Tuesday , June 19 2018
Breaking News


Spain to take in 629 migrants stranded at sea after Italy refuses


Spain has agreed to take in 629 migrants stranded on a rescue boat in the Mediterranean Sea after Italy’s new government denied the vessel access to its ports in a bid to force a European reckoning over the migration situation. The move by Pedro Sánchez, Spain’s new socialist prime minister, to allow the migrants to disembark in Valencia looked set ... Read More »

Spain’s new prime minister names cabinet with women in majority


MADRID – Spain’s new Prime Minister Pedro Sanchez named his cabinet on Wednesday, with women taking most of the posts at the top of government for the first time in the country’s history. Sanchez, whose Socialist party holds just 84 of 350 parliamentary seats, was propelled into office on Friday after an unlikely alliance of anti-austerity and nationalist parties backed ... Read More »

Spain’s Socialists pledge ‘elections within months’ if vote succeeds


Spain’s Socialist Party pledged to hold new elections within months if its attempt to unseat Prime Minister Mariano Rajoy with a parliamentary no-confidence vote succeeds. The country’s biggest opposition party, led by Pedro Sanchez, filed the motion seeking Rajoy’s ouster in the 350-seat lower house of parliament on Friday. No date has been set for the vote, but the bid ... Read More »

Spanish Government to present a new digital tax year


MADRID: Spain’s economy minister Román Escolano said on Saturday that the government wants to present a new digital tax this year that will hurt technology firms, with the aim of entering into force in 2019. Escolano hoped to be able to approve soon a new tributary figure that contributes to paying in part the rise of the pensions that gather ... Read More »

Irish men arrested after €3.4m cannabis seizure in Spain


Five men, including four from Ireland, have been arrested after €3.4m worth of cannabis herb was seized in Spain. The drugs were discovered north-west of Malaga among pallets of lettuce in a truck that was destined for Ireland. The four Irish men – aged 56, 45, 35 and 33 – along with a 27-year-old Romanian man were detained on 6 ... Read More »

Gibraltar FURY: Spain exploits Brexit to demand police in international airport


Gibraltar, which is a British overseas territory, has been subject to various attempts to reclaim its sovereignty by Spain, with Brexit providing the latest opportunity for Madrid to flex its muscles and once again attempt a land grab. The European Union granted Spain the power of veto over the future relationship between Gibraltar and the EU after Britain leaves the ... Read More »

Spanish police uncover nine tons of cocaine in record breaking bust


Spanish police have seized a record nine tons of cocaine concealed in a shipment of bananas from Colombia. Six people have been arrested after police found the drug hidden among boxes of bananas in a shipping container at the southern port of Algeciras. The stash was the largest ever found in a single shipping container in Europe. Such a haul ... Read More »

Spanish woman wins spy cam case over supermarket pasty


A Spanish judge has told a supermarket to reinstate a sacked worker or pay her €19,000 (£16,758; $22,636), arguing that secret video showing her eating a pasty had breached her privacy. A spy camera in the Córdoba shop had recorded the woman eating a pasty while serving customers, violating the rules. The woman, not named, was sacked in November, having ... Read More »

Asda-Sainsbury’s merger puts more than 2,500 jobs at risk, warns think tank


Up to 2,500 jobs in supply chains could be at risk from the proposed merger of Asda and Sainsbury’s, the New Economics Foundation has warned. According to analysis by the think tank, the promised price cuts – Sainsbury’s CEO Mike Coupe has pledged a 10 per cent reduction for consumers – will be passed onto suppliers. The NEF found that ... Read More »

Launch of first bottled fresh organic coconut water


MADRID: The Spanish company COCO WILSON has launched the only 100%, bottled, fresh organic coconut water on the market, produced from the exclusive Nam-Hom variety. This certified organic beverage, presented in a 240 ml format, is characterised by a unique, sweet and floral flavour and has the unparalleled health properties of coconuts, grown in the Thai region of Ratcchaburi. The ... Read More »

