spanish
October 21st, 2011
The European Commission proposed a rule this week which would require all Member States to punish with criminal penalties, including jail terms, bankers who engage in serious criminal behaviour, in particular, insider trading and market manipulation. Europa Press reported that the policy would have limited impact because most of the Member ...
Continue reading Brussels Proposes Jail for Manipulating Bankers
August 26th, 2011
Spanish exports of fruits and vegetables fell 10% in value in June to 589 million euros, due to the consequences of the cucumber crisis, according to the Spanish Federation of Producers and Exporters of Fruits and Vegetables (Fepex), who lamented that the crisis had "ruined" the good performance of foreign ...
Continue reading Cucumber Crisis Causes 10% Drop in Exports in June
July 15th, 2011
The city of Murcia, Spain is going to great lengths to help reduce the city’s traffic congestion and to promote the use of the greener method – public transportation. The bold move involves offering citizens a lifetime pass to their brand-spanking-new tram system — in exchange for their cars! The ...
Continue reading Spanish City Offers Lifetime Tram Passes in Exchange for Cars
July 12th, 2011
One in three European drivers admit they do not know how to park their vehicle and need more than one attempt to park in line, according to a new report. The survey commissioned by and conducted for Ford was published in Valencia on Tuesday to coincide with the launch of new ...
Continue reading One in Three Europeans Can’t Park on First Attempt
July 7th, 2011
A gold ring with an emerald worth $500,000, which was part of the treasure of the seventeenth-century Spanish galleon "Nuestra Senora de Atocha", has been found in the Florida Keys at the southern tip of Florida, according to Mel Fisher's Maritime Museum website. The precious jewel was found at the end ...
Continue reading Spanish Galleon Treasure Found in Florida
July 6th, 2011
Tourism is one of the few economic sectors that seem willing to give good news, reported El Mundo. The hotel industry has reported a "positive outlook" for the sector this summer, with a growth of 35% over the 2010 campaign, which will mean a return to figures similar to those ...
Continue reading Spanish Hotel Industry Recovers to Pre-Crisis Levels
July 1st, 2011
The price of broadband in Spain is the highest amongst all the OECD (Organisation for Economic Cooperation and Development) countries, including the cost of line rental, and the seventh most expensive regardless of Internet connection speed, the OECD reported in their latest study "Perspectives of Communication". Specifically, the cheapest (entry price) ...
Continue reading Spanish Broadband Most Expensive of OECD countries
June 24th, 2011
European countries coordinated their efforts on Wednesday to ask the big banks and insurance companies, who are holders of Greek debt, to become involved in the second bailout of the country. As main creditors, France and Germany led the concerted action on the eve of the Heads of State and Government ...
Continue reading Salgado Calls for Spanish Banks’ Help in Greek Rescue
June 23rd, 2011
The National Statistics Institute, on behalf of the Ministry of Economy, said yesterday that the "most common wage" lies at "about 15,500 euros" per annum. This equates to around 1,000 euros a month. The '1,000 euro wage' is a reality already recognised by government authorities, reports Cinco Dias. The Annual Wage Structure Survey, ...
Continue reading Average Spanish Wage
June 21st, 2011
Madrid's “Street of Stars” will be Martín de los Heros and the opening, attended by famous directors and actors, will be on June 27. The street in Madrid, Martín de los Heros, is set to become a “sidewalk with history” and a tribute to 25 famous figures of the Spanish ...
Continue reading Madrid Gets its Own “Walk of Fame”
