Spain’s unemployment eases further in July

unemployment

The number of people unemployed in Spain, which has the highest rate in the euro zone, fell for the fourth month in a row in July as the tourism industry hired workers for the summer, the government said today.

07/19/2010 — Filed under: Business,Society
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Spain proposes deep cuts to solar PV support

Solar-energy

The Spanish government on Sunday announced plans to slash incentives for new solar photovoltaic (PV) installations by up to 45 per cent, although it appeared to edge away from proposals that would have resulted in reduced support for existing installations.

07/18/2010 — Filed under: Business
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Spain admits economic recovery will be slow

Elena Salgado

Spain’s finance minister admitted on Sunday that the country’s economic recovery would be slow due to the government’s austerity drive.

05/31/2010 — Filed under: Finance
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Bring an end to Spain’s black economy

Madrid

IN a recent letter printed in the Olive Press (issue 83) a reader made a plea to PM Jose Luis Zapatero to finally clamp down on Spain’s infamous black market.

05/28/2010 — Filed under: Finance
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World Bank says the economic situation in Spain is «very serious»

World Bank

The World Bank says the economic situation in Spain is «very serious».

«The global economic recovery continues, but the debt crisis of Europe has placed new obstacles in the path to a sustainable medium-term growth,» says the report released Friday.

05/23/2010 — Filed under: Finance
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Leading Spanish judge faces Supreme Court trial

judge

A Spanish judge will face trial for alleged abuse of power in his probe into human rights abuses under the former Spanish dictator Francisco Franco, a Supreme Court spokeswoman told CNN Wednesday.

05/15/2010 — Filed under: Crime
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Cajasur bail-out hits Spanish bank shares

лого

Shares in Spanish banks have fallen after the government had to rescue one of the country’s biggest regional lenders over the weekend.

05/12/2010 — Filed under: Finance
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Spain arrests fugitive Italian drug lord, on the run for 21 years

crime

Spain’s Interior Ministry says it has arrested a leading drug lord belonging to the Italian Camorra organized crime syndicate.

05/6/2010 — Filed under: Crime
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Spain’s rush to repair banks risks leaving job half done

The Bank of Spain

In the rush to fix its struggling savings banks, Spain risks leaving the job half finished.

05/5/2010 — Filed under: Business,Society
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Stock markets climb on Spain deficit plans

stock

Stocks have risen in Europe and Asia after Spain announced plans to cut its budget deficit, easing worries that Europe’s debt crisis could spread.

04/24/2010 — Filed under: Business
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