European Debt Crisis Dampens Holiday Cheer
By Jeff SeldinConcerns about the European debt crisis and high unemployment are sapping the Christmas holiday spirit in some of Europe's capitals.Along the Gran Via in Madrid, the holiday lights are up but do little to brighten the mood - shoppers and pedestrians are getting used to disappoi...
Read MoreGround-Level Ozone Pollution Helped To Recover Normal Ozone Levels Over Iberian Peninsula
The reconstruction of ozone levels over the Iberian Peninsula between 1979 and 2008 reveals that positive trends began eight years after the ratification of the Montreal Protocol. Furthermore, results show that Spain quickly recovered part of its lost ozone thanks to tropospheric ozone, a secondary ...
Read MoreItaly Approves Austerity Measures
Italy's new prime minister said his government has approved a package of emergency budget measures worth more than $40 billion that will help pull Italy back from the brink of bankruptcy.Mario Monti said Sunday the measures include immediate budget cuts as well as significant steps to fight tax ...
Read MoreSpain Wins 5th Davis Cup Title On Nadal Performance
Spanish world second seeded Tennis player Rafael Nadal defeated on Sunday Argentina's Juan Martin del Potro in four sets to secure a fifth Davis Cup tennis title for Spain.Nadal, the number two ranking in the ATP World Tour rankings, rallied from losing the opening set 6-1 to win 6-4, 6-1, 7-6 (...
Read MoreIs The Eurozone Crisis Changing EU-China Relations? – Analysis
By Alicia SorrozaTheme: The economic and financial crisis affecting Europe seems to be changing the map of the interests involved in the EU-China relationship.Summary: The debate on the EU’S leadership in the international arena is closely linked to its (in) ability to define its interests a...
Read MoreSpain: Barca Hammers Levante 5-0 In La Liga
Spanish football giant Barcelona hammered Levante 5-0 on Saturday as Spanish football's two superpowers warmed up for next weekend's El-Clasico by preserving their grip on the title race.Real stretched their winning run to 14 games in all competitions and lead Barcelona by three points with the ...
Read MoreSpain Auctions EUR3.75 Billion In Treasury Bonds At Above 5%
The Spanish Treasury conducted successfully on Thursday an auction of bonds amounting in value to EUR 3.75 billion at an interest rate above five percent, the highest rate since 2000.The move which is similar to two auctions conducted in November, includes government bonds valued at 1.2 billion ...
Read MorePressure Mounts As Eurogroup Gathers
Eurozone finance ministers are to agree today (29 November) the details of bolstering their bailout fund to help prevent contagion in bond markets, under pressure from the United States and ratings agencies to staunch a two-year-old debt crisis.Documents obtained by Reuters on Sunday showed the ...
Read MoreEurope And The World – OpEd
By Sundeep WaslekarThey say European economies are failing – Greece, Italy, may be Spain. They are bound to fail when their growth rates plunge. Whatever is there in the economy is reflected in national accounts. It is not like rising economies where official accounts are hardly relevant. Whethe...
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