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.
With its waxy embossed rind, manchego's distinctive looks make it stand out in a crowd. Made in La Mancha - home of the legendary Don Quixote - it is one of Spain's best-known cheeses.Sunday, 16 May, 2010, 12:00am
As a journalist, I am always prepared for physically challenging tasks. But getting around the World Expo in Shanghai turned out to be more demanding than I thought.
I entered the gate at 8.40am. Unlike other visitors, I did not have to queue for security checks and my press badge ensured entry to any pavilion.2 May 2010 - 12:00am
Answer the following questions:
1 What is a budget deficit?
a. When a country spends more than it earns.
b. When banks lend too much money.
c. When people borrow too much money.
d. When people make a lot of money.
2 Why is Greece's debt a problem for other EU countries?25 Feb 2010 - 12:00am
War of the Witches Maite Carranza Published by Bloomsbury ISBN 978 0 7475 8853 5
Anaid lives a lonely life in a small isolated village in northern Spain. The 14-year-old is a clever girl, but she is small for her age and so is bullied by her schoolmates.31 Aug 2009 - 12:00am
In the June 3 edition of Young Post, the main picture in the feature on page 8 was incorrect. The photo is not of the Alhambra but of the palace in Segovia.8 Jun 2009 - 12:00am
Liverpool's Fernando Torres is the team's most expensive striker ever. He joined the team last year
Fernando 'Nando' Torres
Born: March 20, 1984
Chinese Horoscope: Rat
Club: Liverpool FC
Squad number: 926 Sep 2008 - 12:00am
Borrowing in a foreign currency is often an option for real estate buyers seeking a mortgage at an interest rate lower than they could get in their domestic currency. While there has been some foreign currency borrowing by Spanish investors, this has been more limited.16 Sep 2008 - 12:00am
In Europe it is rare for a grape variety to expose itself. Most Europeans favour location, location, location on their labels, not grape varieties. The hip Spanish producers of the Rias Baixas region, however, realised the pronunciation of the district's name might trip up their marketing efforts, so they cannily opted to label their wine by its variety, albarino.3 Aug 2008 - 12:00am
Euro 2008 has ended up with the final that the betting market predicted at the start of the tournament, even though the road to Vienna has had some unexpected twists and turns.
Accordingly to the world rankings, the only better final than Germany v Spain would have been Italy v Germany. On form at this tournament, however, this title decider is a fitting finale.29 Jun 2008 - 12:00am
Germany and Portugal served up a cracking contest to kick off the Euro 2008 quarter-finals and the stage is set for a dramatic finale to the last eight when Spain face Italy in Vienna tomorrow night.21 Jun 2008 - 12:00am
Shop B, G/F, 11 Old Bailey Street, SoHo
Telephone 2524 1818
Specialities Mussels, steak
Wine list Mostly from France others from Italy, New Zealand, Spain, Chile and Argentina
Average food cost $350-$40024 Apr 2008 - 12:00am
Singapore's annual World Gourmet Summit starts tomorrow and runs until April 26.6 Apr 2008 - 12:00am
Hong Kong got off to a convincing start in the world team championships with perfect scores in both the men and women's events on the opening day.
The women's team, aiming for a third successive final, trounced Belarus 3-0 in group C at Guangzhou Gymnasium yesterday, while the men conquered Spain in group D with the same scoreline.25 Feb 2008 - 12:00am
Qing Wang goes by the name of Carmen when she is out and in the mood to be chatted up by Spanish men who find her real name hard to pronounce. The 26-year-old master's graduate lives in Salamanca, one of Europe's most spectacular Renaissance cities.17 Feb 2008 - 12:00am
Their price list started at Euro8,000 (HK$91,000) but they were not selling second-hand cars.
Instead, the money would pay for the maiming of an enemy with whom their 'clients' had fallen out. And the Chinese gang of hired hit men would charge much more for a murder.9 Dec 2007 - 12:00am