Spain

Spain to sell 15,000 state-owned buildings

Mariano-RajoyMadrid, June 21 : Spain will put up for sale next Friday 15,000 buildings of a total of 55,000 state-owned buildings in order to save money, media reports said.

The Spanish government has been studying for a year the situation of these 55,000 state-owned buildings in order to see the possibilities of making a better use of them and save money to increase Spain's central administration accounts, reported Xinhua.

Spain started emerging from recession: Luis de Guindos

Spain started emerging from recession: Luis de GuindosThe struggling Spanish economy started emerging from recession during the second quarter of this fiscal, Spain's Economy Minister Luis de Guindos announced on Tuesday.

Addressing a gathering in Santander, northern Spain, Guindos said the available figures showed that the second quarter marked a turning point, with estimated quarterly growth of about zero per cent.

Bank of Spain governor warns of challenges to recovery

Luis-Maria-LindeMadrid, June 1 : Governor of the Bank of Spain Luis Maria Linde said that Spain was faced with challenges in achieving economic recovery.

The Bank forecast a slight economic recovery for 2014, with the Spanish government expecting a growth of 0.5 percent, said Linde Friday while presenting the Bank's 2012 annual report, which also warned of high unemployment rate.

The Organization for Economic Cooperation and Development (OECD) said Thursday that Spain's unemployment rate would reach 28 percent in 2014 as the country's economy is expected to return to growth.

Spain's economy gains traction

Spain_CurrencyMadrid, May 31 - The pace of contraction in Spain's economy slowed in the first quarter, with the gross domestic product (GDP) falling just 0.50 percent, compared to the previous quarter, thanks to stabilizing consumer spending and business investment, the National Statistics Institute, or INE, said Thursday.

GDP contracted 2 percent on a year-on-year basis due to a drop of 4.9 percent in consumer spending and a gain of 2.9 percent from the export sector, the INE said.

Messi repeats desire to remain at Barcelona

Lionel-MessiBarcelona, May 16 : FC Barcelona striker Lionel Messi may be out of action for the rest of the season as the result of a torn hamstring but his 46 goals this campaign were vital in Barca claiming their fourth La Liga title in five years.

The Argentinean striker gave his feelings on what has been a difficult campaign for Barca, who are currently 10 points ahead of Real Madrid with a game in hand, but who had to suffer the loss of coach Tito Vilanova for almost three months as he underwent cancer treatment in New York, reports Xinhua.

Force India's Di Resta qualifies 10th

Paul-di-RestaMontmelo (Spain), May 11 : Force India's Paul di Resta qualified 10th for Sunday's Spanish Grand Prix at the Circuit de Catalunya here.

Mercedes' drivers Nico Rosberg and Lewis Hamilton finished Q3 in first and second positions, followed by reigning World Champion Sebastian Vettel of Red Bull.

Di Resta clocked 1:22.233 to finish last in Q3 while his teammate Adrian Sutil will start 13th, timing 1:22.346 in Q2.(IANS)

Nadal defeats Ferrer to enter Madrid semifinal

Rafael-NadalMadrid, May 11 : Rafael Nadal came within two points of defeat before he fought back to progress into the last four of the Madrid Open.

Nadal had lost the first set and was trailing 5-6 on his serve and 15-30 down to fellow Spaniard David Ferrer Friday when Ferrer missed a relatively easy shot to force two match points.

Instead, the No. 4 seed saw his chance vanish, and Nadal recovered to take the game and force the set to a tiebreak, which he won, reports Xinhua.

He then used his new-found confidence to brush a crestfallen Ferrer aside in the third set to win 4-6, 7-6 (3), 6-0.

Djokovic knocked out of Madrid Masters

Novak-Djokovic_Madrid, May 8 : World No. 1 Novak Djokovic was knocked out in the second round of the Madrid Masters after a 6-7 (6), 7-6 (8), 3-6 defeat to Bulgarian Grigor Dimitrov in a match lasting three hours and five minutes.

A tight, hard-fought first set was taken by Dimitrov in the tie-break and Djokovic looked to be heading out of the tournament late Tuesday night in the second set when Dimitrov broke his serve in the sixth game to take a 4-2 lead, reports Xinhua.

But the Serb broke back to take the set to another tie-break, which he won after 18 nerve-wracking points.

Li Na praises coach ahead of Madrid Masters

Li Na praises coach ahead of Madrid MastersMadrid, May 4 : Chinese tennis star Li Na arrives at the Madrid Tennis Masters with a positive frame of mind, and praised her coach for a successful start to the season.

The 32-year-old world number five began the year in fine form as she reached the final of the Australian Open and warmed up for Madrid by reaching the final of the Porsche Tennis Grand Prix in Stuttgart, reports Xinhua.

Mourinho hints at Real Madrid exit

Jose-Mourinho_Madrid, May 1 : Real Madrid coach Jose Mourinho has hinted he will leave Real Madrid at the end of the current football season.

Asked by Britain's ITV after the Champions League semifinal which his side won 2-0 at home to Borussia Dortmund, which was not enough to overcome their first leg 1-4 defeat, whether he hoped to do better at Real Madrid next season, he replied: "Maybe not ... I don't know, but I know I want to be where I love to be, where people love me to be ..."

Spain's economy contracts

Spain's economy contractsMadrid, May 1 - Spain's economy contracted 0.50 percent in the first quarter of this year, or three-tenths of a percent less than in the final quarter of 2012, the National Statistics Institute, or INE, said Tuesday.

