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Spain Articles
Organization for Economic Co-operation and DevelopmentAngel Gurria, the secretary general of the Organization for Economic Cooperation and Development, told CNBC that Spain’s reluctance to request...
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The unemployment level in the euro area (EA17) rose to 11.4% in August, which matched July’s number. The jobless figure for the broader EU27 was 10.5%. Both figures demonstrate the extent to which...
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Global currency and stock markets continue to bounce around as the fight over the fate of Spain’s economy continues. Will its budget cuts be enough? Will it press for a huge bailout? The nation’s...
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Paris Auto Show The Paris Auto Show had its usual large number of new model introductions, along with dozens and dozens of displays of cars and light trucks already on sale around the world....
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Spain Seeks Budget Cuts The search for solutions to Spain’s financial trouble continues and becomes more complicated by the moment. It has not been determined whether Spain can cut its own budget...
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nationsonline.orgThe search for solutions to Spain’s financial trouble continues and becomes more complicated by the moment. It has not been determined whether Spain can cut its own budget before...
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The pain in Spain appears to be about to get worse. Yields on 10-year government bonds rose 22 points to 5.93%, following an announcement from the Catalonia region that a new election that is widely...
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It was not hard to find video of Spanish workers rioting outside the parliament yesterday. They numbered into the thousands, if not more. While they took to the streets to protest austerity, their...
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The Financial Times reports that European Union officials have started to work with Spain on a bailout and European Central Bank purchases of its bonds. The paper reports: According to officials...
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The bickering over the structure that banks and sovereign bailouts should take continues among Europe’s leaders. As a meeting of the finance ministers of the region ended, two critical issues...
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Record iPhone 5 Preorders AT&T Inc. (NYSE: T) claims the Apple Inc. (NASDAQ: AAPL) iPhone 5 set a presale order record, supporting news over the weekend that even Apple itself is sold out. The...
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This week’s economic and market news headlines have been dominated largely by Mario Draghi’s bond-buying program and now by an official unemployment rate of 8.1% with only 96,000 payrolls added...
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The unemployment rate for the 17 member nations of the eurozone did not change in July, holding steady at 11.3%. What did change was the raw number of unemployed, which is now 18.002 million...
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The notion that Spain’s economy could recover from the current flat spin on its own always was wildly improbable. The country does not have the means, either in its manufacturing, financial...
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Spain’s unemployment rate continues to rise without a break. The Instituto Nacional de Estadística (National Statistics Institute) reported that in the second quarter unemployment rose to just...
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