The President of the Government began his interview by acknowledging he had not foreseen the “magnitude” of the economic crisis, as could also be said for the majority of governments around the world.
Regarding the worst crisis in 80 years and whose greatest consequence has been the significant job losses, he said “I feel responsible for [...]
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Spain´s public debt is still at manageable levels, and less than the OECD average in relation to GDP, but it must be brought be under control, OECD Secretary General Angel Gurria said in Madrid on Tuesday.
He also said Spain´s debt situation is not comparable with that of Greece.
“I believe that the situation with Greece´s debt [...]
Embarrassed when a man in a tuxedo and top hat follows you into a restaurant and silently joins your lunch date?
Mission accomplished.
Mortified when a trio of rotund men dressed as superheroes asks your neighbors for donations to help your financial situation?
Juan Carlos Granda sees his job as almost done.
The recession has hit Spain hard, with [...]
The yield is set at 4.66%, and the issue amount is 5,000 million euros.
The Public Treasury has launched a syndicated issue of 15-year bonds with a coupon rate of 4.65% and maturity in July 2025. The yield of this issue is 4.66% and the issue amount is 5,000 million euros.
The transaction has been well received [...]
Britain´s exposure to the financial turmoil sweeping through southern European economies could be far greater than previously thought, according to data seen by the Guardian.
Despite relief that Britain´s decision to stay out of the euro has avoided the kind of budgetary crisis brewing in Mediterranean nations, figures showing that UK sales to Spain, Britain´s seventh-largest [...]
Nearly 65,000 Britons living in European countries including Spain, Portugal and Greece are receiving state-funded winter fuel payments designed to help them cope with cold weather, it has emerged.
The payments are worth between £125 and £400 each winter and if the 63,740 expatriates are receiving the average amount, a total of almost £14 million could [...]
The European Court of Justice has been highly involved with the gambling issue over the past several years. Many of the member countries have disregarded EU agreements with their Internet gambling laws, and now Spain has caught the eye of the ECJ.
Spain's current gambling tax laws are in violation of EU agreements, according to the [...]