Spain proposes 9 bln euro bank fund -minister
The News Review:
- Spain proposes 9 bln euro bank fund -minister
- Spain media giant Prisa announces TV merger plan
- Kuznetsova travels long road back to the top
Spain proposes 9 bln euro bank fund -minister
guardian.co.uk
8 billion) bank restructuring fund and hopesto pass the measure through Congress in June Economy MinisterElena Salgado said. Asked in an interview with newspaper ABC if the governmentwas seeking a 9 billion fund as press have reported Salgadosaid: “That is our proposal. Details of the fund which would be run by the Bank ofSpain follow comments by Prime Minister Jose Luis RodriguezZapatero on Friday that some Spanish savings banks face problemsafter the collapse of the housing boom. He said the governmentwould help them get through the next two to three difficultyears.
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Spain media giant Prisa announces TV merger plan
AFP
The government in February passed a law that eliminated a 5. 0 percent limit on cross shareholdings at television broadcasters. The law is intended to ease sector mergers at a time when Spain’s media is being hammered by the country’s worst recession in over five decades with advertising revenues dropping sharply. Prisa and Imagina’s parent company Mediapro also announced that they had reached a deal on sharing broadcasting rights of top Spanish football matches for the next three seasons ending a bitter dispute. La Sexta and Prisa’s pay-TV unit Digital+ have shared the broadcast rights for the first division and Spanish Cup but have clashed over which matches should be shown on which channel and at what time. Aside from El Pais Prisa also owns business paper Cinco Dias sports daily AS as well as several radio stations in Spain and extensive interests in Latin America. Last year the group invited offers for Digital+ but has failed to find a buyer.
Kuznetsova travels long road back to the top
FXSports.com
The results didn’t come quickly but after spending nine years training in Spain away from her family and friends she wanted to reconnect with her homeland and be around folks who are more like her. As much as she still loves Spain and credits her former coaches for laying the foundations of her game she felt like she needed a big change. After winning her first major at the 2004 U.
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