Spain's opposition Socialist Party called for the resignation of Prime Minister Mariano Rajoy over a corruption scandal on Sunday as a poll showed the lowest support on record for his centre-right People's Party (PP). Media reports over the past two weeks alleged at least a dozen senior PP officials, including Rajoy, received payments from a slush fund operated by its former treasurer. ...
10:50 AM, Feb 04, 2013
Riot police clashed with protesters in Madrid and impromptu demonstrations broke out in several other Spanish cities following the prime minister's televised denial that he had accepted under-the-table payments. Prime Minister Mariano Rajoy promised to publicly disclose the amount of funds in all his personal bank accounts, denying recent media reports that allege he and members of his governing conservative Popular Party accepted or made under-the-table payments. ...
11:45 AM, Feb 03, 2013
Brussels: Under pressure to prevent a catastrophic breakup of their single currency, Eurozone leaders agreed on Friday to let their rescue fund inject aid directly into stricken banks from next year and intervene on bond markets to support troubled member states. They also pledged to create a single banking supervisor for Eurozone banks based around the European Central Bank in a landmark first step towards a European banking union that...
08:54 AM, Jun 30, 2012
Europe still has plenty of troubles to address in Spain, Greece, Portugal and Ireland. ...
10:12 AM, Jun 11, 2012
Madrid: Spain's new conservative Prime Minister was sworn in on Wednesday and he later appointed his Cabinet, including ministers charged with lifting the country out of its severe economic crisis. Mariano Rajoy was sworn in as premier before King Juan Carlos. Rajoy then appointed 12 ministers and said close party colleague Soraya Saenz de Santamaria would be government spokeswoman and deputy premier. Rajoy's Popular Party won a landslide victory in...
04:31 AM, Dec 22, 2011
Madrid: Spain's center-right opposition stormed to a crushing election victory on Sunday as voters punished the outgoing Socialist government for the worst economic crisis in generations. The People's Party, led by former Interior Minister Mariano Rajoy, won an absolute majority in Parliament and is expected to push through drastic measures to try to prevent Spain being sucked deeper into a debt storm threatening the whole euro zone. Voters vented their...
07:24 AM, Nov 21, 2011
