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  • October 24, 2014
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  1. Business - Economy

    Spain slips out of recession as exports drive recovery

    Posted Oct 30th 2013, 06:24pm by AFP

    ... Agence France-Presse in Madrid Spain escaped from a two-year recession in the third quarter of this year with growth of 0.1 per cent, though unemployment remained extremely high, official ... last week. It was Spain’s second recession in five years, sparked by the collapse of a building boom in 2008 which last year made the country a focus of concern for the stability of the whole ...

  2. News - World - SPAIN

    Immigrants leave recession-hit Spain in droves

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

    ... Population falls for first time in 15 years after recession makes one in four jobless Spain's population fell last year for the first time since annual records began in 1998 ... Spain's former colonies in Latin America. While the number of native Spaniards grew last year by 10,337, the number of foreigners fell by 216,125 to 5.52 million - the second straight year ...

  3. Business - Economy

    Thousands in Spain protest to defend pensions

    Posted Dec 18th 2012, 10:46am by AFP

    ... Agence France-Presse in Madrid Whistles blowing and horns honking, thousands of people demonstrated in Madrid to defend their pensions from the austerity policies of the right-wing government of Mariano Rajoy. Spain’s government broke a key election commitment in November by saying it would fail to raise pensions in line with inflation in 2013, as the crisis bites ...

  4. Business - Economy

    Spain PM again denies bailout call ’imminent’

    Posted Oct 03rd 2012, 11:56am by AFP

    ... crisis. Market analysts said Spain might call for help within days to stabilise its public finances, but European officials cast doubt on that, saying that key players were still far from agreement. Rajoy suggested the same when asked at a news conference whether a bailout demand by Spain was “imminent”, he replied: “No,” without elaborating late on Tuesday. The conservative leader, ...

  5. Business - Economy - SPAIN

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

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

    ... Bloomberg in Madrid Economy also is given a negative outlook for long-term ranking as it ponders ECB bailout S&P downgrades Spain to just above junk Spain's debt rating has ... to A-3 from A-2. "The negative outlook on the long-term rating reflects our view of the significant risks to Spain's economic growth and budgetary performance, and the lack of a clear ...

  6. Business - Economy

    European stocks slide on Spain bailout fears

    Posted Sep 26th 2012, 09:15pm by Agence France-Presse in London

    ... Agence France-Presse in London European stock markets and the euro slumped on Wednesday as investors increasingly anticipated a full bailout of Spain, and owing to falling confidence ... per cent in value. Markets braced for a request by Spain for financial aid, after Spanish Prime Minister Mariano Rajoy told the Wall Street Journal that Spain would seek a full state bailout ...

  7. Business - Economy - MARKETS

    EU easing under ‘Draghinomics’ a pipedream

    Posted Sep 11th 2014, 11:25am by NICHOLAS SPIRO

    ... immediately resulted in a sharp fall in the bond yields of Spain and Italy as investors believed the ECB was willing to stand behind the debts of the euro zone's vulnerable southern European ...

  8. Business - Economy - EURO ZONE CRISIS

    Spanish PM insists Madrid has not yet decided on ECB bailout offer

    Posted Sep 11th 2012, 09:33am by Associated Press

    ... Harold Heckle in Madrid Spain’s prime minister said Monday he had yet to decide whether to accept a European Central Bank bailout offer, insisting what was more important was to continue ... did not specify. He said it was likely Spain’s ailing banks would not need all of the 100 billion euro (US$125 billion) bank bailout fund approved by the 17 countries that use the European ...

  9. Business - Economy - COMMENT

    Europe’s rapidly unravelling economic reform agenda

    Posted Aug 28th 2014, 11:26am by NICHOLAS SPIRO

    ... president While a number of vulnerable euro-zone countries – in particular Spain but also Greece to some extent – have made significant headway in implementing structural and institutional reforms ...

  10. News - World - AUSTERITY

    Manifesto of Spanish nun Sister Forcades taps anger at austerity

    Posted Apr 20th 2013, 12:00am by AFP

    ... Catalan nun, has emerged as a leading advocate of Spain's "indignant" protest movement against capitalism's excesses. Forcades denounced the austerity measures implemented by Spain's conservative government, which include cuts to health and education spending. The government imposed the cuts to rein in the public deficit. But Forcades said: "The cuts go against ...




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