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Spain wins Euro 2012 final after beating Italy with 4-0 and claiming a successive European crown to add to their 2010 World Cup triumph. Vicente del Bosque’s side staged a compelling claim to be the greatest international side of all time as the Euro 2012 final was transformed into an exhibition with Italy – who performed creditably for long periods – passed brutally into submis…
e of Greece’s next tranche of bailout money. On the bond markets, the Spanish government’s long-term cost of borrowing stabilized in early trading, at an implied interest rate of just over 6% for 10-year debt. The 10-year rate had risen by a quarter percentage point on Wednesday, as lenders’ fears over the government’s ability to repay its debts, or stay within the euro, re…
wn 2.3%, while markets in London, Paris and Frankfurt were down more than 1%. Spain’s borrowing costs also rose, with the yield on 10-year Spanish bonds traded on international markets rising to 5.94% from 5.67%. The Bank of Spain said in a monthly report: “Available data for the third quarter of the year suggests that GDP kept falling at a significant rate, in a context of high financ…
credit ratings of 16 Spanish banks late on Thursday. It also cut the debt rating on Santander UK, a subsidiary of the Spanish banking giant. However, shares in Santander reversed early losses to trade 3% higher, and Bankia shares jumped 9% following Thursday’s 14% slump. Moody’s said there were several reasons behind the downgrade, including Spain’s slide back into recession, the…
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Argentina has decided to nationalize a controlling interest in country’s biggest oil company YPF owned by Spanish firm Repsol. President Cristina Fernandez said a bill be presented to the Senate allowing the government to expropriate 51% of YPF shares. The move, announced on national television, was welcomed by her cabinet and Argentine governors. Spain and the EU have already expressed concern a…
…fast pass-and-move football, and robust physical presence on the ball has made the Spanish team appear almost unstoppable over the last half decade. Having first captured the European Championships in 2008, to overcome the psychological nightmare of decades of underachievement, they went on to clinch the World Cup two years later and cement their status as the dominant force in international footb…
…rate cut next week. In other figures released on Thursday, Germany’s unemployment rate fell below 7% as Europe’s biggest economy continued to perform strongly. The jobless rate dropped to 6.7% in May, from 7% in April, as the number of people unemployed fell by 108,000 to 2.86 million. However, there was more bad news from Greece as figures showed that Greek retail sales volumes fell…
According an independent audit, Spain’s banks will need an injection of 59.3 billion euros ($76.3 billion) to survive a serious downturn. The amount is broadly in line with market expectations of 60 billion euros, and follows so-called stress tests of 14 Spanish lenders. Much of the money is expected to come from the eurozone rescue funds, the current EFSF and the future ESM. Spain said in…
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…ruitment and propaganda operations. The man, a Jordanian-born Saudi Arabian citizen, was known within al-Qaeda as “the librarian”, Jorge Fernandez Diaz told reporters at the time. In March 2004, an al-Qaeda linked bomb attack on three packed commuter trains in Madrid killed 191 people and injured 1,841 others. Related search articles:xvideo damaka turkish men attitudes xnxn kur…
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…olice had helped to track them down. AQIM is among several Islamist groups fighting French and West African troops in Mali. It has its roots in the bitter Algerian civil war of the early 1990s, but in 2007 it emerged as an international jihadist group linked to Osama Bin Laden’s network. AQIM says its aim is to spread Islamic law and it is known for kidnapping Westerners and extracting ranso…
…in YPF is owned by Spanish oil firm Repsol. Repsol shares fell by 8% in early trading in Madrid and the firm has vowed to demand compensation. It said it would seek international arbitration over its 57% stake in YPF if necessary. “These acts will not remain unpunished,” Repsol executive chairman Antonio Brufau told reporters. According to AFP news agency, Repsol will seek compensatio…
price of 1,290 p – compared with the 1,100 p at which shares were trading before news of the deal emerged last week. Xstrata’s shareholders – other than Glencore – would have a 45% stake in the new company. But Standard Life Investments, and Schroders, which own 3.6% of Xstrata said the deal undervalued the firm and they would vote against the merger. News of the unease saw…
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…has denied reports that an announcement on a European rescue plan for its banks is close. The International Monetary Fund (IMF) is estimating that Spain’s banks need a cash injection of at least 40 billion Euros ($50 billion). The IMF said on Friday that a “stress test” showed Spain’s financial sector was well managed but “vulnerable”. The eurozone finance minis…
…ghest level since the creation of the euro. Yields on the country’s 10-year bonds remained above 7.5% on Tuesday. Italy’s 10-year bond yield was also stuck at a high level, with a yield of 6.377%. Moody’s warned that Germany and other highly-rated countries may have to increase levels of support for countries such as Spain and Italy, who have not asked for a Greek-style bailout b…
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…oney ended up in companies controlled by Inaki Urdangarin – who is the Duke of Palma and a former Olympic handball player – in offshore bank accounts. The events allegedly happened between 2004 and 2006, when Inaki Urdangarin stepped down as head of the non-profit NOOS Institute. The duke and his former business partner Diego Torres are suspected of misusing millions of euros in public…
since the global banking crisis of 2008. As part of the latest plan, lenders are having to make 30 billion Euros of extra provisions to cover potential losses on property loans, which comes on top of 54 billion Euros they were ordered to set aside in February. The health of Spain’s banking system is key to whether the country eventually needs to seek a bailout itself from the eurozone and t…
first prize is 15,000 euros, the second 10,000, the third 5,000, the prize for symphonic music 10,000 euros, for chamber music 7,000 and the prize for best performance of George Enescu’s Sonata 6,000 euros. George Enescu International Competition is a part of George Enescu International Festival, a biennial event started in 1958 to honor the Romanian composer’s legacy. George Enescu F…
…land and seek outside help. Spain has to find at least 80 billion Euros ($100 billion) to strengthen its banks’ capital buffers. A key test will come on Thursday, with Spain due to auction up to 2 billion Euros of bonds. Spain's economy minister Luis de Guindos has dampened speculation that the country is about to seek a bailout of its bank sector Spain is keen to avoid having to ask fo…
Total face transplant performed in PolandPolish doctors say they have performed a total face transplant on a 33-year-old man whose face was torn off in an accident with stone-cutting machinery. Surgeons at the…
Novel coronavirus kills Tunisian manA Tunisian man has died of the novel coronavirus (NCoV), in what is believed to be the first such case in Africa. Tunisia's health ministry said the 66-year-old had visited…
Vitamin C kills multidrug-resistant TB in laboratory testsScientists have found that vitamin C can kill multidrug-resistant tuberculosis (TB) in the laboratory. The surprise discovery may point to a new way of tackling this…
Full spring cleaning burns more calories than running a marathonNew research shows that spring cleaning can burn off even more calories than running a marathon. Houseproud homeowners typically burn up 3,655 calories each year just by…
Face Trainer: Training balaclava claims to tone up saggy facesFace Trainer, the latest product to hit the market promising a youthful complexion, may leave even the most dedicated beauty disciple at a loss for words. In the same way…
EU bans refillable bottles and dipping bowls of olive oil at restaurant tablesStarting with 2014, the European Commission will ban the use of refillable bottles and dipping bowls of olive oil at restaurant tables. From 1 January 2014, restaurants may…
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