SPAIN IS coming under renewed political scrutiny in Europe as premier Mariano Rajoy struggles to convince investors that his administration can assert control over the country’s wayward finances.
04/10/2012
— Filed under: Politics
Tags: bond auction, Spain
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European leaders Thursday urged all countries to stick by tough fiscal rules and showed little sympathy with Spain and the Netherlands over their budget problems even as they’re looking to ramp up efforts to boost the region’s sagging economies.
02/5/2012
— Filed under: Finance
Tags: EU, leaders, Netherlands, Spain
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 have told Reuters.
01/25/2012
— Filed under: Finance
Tags: monetary affairs, Spain
In a nearly $20-billion package of spending cuts and tax increases passed by the parliament, the government moved most holidays away from midweek to Mondays to cut off time and increase productivity.
European finance ministers on Tuesday ordered Greece and Spain to swiftly get debts under control as a recession threatened to undermine efforts to end a two-year crisis.
01/1/2012
— Filed under: Finance,Politics
Tags: debt, Greece, Spain
Spain’s new government needs to enact more reforms to cut the country’s joblessness levels and its fiscal deficit, the EU’s top economic official said on Wednesday, stressing that youth unemployment was a big worry.
12/23/2011
— Filed under: Finance
Tags: budget, http://www.reuters.com/article/2012/01/11/eu-spain-deficit-idUSB5E7N500820120111, Spain
Spain and Italy gave financial markets a boost Thursday as they successfully raised nearly euro22 billion ($27,98 billion) in two keenly watched debt auctions that showed renewed investor confidence in their attempts to get a grip on their debt problems.
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Spain Friday marked the bicentennial of the launch of its Cadiz Constitution, which is seen as having laid the foundations for its modern democracy.
08/22/2010
— Filed under: Politics
Tags: democracy, Juan Carlos, Spain
Spain will raise taxes on the highest earners and cut spending in the most austere budget in at least three decades to slash the euro region’s third-largest deficit. The government raised its jobless forecast and left its economic-growth estimate unchanged.
