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EU Considering Giving Spain More Time to Reduce Its Budget Deficit

EU Considering Giving Spain More Time to Reduce Its Budget Deficit

The European Union's economic and monetary affairs commissioner said Friday that Spain may be given more time to reduce its budget deficit if it is shown to have fulfilled its structural fiscal obligations. continue reading »

PSG Coach Carlo Ancelotti Gives Verbal Agreement with Real Madrid

PSG Coach Carlo Ancelotti Gives Verbal Agreement with Real Madrid

Spanish soccer club Real Madrid has a "verbal agreement" with Italian manager Carlo Ancelotti that could bring him to the Bernabeu next season, French newspaper Le Parisien said Wednesday. continue reading »

Spain’s Telefonica Purchases Telecom Spectrum for $844 Million

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 »

Spanish Wine Makers Looking to Expand into Mexican Market

Spanish Wine Makers Looking to Expand into Mexican Market

A total of 47 Spanish wine producers participated in the 7th Wines of Spain Exhibition held on Tuesday in this capital, an event designed to allow local sector professionals to get to know brands continue reading »

Barça Loses 2-0 to Milan

Barça Loses 2-0 to Milan

FC Barcelona will have to deliver a spectacular performance at Camp Nou after losing 2-0 on the road Wednesday in the first leg of its Champions League elimination battle with AC Milan. continue reading »

63 Suspect Gang Members Arrested in Spain

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 »

Catalan Artist Uses Napkins to Create Masterpieces

Catalan Artist Uses Napkins to Create Masterpieces

When is a napkin more than a napkin? When Joan Sallas gets his hands on it. Sallas, 48, is a Catalan artist living in Germany who turns linen napkins into impressive works of art using only his hands. continue reading »

Miss Spain Pageant Files for Bankruptcy Protection

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 »

LaTienda.com’s Campaign for Spain with Penelope Cruz and Annie Sibboney Raises over $50,000

LaTienda.com’s Campaign for Spain with Penelope Cruz and Annie Sibboney Raises over $50,000

In November 2012, LaTienda.com launched the Campaign for Spain to support the Spanish Federation of Food Banks (FESBAL). With Spain suffering through its worst social and economic crisis in at least a generation, and unemployment at over 25%, La continue reading »

Spain Trims its Budget Deficit by $28.1 Billion

Spain Trims its Budget Deficit by $28.1 Billion

Spain's budget deficit came in below 7 percent of the gross domestic product last year, while the target agreed to with the European Commission was 6.3 percent, Prime Minister Mariano Rajoy said Wednesday. continue reading »

Spain’s Cervantes Institute to Help Brazilian Troops Learn Spanish

Spain’s Cervantes Institute to Help Brazilian Troops Learn Spanish

The Rio de Janeiro branch of Spain's Cervantes Institute will help train military instructors to teach Spanish to Brazilian army troops, as per an agreement announced Tuesday. continue reading »

Spain Helps Nicaragua Close the Biggest Garbage Dump in Latin America

Spain Helps Nicaragua Close the Biggest Garbage Dump in Latin America

Spain presented Tuesday to the city government of Managua the sealing off of the biggest garbage dump in Latin America, the flagship project of Spanish aid to Nicaragua. continue reading »

Lots of Surprises at FashionWeek Madrid

Lots of Surprises at FashionWeek Madrid

The creations of both young and veteran Spanish fashion designers on the second day of Mercedes-Benz FashionWeek Madrid are focusing on the female figure and classy urban garments. continue reading »

Messi Breaks More Records, Lands 300th Club Goal in Record Time (VIDEO)

Messi Breaks More Records, Lands 300th Club Goal in Record Time (VIDEO)

Lionel Messi is once again showing us why he's considered the best in the world. At just 25, the Argentine striker just hit 300 club goals with Barça in their continue reading »

CHAMPIONS LEAGUE 2013: Porto Defeats Malago 1-0

CHAMPIONS LEAGUE 2013: Porto Defeats Malago 1-0

A goal in the 56th minute by midfielder Joao Moutinho was enough to give Porto a 1-0 win over visiting Malaga in the first leg of their confrontation in the Champions League knockout stage. continue reading »