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Spain's politicians pledge to stop evictions after suicide

Spain's conservative prime minister and the leader of the opposition aim to agree measures on Monday to stop banks evicting homeowners after a woman's suicide before her property was repossessed caused public outrage.

 

2,000 sheep led through streets of Spain's capital

Spanish shepherds led a flock of more than 2,000 sheep through central Madrid on Sunday in defense of ancient grazing, migration and droving rights threatened by urban sprawl and modern agricultural practices....

 

Stocks on Wall St. Fall Sharply on Weak Earnings Reports

Weak earnings from several large companies and a credit rating downgrade of several regions in Spain raised concerns about a slowing global economy... The Dow Jones industrial average finished the day down 1.8 percent, or 243.36 points, to end at 13,102.53, its worst performance since June. The losses added to the big declines on Friday, and dropped leading indexes to their lowest levels since early September, before the Federal Reserve announced its latest monetary stimulus program.

 

Spain: decision on bailout within weeks

The Spanish government said Wednesday it will decide within the next few weeks whether to ask for outside financial help, noting it might opt for a precautionary line of credit instead of bailout cash.

 

Spanish aid request from euro zone seen in November

Spain

Spain could ask for financial aid from the euro zone next month and if it does the request would likely be dealt with alongside a revised loan program for Greece and a bailout for Cyprus in one big package, euro zone officials said.

 

Spain’s prime minister takes a gamble in not seeking bailout

Spain’s conservative prime minister, Mariano Rajoy, is not known as a gambling man. But as Europe’s debt crisis stretches on, he is playing a tense game of chicken with the financial markets, betting that Spain can balance its books with homegrown austerity while putting off — maybe forever — a humiliating bailout from the European Union.

 

Thousands protest austerity cuts in Spain, Portugal

Tens of thousands of Spaniards and Portuguese rallied in the streets of their countries' capitals Saturday to protest enduring deep economic pain from austerity cuts.

 

Spain debt rises on aid to banks, regions

Spain's debt level and borrowing needs are set to rise next year, piling pressure on the government to apply for international aid, as it pours funds in to cash-strapped regions and an ailing banking system, its budget showed on Saturday.

 

60 hurt, 11 arrested as fans riot at Spain MTV gig

Officials say 60 people have been injured and 11 arrested when music fans rioted outside a Madrid theater after it closed its doors to avoid exceeding its capacity limits....

 

Pressed on bailout, Spain pledges reform timetable

Spain, deflecting pressure to spell out whether it needs more European financial support, told euro zone finance ministers on Friday it will set clear deadlines for structural economic reforms by the end of the month.

 

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