain News
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Eyeballing Oxy-shots and Tampodkas Dangerous and growing drinking trends among Spains youth
HEALTH authorities have warned that a dangerous 'drinking' trend detected in the UK, USA and Germany is becoming rife in ...
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Fabinho “We want to become the best reserve team in Spain and finish as high as we can in the table”
Real Madrid Castilla will visit the Martínez Valero stadium to face Elche, the leader of the division (Sunday, 17:00, Marca TV). With three matches left to play before the end of the season and with their place in the division next season guaranteed, Alberto Toril’s men are clear about what they want. "We have already done what we wanted, which was to stay up. But we are not ...
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Three killed in Spain plane crash
An investigation was under way Saturday into the crash of a small plane in Spain that killed three of the four people aboard, authorities said. The pilot of the single-engine plane was seriously injured and taken to a hospital in Palma. A firefighter and a bystander suffered minor burns while trying to get the victims out of the flaming wreckage, ThinkSpain said Saturday. The crash occurred ...
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Fired for word Negro in Spanish class
Fired for word 'negro'? A Bronx teacher has filed a lawsuit claiming she was fired for using the word 'negro' in class. 'Negro' is the Spanish word for the color ...
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New law will mean company debt does not affect personal assets
BUSINESS-OWNERS and self-employed persons may no longer have to risk their main homes to pay back debts relating to their commercial activity if a new law under discussion goes ...
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Spain and France agree on fishing quota swap
Spain and France have reached an agreement on swapping fishing quotas which will allow for Spain to fish more hake and monkfish, authorities said Saturday."We have received quotas of 1,500 tonnes of hake and 1,100 tonnes of monkfish, the two main (fishing) species our boats catch," the agriculture ...
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Fitch Upgrades Banestos Mortgage Covered Bond Rating Affirms Santander CH Ratings
U.S. prime money market funds (MMFs) increased their exposure to eurozone banks in April. However, even at 15.1%, asset allocations to these institutions remain well below 2011 levels, according to Fitch ...
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Modric has played for 2000 minutes in the Spanish League
After coming to the white club last summer and completing his adaptation period, Luka Modric has been one of the most outstanding players in the final stretch of the season. In fact, in the last two League games, he has made one goal and contributed two assists. A regular part of Mouriho’s starting eleven for months, the Croatian has reached 2,000 minutes of play in the championship. Only ...
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Pub owners get three year two month prison sentence for music being too loud
Penal Court Number 3 has given a three year and two month sentence to both the owners of a pub in Valverde del Camino, Huelva. The two have been found guilty of causing acoustic contamination, and in addition both will have to pay a 3,800 EUR fine, and compensation of 7,000 EUR for the neighbours somatic and psychic disorders. The court considered it proved that the neighbours suffered ...
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Bankia has sold the bank in Florida the purchase of which sent Miguel Blesa to prison.
The purchase by Miguel Blesa when he was Chairman of Caja Madrid of City National Bank of Florida in 2008, brought losses for the bank of some 500 million EUR. Blesa paid double what the bank was worth, and management afterwards has been described as irregular with inexplicable decisions. A report from the Bank of Spain in 2010 warned of the danger. Judge Elpidio Jos Silva, in Instruction ...
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Infanta Cristina under investigation again
It has been revealed that the Infanta Cristina's income was 229,301 EUR in 2001 and nearly 326,000 EUR on 2010. These incomes contain economic activity without detail bringing in 75,000 EUR in 2001 and 139,050 EUR in 2008. The numbers come from the Agencia Tributaria (AEAT) and have been sent the judge instructing the Nos Case, Jos Castro, in court number three in Palma. The judge has ...
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It’s estimated that the crisis will see the number summer jobs for the high tourist season to be cut by as much as half.
It's estimated that the crisis will see the number summer jobs for the high tourist season to be cut by as much as half. Hostelry owners have admitted they will be taking nobody on until demand decides. Temporary employment company, Randstad, has calculated that 9,000 summer jobs will be created in Mlaga province, a fall of 11% on last year, while Adecco puts the figure at 7,700 ...
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Three die in light airplane crash on Mallorca
Three of the four occupants of a light plane which has crashed in Mallorca have died. The dead are two men, a Cuban aged 23, and Colombian aged 35. The woman to died was Spanish and also aged 35. The 22 year old Argentian pilot survived the crash but is seriously injured and has been transferred to the Son Espases Hospital in Palma. The plane came down just after 5pm on Friday in the ...
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Spain Princess Cristina faces new tax probe
Spanish Princess Cristina is facing a new probe over suspected fraud. The daughter of King Juan Carlos had been named as suspected in a case of embezzlement against her husband, Iaki Urdangarn, earlier this month, but the decision was overturned. However, judge Jose Castro ordered a new investigation into her financial affairs after examining 10 years worth of tax returns submitted to the ...
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Spanish workers in Gibraltar protest against pension conditions
The associations representing Spanish workers in Gibraltar staged a protest on 12 June campaigning for better pensions and social security benefits. Spanish workers in Gibraltar want the Spanish Government to change the law so that they get a similar pension benefit to what any other Spanish worker gets, when having worked all their life in Spain. They want benefits derived from their ...
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Italian and Spanish Alpha League Table 2008 published
EDHEC Risk and Management Research Centre (EDHEC) and EuroPerformance fund analysis company have released the Alpha League Table, their 2008 rankings of the top Italian and Spanish asset management companies. The ranking system is based on a measure of alpha intensity, a performance measure that has been adjusted for the risks actually taken, for all active equity management in the ...
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SWIP makes in-roads into Spain
Scottish Widows Investment Partnership (SWIP) has strengthened its foundations in the Spanish market. SWIP’s Spanish team, based in Madrid and led by director of institutional sales Carlos Costales, will be supported by Christina Ponce, business development director at the London office. The Spanish branch of SWIP will offer, among other products, the SWIP European Fund, which ...
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Spanish airline Vueling announces winter flights from Cardiff Airport
Holidaymakers will soon be able to escape the frosty clutches of a South Wales winter, after a Spanish airliner announced new winter services from Cardiff Airport. Spanish airline giant Vueling has extended their flights programme to an all-round operation to meet demand from Welsh passengers. The news comes after Vueling increased services on their summer programme to and from Wales thanks to ...
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Home of the Week 1920s Spanish Revival in Hollywood Hills
This restored Spanish Revival-style house in Hollywood Hills reflects its 1920s vintage with a Malibu tile fireplace, period lighting and hand-crafted ...
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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