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Rating agency Standard & Poor's says a Spanish request for a bailout to help it through the eurozone's sovereign debt crisis probably would not harm the country's credit rating...Overspending by its semiautonomous regions and a double-dip recession
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The Spanish prime minister, Mariano Rajoy, whose Partido Popular has been blamed for a series of departures from the state broadcaster. Photograph: Susana Vera/Reuters A government making a raft of public spending cuts might not be expected to win
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The economy and the Euro dominate today El Mundo headlines that the USA and Germany have called for more reforms' from Spain and Italy. The paper says that the Spanish Hacienda Minister, Cristobal Montoro, admitted the deficit reached 4% in June, or
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Spanish government could lose market access if it can't reverse rapidly deteriorating investor sentiment, the International Monetary Fund said Friday, as data showed Spanish unemployment hit a new record high. In its annual report on the euro zone's
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Spanish Prime Minister Mariano Rajoy is caught between a rock and a hard place...At the same time, an impatient EU is piling on the pressure to inflict even more pain at speed. It is a difficult balancing act for Rajoy, who needs his voters to
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Monday July 23 2012 A judge has rejected a request for the former chairman of Spain's Bankia , Rodrigo Rato , to give evidence in a fraud case against him and other executives at the failed bank before he appears at a parliamentary inquiry on
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Facebook, Apple and Microsoft also have faced serious scrutiny from European regulators in the past year. And even if Google succeeds in settling the sprawling antitrust case here, it is facing investigations into its new privacy policy and its
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Firefighters, police in plainclothes and civil servants have tried to march on Spain's Parliament to protest stinging austerity measures, but were blocked by police in riot gear manning layers of metal fences protecting the legislature. Police got in
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Mario Monti has German support for his tough austerity programme The winding down has begun...The great European escape has started and in a couple of weeks the bureaucratic enclave of Brussels will appear evacuated. The summer usually brings a pause
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It considers that Rajoy is losing control to Brussels A less than generous take on Mariano Rajoy and his Government has been published in the British weekly, The Economist'. They say Spain has discovered that bail-outs bring austerity and lost
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