It’s official Spain has slumped into recession as the financial turmoil has affected the construction sector in a major way. The country has not been in this position since 1993. The definition of recession is contraction of the economy in two consecutive quarters. In the last quarter of 2008 the economy shrank 1.1 percent and [...]
Bank president Emilio Botin told an extraordinary meeting of shareholders to approve a capital increase to finance the acquisition of US bank Sovereign that the results would be among the best in the world. Until now, Santander bank has forecast a record net profit of 10 billion euros (12.9 billion dollars) for 2008 but [...]
This is the objective of the ‘Accessible Museums in Tenerife’ joint initiative, which was agreed upon by the Council of Tenerife, the Institute for the Elderly and Social Services (IMSERSO) and the Spanish Foundation for the Blind (ONCE). The museums participating in this initiative include the History and Anthropology Museum and the Science and [...]
It’s official Spain has slumped into recession as the financial turmoil has affected the construction sector in a major way. The country has not been in this position since 1993. The definition of recession is contraction of the economy in two consecutive quarters. In the last quarter of 2008 the economy shrank 1.1 percent and [...]
Hundreds of tourism professionals and media gathered in Madrid for the Tenerife presentation of developments on the Island regarding accommodation, leisure and infrastructure. The ceremony was attended by the president of the Tenerife Cabildo, Ricardo Melchior, the first vice president and island tourism councillor, Jose Manuel Bermudez, president, Jos� Fernando Cabrera, the manager of [...]
TRAGEDY struck north-east Spain and the Bordeaux region of France last Saturday when a fierce storm, fuelled by hurricane-force winds, claimed 19 lives. Four children were buried under rubble when a sports hall near Barcelona was virtually demolished by 180km-an-hour winds, which blew off the roof and a wall. The children, who had had been [...]
The eight men are said to be with organisations connected with Batasuna, the banned political wing of Basque separatist group ETA. They were arrested last Thursday and Friday in Spain’s northern Basque Country and Navarra region. Judge Baltasar Garzon said they would appear in court on charges of “participation in a terrorist organisation”. The judge, [...]
Manpower Business Solutions, an affiliated company of the Manpower team, is currently Aena’s partner in carrying out this Extras service. It is the company responsible for coordination and recruitment of all people interested in taking part in this project. The airport of Barcelona is inviting interested people, over 18 years of age to participate [...]
Bank president Emilio Botin told an extraordinary meeting of shareholders to approve a capital increase to finance the acquisition of US bank Sovereign that the results would be among the best in the world. Until now, Santander bank has forecast a record net profit of 10 billion euros (12.9 billion dollars) for 2008 but [...]
