Madrid - Arco, one of the world's biggest art fairs, felt the impact of the global economic crisis as it opened for the 28th time Wednesday with a lower number of exhibitors.
The number of exhibitors had gone down from 257 in 2008 to 238, organizers said in the Spanish capital.
About 30 countries are participating in the Arco this year, with the guest country India representing one of Asia's most booming art markets.
The economic crisis had hit art galleries like other sectors, organizers said, also attributing the reduced number of exhibitors to strict selection criteria.
Madrid - Cash-strapped Spanish giants Valencia are casting around for ideas to reduce their massive debts.
"Los Ches", as they are known, are rumoured to be more than 100 million euros (129.27 million dollars) in debt, and are struggling to raise the necessary cash to begin the construction of their new stadium, which they are supposed to move in to in 2010.
According to sports daily Marca on Wednesday, Valencia owe 14 million euros to the construction company, and 15 million to the players and other employees, who have not been paid since December.
Seville, Spain - England manager Fabio Capello praised Spain on Tuesday and said the team his squad is up against in a friendly on Wednesday "has its own typical play, similar to the South American variant, but with greater speed."
The match between England and European champion Spain in Seville has prompted great expectations given the good run both teams are enjoying. It also marks Capello's return to a country he loves, following two stints as Real Madrid coach.
Belgrade - Serbia's women's tennis team will be a strong favourite against Spain when the two countries meet in the Fed Cup World Group play-offs this April, Serbian tennis officials said Tuesday.
The matches will be played on April 25 and 26 and the four winning nations will qualify for the 2010 World Group, while the four losers will start in World Group II in 2010.
"I think our opponent is all right... I'm happy with the draw," Serbia's Fed Cup representation selector Dejan Vranes was quoted as saying.
Madrid - The militant Basque separatist group ETA may have established a cell in Madrid, Spanish press reports Tuesday quoted police sources as saying.
The cell would be ETA's first based in the capital for about six years.
Evidence of the cell emerged when suspected ETA activists planted a car bomb in a Madrid fair and office neighbourhood on Monday. The blast caused material damage, but no injuries.
The bomb used in the explosion appeared to have been prepared in Madrid, the daily El Mundo said.
Madrid - Spain's main opposition conservative People's Party (PP) was embroiled in corruption allegations Tuesday, as the party's leadership sought the resignation of one of the accused.
Arturo Gonzalez Panero, Mayor of Boadilla del Monte, near Madrid, is suspected of having bought properties in Miami with illicit money, and has come under increasing pressure to step down.
Four businessmen are in already in custody, and more than 30 other people under investigation, for bribery, influence-peddling and money-laundering in Madrid, Valencia and other locations.
Madrid - Arco, one of the world's biggest art fairs, felt the impact of the global economic crisis as it opened for the 28th time Wednesday with a lower number of exhibitors.
Madrid - Cash-strapped Spanish giants Valencia are casting around for ideas to reduce their massive debts.
Seville, Spain - England manager Fabio Capello praised Spain on Tuesday and said the team his squad is up against in a friendly on Wednesday "has its own typical play, similar to the South American variant, but with greater speed."
Belgrade - Serbia's women's tennis team will be a strong favourite against Spain when the two countries meet in the Fed Cup World Group play-offs this April, Serbian tennis officials said Tuesday.
Madrid - The militant Basque separatist group ETA may have established a cell in Madrid, Spanish press reports Tuesday quoted police sources as saying.
