Fitch downgrades credit ratings of five EU nations

27th January 2012 by Cheap Property Spain

NEW YORK - Fitch Ratings Friday downgraded the sovereign credit ratings of five euro currency countries - Italy, Spain, Slovenia, Belgium and Cyprus, contending they lack financing flexibility in the

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Spanish airline to cease operations

27th January 2012 by Cheap Property Spain

Spanish airline Spanair said Friday it is ceasing operations and plans to go to court next week to seek bankruptcy protection.

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More than five mn out of work in Spain

27th January 2012 by Cheap Property Spain

The ranks of Spain's unemployed grew by 295,300 in the fourth quarter of 2011 to a record 5.27 million, the National Statistics Institute said Friday in its latest workforce survey.

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Easy fixture for Real Madrid at home

27th January 2012 by Cheap Property Spain

Real Madrid will need to put their Copa del Rey disappointments behind them when they host Zaragoza in the Spanish Primera Liga football Saturday night.

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Injury hit Barca can't afford mistakes in Villarreal

27th January 2012 by Cheap Property Spain

Barcelona manager Pep Guardiola will have to overcome a serious injury crisis in order to keep his side's bid for a fourth successive Spanish Primera Liga title alive.

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Fitch cuts Italy, Spain, other EU zone ratings

28th January 2012 by Cheap Property Spain

Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years. In a statement, ...

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Real Madrid tackle mild session at Valdebebas

28th January 2012 by Cheap Property Spain

Real Madrid carried out a mild session of stretching exercises at Valdebebas to finish preparing for tonight's 20:00 CET league clash with Zaragoza at the ...

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Spanish jobless rate hits 15-year high

28th January 2012 by Cheap Property Spain

(MENAFN) Spain's unemployment rate hit 15-year high with a 22.9 percent rise in the fourth quarter from 21.5 percent in the previous quarter, Bloomberg reported.The new data from the National ...

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Unemployment rises sharply in Spain

28th January 2012 by Cheap Property Spain

(MENAFN - Saudi Press Agency) Unemployment rose sharply in Spain in the fourth quarter, with more than 5 million people out of work, the government's statistical office said.The unemployment ...

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Spain's baby-theft victims want full inquiry

28th January 2012 by Cheap Property Spain

In Spain, a movement for answers over an alleged Franco-era baby-stealing policy is gaining momentum. Tens of thousands of people have taken to the streets across the country to call for a full ...

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Jimenez aims to bridge gap to Real Madrid

28th January 2012 by Cheap Property Spain

Real Zaragoza coach Manolo Jimenez admits there is a 'gulf' between his side and Saturday's La Liga opponents Real Madrid. Real Zaragoza coach Manolo Jimenez admits there is a ...

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Madrid not used to losing

28th January 2012 by Cheap Property Spain

Real Madrid assistant coach Aitor Karanka has responded to Barcelona midfielder Xavi's criticism of how the La Liga leaders react to defeat. Real Madrid assistant coach Aitor Karanka has ...

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Kike still hungry for Spain success

28th January 2012 by Cheap Property Spain

Kike helped Spain win the European futsal title in 2001, 2005, 2007 and 2010, and as he aims to do it again in Croatia, he said: "Victory is so wonderful, you always want to repeat the ...

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US gem-slay suspect dead in Spain cell

28th January 2012 by Cheap Property Spain

MADRID, Spain - An American man accused of killing a Connecticut jewelry store owner and stealing $300,000 in diamonds before fleeing to Europe was found hanged in his prison cell in Spain, ...

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Spanish Springs boys have prayers answered at Douglas

28th January 2012 by Cheap Property Spain

MINDEN -- There are dramatic ways to win and then there's what the Spanish Springs Cougars did Tuesday night against Northern 4A power Douglas. It was dramatic and then some. Spanish Springs ...

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Barcelona, Brussels, Indian Ocean islands

28th January 2012 by Cheap Property Spain

Virgin Holidays has some enticing deals to the idyllic isles of the Indian Ocean. Spend a week in Mauritius with half-board at the Coin de Mire Hotel and Air Mauritius flights from Heathrow on 10 ...

