The loss of credit is contributing to Spain’s troubles by raising unemployment and cutting tax revenues, making it harder to bring its budget deficit down to manageable levels.
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Small and Medium Businesses Suffer as Spain Bank Loans Shrivel
Posted by kagan 3 hours ago (http://www.nytimes.com)
Beach Party In Salinas. ibiza spain - ibiza beach
Posted by murat 1 day 2 hours 45 minutes ago (http://www.bookmarkin.com)
Beach Party in Ibiza beach SAlinas.
In Spain, Bank Transfers Reflect Broader Fears
Posted by kagan 2 days ago (http://www.nytimes.com)
As Spaniards move their money out of troubled institutions, officials worry about the ripple effect of a full bank run.
Spain's economy has been battered by bad news. And in Madrid, worried savers are asking where it will end.
Queen Sofia of Spain: Europe's lonely royal consort
Posted by cagan 7 days ago (http://www.telegraph.co.uk)
Ordered to decline an invitation to the Queen's Diamond Jubilee banquet, Spain's Queen Sofia is more isolated and alone than ever.
Spain beset by bank crisis, downgrades, bond pressure
Posted by cagan 9 days ago (http://www.reuters.com)
MADRID (Reuters) - Spain's borrowing costs shot up at a bond auction on Thursday and its troubled banks suffered a double blow, with shares in part-nationalized Bankia diving and 16 lenders - including the euro zone's biggest - having their credit ratings cut.
Spain Tries to Calm Fears About Ailing Lender
Posted by kagan 9 days ago (http://www.nytimes.com)
A week after Spain seized control of Bankia, the government was forced to deny that clients were scrambling to withdraw funds from the lender.
Tens of Thousands Protest Austerity in Spain
Posted by cagan 13 days ago (http://www.nytimes.com)
Protesters were also commemorating the anniversary on Tuesday of a movement that inspired other groups on Wall Street and across the Western world.
In Spain, Grupo A.C.S.’s High Debt Reflects Country’s Finances
Posted by kagan 16 days ago (http://www.nytimes.com)
The debt load of Grupo A.C.S., a giant construction company based in Spain, reflects the country’s severe financial struggle.
Jack Osbourne and fiancée Lisa Stelly's baby daughter: first picture
Posted by kagan 20 days ago (http://www.dailymail.co.uk)
Jack has said of Pearl: 'The moment I saw her I felt more love than I'd ever felt for anything. It was the weirdest, most overwhelming thing.'
News Analysis: Spain, Pursuing Austerity, Still Waits for the Payoff
Posted by kagan 29 days ago (http://www.nytimes.com)
Stringent fiscal policy has failed to attract global bond investors to Greece, Ireland and Portugal, and the approach is now being severely tested in Spain.
Shares edge up; Spain downgrade caps gains
Posted by cagan 30 days ago (http://www.reuters.com)
TOKYO (Reuters) - Asian shares edged higher on Friday on firm U.S. data, but a two-notch downgrade of Spain's credit rating capped gains, while fresh easing measures by the Bank of Japan briefly pushed Tokyo stocks up over 1 percent and the dollar above 81 yen.
Spain Stings Argentina Over Nationalization of Repsol YPF
Posted by kagan 36 days ago (http://www.nytimes.com)
Spain said it would seek to restrict imports of biodiesel from Argentina, its first retaliatory measure since the announced expropriation of Repsol YPF assets.
Incensed Spain threatens Argentina after YPF seizure
Posted by cagan 39 days ago (http://www.reuters.com)
MADRID (Reuters) - An incensed Spain threatened swift economic retaliation against Argentina on Tuesday after it unveiled plans to seize YPF, the South American nation's biggest oil company which is controlled by Spanish energy group Repsol.
Spain Weighs Response to Nationalization of YPF
Posted by kagan 39 days ago (http://www.nytimes.com)
Shares of the Spanish oil company Repsol YPF fell sharply in Madrid on Tuesday, a day after Argentina announced plans to nationalize the company's extensive operations in that country.
King of Spain Has Hip Surgery After Hunting Trip
Posted by cagan 41 days ago (http://www.nytimes.com)
King Juan Carlos, who was injured during a vacation to Botswana, has been called upon by some politicians to release details on his trip’s financing.
Spain and Italy Show Europe’s Problems Aren’t Over
Posted by kagan 41 days ago (http://www.nytimes.com)
The gloom over the Continent had seemed to be lifting, but a jump in borrowing costs for two countries signaled clearly that the euro’s problems are far from solved.
Spain Targets Tax Fraud to Counter a Recession
Posted by kagan 43 days ago (http://www.nytimes.com)
Spain approved several measures to crack down on tax fraud, seeking to reassure investors that it can replenish its coffers amid a $35 billion squeeze in the budget.
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