Topic: Spain

Spain's austerity leader Rajoy names cabinet

Spain's new leader Mariano Rajoy on Wednesday named a team to steer the country out of crisis, with a former manager of ruined bank Lehman Brothers in the key economy minister job.Rajoy named Luis de Guindos, 51, to the crucial post to ...

New Spanish leader pledges deep crisis cuts

MADRID (Reuters) - Spain's incoming Prime Minister Mariano Rajoy took aim at his country's economic woes Monday, promising deep spending cuts at all levels of government while offering tax breaks for companies.It was a salvo in the near impossible task of balancing ...

Cash-strapped Spaniards bet on Christmas lottery win

MADRID (Reuters) - Millions are out of work and a recession looms, all the more reason for Spaniards to dig deep into their pockets to gamble on the famous El Gordo (Fat One) Christmas lottery, the world's biggest jackpot, which will make ...

Spain's new government faces first test

MADRID (Reuters) - Prime Minister-elect Mariano Rajoy faces the first test on Tuesday of whether markets have been reassured by his conservative party's sweeping election victory when Spain tries to sell up to 3 billion euros ($4 billion) of short-term government debt.Investors ...

Pressure for fast action after Spain election

MADRID (Reuters) - A landslide conservative win in Spain's election failed to calm markets on Monday and Prime Minister elect Mariano Rajoy was under pressure to end uncertainty by giving rapid details of his policies to combat the worst economic crisis for ...

Pressure for fast action after Spain election win

MADRID (Reuters) - Prime Minister elect Mariano Rajoy was under pressure on Monday to give rapid details of his policies to overcome the worst economic crisis for generations, after his center-right party won Spain's biggest election victory in 30 years.The euro zone ...

Spain's cautious Rajoy thrust into crisis role

MADRID (Reuters) - Mariano Rajoy, who will become Spain's new prime minister after a sweeping election victory on Sunday, is a cautious moderate who makes an unlikely crisis manager for a country engulfed in the euro zone's debt crisis.The colorless 56-year-old former ...

Center-right wins Spain election

MADRID (Reuters) - The opposition People's Party (PP) won a crushing victory in Spain's election on Sunday as voters vented their rage on the ruling Socialists for the worst economic crisis in generations.The Socialists conceded a humiliating defeat as official results showed ...

Centre-right wins Spain election: TV exit poll

MADRID (Reuters) - The opposition People's Party won a crushing victory in Sunday's Spanish election, a TV exit poll said, as voters vented their rage on the ruling Socialists for the worst economic crisis in generations.The poll by public broadcaster RTVE predicted ...

Spaniards vote to find way out of crisis

MADRID (Reuters) - Spaniards reeling from an economic crisis voted on Sunday in an election expected to throw out the ruling Socialists and bring in a center-right party which promises only harsher austerity measures.A grim mood dominated as people went to the ...
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