The US president’s decision not to attend a summit to have been held in Spain in May deals a further blow to the EU’s attempts to be a coherent force in international affairs
• France and Germany seek tougher hedge funds regulations
• Spain and Britain keen to attract private equity investors
Spain, holder of the EU presidency, is caving in to pressure from the British government to soften a proposed EU...
What would you guess unemployment among Spanish youth stands at?
The answer is in this depressing note from Brown Brothers Harriman strategist Marc Chandler, publisher by Rolfe Winkler:
Today Spain reported that its unemployment rate in Q4...
Spain's government on Friday announced plans to save 50 billion euros ($US70 billion, $A78.25 billion) over three years in a radical bid to slash its massive public deficit in line with eurozone rules.
Spain has gone on the offensive targeting massive budget cuts as a means of bringing itself back in line with euro zone debt requirements. This includes cuts to social security, foreign aid, and a hiring freeze on the civil service.
It is the...
Spain unveiled a radical austerity plan on Friday in an attempt to boost its credibility among investors after a week of financial market turmoil for fellow eurozone member Greece
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