Archives for July 2011
July 29th, 2011
The U.S. newspaper The Wall Street Journal said last week that the IMF is concerned about its huge long-term exposure to the euro, reminding that the institution has already pledged to provide 78,500 million euros for Greece, Ireland and Portugal until 2014, a figure higher than the participation of these ...
Continue reading The IMF Will Contribute Less than One-Third of Greek Rescue
July 28th, 2011
Budget airline Ryanair announced on Tuesday that they plan to reduce routes from Girona Airport from 46 to 25, an additional 21 routes. This new cut is to be implemented in October, at the start of the winter season, and is in response to the lack of a competitive agreement ...
Continue reading Ryanair Cancels 21 Routes from Girona Airport
July 27th, 2011
The Spanish Prime Minister, José Luis Rodríguez Zapatero insisted on Monday that after two or three issues, it is clear that the euro zone "will not drop Greece" and stressed that private sector participation in Greece’s second bailout is "exceptional and unique." "Private participation is only for Greece, because the ...
Continue reading Zapatero: “The euro zone is not going to abandon Greece”
July 26th, 2011
Barcelona will continue to host the Mobile World Congress from 2012 to 2018 and has been named by the GSMA as the first Mobile World Capital. After a search of 18 months, the GSMA announced that Barcelona has been selected as the Mobile World Capital from 2012 to 2018 and will ...
Continue reading Barcelona – Mobile World Capital
July 25th, 2011
In December 2009, for the first time, the Spanish Government sheepishly pointed out the need to extend the length of working life in Spain to safeguard the pension system. And last week, after a War of Words lasting 20 months, filled with draft publications, misunderstandings and confusion, Congress finally approved ...
Continue reading Spanish Pension Reform Gets Green Light
July 22nd, 2011
A plague of jellyfish has hit the beaches of La Manga as a result of a ship accidentally tearing the safety net that the autonomous community puts up each year to contain these creatures and stop them reaching shore. The jellyfish piled on the beaches or floating in the water of ...
Continue reading Jellyfish Invade the Coast at La Manga
July 21st, 2011
About 95 percent of Europeans connect to the Internet during their holiday period, to avoid having to log off from their email accounts, both personal and work, or from social networks and other online entertainment sites. This is one of the main conclusions of a study carried out by networking solutions ...
Continue reading 95% of Europeans Online During the Holidays
July 20th, 2011
Despite the 13.9% growth of foreign tourism in Spain in the second quarter of this year, many businesses are still wary of the predicted increase in revenue in the sector over the summer season. The arrival of summer has kick-started tourism enterprises in Spain and 36% of businesses in the sector ...
Continue reading 36% of Spanish Tourist Industry Expect a Better Summer
July 19th, 2011
Yesterday the Court of Instruction No. 3 in Madrid began taking statements from the 16 air traffic controllers charged with abandonment of the control towers that caused the closure of airspace on 3rd and 4th of December last year. The hearings began with the statements of four of the controllers and ...
Continue reading Air Traffic Controllers Go Before Judge
July 18th, 2011
The average price of petrol has risen 2% since earlier this month and now costs 1.332 euros per litre, which is an increase of 14% over the same week in 2010, according to data collected by the European Union Oil Bulletin. In the last week the price of petrol has risen ...
Continue reading Petrol Prices Up 2% Since the Start of Summer
