Spanish prosecutors have asked a judge to set bail at €8.2 million ($10.5 million) for the king's son-in-law and his former business partner before their possible trial in a corruption case troubling the monarchy for the past two years.
Inaki Urdangarin hasn't been charged with a crime, but is a suspect in a case in which he and his partner allegedly funneled about €5 million in public money their nonprofit foundation received for conferences between 2004 and 2006 to other companies they controlled.
Full StoryBrazilian President Dilma Rousseff has warned that too much austerity could make it difficult for the 17-nation eurozone to emerge from the financial crisis it has endured for four years.
Rousseff says the austerity measures that Spain and other members of the zone have invoked should include more flexibility so high unemployment can be reduced. When the financial crisis hit Brazil in 2008, Rousseff's predecessor went on a government spending spree.
Full StoryTens of thousands of Spanish doctors, nurses and hospital staff marched through the capital Madrid on Sunday to denounce budget cuts and privatisations, the latest protest against deeply unpopular austerity measures.
Dressed in white, the protesters chanted "Public health!" and "Health is a right. We are going to fight."
Full StoryBeating the odds in Spain's deep recession, the Mango fashion powerhouse in Catalonia says sales are booming worldwide, and even at home.
Owned by media-shy billionaire Isak Andic, Mango typifies an export-led business savvy that is the pride of many Catalans, who will hold snap regional elections November 25 over a pro-independence push.
Full StorySpain's prime minister on Saturday joined its king in asking former Latin American colonies to help the EU nation overcome a deep financial crisis by channeling investments its way.
Prime Minister Mariano Rajoy said Spain had invested heavily in Latin America when it suffered a crisis 10 years ago, and now that the roles were reversed, he called upon those nations to increase their participation in his country's economy.
Full StorySpanish Prime Minister Mariano Rajoy on Saturday rejected as "unacceptable" a proposal from EU President Herman Van Rompuy to cut the bloc's 2014-2020 budget by 75 billion euros ($95 billion).
"The government does not like this budget and we have made that known to the (European) institutions and we hope that there will be another proposal that will be more reasonable," Rajoy said.
Full StoryBritish police Friday arrested a suspected member of the armed Basque separatist group ETA who is accused of taking part in several killings, the Spanish government said.
The suspect, 45-year-old Raul Angel Fuentes Villota, was detained in Liverpool under a European arrest warrant in an operation assisted by Spanish police, the Interior Ministry said in a statement.
Full StoryBritain summoned the Spanish ambassador to London on Thursday to complain about "serious incursions" in the waters off the British Mediterranean enclave of Gibraltar, officials said.
Junior foreign minister David Lidington said recent attempts by Spanish officials to exercise jurisdiction in Gibraltar's territorial waters were "provocative" and risked damaging ties between Gibraltar and Madrid.
Full StorySpain has passed a decree curbing evictions of lower income homeowners unable to pay their mortgage, a bid to ease a trend that has seen hundreds of thousands of people lose their homes because of the brutal economic crisis.
Thursday's decree stops evictions for two years of people who are unemployed or who earn less than €1,200 ($1,527) a month after tax. It also suspends evictions of the elderly or disabled residents.
Full StoryProtesters on Wednesday flooded Madrid in a massive show of force against biting austerity policies, capping a Europe-wide day of strikes and protests.
Activists, chanting, whistling and setting off firecrackers, swamped a stretch of about two kilometers (more than a mile) of a broad avenue from the main Atocha railway station to the symbolic Plaza de Colon square.
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