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Tag Results for "Spanish Economy"
Tourists in Spain Spending More this Year
October 29, 2012 | by HS News Staff | Latino Daily News
Foreign tourists visiting Spain between January and September spent 45.1 billion euros ($58.2 billion), some 7.2 percent more than in the same period of 2011, the Industry, Energy and Tourism Ministry said Monday. continue reading »
Spanish Prime Minister Predicts Stronger Economy in 2013
October 28, 2012 | by HS News Staff | Latino Daily News
Spanish Prime Minister Mariano Rajoy expressed confidence that 2013 will be a better year and that the economic crisis can begin to be overcome in the near future. Rajoy sounded that optimistic note Saturday at the close of a two-day meeting here of the ruling Popular Party. continue reading »
EU Signs Off on Future Spanish “Bad Bank”
October 27, 2012 | by HS News Staff | Latino Daily News
The European Commission and the European Central Bank said in a joint statement Friday that a deal has been struck with Spain on key aspects of a future "bad bank" that will take on other Spanish lenders' toxic property assets, noting that that entity will be up and running on Dec. 1. continue reading »
Mexico’s President-Elect Peña Nieto in Spain Offers Support to Economy
October 15, 2012 | by HS News Staff | Latino Daily News
Mexican President-elect Enrique Peña Nieto delivered an address Monday to business leaders in Madrid, offering Spain the support and assistance of his incoming administration in dealing with the economic crisis. continue reading »
Homeless Families in Spain Squatting After Eviction
October 14, 2012 | by Voice of America | Latino Daily News
Protest groups in Spain have helped families that were kicked out of their homes by banks find shelter in repossessed, empty apartment buildings. Police moved in quickly in most cases, but in Seville about 30 families are going on six months of illegal occupation. continue reading »
Thousands Protest Spanish Austerity Measures in Madrid
September 30, 2012 | by HS News Staff | Latino Daily News
Roughly 4,500 people took part in the latest "Surround Parliament" protest Saturday in the Spanish capital to demand an end to government austerity measures, authorities said. continue reading »
Audit Shows Spanish Banks Need $76 Billion, Banks Only Asking For $40 Billion Bailout
September 29, 2012 | by HS News Staff | Latino Daily News
Spain's troubled banks need roughly 59.3 billion euros ($76.3 billion) to shore up their finances, according to the results of an independent audit released Friday. continue reading »
Bill Clinton Meets with King Juan Carlos, Says He’s Confident Spanish Economy will Recover
September 24, 2012 | by HS News Staff | Latino Daily News
U.S. President Bill Clinton told Spain's King Juan Carlos Sunday that he was confident Spain will get through the economic crisis during a meeting in New York at which the pair discussed the latest outbreak of violence in Muslim countries and the upcoming U.S. election. continue reading »
Spanish Economist Receives Espasa Prize for Book on Economic Crisis
September 13, 2012 | by HS News Staff | Latino Daily News
Economist Leopoldo Abadia was awarded Spain's Espasa Prize on Thursday for a book that charts a roadmap out of the nation's severe economic crisis and describes economic concepts in language accessible to the layperson. continue reading »
Penelope Cruz Vows To Produce Films in Spain To Stimulate Economy
September 8, 2012 | by HS News Staff | Latino Daily News
Spanish actress Penelope Cruz said in an interview published Saturday by Italian daily La Stampa that she plans to produce at least two films a year in her homeland to create jobs amid sky-high unemployment. continue reading »
Mexican, Brazilian Companies Seek Spanish Engineers
September 1, 2012 | by HS News Staff | Latino Daily News
The Spanish professionals most sought after outside their country are engineers, and it's chiefly Mexican, Brazilian and even German companies that are after them. continue reading »
Young Spanish Professionals Look to Mexico for Opportunity, Prosperity
August 25, 2012 | by HS News Staff | Latino Daily News
Many qualified Spaniards in search of a better future are setting their sights on Mexico, whose economic prospects remain positive despite the global slowdown. continue reading »
Record Number of Individuals and Businesses Declare Bankruptcy in Spain
August 7, 2012 | by HS News Staff | Latino Daily News
A record 2,272 Spanish individuals and firms declared bankruptcy in the second quarter, up 28.6 percent from the same period in 2011, the National Statistics Institute, or INE, said Monday. continue reading »
Spanish Stocks See 6 Percent Fall Amid Higher Yields on Sovereign Debt
July 22, 2012 | by HS News Staff | Latino Daily News
Spain's benchmark Ibex-35 index plunged 5.82 percent Friday, the biggest drop of the year, as soaring yields on sovereign debt prompted investors to flee equities. continue reading »
Spanish Art Feud Being Fueled by Poor Economy, “The Lock” to be Sold
July 5, 2012 | by HS News Staff | Latino Daily News
Baroness Carmen Thyssen-Bornemisza, age 69, is selling John Constable’s painting “The Lock” because she is apparently suffering “liquidity” problems brought on by Spain’s economic crisis. It is expected to raise up to £25 million and the piece is housed in Madrid’s Thyssen-Bornemisza Museum.However, the proposed sale is causing an uproar with Spanish art fanatics and has even ignited a bitter family feud. continue reading »
Spain’s Economic Minister Says Recession Expected to Worsen
July 2, 2012 | by HS News Staff | Latino Daily News
Spain's economic recession is getting worse, and the economic figures from the second quarter point to a "slightly greater" decline of the gross domestic product than occurred in the first three months of the year, when it slipped by 0.30 percent, Economy Minister Luis de Guindos said Sunday. continue reading »
Spanish Officials Deny Asking Germany for Bailout
June 4, 2012 | by HS News Staff | Latino Daily News
The Spanish government denied on Sunday that any "pressure" is being exerted by German Finance Minister Wolfgang Schauble on Economy Minister Luis de Guindos to get Spain to ask the European financial stability fund for money to shore up the Spanish banking sector, while Berlin reiterated its confidence in the measures that Madrid is taking to deal with its fiscal woes. continue reading »
Spanish Bank Requests $23.77 Billion Bailout and Admits to Lying About 2011 Profits
May 27, 2012 | by HS News Staff | Latino Daily News
Spain's fourth-largest financial institution said Friday that it needs an additional 19 billion euros ($23.77 billion) from the government to boost loss provisions. continue reading »
Spain’s Largest Banks Downgraded by Fitch Ratings
February 15, 2012 | by HS News Staff | Latin America Business News
Fitch Ratings, which downgraded Spanish sovereign debt a month ago, said Monday it lowered its credit rating of Spain's four largest lenders. continue reading »
Spain’s Largest Banks Downgraded by Fitch Ratings
February 14, 2012 | by HS News Staff | Latino Daily News
Fitch Ratings, which downgraded Spanish sovereign debt a month ago, said Monday it lowered its credit rating of Spain's four largest lenders. continue reading »
