spanish prime minister
November 9th, 2012
The Spanish Prime Minister insisted that all the measures being taken by the Government of Spain are with a view to economic recovery and added that he anticipates being able to lower taxes in 2014. He also expressed his confidence that employment and growth forecasts contained in the General State ...
Continue reading “Spain will return to economic growth in 2014″, says Rajoy
July 16th, 2012
In his speech before the Congress of Deputies last week, the Spanish Prime Minister, Mariano Rajoy announced a raft of measures, which were approved by the Cabinet of Ministers, to ensure Spain’s fiscal stability and enhance competitiveness. Among the measures to be adopted are the increase in VAT, the abolition of ...
Continue reading Government Approves Measures to Reduce Deficit and Stimulate Economy
July 11th, 2012
On Saturday the Spanish Prime Minister, Mariano Rajoy, expressed his confidence in the future of the European Union and of the single currency. Within the framework of the closing session of the FAES Campus (Foundation for Analysis and Social Studies), Rajoy highlighted the importance of the resolutions adopted by the Heads ...
Continue reading Rajoy Urges Swift Compliance with European Council Resolutions
July 6th, 2012
Spanish Prime Minister and leader of the PP, Mariano Rajoy, has announced his own new and ambitious structural reforms which, he stressed, "will be a milestone in the modernisation of our country". In his address to the PP National Executive Committee, earlier this week in Seville, Rajoy used Spain’s success at ...
Continue reading Reforms ‘Will be a Milestone for Spain’, Says Rajoy
July 2nd, 2012
At the EU Summit on Friday in Brussels, the eurozone leaders agreed to the direct recapitalisation of banks, but only after the creation of a European banking supervisor, with the involvement of the eurozone’s European Central Bank (ECB), announced the European Council President, Herman Van Rompuy. The Heads of State and ...
Continue reading Europe Accepts Recapitalisation Direct to Banks
June 27th, 2012
Speaking at the closure of the General Assembly of the Spanish Federation of Business Organisations (CEOE), the Spanish Prime Minister, Mariano Rajoy, said that "maintaining budgetary stability and reforming our economies is an essential requirement for recovering confidence in the euro." He also said that the Government has an unshakeable ...
Continue reading European Council Must Address “Critical Situation in Europe”, Says Rajoy
June 8th, 2012
The leaders of the G-20 have invited the Spanish Prime Minister, Mariano Rajoy, to discuss Spain’s crisis at the G-20 Summit meeting in Los Cabos, Mexico, to be held on 18th and 19th June, with its focus set on the European crisis, the Mexican Deputy Secretary of Finance, Gerardo Rodriguez ...
Continue reading Rajoy Invited to G-20 Summit in Mexico
May 11th, 2012
Spanish Prime Minister, Mariano Rajoy, said this week that the measures taken by the Government "on Friday and previously" to complete the consolidation of the Spanish banking sector, would solve a "good part" of the economic problems facing Spain. "These are important and far-reaching decisions. These are difficult and hard times, ...
Continue reading Bank Measures Will Stimulate Spanish Property Market
March 12th, 2012
The European Commission sent inspectors to Spain last week to discuss the situation of its public finances, after the new government announced that the deficit last year stood at 8.5% instead of the 6% agreed with the EU. "Experts from the European Commission have been in Madrid this week to ...
Continue reading Brussels Sends Inspectors to Examine Public Accounts of Spain
August 4th, 2011
The European Commission expressed confidence on Tuesday that the Spanish authorities are taking appropriate measures to put the economy "back on track", and categorically ruled out that a rescue plan is on the table for the country, despite the upsurge in pressure against its debt. "There is no bailout on ...
Continue reading Brussels Reiterates Confidence in Spain’s Crisis Measures
July 29th, 2011
The Spanish Prime Minister confirmed in a press conference today, that the next general election, scheduled for March 2012, will be brought forward to November 20. The decision to advance the election was taken "because the new elected government takes over all fiscal responsibilities for 2012 and so this will ...
Continue reading Zapatero Brings Elections Forward to November 20
July 21st, 2011
The Spanish Prime Minister, José Luis Rodríguez Zapatero, said yesterday that the "only way" to improve the credit situation is for the financial sector to conclude their restructuring and solvency plans, although he did warn that as a result of the country’s indebtedness, "there would certainly be a period of ...
Continue reading Zapatero: “The only way out of the crisis is to have sound institutions”
June 30th, 2011
In his opening speech in the Debate on the State of the Nation, Spanish Prime Minister, Jose Luis Rodriguez Zapatero, addressed the "collapse" of the real estate sector in Spain, and the "very high rate of unemployment", and said that a change of direction and acceleration of reforms must be ...
Continue reading Zapatero Calls for New Mortgage Protection Measures
May 24th, 2011
In regional elections held in Spain on Sunday the PP recorded an historic victory over Zapatero’s PSOE, putting pressure on the Spanish Prime Minister to bring forward the general election which is scheduled to take place in March 2012. The result was an unmitigated defeat for the Socialists who gained 27.82% ...
Continue reading Zapatero Suffers Defeat in Regional Elections
May 12th, 2011
Angela Merkel spoke yesterday of her "great respect" for the reforms implemented in Spain over the last year. However, during the 60 minutes she spent answering questions posed by journalists of the Foreign Press Association, Merkel purposely avoided commenting on ongoing matters concerning the European member states most affected by ...
Continue reading German Chancellor Praises Spain's Reform Efforts