The gross domestic product contracted 2 percent in year-on-year terms in the January-March period, or one-tenth of a percent more than in the prior quarter.

Spain's economy has now contracted for seven consecutive quarters, the INE said.

GDP began falling in the third quarter of 2011 after staging a recovery that quickly stalled.

Barca coach Vilanova wants to continue

Tito-VilanovaMadrid, April 27 : FC Barcelona coach Tito Vilanova confirmed that he intended to continue as the manger of the Spanish football giant for the next season.

"I feel I have the strength and the will to carry on next season, and at no time have a thought about leaving it. When I have three days off, I get bored. This is my life and I don't feel any pressure," said Vilanova in a press conference at the Camp Nou Stadium, reports Xinhua.

Ronaldo to miss weekend's La Liga

cristiano-ronaldoMadrid, April 27 : Real Madrid forward Cristiano Ronaldo was sidelined for this weekend's La Liga match due to a muscle injury, but is expected to be fit for their return leg of Champions League semifinals against Borussia Dortmund.

"We trust he will be with us Tuesday," said Real's assistant coach Aitor Karanka Friday. He did not give details on the injury, reports Xinhua.

Ronaldo has been left out for Real's league match against crosstown club Atletico Madrid Sunday, when their arch rivals Barcelona could clinch the title if they win over Athletic Bilbao and Real loses.

Spain coach Del Bosque to step down after 2014 World Cup

Del-BosqueMadrid, April 26 : Spain coach Vicente del Bosque confirmed Friday that his incredibly successful reign as leader of his country's national side will conclude at the end of the 2014 FIFA World Cup.

Former Real Madrid coach, Del Bosque is one of the most successful coaches in history, leading Spain to their first ever World Cup in 2010 and then masterminding the defence of the European Championship in 2012, making Spain the first country to ever win a European Championship (2008), then win the World Cup and then defend its European crown.

Nadal reaches quarters in Barcelona

Rafael-NadalBarcelona, April 26 : Tennis World No. 5 Rafael Nadal defeated France's Benoit Paire Friday to reach the quarterfinals of the Barcelona Open.

It took the Spaniard 86 minutes to dispose of Paire 7-6(2), 6-2 in a rain-delayed game Thursday.

Seven-time Barcelona champion Nadal survived a first-set tie break to finish his opponent in the second, converting both of his break points.

Nadal, who missed his first clay title of the season after losing in last week's Monte Carlo final to Novak Djokovic, will face either his compatriot Albert Ramos or sixth seed Kei Nishikori in the quarters later Friday.

Nadal beats Berlocq in Barcelona

Rafael-NadalBarcelona, April 25 : Spanish tennis player Rafael Nadal beat Argentina's Carlos Berlocq 6-4, 6-2 in the second round of Conde de Godo here.

The 26-year-old Nadal had no trouble at the beginning of the match and quickly broke serve before racing to a 5-3 lead in the first set Wednesday, Xinhua reports.

Berlocq, who is ranked 63rd in the world, showed spirit, breaking Nadal's serve and looking to attack the Spaniard at the net, but Nadal kept cool and took the next game to claim the opening set.

Spain's economy contracts

Spain's economy contractsMadrid, April 24 - The Spanish economy contracted 0.50 percent in the first quarter, the Bank of Spain said.

The rate of economic contraction eased in the period, compared to the fourth quarter of 2012, when the gross domestic product shrank 0.80 percent, the central bank said in its latest bulletin Tuesday.

The downturn in Spain's economy is easing as European financial markets improve despite the uncertainty over the presidential election in Italy and complications in the Cyprus bailout, the Bank of Spain said.

Nadal optimistic going into Conde Godo tournament

Rafael-NadalBarcelona, April 23 : World No. 5 Rafael Nadal was in an optimistic mood at the press conference held here for the Conde Godo tennis tournament despite his defeat in Monte Carlo by world No. 1 Novak Djokovic.

Nadal, who has won the Conde Godo tournament seven times, said Monday he's very happy to be in Barcelona as it is a Spanish competition and very special for him, reports Xinhua.

Despite his defeat in Monte Carlo, where he had won eight times, Nadal said he came to Barcelona with the same thrill as he had won there.

Abidal unsure about Barca future

Eric-AbidalMadrid, April 19 : FC Barcelona defender Eric Abidal explained that he is still unsure about his future at the football club.

The French international returned to action in Barcelona's 5-0 home win over Mallorca a fortnight ago and 402 days after undergoing a liver transplant as he had been diagnosed with a liver tumour in 2011, reports Xinhua.

He did not play in Barcelona's Champions League game against Paris Saint Germain (PSG) but made his second appearance of the campaign Sunday when he played as a late substitute in his side's 3-0 win to Real Zaragoza.

Style of winning is more important: Xavi

Xavi-HernandezMadrid, April 18 : FC Barcelona midfielder Xavi Hernandez has made a passionate defence of his side's passing style of football as they prepare for the run-in to the end of the season.

Barca are almost assured of winning Spain's BBVA Primera Liga thanks to an impressive 13-point lead over Real Madrid, but face a tough task in the Champions League, where they will meet last season's defeated finalists Bayern Munich in what is the Spanish side's sixth consecutive appearance in the semi-finals.

However, in an interview with UEFA, Xavi insisted that although winning was important, the way you win is perhaps even more so, reports Xinhua.

Syndicate content