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Tag Results for "Spain Economic Crisis"

Treasurer of Spain’s Governing Party Forced to Surrender Passport

In Spain news, Sen. Luis Barcenas has been ordered to surrender his passport after he was found with nearly $30 million in Swiss bank accounts. Barcenas is treasurer of the ruling Popular Party. continue reading »

More Than 1,200 Iberia Flight to Be Grounded During Planned Strike

Spanish airline Iberia announced that more than 1,200 flights will be grounded next week, when workers are scheduled to go on strike to protest a restructuring plan that includes 3,807 layoffs. continue reading »

Spanish Prime Minister Rajoy Advocates for Economic Growth with Latin America

Spanish Prime Minister Mariano Rajoy told leaders attending a summit here Sunday that countries should deal with the financial crisis by taking measures appropriate for their economic situation, Spanish officials said. continue reading »

Spain Did Not Meet 2012 Deficit Goals EC Assumes

The European Commission said in a report issued Tuesday that it was assuming that Spain did not achieve the goal of reducing its public-sector deficit to less than 6.3 percent of the gross domestic product in 2012. continue reading »

Prime Minister Rajoy: Spain Will Start to See a Recovery this Year

Prime Minister Mariano Rajoy said in an interview with the Financial Times that the economic recovery will be felt in Spain this year, when the reforms implemented by his government will start "to bear fruit." continue reading »

Spanish Population Grows by 6 Million in 10 Years, Driven by Foreigners Migrating to Country

The Spanish population grew by 6 million people over the last decade (2001-2011) to reach 46.8 million inhabitants, largely due to the number of foreigners living in Spain, a segment that has tripled in that period to a total of 5.2 million. continue reading »

Amid Crisis Luis Maria Linde Named Spain’s New Central Bank Chief

Prime Minister Mariano Rajoy's government named a new governor of Spain's central bank on Thursday, entrusting him with overseeing the continued restructuring of the nation's troubled financial sector. continue reading »