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  Thuesday, 30th March 2009

Spain bank bail-out hits shares

Spain's decision to rescue a regional savings bank has sent financial stocks in the country lower.

The Bank of Spain is to take over Caja Castilla la Mancha in the first bank bail-out in Spain since the global financial crisis began.

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Environment: Spain, number Two in Wind Energy

 

Spain is the world’s second producer of wind energy, after Germany and ahead of the United States, and plans to continue expanding its infrastructure so as to double its current output by 2012. But new regulations may slow this developmentn

On very windy days, wind energy production can supply 40 percent of Spain’s demand, although the yearly average is 10 percent. The largest share of electricity is supplied by nuclear plants which provide 20.7 percent of the total

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Spain to pull troops out of Kosovo by the Summer

The announcement was made by the Spanish Minister for Defence, Carme Chacón, on her first visit to the troops there

The Spanish Minister for Defence, Carme Chacón, has announced the withdrawal of Spanish troops from Kosovo before the summery.

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A place to visit: GRANADA

At the foot of Sierra Nevada, between the Darro and Genil rivers, lies one of the most interesting cities in eastern Andalusia. An impressive Andalusian legacy meets architectural gems from the Renaissance and the most modern facilities, typical of the 21st century.

Catholic Monarchs in 1492, Granada has an unmistakable Arab flavour. Its cuisine, crafts and urban layout are a consequence of the city's glorious history. Fountains, viewpoints and Cármenes, the villas surrounded by gardens typical of the city, add to Granada's unforgettable charm

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Spain faces tough choice on Davis Cup venue:

Spanish tennis officials face a deadline next week to decide among a group of cities all eager to host the summer Davis Cup quarter-final tie against Germany.

With power of tennis no more evident in Iberia due to the record-breaking performances of No. 1 Rafael Nadal and his supporting cast on the ATP, it's a seller's market for the July tie.

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