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Spain's government announces tough new budget

Sep 27, 2012
In further austerity measures, the government imposes some $50 billion of tax hikes and spending cuts
Posted In: Europe debt crisis, spain, austerity

Spain gets serious with budget plan, mixed U.S. economic data

Sep 27, 2012
Spain has unveiled an ambitious budget plan. Will it be enough to get the job done? Meanwhile, what does the mixed economic data in the U.S. mean for the economy?
Posted In: spain, Europe debt crisis, economic indicators

Budget cuts causing more strain in Spain

Sep 27, 2012
Today the government of Spain is expected to lay out yet another new budget with even more cuts in it.
Posted In: spain, protests, budget cuts

What’s up, Europe? Mass protests in Greece and Spain

Sep 26, 2012
Markets are shaken by the mass protests against austerity measures in Greece and Spain. Investors are questioning their earlier optimism over the prospects of recovery in Europe.
Posted In: spain, Greece, Europe debt crisis, Whats up Europe

Protests continue in Spain over budget cuts

Sep 26, 2012
More protests are expected in Spain today after some big demonstrations last night. There's outrage over a new round of budget cuts as Spain tries to avoid becoming the next Greece.
Posted In: spain, protests, austerity

Spanish leader yet to agree on bailout conditions

Sep 11, 2012
Last week in Europe there was relative euphoria: The European Central Bank said it stood ready to buy the government bonds of any nation that came seeking its help. That would help countries like Spain and Italy keep their borrowing costs down, and keep them from lapsing into financial crisis.
Posted In: spain, Europe debt crisis, bailout

What's up, Europe? ECB plan gives hope, worries Spain

Sep 10, 2012
Markets have been a brighter in the past week after the European Central Bank announced a plan to keep Spain, Italy and other troubled economies afloat. But the possibility of even more austerity on top of sky-high unemployment has the Spanish worried.
Posted In: spain, Europe debt crisis, Whats up Europe

Spanish borrowing costs up, German rating may go down

Jul 24, 2012
Spain's borrowing costs are up to 7.5 percent -- the higest since it joined the euro. As a result of the regional crisis, Moody's announced today that it is poised to lower Germany's credit rating to AA.
Posted In: spain, Germany, Europe debt crisis

Spain leads to more woes for Europe

Jul 23, 2012
New fears of a Spanish recession despite bailout measures are shaking global markets today as the threat of Greece's economic crisis still looms large in the region.
Posted In: Europe debt crisis, spain, Greece, IMF

New fears of Spanish bailout rise

Jul 23, 2012
Overseas markets are sliding this morning on new worries about Spain. After last week's bank bailouts, that seemed like an end to the country's crisis, Spain's borrowing costs are up again to 7.5 percent.
Posted In: Europe debt crisis, spain, bailout

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