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Tag: Spain

Eurozone crisis threatens Southern Europe’s public goods - 30 August 2013 - News

Crisis-hit southern countries are selling state-owned goods to reduce their budget deficits, with Spain mulling the privatisation of national heritage sites and Greece is under pressure to have historical buildings managed by a foreign holding company.

Gibraltar minister bids to calm rocky dispute - 26 August 2013 - News

British overseas territory Gibraltar could open its waters to Spanish fishermen again by October, its chief minister was cited as saying on Friday (23 August), offering a chance that the dispute with Spain – which lays claim to the rocky outpost – might be nearing resolution.

EU to send fact-finding mission to Gibraltar - 20 August 2013 - News

The European Commission is to send a fact-finding mission to Gibraltar to examine the legitimacy of border controls imposed by Spain in a growing dispute over the British Mediterranean enclave.

UK threatens legal action over Gibraltar - 13 August 2013 - News

The UK has threatened to appeal to the EU Commission for a legal resolution in an escalating dispute over the contested territory of Gibraltar, as Spain refused to remove border checks affecting tourists and workers.

Tensions loom over Gibraltar - 12 August 2013 - News

Tension between Spain and the UK over the disputed territory of Gibraltar looks set to increase this week following Spanish reports that it intends to lodge a complaint with the United Nations and a planned arrival on the rocky outcrop later this week of UK naval ships.

Fishing dispute sparks new friction between Spain, Gibraltar - 05 August 2013 - News

Spain is studying retaliatory measures against the British territory of Gibraltar in an escalating dispute over fishing grounds, Spanish Foreign Minister Jose Manuel Garcia-Margallo has said.

Spain’s Rajoy refuses to resign as graft scandal unfolds - 16 July 2013 - News

Spanish Prime Minister Mariano Rajoy yesterday (15 July) rejected calls to resign over a financing scandal in his ruling centre-right People's Party, saying he would not allow the matter to hold back his reform plans.

Spanish PM hit by new corruption allegations - 10 July 2013 - News

Spain's Prime Minister Mariano Rajoy may take a pounding from fresh corruption allegations against his centre-right People's Party but the government is strong enough to ride the storm, analysts and sources say.

Brussels proposes loosening budget rules for struggling EU economies - 05 July 2013 - News

Some EU governments could be given greater leeway to meet budget targets, the European Commission said in proposing a liberal interpretation of its rules to counter accusations that spending cuts are holding back the economy.

Spain’s population falls for first time since civil war - 23 April 2013 - News

Spain's population fell last year for the first time since the 1940s as immigrants fled a five-year on-and-off recession that has sent unemployment soaring.

Struggling firms in Italy, Spain mean more woes for the eurozone - 28 March 2013 - News

Thousands of small companies struggling to repay loans in Italy and Spain signal bigger problems on the horizon for the eurozone after the dust has settled on Cyprus' bank bailout this week.

Small investors take a hit for Spain’s Bankia rescue - 05 March 2013 - News

EU regulators will order shares of Spain's Bankia be valued at just €0.01 each, a European Commission source said on Tuesday (5 March), meaning shareholders including thousands of ordinary Spaniards will be hit hard in a debt-for-equity swap to boost the bank's finances.

Spain can be a trailblazer in this new age of aid austerity - 28 February 2013 - Opinion

Spain's aid budget may be contracting sharply, but with greater craft and focus it can demonstrate that money isn't everything, writes Jonathan Glennie.

How crisis policies threaten the EU’s social dimension - 19 February 2013 - Opinion

The weakening of the social flank in southern Europe has repercussions elsewhere in the EU, putting the trade unions and left-wing parties under further pressure, argue Klaus Busch, Christoph Hermann, Karl Hinrichs and Thorsten Schulten.

Secret payments scandal weighs on Spanish PM Rajoy - 31 January 2013 - News

Prime Minister Mariano Rajoy and Spain's ruling People's Party denied today (31 January) that the party passed payments from business donors secretly to the premier and other party leaders after a newspaper published what it said were unofficial party accounts.

Southern Europe competitiveness gap 'rapidly declining': Report - 30 January 2013 - News

Greece, Portugal and Spain are rapidly reversing the loss of wage competitiveness that was a significant cause of the eurozone crisis, new figures showed today (30 January). The report also looks at labour cost evolution in Germany, France and Britain.

Good results drag Spain away from bailout territory - 30 January 2013 - News

Madrid announced on Tuesday (29 January) that it had beaten revenue targets for 2012 as tax hikes offset a shrinking economy, moving the country further away from an EU-IMF sovereign bailout which seemed unavoidable a few months ago.

Could Scottish, Catalan independence votes reshape Europe? - 29 January 2013 - News

The separatist flag of Catalonia – with its yellow and red stripes, blue triangle and white star – was a rare sight on the streets of Barcelona a decade ago. Now, it is almost ubiquitous.

Southern Europeans flee to London to find work - 07 January 2013 - News

Britain, and especially London, has become a popular place for tens of thousands of southern Europeans in search of work as the governments of Spain, Portugal and Italy continue to impose austerity measures.

Health workers march in Madrid against cuts, reforms - 10 December 2012 - News

Thousands of health workers, on strike since last month, marched on Sunday [9 December] in Madrid to protest against budget cuts and plans by the regional authority to privatise the management of public hospitals and medical centres.

Spain to receive EU bank aid mid December - 04 December 2012 - News

Eurozone finance ministers approved yesterday (3 December) the disbursement of nearly €40 billion to help shore up Spain's strained banking system.

