Spanish digital TV operators must pay back 260 million euros - EU

General Sources - Wednesday 19th June, 2013

BRUSSELS (Reuters) - Spanish television operators must pay back the 260 million euros (223 million pounds) they received to roll out digital TV in rural parts of Spain after the European Commission ruled this amounted to illegal subsidies. The Commission said on Wednesday that money given by Spanish authorities from 2005 to 2008 to companies offering digital terrestrial television (DTT), which ...

IMF Spains Hard Won Solvency Needs Protection

General Sources - Wednesday 19th June, 2013

"Proactive vigilance" is needed to safeguard the "hard won" solvency of Spain's banking system, and Europe needs to do more to ease Spain's financial woes, the International Monetary Fund has warned. In the fund's concluding statement from its most recent visit to Spain, the IMF said decisive action had been taken to clean up the country's banks, but it ...

300 Years of the Treaty of Utrecht Stamps

Typically Spanish - Wednesday 19th June, 2013

Her Majesty's Government of Gibraltar and the Gibraltar Philatelic Bureau are issuing two stamps to commemorate the 300th Anniversary of the Treaty of Utrecht 1713-2013 on the 20th June ...

IMF sees Spain banks non performing loans increasing further

Reuters - Wednesday 19th June, 2013

MADRID, June 19 | Wed Jun 19, 2013 6:16am EDT MADRID, June 19 (Reuters) - Non performing loans at Spanish banks are set to increase further in the coming months as a difficult economic outlook weighs on the capacity of households and companies to repay debts, the International Monetary Fund said on Wednesday. "NPLs typically are lagging indicators. I wouldn't be surprised if ...

IMF says Spain recession may end soon

Times of India - Wednesday 19th June, 2013

IndiGo ruled the Indian skies in May, flying almost a third (29.5%) of domestic passengers, while Jet and JetLite together were at No 2, flying 22.5% of the total ...

Cavani keen on Madrid

Irish Examiner - Wednesday 19th June, 2013

Edinson Cavani would turn down a move to the Barclays Premier League this summer in favour of joining Real Madrid, the Napoli striker's father has revealed.The 26-year-old is one of a number of attacking options Madrid are weighing up in the wake of Gonzalo Higuain's departure, while Chelsea and Manchester City are also believed to be keen to secure his services."Cavani's ...

IMF calls for urgent steps on Spain unemployment

Sign on San Diego - Wednesday 19th June, 2013

MADRID -; The International Monetary Fund says recession-wracked Spain is making progress but is urging policymakers both within the country and in Europe to take "urgent action" to slash the country's crippling 27 percent unemployment ...

IMF gives Spain a thumbs up warns of risks

West Australian - Wednesday 19th June, 2013

By Julien ToyerMADRID (Reuters) - Spain has made strong progress on fixing its economy, the International Monetary Fund said on Wednesday, although it warned more steps were needed to tackle a difficult outlook.In the concluding statement of its annual assessment of the Spanish economy, the IMF urged the government and European authorities to boost job creation in the country while going further ...

Pique advises Thiago to stay at Barcelona

soccerway - Wednesday 19th June, 2013

Barcelona defender Gerard Pique has urged Thiago Alcantara to stay at the club despite reported interest from Manchester United. The 22-year-old made just 15 starts for Barcelona in last season's La Liga campaign, with the midfielder battling the likes of Xavi and Andres Iniesta for a first-team place. The Italian-born player has always been highly rated and he proved his credentials with a ...

Real Madrid seeks to lift their 31st League before their fans

Real Madrid - Wednesday 19th June, 2013

It's one or the other. There's no getting around it. Tonight a crowded Palacio de los Deportes will host the last of five battles for the league title. Real Madrid and Barcelona have brought the series to 2-2 and will be making one final intense push to achieve their goal. From what we have seen so far, equality and refereeing controversies included, the fact is that the result remains ...

