Spanish debt auction attracts strong demand

Last Updated: Friday, January 13, 2012, 11:30

Spain's Treasury sold nearly 10 billion euros (USD 12.8 billion) in debt Thursday at lower yields than previous auctions, raising nearly double the target amount for the sale.

Spain set to fire opening salvos in austerity drive

Last Updated: Friday, December 30, 2011, 09:04

Spain's centre-right government will announce billions of euros in savings measures on Friday, using its first decrees since sweeping to power at November elections to give the nation a foretaste of tougher austerity to come.

Spain`s new Prime Minister sworn in, names Cabinet

Last Updated: Thursday, December 22, 2011, 22:01

Rajoy`s Popular Party won a landslide victory in Nov 20 elections on promises to lift Spain out of economic turmoil.

Rajoy sworn in as Spanish Prime Minister

Last Updated: Wednesday, December 21, 2011, 16:20

Conservative Mariano Rajoy has been sworn in before King Juan Carlos to become Spain`s new Prime Minister.

Spain's PM-elect vows to slash deficit, boost pensions

Last Updated: Tuesday, December 20, 2011, 12:55

Spanish Prime Minister-elect Mariano Rajoy Monday unveiled the general policies of his government, including reducing the public deficit by 16.5 billion euros (USD 21.4 billion) in 2012 and increasing the portion of the budget going to pensions.

Cash-strapped Spaniards bet on Christmas lottery win

Last Updated: Sunday, November 27, 2011, 09:46

Millions are out of work and a recession looms, all the more reason for Spaniards to dig deep into their pockets to gamble on the famous El Gordo (Fat One) Christmas lottery, the world's biggest jackpot, which will make a record payout this year.

Spain`s Rajoy triumphs with big election majority

Last Updated: Monday, November 21, 2011, 09:54

Spanish voters punished the outgoing Socialist government for the worst economic crisis in generations.

Centre-right roars to victory in Spain election

Last Updated: Monday, November 21, 2011, 08:30

Spain's centre-right opposition stormed to a crushing election victory on Sunday as voters punished the outgoing Socialist government for the worst economic crisis in generations.