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Spanish Broadcasting System, Inc. Announces Offering of $275 Million of Notes to Refinance Credit Facility

27th January 2012 by Cheap Property Spain

News ) today announced that it has commenced an offering of $275 million in aggregate principal amount of first-priority senior secured notes due 2017 (the "Notes"). The proceeds from the ...

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Cuenca commits future to Barcelona

27th January 2012 by Cheap Property Spain

FC Barcelona forward Isaac Cuenca will continue his development with the European champions after penning a new deal to stay at Camp Nou until the summer of ...

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Jobless Rate in Spain Almost 23%

27th January 2012 by Cheap Property Spain

Spain's unemployment rate hit almost 23 percent, hitting 5.27 million in the fourth quarter last year. That's that highest rate in 15 years and more than twice the average of the 17 ...

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Spain jobless rate soars to 17-year high

27th January 2012 by Cheap Property Spain

Spain Spain's unemployment figure has topped 5 million, the highest rate for 17 years.The National Statistics Institute says 5.27 million Spaniards are out of work, representing an ...

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The lost generation of crisis-hit Spain

27th January 2012 by Cheap Property Spain

A woman gives a coin to unemployed Miguel Ballesteros as he begs for money to buy food and pay the rent for his house, in downtown Malaga, southern Spain January 27, 2012. Spain's unemployment ...

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Italian, Spanish Ratings Cut Two Notches by Fitch on Crisis

27th January 2012 by Cheap Property Spain

Jan. 28 (Bloomberg) -- The credit ratings of Italy, Spain and three other euro-area countries were cut by Fitch Ratings, which said the five nations lack financing flexibility in the face of the ...

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Flights grounded as Spain's Spanair stops trading

27th January 2012 by Cheap Property Spain

Financial problems have grounded loss-making Spanish airline Spanair, for good. Allflights with the Barcelona-based firm have been suspended afterefforts to find a buyer failed. Itsmain ...

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Spanish Officials Allow Pro-life Play, Despite Criticism

27th January 2012 by Cheap Property Spain

(http://www.catholicnewsagency.com/new.php?n=24099)MADRID, SPAIN, January 16 (CNA/Europa Press) .- Officials in Merida, Spain have rejected a request by local Socialist party leaders to ban the ...

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Spanair prepares to suspend trading

27th January 2012 by Cheap Property Spain

Spanair is preparing to suspend trading tonight due to its unsustainable financial situation, with heavy losses and a high debt, according to sources within the aviation sector. The decision comes ...

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Fitch downgrades Italy, Spain

27th January 2012 by Cheap Property Spain

Ratings agency Fitch says it is downgrading the credit ratings of five countries that use the euro, including economic heavyweights Italy and ...

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PARLATINO President Extols Latin America Unity in Spain

27th January 2012 by Cheap Property Spain

Madrid, Jan 27 (Prensa Latina) Latin America will become the great new economic, political and social bloc of the century, stated Rodrigo Cabezas, president of the Latin American Parliament ...

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Fitch Axes Italy, Spain, Others

27th January 2012 by Cheap Property Spain

Italy's Monti alongside former PM Silvio Berlusconi - AFP/Getty Images via @daylife Fitch Ratings announced it was downgrading sovereign credit ratings for five European nations: Italy, Spain, ...

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Italy, Spain Among EU Nations Downgraded by Fitch

27th January 2012 by Cheap Property Spain

Fitch Ratings on Friday downgraded the sovereign credit ratings of Italy and Spain as well as Belgium, Cyprus Slovenia, indicating there is a 1-in-2 chance of further downgrades in the next two ...

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Almost half of young Spaniards unemployed

27th January 2012 by Cheap Property Spain

By msnbc.com staff There's no doubt that the U.S. unemployment rate of 8.5 percent (as of December) is painful for Americans. But pain can be relative.Spain reported Friday that its jobless ...

