Portugal Readies Austerity Measures The New York Times | LISBON — Portugal plans to cut its budget deficit by reducing investment and capping public sector wage growth, although it will also rely on an economic recovery starting this year. | The government also plans to raise taxes on incomes over €150,000, or about $200,000, and stock market...
EU considers own crisis fund The Himalayan | BRUSSELS:The European Union plans to create a European Monetary Fund to better coordinate the economies of the 16 countries that use the euro and prevent financial debacles such as the Greek debt crisis from undermining the credibility of Europe's single currency. | The European Commission said Mo...
Portugal Readies Austerity Measures The New York Times | LISBON — Portugal plans to cut its budget deficit by reducing investment and capping public sector wage growth, although it will also rely on an economic recovery starting this year. | The government also plans to raise taxes on incomes over ...
Portugal, like Greece, forced into austerity plan Breitbart | Portugal's Finance Minister Fernando Teixeira dos Santos (L) with Governor ... | The Portuguese government said Monday it would cut spending, delay investment and sell state assets to fix Portugal's finances just a week after fellow eurozone member...
EU considers own crisis fund The Himalayan | BRUSSELS:The European Union plans to create a European Monetary Fund to better coordinate the economies of the 16 countries that use the euro and prevent financial debacles such as the Greek debt crisis from undermining the credibility of Europe's ...
Portugal budget plan cuts investment, caps wages The Guardian * Draft plan calls for deficit cut to 2.8 percent/GDP in 2013 * Programme still to be considered by parliament, Brussels (Adds Finance Minister, analysts, details on approval) By Sergio Goncalves and Shrikesh Laxmidas LISBON, March 8 (Reuters) - Port...
AP / Daniel Ochoa de Olza
Spain's Real Madrid team breaks 400 million euro revenue barrier The Siasat Daily | London, March 02: Real Madrid has become the first sports team in the world to generate annual revenue in excess of 400 million euros, according to figures compiled by accountanc...
Venezuela Plotted to Kill Rival, Spain Says Wall Street Journal By SANTIAGO PEREZ And JOSé DE CóRDOBA | MADRID—Spain and Venezuela headed toward a potential diplomatic face-off after a Spanish judge on Monday accused Caracas of ...
Economy of Spain on the Edge The New York Times | MADRID — The idea that Spain could become a target of the world’s markets, an economic basket case weighing down the euro, is a preposterous notion, but not an unthin...
Spain: a 'real test case' for the euro Money Week | Whatever happens to Greece, markets "will soon turn their icy gaze" to other vulnerable European economies, says the FT's Victor Mallet. Enter Spain, which is set to be "the real test case for the euro", as Desmond Lachman of the American Enterpris...
Spain in bid to move Airbus jobs from UK -sources The Guardian * Spain eyes A400M jobs if UK falters on Airbus project * Written proposal would see key equipment moved from UK * Move highlights tension over jobs ahead of UK election * Partners to finalise A400M bailout after heavy losses (Adds analyst quote, bac...
Cruise travelers tell of deadly waves off Spain Philadelphia Daily News | JORGE SAINZ | The Associated Press | BARCELONA, Spain - The Mediterranean was heaving as the 68-year-old Italian stood in the cruise ship lounge. A moment later a monstrous wave shattered the windows and sent shards into her head, leaving her bleed...
Pick Your Real Madrid Team Against Lyon Goal Sergio Ramos, Cristiano Ronaldo and Raul Albiol are ready for Wednesday's match... | By Cyrus C. Malek | Real Madrid coach Manuel Pellegrini has a question mark over Sergio Ramos, who has trained at a lighter pace because of an infected toe on his left foot. And with the suspension of Xabi Alonso and injuries to Pepe, Royston Drenthe, and Karim Ben...
The pound will rise as the euro heads south The Times | The time to be greedy, the Sage of Omaha says, is when others are fearful, and the time to be fearful is when others are greedy. Warren Buffett has for years delighted in reusing old investment sayings, and they don't seem to have done the world's most famous investor much harm. Right now, that saying looks especially valid for anyone feeling ner...