Football transfer rumours Barcelona to sign Juan Mata

The Guardian - Wednesday 19th June, 2013

are planning a 30m swoop. They're already "making overtures" to Mata's father.Once Mata is safely ensconced inside Camp Nou, Barcelona will move quickly to ...

Spanish Papers Review - Wednesday June 19 2013

Typically Spanish - Wednesday 19th June, 2013

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The AVE high speed train carried 5200 passengers on the first day of service on the line between Madrid and Alicante.

Typically Spanish - Wednesday 19th June, 2013

Renfe Spanish railways have already some 31,000 tickets for travel between Alicante and Madrid buoyed by the las Hogueras festival in Madrid. The number is 25% higher than the same week last ...

Easyjet orders 135 new planes but founder Stelios is angry

Typically Spanish - Wednesday 19th June, 2013

EasyJet has made a massive order for 135 new planes to renovate their fleet. By doing so the papers are saying they are risking incurring the wrath of the Easyjet founder, Sir Stelios Haji-Ioannou. Indeed the Telegraph reports this morning that the Easyjet founder is to attempt to block the new order. He has a 37% stake in the airline and has accused Easyjet of doing deal with secret ...

Spains first British Mayor

Typically Spanish - Wednesday 19th June, 2013

A student who emigrated from Britain to Spain as a teengager has now been made mayor in her local village of Villaquejida in the province of Len. She becomes the first British-born person to become Mayor of a Spanish town or village. She was elected as councillor in the Union of the People in Len party in 2011 and has now gone on to be Mayor after a power-sharing deal with coalition ...

Spain Business Brief - Tuesday June 18 2013

Typically Spanish - Wednesday 19th June, 2013

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Spain trip helps SLU get ready for soccer season

St. Louis Post-Dispatch - Wednesday 19th June, 2013

The rain could not stop the opening of the 95th season of the Muny, which debuted 'Spamalot.' and included a surprise appearance by Eric ...

BBC gives Spains instrumental national anthem lyrics

Think Spain - Wednesday 19th June, 2013

, or 'Royal March', is instrumental, but when the British Broadcasting Corporation televised the opening ceremony of Spain's first Cup match they gave it lyrics with subtitles in ...

In majority-Latino Cornelius its Indian Bollywood not Spanish-language films drawing crowds

Hispanic Business Magazine - Wednesday 19th June, 2013

June 17--In Cornelius, the city of 12,000 with a majority Latino population, people come from all over the Portland metro area to watch Indian films. On the surface, the trend is surprising. According to the 2010 census, only 2.2 percent of Cornelius' population is Asian, and it is unclear how much of that is Indian. But at Cornelius Cinemas, Bollywood is among the highest rated categories ...

Tehau dreams of Barcelona after landmark goal

China Daily - Tuesday 18th June, 2013

/enpproperty--> Despite a 6-1 defeat to Nigeria, Tahiti celebrates lone score Jonathan Tehau struggled to articulate his joy after becoming the first player to score for Tahiti at a high-profile international tournament in his side's 6-1 loss to Nigeria at the Confederations Cup. Ranked 138th in the world, Tahiti are making their first appearance in a competition of this level and ...

Spain retains UEFA Under-21 crown

Global Times - Tuesday 18th June, 2013

Spain won the 2013 UEFA U-21 soccer championship over Italy with a score of 4-2 on Tuesday evening at the Teddy Stadium in Jerusalem.Spanish captain Thiago Alcantara hit a hat-trick in the first half which ended 3-1 in Spain's favor.After the restart, Spain proceeded their attack and scored through Isco's penalty kick in the 66th minute. In the 80th minute, Fabio Borini pulled one back ...

Spain tops Italy for Euro Under-21 championship

General Sources - Tuesday 18th June, 2013

Alex Grimm/Getty Images JERUSALEM -- Thiago Alcantara scored a first-half hat trick as Spain turned on the style to beat Italy 4-2 on Tuesday and win the European Under-21 championship for a second consecutive time. Italy started as the brighter side at Jerusalem's Teddy Stadium but the Spanish players, captained by Thiago, soon gained control and took the lead after just six ...