Archives for September 2011
September 15th, 2011
Spain’s national lottery is set to begin marketing its €8bn privatisation to international investors in what is likely to be the country’s largest ever stock market listing. Loterías y Apuestas del Estado, the state-controlled operator which runs the El Gordo Christmas draw, the worlds’ biggest by payout, is pressing ahead with ...
Continue reading Spain Forging on with Lottery Privatisation
September 14th, 2011
Caffeine may become a new ally against the sun's harmful rays. U.S. scientists say that moderate consumption of coffee, and perhaps even direct application to the skin, may help reduce the risk of developing melanoma skin cancer, the most commonly diagnosed cancer. Apparently, according to research published in the National ...
Continue reading Coffee May be the New Sunscreen
September 13th, 2011
The Spanish Association of Children's Products ( Asepri ) has reported that 37% of the children who died in traffic accidents last year did not use any form of child restraint device. In a statement, reported in ABC News, the Valencia-based association said that these road safety systems prevent between 50% ...
Continue reading Safety Harnesses Not Used in 37% of 2010 Child Deaths
September 12th, 2011
The average price of a litre of petrol in Spain stood at 1.354 euros on Friday, representing an increase of 2.6% over the previous week, according to data collected by Europa Press from the European Union Oil Bulletin. This rise puts petrol prices back to the highs reached this summer, in ...
Continue reading Petrol Prices Rise 2.6% in a Week
September 9th, 2011
Despite the collapse of the housing sector, the decline in the profitability of Spanish debt and lack of credibility on the economy, the BBVA and Santander banks rank in the top four most creditworthy of the 50 largest banks in Europe. The author of the report is the credit rating ...
Continue reading BBVA and Santander Among the Most Creditworthy in Europe
September 8th, 2011
Deutsche Bank Chairman, Josef Ackermann, believes that the current turmoil facing the financial sector is reminiscent of the crisis suffered in 2008 after the collapse of Lehman Brothers, and has warned that several European institutions would not survive in the event of being forced to value their portfolios of sovereign ...
Continue reading Sovereign Debt Threatens European Banks
September 7th, 2011
There's something I still find boyishly thrilling about the idea of getting on a train in London and getting off it six hours later in, say, the South of France, as I did a couple of years ago for a holiday. It’s a strange world, isn’t it, where getting on ...
Continue reading Tapas by Train
September 6th, 2011
Vueling, the new generation airline, will cease to operate routes connecting the city of Seville with A Coruña and London due to lack of profitability in the face of competition from Ryanair, company sources told Europa Press. The same sources explained that budget airline, Ryanair, also operates flights to and from ...
Continue reading Vueling Makes Cutbacks on Spanish Routes
September 5th, 2011
The number of 500 euro notes in circulation fell in July to 101 million notes, which now totals seven consecutive months of declines. On the other hand the Spanish are still retaining 1,713 million euros in unredeemed peseta coins and notes, an amount that could purchase all the shares of ...
Continue reading 500 Euro Notes and Unredeemed Pesetas
September 2nd, 2011
A total of 321 people died in traffic accidents on Spanish roads this summer, 41 less than the same period in 2010, implying a reduction of 11.3%, according to Interior Minister, Antonio Camacho, who underlined that the average daily number of deaths in accidents this summer is "the lowest figure ...
Continue reading Road Deaths Fall by 11% this Summer
