According to the Index of Industrial Production (IPI) released by the National Institute of Statistics (INE), the industrial production in Spain dropped by 0.1% in January 2014 in comparison to the industrial production reported in January 2013.
The production of consumer goods in January, however, augmented by 1.5%. Whereas, the production of durable goods dropped by 4.7%, the production of non-durable goods increased by 1.9%. The figures are measured in annual terms.
Spain’s state-backed development bank has said that now is the time to for the lender to focus more on quality rather than quantity. The bank cited the recovery in the euro region’s fourth-biggest economy as the main reason to plan a shift in strategy.
Roman Escolano, chairman of the Instituto de Credito Oficial, said during an interview on March 7 that gone is the time when they had to focus too much on volume. The next phase will be completely different than previous five years, said Escolano.
Firing rubber bullets on migrants attempting to reach North African territory was wrong, Spain’s interior minister admitted for the first time after the incident took place on February 6. The attack claimed lives of 15 migrants, who drowned after hundreds tried to swim to the enclave of Ceuta from Morocco.
The EU and right groups scathingly criticized the move, saying that bullets also had a role to play in drowning of migrants. But after more than a month, the Spanish government has admitted for the first time that it was not right to fire rubber bullets on migrants.
Spain’s move to allow a one-year extension of a special mission of a Marine task force at the Moron base near Seville has been welcomed by the US Defense Department. The US department thanked Spanish authorities behind the decision to increase the number of troops from 500 to 850.
The task force has sought the approval from Spain to have a base there for one more year and to increase the number of Marines from 500 to 850, said a Pentagon spokesman, Col. Steve Warren. He said Washington has appreciated the willingness showed by the Spanish government to host the unit.
Spain’s Barca village was built in the 15th century and now it is up for sale for free, but the owner would have to assure that he will preserve its 12 crumbling stone buildings. According to estimates of Spain's National Statistics Institute, there are 2,900 empty hamlets across the country. Hamlet of Pena Vella has the five stone houses and they are being offered for a mere 62,000 euros.
A rise has been witnessed in the number of passengers coming to Spain through cruises and boats in 2013. As per the state ports data, more than 7.66 million cruise passengers have been welcomed in the country in 2013.
On comparing the 2013 data with that of 2012, an increase of 1.3% has been witnessed and 3,846 boats of cruise type have stopped in Spain. This has led to the production of 1.255 million euros in the form of revenue from this industry.
The Madrid train bombings carried out on March 11, 2004, are considered to be deadliest Islamic terrorist attack on the European soil. The coordinated attack killed 191 people and wounded nearly 2,000.
Many of the survivors and relatives of those who died are still suffering from trauma. They are living with a feeling that justice has been denied or it could be best to say that it has been partially fulfilled.
Miguel de Cervantes was a Spanish novelist, poet and playwright. He was buried in April 1616 in the church of the red-brick Convent of Trinitarians, Central Madrid. After four centuries of the death of the author of 'Don Quixote of la Mancha', Madrid has decided to fund a search for the remains of Cervantes.
For preliminary analysis, Madrid city hall has allocated 12,000-14,000 euros. After a few weeks, a radar study would be carried out.
An act by Mayor Juan Manuel Sanchez Gordillo of Marinaleda on a hot August day in 2012 has made a household name across Spain and he is being called the Robin Hood of Andalucia.
On that day, he along with other supporters marched into the supermarket of a neighboring town and asked if they all are hungry and said let's shop. They picked up things and distributed among the poor.
In order to better the plight of struggling companies in Spain, the government has approved a new rule on Friday. The move is solely intended to help companies cut debt and avoid bankruptcy as the country has already begun to show signs of economic recovery.
The rules will make it easy for companies to get loans by making it harder for small creditors to veto deals. Also, it has devised a mechanism for creditors to write off part of a borrower's debt.
A primary deal has been agreed upon by British telecom group Vodafone to purchase Spanish cable group Ono after Vodafone increased its initial bid for the acquisition, said sources privy to the deal.
The earlier bid by Vodafone was refused by private equity-backed Ono in February. Ono sells fixed and mobile phone, TV and internet services. Ono had plans to go ahead with its initial public offering that would value the company at seven billion euros, including debt.
An aircraft carrying Spanish Prime Minister Mariano Rajoy was forced to return and make an emergency landing at Dublin Airport this afternoon after a warning light turned on, said officials. The plane, Falcon 900, departed from the runway at 3:30 pm.
The flight from Dublin to Madrid returned to the Irish capital shortly after the takeoff as a precautionary measure, said a spokeswoman for the Spanish government. She said that after the plane was checked and given all clear, Rajoy resumed his trip to Madrid.
A recent image captured from the International Space Station (ISS) shows Spain and Portugal. Spain's capital city can be seen where the large mass of light in the middle points. The image was taken after dark. Heavy populations are clearly visible along the Iberian coastline with Valencia and Barcelona along the Mediterranean Sea at the bottom right of the image.
EU officials have raised concerns over Spain's response to sub-Saharan Africans and other immigrants who try entering the Spanish boundaries to live better lives in Europe. Now, Spain has announced to increase security at the borders that divide Ceuta and Melilla from Morocco.
The Spanish and Panamanian governments have entered into an agreement, as per which they will get canal-expansion project back on active mode.
On Thursday morning, a meeting took place between Spanish Development Minister Ana Pastor and Panamanian Foreign Minister Francisco Alvarez de Soto at a Madrid hotel. In the meeting, the leaders have hailed the agreement with the GUPC consortium, which was given the task to build third set of locks for the inter-oceanic waterway.
Campaigners are not happy with the new oil-prospecting projects off Spain's Balearic and Canary Islands. Both the islands are said to draw a number of tourists every year.
As per campaigners, the projects could pose environmental threats. Already, 10 oil installations were present off Spanish coasts and some of them are acting as a constant risk of pollution. They also threaten sea species and fishing.
Chronic pulmonary disease (COPD) is the third leading cause of death in the United States. Around 134,000 people die from COPD every year, said the American Lung Association.
A research has unveiled regular walk of at least two miles can reduce hospitalization incidents due to the condition. COPD patients who do not go for regular walk had around twice the rate of hospitalizations in comparison to those who walked between two to four miles every day.
After the United States and Russia planned to talk to ease tension over Ukraine, European shares reported decent gains. The stock markets in Spain and Italy made an exception by outperforming the markets in Euro zone. Investors are more interested in both the countries after strong signs of the economy heading towards recovery.
In the last trading, the pan-European FTSEurofirst 300 index remained flat at 1,344.84 points after falling 2.2% earlier this week because of tension over conflict between Russia and Ukraine.
Spain's labor market has heaved a sigh of relief after registering a decline in unemployment rates in February for the first time in the last four years. Official figures have reported that affiliation to social security soared to 40,000 in February, making possible for the first time since the global financial crisis started to reach a yearly positive of 0.4%.
Spain is the third-largest wine producing country after Italy and France. Spanish wines are known for great taste and having solid values in both red and white wines.
This year, it is expected that Spanish wineries will produce near five billion bottles of wine, which is 23% more than last year, said the International Organisation of Vine and Wine.
Rioja is one of the best known Spanish wines, but there are some others as well that are made with the grapes not much known in the US. Monastrell, Garnacha, Albarino and Godello are some of the varieties popular in the region.
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