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Spain's banks need up to $78 billion, auditors say
World NowSpanish banks need as much as $78 billion to survive a worst-case scenario in which house prices fall 60 % from their peak, auditors said Thursday. Spain's European partners have offered it a loan of as much as $125 billion to rescue its troubled banks,... -
Spain formally files for European bailout; details are a mystery
World NowSpain filed its formal request Monday for a European bailout, but postponed announcing an exact dollar figure and many other details until after what could be a contentious summit of the continent's leaders later this week.... -
Spain's leader warns nation may not be able to borrow much longer
World NowPaying ever-higher rates to borrow money, Spain may not be able to finance itself much longer through debt, the country's prime minister warned Wednesday. It was the clearest indication yet that his country may need an even bigger rescue than a European... -
Spain celebrates as number of jobless claims falls
World NowAfter an all-night party to fete their national soccer team, Spaniards who managed a few winks of sleep woke up Tuesday to even more good news: the biggest summertime jobs rally in 16 years. Nearly 100,000 fewer Spaniards filed for jobless claims in June,... -
Spain's high court launches probe into Bankia failure
World NowSpain's high court opened a criminal fraud investigation Wednesday into the conduct of 33 current and former executives at Bankia, the conglomerate of Spanish savings banks whose spectacular failure forced Madrid to request a European bailout.... -
Investors hold breath for run on Spanish banks, but no lines yet
World NowInvestors are holding their breath for a run on Spanish banks, as depositors quietly worry whether their money is safe. Electronic transactions are up slightly, with money flowing from smaller Spanish banks to larger ones, and even to accounts outside the... -
Spain's borrowing costs rise, stocks sink following bank rescue
World NowMADRID -- Spain's borrowing costs flirted with record highs Monday and stock prices sank on the first trading day since Madrid agreed to give $24 billion of taxpayers' money to rescue its largest real estate lender. The country's prime minister vigorously... -
Lehigh Valley woman reaches quarterfinals of major tennis tournament in Madrid; plays world's No. 4 ranked player on Friday
Groller's CornerAllentown resident and professsional tennis player Varvara Lepchenko has won three matches and advanced to the quarterfinals of the Mutua Madrid Open, played on the blue clay in Spain. Lepchenko, who is ranked No. 77 in the world has defeated three higher... -
Spain's queen snubs distant cousin Queen Elizabeth II
World NowSpain's Queen Sofia is canceling a visit to Britain for a lunch Friday of various crowned heads to celebrate Queen Elizabeth II's Diamond Jubilee. Sofia withdrew from the event at Windsor Castle because of disputes between Spain and Britain over... -
Spain overhauls its banks to help avoid bailout
World NowSpain announced a major overhaul of its troubled banking sector in a bid to avoid having to ask for an international bailout. Spain's' banks are saddled with billions of dollars in bad loans because of a housing bubble.... -
Barcelona upsets Real Madrid, 3-1
The Fabulous ForumBarcelona rallied after giving up a goal in the opening 21 seconds by scoring three unanswered goals to beat Real Madrid, 3-1, on Saturday in Spain's Clasico on a cold, rainy night in Madrid. With the win, Barcelona moves atop...... -
Crusading Spanish judge is back in court — as defendant
World NowBaltasar Garzon, a Spanish judge who indicted former Chilean dictator Augusto Pinochet, is back in court as a defendant. Garzon, 56, is charged with ordering illegal wiretaps in one of three cases against him....
Jun 21, 2012
| Los Angeles Times
Jun 25, 2012
| Los Angeles Times
Jun 27, 2012
| Los Angeles Times
Jul 3, 2012
| Los Angeles Times
Jul 4, 2012
| Los Angeles Times
May 26, 2012
| Los Angeles Times
May 28, 2012
| Los Angeles Times
May 11, 2012
| Allentown Morning Call
May 17, 2012
| Los Angeles Times
May 11, 2012
| Los Angeles Times
Dec 10, 2011
| Los Angeles Times
Jan 18, 2012
| Los Angeles Times
Original site for Madrid (Spain) topic gallery.