BBVA Wins Catalunya Banc Auction For €1.1 Billion, But At An €11.5 Billion Loss To Spanish Taxpayers

NEWSNATIONALCATALUNYA BANC: Today’s sale follows the purchase of Catalunya Banc’s distressed mortgage book to Blackstone last Thursday for €3.6 billion.

Published: July 21, 2014, 8:59 pm

    Spain’s New €17 Million Child Poverty Fund “Very, Very Far” From What’s Needed, Say Regions & NGOs

    NEWSNATIONALCHILD POVERTY: Spanish children affected by poverty cannot afford to wait, says Unicef Spain, as Spanish regions criticise unequal and insufficient funding.

    Published: July 21, 2014, 1:19 pm

      Volunteers And Workers Clean Up 15 Tonnes Of Crude Oil Spilt Onto A Canary Islands Diving Beach


      NEWSCANARY ISLANDSOIL SPILL: The scenes bring back memories of the Prestige disaster in 2002 and remind residents of the risks of prospecting for oil in the seas off the islands.

      Published: July 20, 2014, 8:19 pm

        Hundreds Of Firefighters Tackle Thousands Of Acres Of Wildfires Destroying Countryside Across Spain


        NEWSNATIONALWILDFIRES: More than 500 firefighters are tackling wildfires destroying thousands of acres of Spanish countryside, after record-low rainfall levels in 2014.

        Published: July 20, 2014, 7:07 pm

          Pedro Sánchez Voted New Secretary General Of Spanish Socialist Party (PSOE) With 49% Of Vote


          NEWSNATIONALPSOE LEADERSHIP: Mr Sánchez must now attempt to turn the Spanish Socialist Party around from its record-low European election results before 2015 election season.

          Published: July 13, 2014, 10:04 pm

          Gowex To File For Bankruptcy After CEO Falsifies Accounts: “Last 4 Years—At Least—Not True Picture”


          NEWSNATIONALGOWEX: Gowex board accepts resignation of CEO Jenaro García, who has tweeted his apology. Spanish stock market operator BME talks of: “very serious implications”.

          Published: July 6, 2014, 3:16 pm

          Catalan Parliament Votes For Republic Referendum As Felipe VI Coincides With Artur Mas In Gerona


          NEWS: Felipe VI makes his first visit as king to Catalonia, 600 protestors march in Gerona to shouts of “burn the Spanish crown”, and the Catalan parliament demands a referendum on a republic.

          Published: June 27, 2014, 12:12 pm

          Two Bomb Scares In One Week In Gibraltar: EOD Team Carries Out “Routine Controlled Explosions”

          NEWS: Two suspicious packages have been found within 72 hours this week at Gibraltar airport, inside a security zone close to the control tower. Gibraltar authorities say the incidents are not linked.

          Published: June 26, 2014, 1:15 pm

            Judge Castro Charges Spain’s Princess Cristina With Counts Of Tax Fraud And Money Laundering

            NEWS: Following years of investigation and formal interrogations in court, Judge Castro has decided to charge 16 people, including the king’s sister, Princess Cristina, with a range of financial crimes.

            Published: June 25, 2014, 8:11 pm

              Lab Results Negative For West African Ebola Virus In Valencia After Health Authorities Activate Alert

              NEWS: La Fe Hospital in Valencia told The Spain Report on Friday morning that the patient, a man from Guinea Conakry, had been released from hospital after being in isolation since Monday night.

              Published: June 25, 2014, 1:29 pm

                The Day Spain Proclaimed Felipe VI King

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                CHRONICLE: On a gloriously warm late-spring morning in Madrid, the entire Spanish establishment and tens of thousands of Spaniards gathered to proclaim Felipe VI the new King of Spain.

                Published: June 22, 2014, 5:44 pm

                Spain’s King Juan Carlos Signs His Abdication Into Law At A Ceremony At The Royal Palace In Madrid


                NEWS: King Juan Carlos has signed his abdication bill into law this evening during a short ceremony at the Royal Palace in Madrid, following its approval by both houses of the Spanish parliament.

                Published: June 18, 2014, 8:24 pm

                Spanish Household Spending Has Fallen 14.5% Since 2008 And Non-Essential Spending By 30%


                NEWS: Spanish households now spend 14.5% less on all goods compared to 2008, the first full year of the economic crisis. Spending on clothing, furniture, transport and leisure has dropped by 30%.

                Published: June 17, 2014, 11:03 am

                  This Is What Happens In A Podemos Citizens’ Circle


                  CHRONICLE: The Podemos circle in Murcia last night was long, hot, sweaty, chaotic and confusing, but the 150 circle attendees were excited about being listened to and about participating in politics.

                  Published: June 12, 2014, 10:24 am

                  Eduardo Madina, Favourite To Lead PSOE, Declares Republican Sympathies Day Before Abdication Vote


                  NEWS: After days of speculation before tomorrow morning’s abdication bill vote in the Spanish Congress, Mr. Madina tells Spanish journalists: “I have said many times that I am republican”.

                  Published: June 10, 2014, 4:18 pm