The most sophisticated humanoid robot in the world, which physically resembles a human being, and is designed in Japan, will hone its skills in Spain. The University has announced it will be programmed by experts from the Robotics Lab of the Carlos III University in Madrid to look after sick and disabled patients or move [...]
For the third year running, Spain leads the European table for the supreme award in ecological certification.
The ISO 14001 continues to be the seal of approval which assures company policy on commitment to the environment. There were no big surprises for Spain in this year’s annual list, published last week by The International Standards Organization [...]
Caja Madrid has decided to ramp up its presence in Indra. Over the last few weeks, the Madrid bank has been buying up small packages in the company and now owns 5% more than before. In its newest purchases, it has invested approximately 122 m€. The bank now owns 20 %of the technology company and [...]
The Bank of Spain has cautiously acknowledged praise of its supervisory model in the banking system, but is preferring to keep out of the limelight whilst the global financial system undergoes reform. The caution which characterizes the Spanish supervisory banking model has made it one of the big winners in the financial crisis. Authoritative institutions [...]
The Spanish Government is finalizing new measures to alleviate the financial problems which small and medium-sized companies are currently facing. Ministers are analysing ways which would allow those businesses to use the Official Credit Institute in order to obtain the necessary liquidity to carry out their daily activities. The move was confirmed by the Minister [...]
The prediction yesterday by José Luis Rodríguez Zapatero, the Spanish prime minister, of mergers among the country’s weaker banks merely brought into the public domain a looming reality accepted months ago in private by Spanish bankers.
“When there’s a time of grave crisis like this, it’s likely that there will be merger situations and restructurings not [...]
New shock treatment to reactivate financial activity. The government will back bank bonds and promissory notes until year’s end for up to 100 billions euros. Likewise, an agreement has been reached – a “preventive” measure – whereby the government will buy up recapitalized bank shares.
The Spanish executive put the decisions adopted on Sunday by the [...]
1. We are better prepared than ever to tackle the problem.
2. Spain’s exposure to the financial shock is minimal thanks to the solvency of banking and savings institutions
3. The strength of the Spanish economy and the measures that we are going to continue taking will contribute to recovering economic growth ratios close to their full potential from 2010 [...]
The government wants to convey a message of assurance to Spanish savers to combat the “quasi recession” repeating the same messages over and over again to quell fears of a financial storm and keep it at a safe distance.
It is fair to say that public speaking is not one of the Spanish Finance Minister Pedro [...]
Banks have crumpled throughout Europe but the real economy is more or less alright. In Spain, it is the other way round. The economy is in recession, unemployment is soaring, and the property market - one of the world’s most elevated - has crashed. Oddly, however, Spanish banks seem to be fine.
This is largely thanks [...]