Spain praise strong ties look to boost bilateral trade


MADRID: The relationship between Turkey and Spain will be brought to a new level, while trade and investments will also be increased, Turkish Prime Minister Binali Yıldırım said yesterday. Yıldırım’s remarks came at the Nueva Economia Forum held in Madrid, Spain, where he arrived Tuesday on an official visit.The relationship between Turkey and Spain is increasing every year, the prime ... Read More »

Spanish cherry season delayed upwards of two weeks


MADRID: Spain’s leading cherry production regions are set for a season delay of 15-20 days in 2018, according to a release from the country’s Federation of Fruit, Vegetable, Flower and Live Plant Grower Exporter Associations (FEPEX). Following a meeting of the group’s Cherry Committee, representatives from the three main production regions – Extremadura, Aragon and Catalonia – indicated there would be ... Read More »

Madrid Hosts Spanish-Kazakh Business Forum


MADRID: Spanish Secretary of State for Trade Maria Luisa Poncela urged entrepreneurs on Friday to explore business opportunities in Kazakhstan, which she described as advantageous because of a “confluence of interests.” “Kazakhstan is a country with a development plan that includes several sectors in which Spanish technology is a world leader,” Poncela told EFE on the sidelines of a Spanish-Kazakh ... Read More »

Apricots arrive early amid unfair Spain competition


MADRID: Solédane apricots, from the Roussillon region, have matured in abundance this year, and have arrived early due to near-perfect weather conditions. They are described as large, nicely rounded, and full of sweet, sunshine-ripened flavour. More are expected from the Drôme, Vaucluse and Gard departments in the coming weeks. Yet, despite the good season, producers say that their crop is ... Read More »

A Sperm whale found dead in Spain had 30 kilos of plastic


MADRID: The sperm whale washed off the Murcia coast in Spain in February. Biologists have recently carried out an autopsy on the whale, and among other things, they’ve discovered plastic bags, a jerry can, several pieces of rope and net, and even a drum. The amount of human trash was enormous, reaching about 30 kilograms (66 pounds). As the experts from the ... Read More »

Vodafone Spain launches business oriented Infinity plans


MADRID: Vodafone Spain has unveiled a new range of cloud-based plans for local businesses under the name Vodafone Infinity. The company is looking to rival recent enterprise offers from Orange and Movistar and become a long-term technological partner of Spanish companies, be it SMEs or firms with more than 100 employees. The new Vodafone Infinity plans come with unlimited voice and personalised ... Read More »

Moody’s Raises Spain Rating One Notch on Improved Credit Profile


MADRID: Spain’s sovereign rating was raised one notch to Baa1 by Moody’s Investors Service, with a stable outlook, completing a full rating upgrade by all the main credit services. “Recent years have seen gradual, but increasingly sustainable, improvements to Spain’s credit profile. Much has been done to address the weaknesses in the banking sector that emerged during the financial crisis. ... Read More »

Moody’s upgrades Spain’s debt rating citing growth


MADRID: Moody’s on Friday raised Spain’s sovereign debt grade, citing improved growth prospects and a stronger banking sector. The upgrade reflects the government’s steps to “address the weaknesses in the banking sector” and an “increasingly balanced growth profile,” despite remaining “institutional weaknesses,” the agency said in a statement. The agency moved the debt rating up a notch to the upper-medium ... Read More »

Big business pushes Spanish government to pass climate change law


MADRID: Around 30 multinational and medium-sized companies have signed a declaration calling on Spain’s “public powers” to reach an agreement that would facilitate the “approval of a climate change law and a stable, ambitious and efficient” transition to green energy. Eleven firms listed on Spain’s principal stock exchange, the Ibex35, have backed the proposal: Abertis, Acciona, Bankia, BBVA, Endesa, Ferrovial, Iberdrola, Mapfre, Red ... Read More »

PPA signed for 170MW subsidy-free solar plant in Spain


MADRID: The fact that we can implement such a project without state funding is largely thanks to the continual improvement of system design and building costs,” said Benedikt Ortmann, managing director, BayWa r.e. Solar Projects GmbH. “Building one of the first subsidy-free solar projects of this size in Europe is a ground-breaking milestone; both for us as an international renewable ... Read More »