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Spain demands new 'realism' from EU over austerity

27th January 2012 by Cheap Property Spain

Spain 's deficit targets, which are sending the country hurtling back into recession.Rajoy's government is demanding greater "realism" from Brussels as it struggles to rein in a ...

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Trail Leads to Suicide in Spain

27th January 2012 by Cheap Property Spain

Andrew Robert Levene, 41, was found dead Thursday in the Modelo prison in Barcelona, where he was recently arrested after an international manhunt, the justice department of Catalonia said. An ...

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Andrew Levene Accused of Killing Westport Jeweler Dies in Spanish Jail

27th January 2012 by Cheap Property Spain

An American man accused of murdering a jewelry store owner in Connecticut and stealing $300,000 in diamonds was found dead in his prison cell in Spain, U.S. authorities said. Andrew Robert Levene, ...

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Weaker euro helps Spain and Italy, not Germany

27th January 2012 by Cheap Property Spain

Spain when the single currency is weaker. It all comes down to what you are making, higher-end German products that cannot readily be substituted or more price-elastic lower value goods from the ...

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No regrets after bucking NBA for Spain

27th January 2012 by Cheap Property Spain

The Real Madrid forward, selected by Detroit with the 33rd pick in the second round of the draft, is one of the few players who didn't return after the NBA lockout ...

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Camper picked off at head of fleet by Spanish

27th January 2012 by Cheap Property Spain

After working their way into a handy lead on leg three of the Volvo Ocean Race, Team New Zealand have just as quickly been deposed with Team Telefonica yesterday seizing control. Telefonica, from ...

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One dead and three missing as late-night swim turns to tragedy

27th January 2012 by Cheap Property Spain

One policeman has died and two colleagues are missing after they went into the sea off ...

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Spain Repoted 5.2 Million Jobless in 2011

27th January 2012 by Cheap Property Spain

Madrid, Jan 27 (Prensa Latina) Spain reported 5.27 million jobless people in 2011, accounting for an unemployed rate of 22.8 percent of the working population, the National Statistics Institute ...

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Madrid's players bad losers, animals

27th January 2012 by Cheap Property Spain

BARCELONA, Spain (AP) -Barcelona midfielder Xavi Hernandez has labeled Real Madrid's players bad losers and animals after his club won their latest ill-tempered ...

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Sulzer Pumps to purchase a Spanish pump company

27th January 2012 by Cheap Property Spain

announced its plans to buy Burgos, Spain-based Hidrotecar S.A. Friday. The Spanish company reported EUR 13 million last year and employs about 50 people. The acquisition allows Sulzer to add ...

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Spain's jobless total hits 5.3m

27th January 2012 by Cheap Property Spain

Spain's unemployment total has passed the five million mark, with the jobless rate shooting up from 21.5% to 22.8%. There were 5.3 million people out of work at the end of last month, up from ...

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Massive austerity protests hit Spain

27th January 2012 by Cheap Property Spain

Fri Jan 27, 2012 Tens of thousands of demonstrators have poured into the streets of several cities in eastern Spain to protest against the government’s austerity measures.The protesters ...

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Spanish Foreign Minister calls for talks on Gibraltar sovereignty

27th January 2012 by Cheap Property Spain

Spanish Foreign Minister, Jos Manuel Garca Margallo, has written a letter to his British counterpart, William Hague, calling on London to restart talks on negotiating the sovereignty of Gibraltar. ...

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Mayor of Madrid wants volunteers to run some public services

27th January 2012 by Cheap Property Spain

The Mayor of Madrid, Ana Botella, has called for volunteers to man municipal installations and facilities, so they can 'return something to ...

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Detained US suspect founded hanged in cell

27th January 2012 by Cheap Property Spain

MADRID – An American man accused of killing a jewelry store owner in the U.S. and stealing $300,000 in diamonds before fleeing to Europe was found hanged in his prison cell ...

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Spanish official says American suspected of murder, diamond theft found hanged in cell

27th January 2012 by Cheap Property Spain

MADRID (AP) — An American man accused of killing a jewelry store owner in the U.S. and stealing $300,000 (euro228,000) in diamonds before fleeing to Europe was found hanged in his prison cell ...

