Spain http://www.globalpost.com/taxonomy/term/19922/all en Man arrested over plot to murder king of Spain http://www.globalpost.com/dispatch/news/regions/europe/united-kingdom/110707/king-spain-eta-assassinate-guggenheim-basque <p> Gogeaskoetxea is suspected of belonging to a cell that plotted to kill King Juan Carlos in Bilbao in October 1997, during the opening of the Guggenheim Museum.</p> <p><a href="http://www.globalpost.com/dispatch/news/regions/europe/united-kingdom/110707/king-spain-eta-assassinate-guggenheim-basque" target="_blank">read more</a></p> Spain France Europe Politics Spain United Kingdom Thu, 07 Jul 2011 12:42:00 +0000 News Desk 5669693 at http://www.globalpost.com Europe: A very bad day all around http://www.globalpost.com/dispatches/globalpost-blogs/europa/europe-very-bad-day-all-around-update <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> Around the continent bad news keeps knocking markets and people who work for governments </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> Bad things come in threes, my mother always said. Here are three from yesterday:</p> <p> <strong>1. Italy </strong></p> <p> The country had its credit rating downgraded by Moodys three notches with a negative outlook for the future. For all the complaints about the agencies and their criteria for these pronouncements they can still shape perception about a nation&#39;s creditworthiness. The fear has to be that interest rates on Italian bonds will continue to rise, although Moody&#39;s report indicates that Italy in likely to default.</p> <p> According to La Repubblica the downgrade comes &quot;in part from risk derived from economic and political uncertainty.&quot; The focus on Italy&#39;s political uncertainty is a reminder that the bunga-bunga parties of Silvio Berlusconi are more than tabloid entertainment ... they have an effect on Italy&#39;s global economic position.</p> <p> The BBC quoted <a href="http://www.bbc.co.uk/news/world-europe-14993848">Emma Marcegaglia</a>, the head of Italy&#39;s leading industrial association, Confindustria, on the matter of Berlusconi and the ratings downgrade</p> <p> &quot;We are a serious country and we are fed up at becoming the laughing stock of the world.&quot;</p> <p> When Italy has to start paying interest rates over 6% (nudging in that direction since last week) on its bonds it won&#39;t be very funny.</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/europe-very-bad-day-all-around-update" target="_blank">read more</a></p> BeNeLux Cat Dexia Europe Greece Italy Silvio Berlusconi Spain Theresa May France Europe Italy Spain United Kingdom Europa Wed, 05 Oct 2011 08:54:00 +0000 Michael Goldfarb 5676875 at http://www.globalpost.com Occupy Wall Street style protests growing in Europe http://www.globalpost.com/dispatches/globalpost-blogs/europa/occupy-wall-street-style-protests-growing-europe-0 <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> The indignados of Spain inspired the Occupy Wall Street folks and now the protests have hit Rome. Next stop? </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> Like the return of some oscillating wave, the idea of street protests has come back to the Mediterranean.</p> <p> The wave began early in the year on the southern shore of what the Romans called &quot;our sea,&quot; as Arabs took to the streets ... and eventually to the battlefield to challenge and overthrow the political establishment.</p> <p> It stopped to pick up momentum in Spain with the indignados occupying the center of Madrid</p> <p> It reached the shores of North America last month in the form of the Occupy Wall Street encampment.</p> <p> Now it has returned to the Med.</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/occupy-wall-street-style-protests-growing-europe-0" target="_blank">read more</a></p> Arab Spring indignados Italy Mario Draghi Occupy World Spain Europe Italy Spain United Kingdom Europa GlobalPost Blogs Thu, 13 Oct 2011 09:34:00 +0000 Michael Goldfarb 5677768 at http://www.globalpost.com More down and up economic indicators in Europe and other stuff http://www.globalpost.com/dispatches/globalpost-blogs/europa/more-down-and-economic-indicators-europe-and-other-stuff <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> Spanish debt downgraded amid hope that France and Germany have finally reached agreement on euro bailout. Plus other happenings around the continent </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p>Pulling