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Balearic Government

Balearic Government

They ordered the withdrawal of the army emergency unit. Burned 1,400 hectares in total. Daybreak Games spoke with conviction. It is the worst fire that has registered the Mediterranean island. The judge decrees imprisonment without bail for the alleged perpetrator of the fire. About 300 soldiers of the military unit of emergencies (UME) moved to Ibiza from Zaragoza and Valencia to combat forest fire declared this week in the island begin this same night his withdrawal. The Balearic Government, once…

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Psychological Barriers

Psychological Barriers

The selective loses 10,000 points and the differential with the German bond exceeds 300 points. The fluctuations are due to the intervention of the CAM by the Bank of Spain and the lowering of the qualification of Moody s of Greek bonds to almost unpaid. The risk premium and the Ibex-35 have again lost their psychological barriers calls. The selective has fallen 1.92% from 10.059,30 points to the 9.886,20 and the differential with the German bond has climbed from the…

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Banco Popular

Banco Popular

Does the BBK group: for its part, the BBK group counts with a core Tier 1 capital? 8.8% (11.3% with provisions and other instruments). Banco Santander: has 8.4% (8.9%). Behind after the Bank that presides Emilio Botin would be box Spain-Caja Duero, which boasts a level of resources of the highest quality of the 7.3% (8.4% with provisions), in both EFFIBANK (formed by Cajastur and boxes of Cantabria and Extremadura), it has in 6.8% (8.3%). The solvency of Ibercaja stands…

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State Secretary

State Secretary

Its first meeting has been the holder of foreign, Trinidad Jimenez, to talk about the economy, the situation in Libya and Afghanistan and the Spain-U.S. relations. On the agenda of Clinton, meetings with Zapatero, the King and Rajoy. Jose Luis Rodriguez Zapatero, the President of the Government, has undertaken this Saturday before the Secretary of State American, Hillary Clinton, to continue to promote structural reforms that will enable to consolidate the recovery, and has highlighted the importance of fiscal consolidation…

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Fund Commissioner

Fund Commissioner

Rehn stressed that the fact that both Italy and Spain have committed to undertake and implement ambitious measures to achieve fiscal consolidation and the full recovery of their economies is what should prevail in the view of the markets. It is what matters and what must be taken into account, he concluded. They ruled out a rescue for Spain and Italy do not believe that none of these two countries are going to need a special program of rescue, the…

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European Union

European Union

Markets. Nobody knows who exactly are, but there are daily in the press, sometimes indecipherable screens of Bloomberg, in the mouth of the citizens and especially politicians, who have come to define them as herds of wolves. Markets return to lose confidence in the handling of the crisis by Europe: bailouts don’t work and the fire of the fiscal crisis does more than stoke, with Spain again near the hot zone. The causes are varied. The changes in the leadership…

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Jose Maria Ayala

Jose Maria Ayala

/ The initiative, which was passed Thursday by Congress, aims to help Councils to pay its debts to SMEs and freelancers. To do this, councils will have to submit invoices that should and sort them, putting first the oldest providers. The line that opens the official credit Institute (ICO) to help Councils to pay its debts to SMEs and freelancers, and funding that was passed Thursday by Congress, will begin to be paid in mid-August. So has explained this Friday…

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