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  • November 27, 2014
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Results 1 - 10 of 24 for euro zone crisis

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  1. News - World - SPAIN

    Crisis zone where Spanish villagers enter lottery to win a job

    Posted Sep 12th 2013, 12:00am by NYT

    ... The New York Times in Alameda, Spain Televised raffle organised by mayor, offering temporary work to the unemployed, is grim sign of devastating economic slump gripping Spain Crisis zone ... job lottery is one small sign of just how dire things remain in Spain. When Pineda was elected in 2008, Spain's economic crisis was just beginning and a job lottery, usually for one-month ...

  2. News - World - SPAIN

    Immigrants leave recession-hit Spain in droves

    Posted Apr 24th 2013, 12:00am by AFP

    ... But the flow of immigration has slowed since Spain entered into its worst recession in decades at the end of 2008 as the global credit crisis hastened a correction already under way in its key property sector. The Spanish economy, the euro zone's fourth largest, contracted by 1.4 per cent last year, the second worst yearly slump since 1970, while unemployment soared to a record 26 per cent. ...

  3. News - World - SPAIN

    Spanish banks curb evictions after evicted tenants commit suicide

    Posted Nov 14th 2012, 12:00am by The Guardian in Madrid

    ... crisis. "It is just terrible never knowing if you'll be able to get back into your home every time you go out," said Cumbicus, 50, who is from Ecuador, one of many who moved ... become homeless because of the crisis." A grass-roots group which has been campaigning to change the law for nearly three years, says a moratorium on evictions would not be enough. ...

  4. News - World - SPAIN

    Police seal off Spain Parliament ahead of protest

    Posted Sep 25th 2012, 06:21pm by Associated Press in Madrid

    ... of the economic crisis. The demonstration, organised behind the slogan ‘Occupy Congress’, is expected to draw thousands of people from around Spain. Madrid’s regional Interior Ministry delegation said ... and with unemployment near 25 per cent. Spain has introduced austerity measures and economic reforms in a bid to convince its euro partners and investors that it is serious about reducing its bloated deficit ...

  5. News - World - SPAIN

    Bon Jovi to play free for fans living on a prayer

    Posted May 31st 2013, 12:00am by AFP

    ... US rock supergroup Bon Jovi will waive their fee for playing a concert in recession-hit Spain next month, reports said yesterday, with special low-price tickets for Spaniards struggling in the crisis. Tickets for the gig at the giant Vicente Calderon football stadium in Madrid are capped at €39 (HK$390) - a fraction of the top price in other countries on the band's "Because We ...

  6. News - World - SPAIN

    Spanish protesters try to besiege parliament

    Posted Oct 29th 2012, 12:00am by Associated Press in Madrid

    ... second recession in three years. Economic output has contracted for five quarters in a row and Spain's banks have been granted a US$130 billion loan by the 17 euro-zone countries. ...

  7. News - World - SPAIN

    Spain plans to lure Chinese property buyers with residency permit

    Posted Nov 21st 2012, 12:00am by The New York Times in Madrid

    ... The New York Times in Madrid Ailing euro-zone nation, saddled with unsold homes after property crash, hopes to lure Chinese and Russian investors by easing laws Buy a home in Spain, get ... ailing euro-zone economies that have sought to spur their housing markets by easing residency requirements. Spain normally grants visas that are valid for up to 90 days to citizens of countries ...

  8. Business - Economy - SPAIN

    S&P drops Spain bond ranking to near 'junk'

    Posted Oct 12th 2012, 12:00am by BLOOM

    ... direction in euro-zone policy," S&P said. "The deepening economic recession is limiting the Spanish government's policy options." The downgrade comes after Spain announced ... seeking more details of what would be demanded of Spain in return for the support. Under the weight of internal nations' problems, the euro weakened against most of its major counterparts ...

  9. Property - International - SPAIN

    Spanish 'bad bank' gets serious about selling off land

    Posted Oct 09th 2013, 12:00am by Reuters

    ... bank" is about to start its biggest sale so far of land taken over from bailed-out lenders, as property prices in some of the countries worst hit by the euro zone crisis show signs of recovery. The Sareb agency, set up to cleanse troubled Spanish banks of real estate holdings that went sour in the crisis, is taking advantage of growing interest from professional investors to catch up from ...

  10. News - World - SPAIN

    Spain prepares to pass reforms, budget cuts

    Posted Sep 27th 2012, 08:52am by Reuters in Madrid

    ... from 5.82 per cent a month ago. Spain, the euro zone’s fourth largest economy, is at the centre of the crisis. Investors fear that Madrid cannot control its finances and that Rajoy does ... Meanwhile, consumers and firms continued to pull their money out of Spanish banks in August as the country was sucked into the centre of the euro zone debt crisis. Critics say Rajoy’s measures lack ...




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