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Spain to set up 30-billion-euro fund to back financial system Spain will set up a fund worth 30 billion euros (40.8 billion dollars), which could be increased to up to 50 billion euros, to help the nation's financial system, Prime Minister Jose Luis Rodriguez Zapatero said on Tuesday. Read more Spanair crash cost owner SAS 52 million euros Scandinavian airline SAS said Tuesday that the deadly crash at Madrid's airport in August involving its subsidiary Spanair had cost it about 52 million euros (71 million dollars). Read more Bank of Spain sees zero or negative growth in second half of 2008 Spain's economy, the fifth largest in the European Union, will decline or post a growth rate of nearly zero percent during the second half of the year, the country's central bank governor Miguel Angel Fernandez Ordonez said Tuesday. Read more Spanish bank savings are safe Spanish banks are facing up to the global financial crisis better than those in other nations and there is no risk to savings in the country, Bank of Spain governor Miguel Angel Fernandez Ordonez said Tuesday. Read more Spanish homeowners struggle to make mortgage payments Faced with soaring mortgage payments -- due in part to the global credit crunch -- for the suburban Madrid apartment which he bought with his wife, Francisco Gonzalez had no choice but to take a second full-time job as a security guard. Read more Spain could raise savers' guarantees if no EU deal The Spanish government does not rule out moving to boost guarantees on bank deposits if the European Union fails to adopt a common policy, Economy Minister Pedro Solbes said Monday. Read more PM to meet France's Sarkozy Friday on financial crisis Spanish Prime Minister Jose Luis Rodriguez Zapatero will meet French President Nicolas Sarkozy on Friday in Paris to discuss the worsening global financial crisis, Spain's government said Monday. Read more PM to meet bank bosses amid global financial turmoil Spain's Prime Minister Jose Luis Rodriguez Zapatero will later on Monday meet with the heads of the country's main banks to discuss the worsening global financial crisis, a government spokesman said. Read more Spain seeks 'European' not 'national' solution The solution to problems faced by financial institutions because of the global financial crisis must be "European" and not just "national," Spanish Economy Minister Pedro Solbes said in an interview. Read more Spanish woman climbs another top peak Spanish mountaineer Edurne Pasaban on Sunday moved closer to achieving her goal of becoming the first woman to climb the world's 14 highest peaks after scaling mount Makalu on the border between Nepal and China, Spanish media reported. Read more Police break up counterfeit euro, dollar scheme in Colombia Police have dismantled three printing centres in Colombia which made counterfeit US dollars, euros and Colombian pesos and arrested five suspects, Spanish police who took part in the operation said Sunday. Read more Bomb explodes outside court in Basque region A small bomb exploded Saturday outside a court in Spain's northeastern Basque region following a warning call from the armed Basque separatist group ETA, causing material damage but no injuries. Read more Spanish police smash major drug trafficking ring, arrest 44 Police in Spain said Friday they had smashed one of the nation's biggest drug trafficking rings with the seizure of over three tonnes of hashish and the arrest of 44 suspects. Read more Spain moves to strengthen landmark law on civil war The Spanish government Friday issued four new decrees intended to boost the application of a landmark law passed last year which officially recognised the victims of the 1936-39 civil war and the ensuing dictatorship of General Francisco Franco. Read more Troubled Spanish property firm posts first-half loss of 175 mln euros Property developer Martinsa Fadesa, which became the first major victim of the property sector crisis in Spain when it filed for credit protection in July, posted Friday a first-half net loss of 174.8 million euros (242.2 million dollars). Read more Spanair checks on crash plane were inadequate A mechanic who repaired a technical problem on a Spanair jet that crashed in Madrid in August, killing 154 people, did not follow the instructions of plane maker Boeing, a newspaper reported Friday. Read more Italy court upholds jailing of one-time Madrid bomb suspect Italy's appeal court on Friday upheld an eight-year prison term handed down to an Egyptian national accused of being one of the ringleaders of the 2004 Madrid train bombings, media reports said. Read more Jobless in Spain up for sixth straight month The number of unemployed in Spain rose by 3.7 percent in September, the sixth consecutive monthly increase, to reach its highest total in more than 11 years, the labour ministry said. Read more Ryanair to grow by 40 percent in Spain by 2009 Irish budget airline Ryanair hopes to be carrying 40 percent more passengers in Spain by next year, its chief executive Michael O'Leary said in an interview published Thursday. Read more Spanish police hold 121 in sweep against child porn Spanish police have staged their biggest ever operation against Internet child pornography, arresting 121 people suspected of involvement in a network that reached 75 countries, they said on Wednesday. Read more       Searching for a house for sale Properties in Spain MyHouseSpain.com   Search a company or links in Spain? English Spanish business DailySpain.com/links   Buy a property in France? Sell your French house MyHouseFrance.com
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