Spain | South China Morning Post
  • Tue
  • Jan 27, 2015
  • Updated: 2:45pm

Spain

After adopting the euro, the Spanish economy initially benefited from sharply lower interest rates, spurring a property bubble. However, with the onset of the global financial crisis, property prices collapsed, causing widespread layoffs, and pushing unemployment to more than 26 per cent by the end of 2012. Spain received a bank bailout from the European Central Bank in 2012. 

Spain's 'Robin Hood' leads march to protest exploitation of the poor

Politician Manuel Sanchez Gordillo (centre). Photo: AFP

If this was revolution, it was a remarkably calm affair.

Sunday, 2 September, 2012, 4:45am

Real Madrid take aim at Barcelona's five-point lead over them in La Liga

Having claimed the season's first piece of silverware with victory over Barcelona in the Spanish Super Cup, Real Madrid return to domestic action needing to close a five-point deficit to the Catalan giants in La Liga.

Madrid coach Jose Mourinho uncharacteristically tore into his team's performance in their 2-1 derby defeat to Getafe last weekend, calling it "unacceptable".

1 Sep 2012 - 3:43am

Thousands evacuated as wildfire nears Spanish tourist resort

A forest fire rages on Spain's Costa del Sol near Marbella on Friday. Photo: EPA

Thousands of people were evacuated after a huge wildfire reached the edge of the popular tourist beach resort of Marbella on Spain’s southern Costa del Sol, Spanish authorities said on Friday.

31 Aug 2012 - 6:40pm

Spanish economy falls deeper into recession as austerity measures bite

The Spanish economy is falling deeper into recession and depositors are pulling their money out of the banks, figures published yesterday showed, while the economically important Catalonia region said it needed a rescue from Madrid.

29 Aug 2012 - 4:11am

Luka Modric arrives as Real Madrid face Barcelona in Spanish Super Cup

Real Madrid goalkeeper Iker Casillas

A Spanish Super Cup comeback against arch-rivals Barcelona and the arrival of Croatia playmaker Luka Modric may provide the perfect springboard for Real Madrid to kick-start their season.

Jose Mourinho's stuttering side, still seeking a first league win of the season, need to overturn a 3-2 deficit from last week's first leg when they host Barca at the Bernabeu tonight.

29 Aug 2012 - 2:12am

Angry Jose Mourinho gives Real players tongue-lashing over defeat

Real Madrid's defender Sergio Ramos (left) rises to head the ball against Getafe's forward Lafia during their Spanish league match, which home side Getafe won 2-1. Photo: AFP

An angry Jose Mourinho gave his Real Madrid players a rare public tongue lashing after they squandered the lead and slumped to a 2-1 defeat at city neighbours Getafe in La Liga.

The shock reverse ended the Spanish champions' unbeaten run of 24 league matches, their longest in 15 years, and was the first time they had lost in La Liga after leading at half-time in more than five years.

28 Aug 2012 - 2:22am

Live bullfighting to return to Spain's public broadcaster

Live bullfighting is returning to Spain's public broadcaster after six years of viewers being unable to watch, in real time, the last few minutes of a bull's life.

A fight at the bullring in Valladolid is set to be broadcast on September 5, allowing bullfight fans to see half a dozen animals fought and killed on the sand of the city's arena.

27 Aug 2012 - 6:11am

Barcelona's Victor Valdes hands Real Madrid lifeline in Spanish Super Cup

Valdes gifted a late goal for Real.

An embarrassing blunder from Barcelona goalkeeper Victor Valdes allowed Real Madrid to grab a late second goal that kept them alive in the Spanish Super Cup as Barca ran out 3-2 winners in their home leg.

Pedro, Lionel Messi from the penalty spot, and Xavi scored for the holders as they stormed back after Cristiano Ronaldo had headed the opener at the Nou Camp in the 55th minute.

25 Aug 2012 - 3:17am

David Villa returns to Barcelona after injury

David Villa celebrates his goal, wearing a T-shirt with a picture of his family saying "Impossible without you". Photo: Reuters

Barcelona forward David Villa said his injury troubles were behind him after celebrating his return from an eight-month lay-off by scoring in a 5-1 rout of Real Sociedad in their La Liga opener.

21 Aug 2012 - 1:40am

Real Madrid begin defence of La Liga title with home draw against Valencia

Valencia goalkeeper Diego Alves clatters into Real Madrid striker Gonzalo Higuain while going for the ball during their season opener at the Santiago Bernabeu stadium. Photo: AP

Valencia goalkeeper Diego Alves clatters into Real Madrid striker Gonzalo Higuain while going for the ball during their season opener at the Santiago Bernabeu stadium. Real had a frustrating start to the defence of their La Liga title as they were held to a 1-1 draw despite dominating the match.

21 Aug 2012 - 1:42am

Miners feel the pain as Spain roll on

The mining families of Donetsk like their footballers to do as the bread-winners do beneath the ground and attack the coal face from the moment the shift clocks in. Any pussy-footing around has them sneering into their borscht and dumplings.

29 Jun 2012 - 12:00am

Investors from HK, mainland shun Spain

Hong Kong and mainland Chinese investments in the euro zone fell sharply this year, with investors spooked by Spain's debt troubles.

The Spanish senior trade commissioner in the city expects the trend to continue.

14 Jun 2012 - 12:00am

Sporting feast, financial famine

It seems to be a great time to be in Europe if you are not from Europe. But for those who are, the harsh realities are overwhelming. Unemployment is through the roof. In Spain, Greece and Turkey over 50 per cent of the people under the age of 25 are without a job. That is beyond staggering, that's a lost generation with zero hope.

10 Jun 2012 - 12:00am

Omens are not great for Spain

Spain, the world's best team for the past four years, are favourites as they try to retain the European Championship but the question for punters is whether their momentum has slowed or even gone into reverse.

4 Jun 2012 - 12:00am

Canada put the icing on the cake

The world series lies in wait for Canada, Spain and Portugal as they finished one, two, and three respectively in the IRB's qualifying experiment.

Just how much the results meant to the players and coaches was reflected in the wild celebrations at the end of their games, with substitutes and support staff flooding onto the field.

26 Mar 2012 - 12:00am