string around the continent:</p> <p><strong>Economy</strong></p> <p><em>Degradation:</em>  Spanish debt was was downgraded two notches to A1 by Moody's yesterday. This makes it a hat trick of downgrades, as Fitch and Standard &amp; Poor's had already done the dirty to <a href="http://www.globalpost.com/internal/section-config/spain">Spain</a>. (more <a href="http://www.elpais.com/articulo/economia/Moody/s/sigue/estela/Fitch/S/26P/rebaja/escalones/deuda/Espana/elpepueco/20111018elpepueco_24/Tes">here</a> for those who read Spanish)</p> <p>Today's French papers are full of speculation that <a href="http://www.globalpost.com/internal/section-config/france">France</a>'s debt will be next. Moody's has put France "under surveillance." </p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/more-down-and-economic-indicators-europe-and-other-stuff" target="_blank">read more</a></p> Booker Prize euro zone crisis France Germany Home Jennifer Egan Julian Barnes Liam Fox Moody's ratings agencies Spain France Europe Germany Spain United Kingdom Europa GlobalPost Blogs Wed, 19 Oct 2011 08:59:00 +0000 Michael Goldfarb 5678404 at http://www.globalpost.com ILO annual report: jobs recession will deepen; rising unemployment and social unrest likely in 2012 http://www.globalpost.com/dispatches/globalpost-blogs/europa/ilo-annual-report-jobs-recession-will-deepen-rising-unemployment- Economies may avoid recession, but working people won't, says the ILO's annual survey of the World of Work.<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/ilo-annual-report-jobs-recession-will-deepen-rising-unemployment-" target="_blank">read more</a></p> Home ILO Spain Spain economy unemployment world of work Europe Spain Europa GlobalPost Blogs Mon, 31 Oct 2011 12:25:43 +0000 Michael Goldfarb 5679724 at http://www.globalpost.com Europe and the markets say TGIF!! http://www.globalpost.com/dispatches/globalpost-blogs/europa/europe-and-the-markest-say-tgif <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> Greeks have a new government, Berlusconi is expected to go this weekend ... but the euro zone crisis is far from over </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> At the end of the worst week for Europe politically and economically since the fall of the Berlin Wall here&#39;s where we are:</p> <p> Greece&#39;s new Prime Minister Loukas Papademos was sworn in and the new PM pledged Greece would do everything required to stay within the euro</p> <p> Italy&#39;s Senate voted through <a href="http://www.bbc.co.uk/news/world-europe-15688755">a package of austerity measures </a>the first step in paving the way for Silvio Berlusconi to resign.</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/europe-and-the-markest-say-tgif" target="_blank">read more</a></p> euro zone crisis France Greece Home Italy Monti Papdemos rating agencies Silvio Berlusconi Spain Standard and Poor's usury France Europe Italy Spain Europa GlobalPost Blogs Fri, 11 Nov 2011 16:35:00 +0000 Michael Goldfarb 5681112 at http://www.globalpost.com Europe: the wisdom of markets? http://www.globalpost.com/dispatches/globalpost-blogs/europa/europe-the-wisdom-markets Do bond markets know what they're doing?<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/europe-the-wisdom-markets" target="_blank">read more</a></p> bond markets economic growth France Germany Home Jose Luis Rodriguez Zapatero Mariano rajoy Spain United States of America Americas France Europe Germany United Kingdom United States Europa Tue, 15 Nov 2011 18:40:26 +0000 Michael Goldfarb 5681397 at http://www.globalpost.com Merkel and Cameron meet: wonder what they will say http://www.globalpost.com/dispatches/globalpost-blogs/europa/merkel-and-cameron-meet-wonder-what-they-will-say Cameron and Merkel meet to discuss euro zone crisis <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/merkel-and-cameron-meet-wonder-what-they-will-say" target="_blank">read more</a></p> Angela Merkel David Cameron euro zone crisis Home Mariano rajoy Spain Europe Germany Spain United Kingdom Europa GlobalPost Blogs Fri, 18 Nov 2011 09:59:52 +0000 Michael Goldfarb 5681739 at http://www.globalpost.com Spain: no respite from the market http://www.globalpost.com/dispatches/globalpost-blogs/europa/spain-no-respite-the-market <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> New Prime Minister Mariano Rajoy should be the kind of guy the bond market can do business with: a tax-slashing, regulation crushing, debt-reducing conservative, nevertheless the markets are ratcheting up their attack on Spanish bonds </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> At a press conference on Monday, Mariano Rajoy, landslide victor in Sunday&#39;s Spanish election, asked the markets for a breathing space as he puts together his new government. Tuesday the markets gave him an answer:</p> <p> <br /> They doubled the interest on <a href="http://www.ft.com/cms/s/0/f08822d4-152e-11e1-855a-00144feabdc0.html#axzz1eVsyhNBJ">90 day Spanish bonds</a> over the price the country had to pay from last month. Spain now pays a higher rate of interest - 5.11 percent - for this short-term paper than Greece.