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Spain’s Telefonica Purchases Telecom Spectrum for $844 Million

Spanish telecommunications giant Telefonica spent 550 million pounds ($844.23 million) to acquire spectrum in an auction in Britain, the company said Wednesday in a regulatory filing. continue reading »

63 Suspect Gang Members Arrested in Spain

Spanish security forces arrested 63 suspected members of a gang whose main activity was ripping off drug traffickers but who also engaged in murder, kidnapping, sexual assault and fraud, the Interior Ministry said Wednesday. continue reading »

Miss Spain Pageant Files for Bankruptcy Protection

The Miss Spain Pageant has filed for bankruptcy protection from its creditors, the Official Bulletin of the State said Wednesday. The case is being handled by a bankruptcy court in Madrid, where the bankruptcy petition was filed on Feb. 7. continue reading »

Members of Italy’s Cosa Nostra Arrested in Spain

Two suspected members of Italy's 'Ndrangheta organized crime group were arrested here Monday on drug and racketeering charges, Spanish police said. continue reading »

Orbest Airlines’s Bankruptcy Protection Filling Will Not Affect Travelers

Flights operated by Orbest airlines are normal and Spanish tourists in Mexico and the Dominican Republic are returning home as scheduled, Spanish tour operator Orizonia, which sought bankruptcy protection last week, said Sunday. continue reading »

EU Approves Stricter Controls on Meat in Light of Horsemeat Scandal

The European Union on Friday approved tighter controls on beef within its member states to determine the extent to which horsemeat is being fraudulently labeled as beef and sold to consumers. 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 »

Spain to Devote $4.67 Billion for Job Creation Over Next 4 Years

Spain will devote 3.5 billion euros ($4.67 billion) over the next four years toward efforts to expand economic opportunities for young people and encourage self-employment, the government said Thursday. continue reading »

Bill Gates Discusses Difficulties of Education Investment in Spain

Spain "is a good country" that is "going through tough times" amid economic stagnation and a 26.1 percent unemployment rate, philanthropist Bill Gates said in an interview with Efe in Mexico. continue reading »

Police Arrest 6 French Soccer Fans After Incidents at Match in Spain

Six French nationals who traveled to this Mediterranean city for Paris Saint-Germain's Champions League match with Valencia were arrested after incidents outside the stadium, Spanish police sources told Efe Wednesday. continue reading »

Bill to Stop Evictions Gets Top Priority in Spain

Spain's governing conservative Popular Party and main opposition Socialists agreed Wednesday to expedite a citizens' bill that would halt evictions of homeowners who are behind on their mortgage payments. continue reading »

Spain’s Foreign Minister in Japan Hoping to Improve Economic Growth

Spain is looking to Japan as an ally for achieving economic growth via the "creation of joint enterprises" in areas of common interest, Spanish Foreign Minister Jose Manuel Garcia-Margallo told Efe Wednesday. continue reading »

Spanish PM Honors Country’s World-Champ Handball Team

Spanish Prime Minister Mariano Rajoy on Monday congratulated his country's world-champion national handball team for offering a "colossal image of Spain" abroad, showing that "one need neve continue reading »

Melia Hotels of Spain Now Looking to Americas, Asia for Expansion

The Americas and Asia are the main engines of growth for Melia Hotels International, although the Spanish and European markets remain important also, the Spanish firm's vice president continue reading »

5 Cruise Crew Members Die During Lifeboat Drill in Spain

Five crewmen from a British cruise ship docked in Santa Cruz de La Palma, a city in Spain's Canary Islands, were killed and three others injured Sunday when a lifeboat plunged into the water during an evacuation drill, the emergency management office said. continue reading »

Corruption Allegations Force Rajoy to Release Income Statements

Spanish Prime Minister Mariano Rajoy, who faces allegations he received under-the-table payments from a purported Popular Party slush fund, on Saturday released income statements that show he received net income for his work of 74,912 euros (roughly $100,100) last year. continue reading »

Anarchists Claim Responsibility for Attempted Cathedral Bombing in Spain

An anarchist group has claimed responsibility for a thwarted attempt to set off a bomb at Madrid's La Almudena Cathedral, Spanish police sources told Efe Friday. continue reading »

Spain Apprehends Moroccan Terror Suspect

An Islamist militant from Morocco was arrested in the eastern city of Valencia on suspicion of planning terrorist attacks in Spain and other European countries, the Spanish Interior Ministry said Friday. continue reading »

Police Dismantle Bomb at Cathedral in Madrid

Sappers successfully dismantled a bomb discovered Thursday next to a confessional inside Madrid's La Almudena Cathedral, Spanish police said. continue reading »

Large Scale EuroVegas Casino Coming to Madrid

The Madrid suburb of Alcorcon has been chosen as the site of the large-scale EuroVegas casino and resort project, Las Vegas Sands Corp. President and COO Michael Leven and Community of Madrid President Ignacio Gonzalez announced here Friday. continue reading »