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Spain launches 2014 basketball World Cup bid

27th January 2012 by Cheap Property Spain

MADRID, Jan. 26 (Xinhua) -- The Spanish Basketball Federation ( FEB)officially presented its bid for the 2014 FIBA Basketball World Championships Thursday with a gala dinner in the Spanish capital ...

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Valencia set up Copa del Rey semi-final clash with Barca

27th January 2012 by Cheap Property Spain

Valencia cruised into the semi-finals of the Copa del Rey thanks to a comfortable 3-0 win over local rivals Levante in the second leg of their quarter-final last night With a 4-1 victory from the ...

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Spain Weather - Friday January 27 2012

27th January 2012 by Cheap Property Spain

Winds weak to moderate, generally N and NE in most of the country, with strong gusts on the Galicia coast and in the NE of Girona. A Corua 12 6 Albacete 12 3 Alicante/Alacant 17 7 Almera 13 8 vila ...

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Holiday Rental Scams Spain 2011

27th January 2012 by Cheap Property Spain

HOLIDAY RENTAL SCAMS SPAIN 2011 THE consumer watchdog Facua has issued a new alert over fraudulent online classified ads for holiday rentals, which it says proliferate during the summer ...

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Scottish tourist found dead in hotel room Ibiza Spain

27th January 2012 by Cheap Property Spain

Scottish tourist found dead in hotel room Ibiza Spain A Scottish tourist has been found dead in Ibiza. The body of the 26-year-old man was discovered on the Spanish Island on Wednesday ...

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54 African Migrants Saved At Sea southern city of Motril Spain

27th January 2012 by Cheap Property Spain

54 African Migrants Saved At Sea southern city of Motril Spain Spanish authorities have rescued 54 migrants trying to reach the southern coast of the country in a crowded boat. The Maritime ...

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Barcelona police beating protesters Plaza de Cataluna soaring unemployment, corruption and welfare

27th January 2012 by Cheap Property Spain

Police in Barcelona used violence Friday to force protesters from a camp in the city's Plaza Catalunya before Saturday's Champions League ...

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Spain earthquake 2011 Spanish town Lorca Murcia kills eight

27th January 2012 by Cheap Property Spain

Eight people perished in the deadliest tremor in Spain in more than five decades, a spokeswoman for the regional government of Murcia said, revising down an earlier toll of 10 dead without ...

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Barcelona Named No 1 By ASKMEN’S TOP 29 CITIES TO VISIT CATCHES LATIN FEVER

27th January 2012 by Cheap Property Spain

Barcelona Named No 1 By ASKMEN'S TOP 29 CITIES TO VISIT CATCHES LATIN FEVER AskMen, the leading men's lifestyle website, has announced their editors' picks for the Top 29 Cities to ...

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Citizen Journalism Needed Do you want your News story about Spain on the web

27th January 2012 by Cheap Property Spain

Citizen journalism can range from simply posting your thoughts in the comments section of your local newspaper's website, to producing your own blog or website that you fill with original ...

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Low cost airline Ryanair threatens to reduce Flights in Alicante from October 2011

27th January 2012 by Cheap Property Spain

Irish airline Ryanair that it will cut its Alicante flights by up to 80% from October 2011 unless AENA Alicante reverses its decision to Make the airline to use airbridges at the new El Altet ...

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El Clasico 2011 FC Barcelona vs Real Madrid Copa Del Rey Final Valencia’s Mestalla 20/04/2011

27th January 2012 by Cheap Property Spain

El Clasico 2011 FC Barcelona vs Real Madrid Copa Del Rey Final Valencia's Mestalla 20/04/2011 El Clasico 2011 FC Barcelona vs Real Madrid Match El Clasico 2011 Copa Del Rey will be held at ...

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Pep Guardiola warns Barcelona Leaving My time at Camp Nou is coming to an end

27th January 2012 by Cheap Property Spain

Pep Guardiola, who has coached the Spanish club since 2008, told Italian television Rai Sports: 'I feel good here but I believe my time at FC Barcelona is ...

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