Tag: Spain
VIDEO: Spanish coal miners strike, galvanize public support
Spain's coal miners fear that government budget cuts will eliminate the subsidies that have kept their mines open. They're taking to the streets and demanding the subsidies be restored....
Spanish hotel, built in national park, symbol to many of what's wrong with the country
To environmentalists, the Hotel Algarrobico represents the worst example of Spain's failures to enforce its environmental laws: built right along the coast and in a national park. But to local residents, it's more economic opportunity lost. It could provide hundreds of jobs, but right now it's sitting empty....
Former Spanish beauty queen sells painting at auction, fetches one of highest prices
A British painting by John Constable was sold at auction for $35 million. That's one of the highest prices ever for a Brit painting. The funds will go to a Spanish beauty queen who says she's asset-rich, but cash-poor....
Spanish community banks, cajas, took many risks, lacked oversight
As Spain wrestles with its economic troubles, attention is focusing on the community banks, the cajas, that for a long-time were the lifeline of communities, making small loans to businesses and individuals. But somewhere along the way, those banks got into trouble and are now as much of a threat to Spain's economy as their larger cousins....
As Spain's economy struggles, some jobless Spaniards turning to the country life
With Spain's economy still struggling amid bank uncertainty and persistent unemployment, some young Spaniards are giving up the city life in hopes of reconnecting with their roots. They're moving out to the country and taking up agricultural pursuits....
Scientist discover evidence of Neanderthals being responsible for early cave paintings
No one has given the Neanderthals much credit for being intelligent and creative. In fact, they've always been thought of as humans' younger, dumber cousins. But new evidence suggests they may have been more creative than once thought....
Problems still serious as Spain's banks try to stabilize with European bailout funds
Spain's banks got a badly needed injection of recapitalization over the weekend when a trio of international lenders agreed to loan them funds to get on firmer footing. But while Spain insists this isn't a Greece-style bailout, the lenders are already moving to monitor how and on what Spain is spending their money....
Signs of progress in a Spanish town's drive to get U.S. to finish cleaning decades-old nuclear bomb accident
Some 50 years ago, four American nuclear bombs were lost when the bomb carrying them exploded and lost its cargo into the Spanish countryside. Though there was no nuclear explosion, some of the plutonium in the bombs was spread across the town and surrounding area. Most of it was cleaned up, but not all of it....
With economy plummeting, food scavenging on the rise in Spain
A report released Friday showed unemployment is Spain has reached 24.4 percent. Over 5.5 million Spaniards are jobless. As the recession deepens, more Spaniards have turned to scavenging for food to supplement their budgets. ...
Europe's governments turning against austerity measures
Across the European continent, there's a growing belief that austerity is killing those country's future, and it's growth, not spending cuts, that is needed to turn things around. But there's a tension between the need to balance the budget and the desire to grow....
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