</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/spain-no-respite-the-market" target="_blank">read more</a></p> Britain De La Rue Home Mariano rajoy Spain Tim Cobbold Europe Spain United Kingdom Europa Wed, 23 Nov 2011 08:47:41 +0000 Michael Goldfarb 5682285 at http://www.globalpost.com Europe: Thanksgiving? por nada http://www.globalpost.com/dispatches/globalpost-blogs/europa/europe-thanksgiving-por-nada Thanksgiving in Europe has a hollow ring as the economic crisis inside and outside the euro zone bites<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/europe-thanksgiving-por-nada" target="_blank">read more</a></p> Angela Merkel bond yields Britain euro zone crisis German Home Italy Mario Monti Nicolas Sarkozy Spain France Europe Germany Italy United Kingdom Europa GlobalPost Blogs Thu, 24 Nov 2011 10:45:07 +0000 Michael Goldfarb 5682426 at http://www.globalpost.com Spanish Royal Scandal http://www.globalpost.com/dispatches/globalpost-blogs/europa/spanish-royal-scandal Spain's King Juan Carlos takes his son-in-law down a peg as financial scandal surrounds the husband of his youngest daughter<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/spanish-royal-scandal" target="_blank">read more</a></p> Duke and Duchess of Cambridge. Home Iñaki Urdangarin Kate Middleton King Juan Carlos of Spain Oprah Winfrey Prince William Sarah Ferguson Spain Spanish Royal Family Europe Spain Europa GlobalPost Blogs Tue, 13 Dec 2011 15:40:38 +0000 Michael Goldfarb 5684109 at http://www.globalpost.com Spain: sombre times ahead http://www.globalpost.com/dispatches/globalpost-blogs/europa/spain-sombre-times-ahead New Spanish Prime Minister Mariano Rajoy says times are tough and they will get tougher<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/spain-sombre-times-ahead" target="_blank">read more</a></p> euro zone debt crisis Home Mariano rajoy snowbirds Spain Sunbelt unemployment Europe Spain Europa GlobalPost Blogs Tue, 20 Dec 2011 09:58:07 +0000 Michael Goldfarb 5684653 at http://www.globalpost.com Europe: Markets easing up http://www.globalpost.com/dispatches/globalpost-blogs/europa/europe-markets-easing Christmas? or a sense that perhaps the patient has stabilized?<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/europe-markets-easing" target="_blank">read more</a></p> Bloomberg euro zone crisis Germany Home Regions Spain Europe Germany Spain Europa GlobalPost Blogs Tue, 20 Dec 2011 17:15:09 +0000 Michael Goldfarb 5684688 at http://www.globalpost.com Spain is back in recession http://www.globalpost.com/dispatches/globalpost-blogs/europa/spain-back-recession Economy Minister says Spain has "relapsed" into recession in the last quarter of 2011. Further contraction is expected next year.<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/spain-back-recession" target="_blank">read more</a></p> Home Mariano rajoy recession Regions Spain unemployment Business Europe Global Economy Spain Europa GlobalPost Blogs Tue, 27 Dec 2011 12:09:44 +0000 Michael Goldfarb 5685206 at http://www.globalpost.com European financial markets say goodbye and good riddance to 2011 http://www.globalpost.com/dispatches/globalpost-blogs/europa/european-financial-markets-say-goodbye-and-good-riddance-2011 Europe's financial markets lost ground in 2011. Next year doesn't look much better as one of Europe's big economies, Spain, tries to halve its deficit by cutting spending and raising taxes<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/european-financial-markets-say-goodbye-and-good-riddance-2011" target="_blank">read more</a></p> 2011 2012 austerity DAX financial markets Frankfurt FTSE-100 Home Mariano rajoy Regions Spain unemployment Europe Germany Spain United Kingdom Europa GlobalPost Blogs Fri, 30 Dec 2011 15:25:41 +0000 Michael Goldfarb 5685483 at http://www.globalpost.com