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    Oct 31, 2012 | Los Angeles Times
  1. Eurozone unemployment figures hit a new high

    World Now
    Europe’s economic gloom deepened Wednesday on the back of news that unemployment in the 17-nation Eurozone hit another record high in September as the region’s debt crisis continued to sap the confidence of business owners, investors and...
  2. Jul 2, 2012 |Story| Petoskey News
  3. Mexico¿s former ruling party voted back to office

    MEXICO CITY (AP) — The party that ruled Mexico with a tight grip for most of the last century has sailed back into power, promising a government that will be modern, responsible and open to criticism.
    MEXICO CITY (AP) — The party that ruled Mexico with a tight grip for most of the last century has sailed back into power, promising a government that will be modern, responsible and open to criticism. Though Institutional Revolutionary Party...

    Tags: Polls, Crime, Law and Justice, Voting, Mexico, Organized Crime

  4. Jul 11, 2012 | Los Angeles Times
  5. More economic pain in Spain as government unveils new cuts

    World Now
    The Spanish government unveiled a new round of austerity measures Wednesday worth $80 billion to help reduce its budget deficit. The measures include spending cuts and tax hikes on items such as clothes and cars....
  6. Jun 21, 2012 | Los Angeles Times
  7. Spain's banks need up to $78 billion, auditors say

    World Now
    Spanish banks need as much as $78 billion to survive a worst-case scenario in which house prices fall 60 % from their peak, auditors said Thursday. Spain's European partners have offered it a loan of as much as $125 billion to rescue its troubled banks,...
  8. Jun 22, 2012 | Los Angeles Times
  9. 4 top European leaders back $163-billion growth package

    World Now
    Leaders of the four major Eurozone countries agreed Friday to push for a $163-billion growth package, a week before a planned European summit considered crucial to the future of the monetary union....
  10. Jun 27, 2012 | Los Angeles Times
  11. Spain's leader warns nation may not be able to borrow much longer

    World Now
    Paying ever-higher rates to borrow money, Spain may not be able to finance itself much longer through debt, the country's prime minister warned Wednesday. It was the clearest indication yet that his country may need an even bigger rescue than a European...
  12. Jun 29, 2012 | Los Angeles Times
  13. EU summit produces surprise moves to bolster struggling euro

    World Now
    European Union leaders surprised and impressed markets worldwide Friday by taking unexpectedly decisive action to boost confidence in the struggling euro common currency at a summit where little had been expected except impasse and discord....
  14. Jul 4, 2012 | Los Angeles Times
  15. Spain's high court launches probe into Bankia failure

    World Now
    Spain's high court opened a criminal fraud investigation Wednesday into the conduct of 33 current and former executives at Bankia, the conglomerate of Spanish savings banks whose spectacular failure forced Madrid to request a European bailout....
  16. May 23, 2012 |Story| Los Angeles Times
  17. Spain's prime minister: No bailout, but liquidity would be nice

    Mariano Rajoy, Spain’s prime minister, has found a new ally in his quest for lower borrowing rates and liquidity in his recession-racked country: France’s new President Francoise Hollande.
    Mariano Rajoy, Spain’s prime minister, has found a new ally in his quest for lower borrowing rates and liquidity in his recession-racked country: France’s new President Francoise Hollande. A week after his inauguration, Hollande met with...

    Tags: Germany, Angela Merkel, Europe, Spain, Google+

  18. May 30, 2012 |Story| Los Angeles Times
  19. Euro near a 2-year low; EU calls for a 'banking union'

    The European Union’s executive body is calling for a “banking union” to centralize efforts to deal with the region’s economic turmoil – especially in Spain, which is racked by high unemployment and severe debt. It’s...

    Tags: Europe, Spain, Google+, Foreign Exchange Market, Politics

  20. Jun 11, 2012 |Story| Petoskey News
  21. Rescue loans for Spain's banks buys Europe time

    WASHINGTON (AP) — A $125 billion plan to rescue Spain's banks won't solve Europe's debt crisis or ease the pain of double-digit unemployment across the continent.
    WASHINGTON (AP) — A $125 billion plan to rescue Spain's banks won't solve Europe's debt crisis or ease the pain of double-digit unemployment across the continent. But it is likely to calm financial markets and buy time for European policymakers...

    Tags: Elections, Portugal, Central Bank, Unemployment, Finance

  22. Jun 10, 2012 | Los Angeles Times
  23. Spanish leader praises bank rescue — then heads for 'Debt Derby'

    World Now
    A day after the bailout request he vowed would never come, Spanish Prime Minister Mariano Rajoy hailed an up to $125-billion loan package from Europe as a "victory for the euro" and sought to cast the deal to rescue Spain’s banks as part of his...
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Mariano Rajoy Photos
A 'Ninot' (puppet) depicting Spanish Prime Minister Mar...
(March 19, 2013)
Burning puppets
Protesters take part in a sit-in during a demonstration...
(September 26, 2012)
Protest in Madrid
Firefighters and other government employees take part i...
(July 16, 2012)
Protesting in Spain