Posts tagged "Spain’s finances"

Eurozone Shares Close Higher

  PARIS – Shares of the euro zone climbed on Monday because the expectation of further measures by the authorities to help the troubled banking system in the region, soared in security purchases of Spanish, French and Italians, who eclipsed the decline in the German DAX. The German index with strong ties to industry had...

Spain Prepares for General Strike

MADRID, Spain – The air, rail, and bus will be severely restricted in Spain due to a general strike next week by the main unions in the country to protest high unemployment and changes to labor laws that cheapen the cost of redundancies. The unions, representing one in five workers, and the Spanish government agreed...

Spain Fails and Falls Into Surveillance

BRUSSELS, Belgium – Finance ministers of the euro zone to Spain on Monday questioned because of its high budget deficit, which is on track to break the new rules harshest European Union (EU) this year, stressing that Madrid must return its target in 2013. After announcing that the previous government failed to meet its deficit...

Europe Analyzes Spain’s Finances

BRUSSELS, Belgium – Finance ministers of the euro zone sign on Monday the second rescue package for Greece and then bring your attention in Spain, that it will break the new rules of the EU budget to deviate again from its deficit target this year. Greece held the debt swap with private creditors during the...