MADRID (Reuters) – Brussels may never build a monument to notoriously stubborn Spanish Prime Minister Mariano Rajoy but he has won grudging respect at home and in some quarters abroad for dragging out a request for an EU bailout.
Rajoy has resisted immense pressure from the European Commission, the European Central Bank (ECB), the International Monetary Fund (IMF), Spanish business leaders and even his own cabinet as he seeks the perfect political timing to ask for aid.
MADRID (Reuters) – Spain sold 3.9 billion euros ($5.04 billion) of short-term debt on Tuesday, beating the target amount for the auction and shrugging off political risk contagion from Italy by securing lower borrowing costs.
The treasury sold 2.4 billion euros of a 12-month bill and 1.5 billion euros of an 18-month bill. Together they surpassed the government’s target to issue 2.5 billion to 3.5 billion euros.
BARCELONA, Spain, Nov 26 (Reuters) – Separatists in
Catalonia won a large majority in regional elections but a poor
result for the biggest local nationalist party complicates a
push for a referendum on independence from Spain.
A deep recession and high unemployment have fuelled
separatism in Catalonia, which represents a fifth of Spain’s
economy, piling political uncertainty on top of Prime Minister
Mariano Rajoy’s economic problems.
BARCELONA, Spain (Reuters) – Separatists in Spain’s Catalonia won regional elections on Sunday but failed to get the resounding mandate they need to push convincingly for a referendum on independence.
Catalan President Artur Mas, who has implemented unpopular spending cuts in an economic crisis, had called an early election to test support for his new drive for independence for Catalonia, a relatively wealthy region in northeastern Spain.
BARCELONA, Spain, Nov 25 (Reuters) – Four separatist parties
in Spain’s Catalonia looked set to win a majority in regional
elections on Sunday, partial results showed, but the main one
was on course to lose some seats, possibly undermining its bid
to call an independence referendum.
With half of votes counted, the ruling Convergence and Union
alliance, or CiU, was winning 48 seats in the 135-seat local
parliament, well down from its current 62 seats.
BARCELONA, Spain (Reuters) – Spain’s Catalonia region, fed up with the tax demands of cash-strapped Madrid, was expected to elect on Sunday a separatist government that will try to hold a referendum on independence.
Pro-independence flags, a star against red and yellow stripes, hung on balconies in Catalonia’s capital, Barcelona, as people cast ballots in a vote that could plunge Spain into a constitutional crisis even as it struggles to avoid an international bailout.
BARCELONA, Spain (Reuters) – Spain’s Catalans, angry over rising unemployment and persistent recession, were expected to deliver their separatist leader a mandate in Sunday’s regional vote to press for secession.
Opinion polls show two-thirds of voters will vote for parties that want Catalan independence, and the election may therefore provoke a constitutional crisis over the legality of a referendum on independence.
BARCELONA, Spain, Nov 25 (Reuters) – Voters in Spain’s
Catalonia region go to the polls on Sunday and are likely to
elect a pro-independence leader who will test Spanish unity at a
time of deep economic crisis.
Opinion polls show two-thirds of voters in this region on
the French border will cast ballots for parties, both rightist
and leftist, that want Catalan independence from Spain.
MADRID/BARCELONA, Nov 22 (Reuters) – Industrious Catalans
widely believe their world-class companies and export-strong
economy – almost the size of Portugal’s – would be better off
without the rest of Spain.
As the region prepares for regional elections that may set
it on course for secession, that contention is being tested by a
raft of reports into the financial fallout of a split of
Europe’s fifth biggest economy.
BARCELONA, Spain, Nov 20 (Reuters) – Spain’s wealthy but
financially troubled region of Catalonia chooses a new
government on Sunday in an election that could trigger a
constitutional crisis over a resurgent Catalan breakaway
Opinion polls show most Catalans will vote for
pro-independence parties, either from the left or right, handing
their leader a mandate to hold a referendum on succession,
despite strong resistance from the Spanish government.