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Spain’s Bankia Bank has Value of -$5.49 Billion

Spain’s Bankia Bank has Value of -$5.49 Billion

Bankia, which was nationalized in May at its own request, has a negative value of 4.148 billion euros ($5.49 billion), Spain's state-backed FROB bank restructuring fund said Wednesday. continue reading »

Spanish Bakery Makes World’s Largest Pastry

Spanish Bakery Makes World’s Largest Pastry

A Spanish pastry bakery created a "polvoron" - a type of shortbread - calculated to be the largest in the world and distributed it on Wednesday among 10,000 people at a mall in this southern city. continue reading »

Exports of Spanish Arms and Defense Sector Drop 44 Percent in Spain

Exports of Spanish Arms and Defense Sector Drop 44 Percent in Spain

Spain's arms exports fell 43.7 percent in the first half of the year compared with the same period in 2011, the Industry Ministry said in a report released Wednesday. continue reading »

Extreme Traffikcing:  Spanish Authorities Seize over 11 Tons of Hashish

Extreme Traffikcing:  Spanish Authorities Seize over 11 Tons of Hashish

Spanish police arrested 35 people and seized more than 11 tons of hashish, marking one of the biggest blows to traffickers of this drug in the Iberian Peninsula, officials said Wednesday. continue reading »

Spain’s Luxury Goods and Services Sector Up 15 Percent from 2011

Spain’s Luxury Goods and Services Sector Up 15 Percent from 2011

Spanish firms offering luxury goods and services will end the year with total sales of 4.79 billion euros ($6.3 billion), up 15 percent over 2011. continue reading »

Spain’s King Juan Carlos Speaks of Economic Crisis in Christmas Message to Country

Spain’s King Juan Carlos Speaks of Economic Crisis in Christmas Message to Country

Spain's King Juan Carlos on Monday defended the idea of making austerity compatible with economic growth and emphasized that the country is "part of the solution to the global crisis." continue reading »

FC Barcelona Tops 2012 Spanish Soccer League

FC Barcelona Tops 2012 Spanish Soccer League

FC Barcelona emerged as the winter champions in the Spanish soccer league for 2012 by notching three more points for an accumulated total of 49 out of 51 possible since the start of the season. continue reading »

Spain Revokes Asylum Status for Pakistani who Directed Anti-Muslim Video

Spain Revokes Asylum Status for Pakistani who Directed Anti-Muslim Video

Spanish authorities have revoked asylum for a Pakistani citizen, who filmed a defamatory video about Mohammed, for "putting the security of the Spanish state at risk," Interior Ministry officials told Efe on Saturday. continue reading »

Spanish Engineering Firm to Benefit from $100 Million Loan From IDB

Spanish Engineering Firm to Benefit from $100 Million Loan From IDB

Spanish engineering and consulting company Isolux has received a $100 million corporate loan from the Inter-American Development Bank to finance renewable energy and energy infrastructure projects in Peru and Brazil. continue reading »

Christmas Lottery Distributes $3.3 Billion in Spain

Christmas Lottery Distributes $3.3 Billion in Spain

The more than 2.5 billion euros (some $3.3 billion) distributed Saturday by Spain's Christmas lottery, the most anticipated and popular of the year, provided a breathing space for many Spaniards and immigrants, many of them jobless, amid the economic crisis the country is going through. continue reading »

Shakira and Pique’s Son To Be Made FC Barcelona Member at Birth

Shakira and Pique’s Son To Be Made FC Barcelona Member at Birth

Following in the footsteps of his father, the son that Spanish soccer player Gerard Pique and Colombian singer Shakira expect this January will be an FC Barcelona soccer club member from the minute he is born. continue reading »

Spanish PM Says Economy Will Grow in 2014

Spanish PM Says Economy Will Grow in 2014

Prime Minister Mariano Rajoy said here Saturday during an unannounced trip to Afghanistan that Spain's economy will improve next year and start growing again in 2014. continue reading »

Spain Overturns Cyclists Doping Disqualification, Restores Vuelta Win

Spain Overturns Cyclists Doping Disqualification, Restores Vuelta Win

Spain's Supreme Court upheld on Friday the overturning of the doping disqualification that cost cyclist Roberto Heras his victory in the 2005 Vuelta a EspaƱa. continue reading »

Immigration Whore Arrested For Marrying Undocumented Migrants for Cash

Immigration Whore Arrested For Marrying Undocumented Migrants for Cash

A 40-year-old Spanish woman has been arrested for being simultaneously married to three Nigerians who paid her 3,000 euros ($3,952) each to marry them so they would be eligible to be naturalized, police said Friday. continue reading »

Spanish Royal Family Joins YouTube Community

Spanish Royal Family Joins YouTube Community

Images of the official activities of Spain's King Juan Carlos and Queen Sofia, as well as Crown Prince Felipe and Princess Letizia, can now be viewed on YouTube. continue reading »