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Breaking News Tue, 14 Feb 2012
Banco de Espaa (Madrid)  (Bank of Spain)
(photo: Public Domain / Fer.filol)
Spain cuts pay for rescued bank bosses
The Guardian
| Rajoy government cuts Bankia boss's pay by 75% to €600,000, while nationalised banks' chiefs will be limited to half of that Spain's prime minister, Mariano Rajoy. The salary move is part of a round of banking reforms that saw Spanish banks ordered to put aside €50bn for bad loans. Photograph:...
Spain approves tough labour market reforms
(photo: DOD / Public Domain)
Spain approves tough labour market reforms
France24
| AFP - Spain's right-leaning government slashed employees' maximum severance pay in a sweeping labour reform unveiled Friday to confront a near 23-percent unemployment rate. | Severance pay falls to a maximum of 33 days' salary for each year of employment from the previous level of 45 days, Employm...
European Union 'Very Likely' To Impose Sanctions Against Spain: Official
Huffington Post
| * Sanctions against Spain "very likely" - EU officials | * Delay in 2012 budget bad for confidence | * Labour and financial reforms not enough | * Spain could still win respite on deficit, softer targets | By Julien Toyer and Paul Day | BRUSSELS/MA...
Italy, Spain debt costs fall
Independent online
Italy's three-year borrowing costs hit their lowest since March at an auction on Tuesday, with an overnight sovereign rating cut having little impact as cheap ECB loans continued to support demand and ease its path towards an ambitious refinancing go...
Italy, Spain, Greece rates fall despite Moody's blow
Jakarta Globe
Italy, Spain and even Greece managed to raise fresh funds at lower borrowing rates Tuesday in spite of Moody's sovereign debt downgrades and Athens' battle to avert bankruptcy. | Italy and Spain, the eurozone's third- and fourth-biggest economies, lu...
EU to punish Spain for deficits, inaction
Independent online
The European Union is likely to take action against Spain's newly installed government by May for delaying austerity measures ahead of a regional election next month, sources familiar with the situation told Reuters. | A final decision still has to b...
MD 87 (Registration EC-KET) of the Spanish airline Spanair, seen at Palma de Mallorca Airport
Creative Commons / Wo st 01
Airline Spanair ceases trading
Irish Times
| Passengers were stranded at Spanish airports today after airline Spanair abruptly went bust, cancelling all its future flights at half an hour's notice. | "Faced with the lack of...
German Finance Minister Wolfgang Schaeuble, right, points to French Finance Minister Francois Baroin, left, during a session at the World Economic Forum in Davos, Switzerland, Friday, Jan. 27, 2012.
AP / Michel Euler
Deadlock in Davos as pressure on Greece rises
The Independent
| The move to make Greece hand over control of budgetary policy as the price for agreeing a €130bn rescue package would represent a humiliating blow to Greece's hopes of controll...
This handout photo provided by the International Monetary Fund (IMF) shows the IMF's Economic Counselor Olivier Blanchard during a news conference at the IMF in Washington, Monday, April 11, 2011, to discuss the World Economic Outlook.
AP / Stephen Jaffe, IMF
World recession a danger, warns IMF
The Independent
| "The world recovery, which was weak in the first place, is in danger of stalling," said the fund's chief economist, Olivier Blanchard, in Washington. | The IMF hacked b...
Apple thriving in Spain where pain rages from debt crisis
Contra Costa Times
Sales up despite hard economic times in country | ...
Spain cuts pay for rescued bank bosses
The Guardian
| Rajoy government cuts Bankia boss's pay by 75% to €600,000, while nationalised banks' chiefs will be limited to half of that Spain's prime minister, Mariano Rajoy. The salary move is part of a round of banking reforms that saw Spanish banks order...
Spain approves tough labour market reforms
France24
| AFP - Spain's right-leaning government slashed employees' maximum severance pay in a sweeping labour reform unveiled Friday to confront a near 23-percent unemployment rate. | Severance pay falls to a maximum of 33 days' salary for each year of empl...
Spain
Real Madrid's Cristiano Ronaldo from Portugal, second left, celebrates his goal with coach Jose Mourinho from Portugal, second right, and Coentrao, left, during a Spanish La Liga soccer match against Levante at the Santiago Bernabeu stadium in Madrid, Spain, Sunday, Feb. 12, 2012.
(photo: AP / Andres Kudacki)
Cristiano Ronaldo nets Real Madrid's 4000th La Liga goal at the Santiago Bernabeu in victory ...
Goal
The Portuguese attacker cements his legendary status at the club as he celebrates a major milestone in Madrid's history with another world class display | Bet: £5 £10 £20 £50 £100 Returns: Real Madrid £10.80 Draw £95.00 Racing £260.00 Bet: £5 £10 £20 £50 £100 Returns: Real Madrid ...
Financials
Real Madrid president Florentino Perez speaks during the handover ceremony in Madrid on Friday, April 16, 2010.
(photo: AP / Victor R. Caivano)
Kings of Europe - Barcelona & Real Madrid look set to rule the roost both ...
Goal
The Spanish giants top the Deloitte money list once again and are widening the gap on their continental rivals, making a period of domination inevitable over the next 10 years | Bet: £5 £10 £20 £50 £100 Returns: Leverkusen £70.00 Draw £42.00 Barcelona £14.00 Bet: £5 £10 £20 £50 £100 R...



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