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02 of May of 2012
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02 of May of 2012

CULTURE

Lisbon’s grand graffiti tour

Antonio Jiménez Barca|Lisbon | 02-05-2012 - 18:41 UTC

Street artists and the city government have teamed up to turn the Portuguese capital into a hotspot for lovers of spray can art

FINANCIAL MARKETS

Stocks take heavy beating as banks remain cause for concern

Andrew Sim|Madrid | 02-05-2012 - 18:33 UTC

Banks feel the brunt of the sell-off as risk premium widens IBEX has lost over a fifth of its value since the start of this year

SPORTS

Submarine finds calmer water

Rob Train|Madrid | 02-05-2012 - 18:32 UTC

Hernán Pérez strikes again to almost ensure top-division survival for Villarreal

REGIONS

Andalusia premier lambasts “waste” of PP austerity drive

Lourdes Lucio/Isabel Pedrote | 02-05-2012 - 18:31 UTC

Griñan says that all eyes are on Andalusia in hope of different policies from central government Regional leader calls for economic stimulus measures in place of cuts

EDITORIAL

The opposition and the street

02-05-2012 - 18:22 UTC

The effects of the crisis are no excuse for attempts to silence protests against the government

MADRID

End of an era for the Retiro’s cafes

Jerónimo Andreu/María Hervás|Madrid | 02-05-2012 - 14:59 UTC

Family-run businesses forced to give up franchises to run traditional ‘quioscos’ cafés that ring the park's boating lake to change hands after City Hall hikes rental fees

DEFICIT

Government will raise VAT in 2013 in bid to comply with deficit targets

El País|Madrid | 02-05-2012 - 14:44 UTC

Economy Minister De Guindos outlines “hike in indirect taxes” IMF report on “masked” bad loans in banking sector raises bailout concerns

TOWARD THE END OF TERRORISM

PP government offers to ease jail conditions for ETA convicts

Mónica Ceberio Belaza/El País|Madrid | 02-05-2012 - 14:18 UTC

Victims’ group says move amounts to “betrayal” Prime Minister Rajoy denies any change in antiterrorism policy

ECONOMIC CRISIS

Defiant Rajoy warns he will push ahead with reforms “every Friday”

El País|Madrid | 02-05-2012 - 14:17 UTC

Comments coincide with protest against spending cuts Opposition leader calls PM “last of the Mohicans” of austerity

EXPROPRIATION

Bolivia’s Morales nationalizes REE’s stake in local power utility

Mabel Azcui|Cochabamba | 02-05-2012 - 14:14 UTC

Army takes control of electricity operator’s facilities and land

EXPROPRIATION

Bolivia pledges to compensate REE for seizure of Transportadora unit

Claudi Pérez/Andrew Sim|Bruselas / Madrid | 02-05-2012 - 14:14 UTC

Spanish firm says it respects sovereign decision if government adheres to international law Bolivian unit accounts for only 1.5 percent of Red Eléctrica’s revenues

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