Tag: Spain
With evictions already high, tensions boil over Spanish bank bailouts
Spain's banks are moving to get rid of homeowners who aren't paying their bills. But, at the same time, they're turning to taxpayers to give them a hand, with a multi-billion dollar bank bailout. That has Spanish activists taking to the streets in protest....
Spain considers Vegas-like project to jumpstart flagging economy
Billionaire American casino magnate Sheldon Adelson has a plan to jumpstart Spain's slow economy: Vegas. No, he's not taking the national fortune to the craps table -- he wants to build a Vegas-style resort in Madrid. He says it will draw 10 million people per year....
Spain's Catalonia region turns out in peaceful call for independence
Spain's Catalonia region, in the northeast part of the country, wants its independence. It's been a goal of many for a while, but with Spain's economy continuing to languish, discord has broken out in visible ways, manifested Tuesday in a march that according to some drew as many as a million people....
As economic recession marches on in Spain 'Robin Hood' character galvanizes poor, unemployed
Spain continues to struggle to rebuild its economy and those who are out of work are growing increasingly frustrated. In recent months, several workers marches have been held, and in some the generally peaceful protests have turned into mob actions, which include stealing from grocery stores and banks -- ostensibly for the poor....
Drought causes rash of forest fires in Spain as budget cuts limit firefighting resourcs
Spain has seen tens of thousands of acres of forests burned by fires this summer -- a problem made worse by the lack of rain and budget cuts that have cut into the resources the country can afford to put toward fire prevention and suppression....
Amateur restoration botches Jesus painting in Spain
A 19th-century fresco of Jesus Christ has hung in the Sanctuary of Mercy Church in northeastern Spain for more than 100 years. But parishioners are reeling after the beloved painting was found defaced. What was first called a case of vandalism has since been identified as one of the worst art restoration projects ever. ...
American veteran of Spanish Civil War remembers life under suspicion of communism
98-year-old James Benet left the United States in his 20s to fight on the Republican side of the Spanish Civil War. The Republicans were backed not only by foreigners, like Benet, but also by Mexico and the Soviet Union. After his side lost, Benet came back to a United States where he was immediately viewed as a communist....
European Central Bank officials express support for euro; decline to back words with action
The European economy continues to struggle, but European bankers say they're as confident as ever in the euro's stability. But with Germany watching on, they decline to take any action....
Spanish-American singer uses blended culture to craft her music
Kara Miletich is a product of a blended culture, American and Spanish. She's lived in Europe, but also in the U.S. So, unsurprisingly, her music reflects that blend of cultures and styles....
Spain could receive next bailout as its financial woes worsen
As the European Union struggles to contain the euro crisis, Spain is quickly approaching an economic collapse. The country is among those in line to receive a Greece-style bailout, though experts say its time for one may come sooner than once expected....
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