Catalan elections: What alternative to secession? - 26 November 2012 - Opinion

The results of the Catalan elections of November 25 show that a majority of Catalans are likely to vote in favour of independence in case a referendum is organised. However, this majority is not very ample and suggests that the high expectations that were put on these elections by national and international media were exaggerated, writes Joan Marc Simon.

Brussels eases grip on Spanish austerity amid social unrest - 15 November 2012 - News

Spain has taken effective action to address its budget deficits in 2012 and 2013, Brussels said, signalling there will be no further escalation of disciplinary budget steps against Madrid, where anti-austerity marches turned violent yesterday (14 November).

Slovak MEP: ‘Acceleration of history’ may redraw borders - 07 November 2012 - News

Today’s economic crisis acts as a catalyst for the “acceleration of history”, a phenomenon similar to the times after the collapse of the Berlin Wall in 1989, which brought something which was not expected - the split of Czechoslovakia - former Slovak foreign minister and current MEP Eduard Kukan told EurActiv.

A letter to our fellow European citizens - 31 October 2012 - Opinion

Spain has benefited enormously from its EU integration and has been regarded as one of the 'miracles' of the past few decades.  However, major errors were committed that now need to be addressed, argue Ángel Saz-Carranza and Carlos Buhigas-Schubert.

Italy, Spain back under market scrutiny - 30 October 2012 - News

Spanish Prime Minister Mariano Rajoy kept financial markets guessing yesterday (29 October) over whether he will seek a credit line from the eurozone's rescue fund but said he would do so "when I think it is in the interests of Spain". Meanwhile, Italian Prime Minister Mario Monti is handling yet another crisis over his government's support from political factions.

Spaniards send mixed messages in regional polls - 22 October 2012 - News

Spanish Prime Minister Mariano Rajoy was given a boost for his austerity drive with an election victory in his home region of Galicia yesterday (21 October), but wins for nationalist parties in the Basque Country could prove a headache for his centre-right government.

EU summit: Wrap-up - 17 October 2012 - News

Check our complete coverage of the October 2012 EU summit, including articles, videos, opinions and summit conclusions.

Spanish aid rumours drown out EU summit agenda - 17 October 2012 - News

Rising expectations that Spain will soon ask for a euro zone credit line to help cut its borrowing costs look set to dominate a European Union summit beginning on Thursday (18 October), potentially crowding out talks on a disputed banking union.

IMF: Give Greece, Spain a break - 11 October 2012 - News

The IMF on Thursday (11 October) backed giving debt-burdened Greece and Spain more time to reduce their budget deficits, cautioning that cutting too far, too fast would do more harm than good.

ESM kicks off as its first client keeps low profile - 09 October 2012 - News

Eurozone finance ministers meeting in Luxembourg launched the European Stability Mechanism (ESM) yesterday (8 October), a €500-billion rescue fund for the 17 countries that share the currency. Its first task will be to help Spain recapitalise its banks, but reportedly no discussion took place about Madrid needing a full bailout.

Spain: Reform or break-up - 02 October 2012 - Opinion

A point of no return has been reached in the negotiations between the Spanish and Catalan governments, raising doubts about the future of the country, says Joan Marc Simon.

Germany tells Spain to hold off bailout request - 02 October 2012 - News

Spain is ready to request a eurozone bailout for its public finances as early as next weekend but Germany has signalled that it should hold off, European officials said yesterday (1 October).

Spanish hotels to get energy-efficiency revamp - 28 September 2012 - News

Spanish hoteliers can now give their buildings an energy-efficient revamp with the help of an online tool calculating their needs, costs and investment returns.

Spain's 2013 budget cut winks at bailout - 28 September 2012 - News

Spain announced a crisis budget for 2013 based mostly on spending cuts on Thursday (27 September) in what many see as an effort to pre-empt the likely conditions of an international bailout.

Popular discontent boils in Spain - 26 September 2012 - News

Protestors clashed with police in Spain's capital yesterday (25 September) as the government prepared a new round of unpopular austerity measures for the 2013 budget.

Spain pledges reform timetable, paves way for bailout - 17 September 2012 - News

Spain told euro zone finance ministers on Friday it will set clear deadlines for structural reforms by the end of the month, in a move European diplomats said would pave the way for an aid request before long to help it tackle its debt pile.

Catalans march for independence - 12 September 2012 - News

Hundreds of thousands of Catalans took to the streets of Barcelona yesterday (11 September) in an unprecedented show of support for autonomy from Madrid, blaming Spain's economic crisis for dragging their wealthy region down.

Spaniards prepare for exit, learn German - 07 September 2012 - News

More and more Spaniards are enrolling in German language courses, seen as a way for them – and their money – to get out of their country's failing economy. 

Spain's Andalucia lines up for €1bn bailout - 04 September 2012 - News

Andalucia has requested a €1 billion state loan to pay its bills, becoming the fourth Spanish region to seek emergency funding from a central government that is weighing up applying for a rescue package of its own.

Flurry of high-level meetings marks start of EU political season - 29 August 2012 - News

European Council President Herman Van Rompuy interrupted his holiday in Seville yesterday (28 August) to visit Spanish Prime Minister Mariano Rajoy in Madrid, while Commission President José Manuel Barroso received Italian Prime Minister Mario Monti. A flurry of other upcoming meetings marks the beginning of a heated season.

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