Spanish banks need 50 billion euros < Spanish news "Credit rating agency Moody's put a 50-billion-euro ($69-billion) price tag Monday on the recapitalising of Spanish banks hit by the property market collapse.
And it said the level of banks' exposure to the real estate sector damages their creditworthiness.
The Moody's Investors Service estimate is far higher than the 20-billion-euro maximum that the government says would be required to rebuild banking balance sheets.
Spain's government this month approved stricter rules on the amount of rock-solid core capital that banks must hold on their balance sheets so as to shore up confidence in the battered economy.
Spain's savings banks are weighed down by loans that turned sour after the collapse of a housing bubble in 2008 and are at the heart of fears the country could need an Irish-style international rescue."
:Text may be subject to copyright.This blog does not claim copyright to any such text. Copyright remains with the original copyright holder.
And it said the level of banks' exposure to the real estate sector damages their creditworthiness.
The Moody's Investors Service estimate is far higher than the 20-billion-euro maximum that the government says would be required to rebuild banking balance sheets.
Spain's government this month approved stricter rules on the amount of rock-solid core capital that banks must hold on their balance sheets so as to shore up confidence in the battered economy.
Spain's savings banks are weighed down by loans that turned sour after the collapse of a housing bubble in 2008 and are at the heart of fears the country could need an Irish-style international rescue."
:Text may be subject to copyright.This blog does not claim copyright to any such text. Copyright remains with the original copyright holder.
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walked away with the jewel in the crown at the 2011 Oscar ceremony.
while the other two were form the Navy."
- Africa, World - The Independent: "Thousands of people flooded on to the streets of cities across Morocco yesterday, hoping to wrest some powers from the ruling monarchy in the first large protests inspired by events in Tunisia and Egypt. At the front of the nearly thousand-strong crowd in Casablanca, excited youths held aloft a banner bearing the image of Mohammed Bouazizi, the Tunisian vegetable seller, whose self-immolation touched off the Arab revolt. They admired his sacrifice, but were revealingly modest in their demands. A larger demonstration took place in the capital Rabat, where some 5,000 protesters gathered opposite parliament. Smaller protests took place in Marrakech and Tangiers. The chants at times echoed those heard in Egypt's Tahrir Square, but differed crucially. 'The people want an end to corruption,' they chanted, wrapped in Moroccan flags, under the gentle drizzle that fell over Casablanca's Place Mohammed V. In Egypt, they wanted the end of the regime.
has ruled out any political resignations over the new scandal which is being referred to as EREgate. It’s an alleged fraud, investigations into which have found irregularities in 14 companies of the 39 where people have been paid early retirement payments when in fact they have never worked for the company concerned.
Reports indicate there are amateur athletes among those detained."
in the media over the last few years, here's a bit more about the man himself. 
. So far that has worked in Las Vegas, Macau, and Singapore, but a move to Europe is the biggest gamble yet.
has killed more than 800 people, many of them Spanish police officers, in fighting for an independent Basque state over the past four decades.
's last supper: pan tumaca - Telegraph: "The chef collapsed on Wednesday in the kitchen of Santi in Singapore, while giving Spanish food critics a tour of his newest restaurant.
within the famous Golden Mile, the hotel is next to the beach and close to many of the Costa del Sol’s golf courses. Within a few minutes’ drive of Marbella’s charming old town and marina, as well as the bigger yachts moored at Puerto Banus, the hotel is very well placed for a sun, sea and sightseeing holiday.
Rain (Up 9.6%) | Motorcycle News: "Scooters larger than 125cc have become a nice solution for moving around modern Spanish cities and built-up areas, this is in spite of the negative sales figures that were recorded for this niche, and the sector in general, last year.
of copyrighted-protected entertainment material.
discovered after working at two Alicante hospitals: "Another case of a fake doctor working at a hospital in the Valencia Region has been confirmed by the regional councillor for health, Manuel Cervera.
in Cádiz: "The Verdemar-Ecologistas en Acción organisation has denounced to the Environment Department of the Junta de Andalucía in Cádiz, what it says have been two illegal slaughters of deer on a publically owned estate at the La Almoraima finca in Castellar de la Frontera in Cádiz. The estate is owned by MARM, the Ministry for the Environment.
attack: "37 year old woman has died in Málaga City today, Tuesday, after being attacked with an axe, allegedly by her ex partner, a 41 year old man who has now been arrested. The attack happened in broad daylight in the street.
