Spain Has Need Lot to Do on Budget

Spain and Italy are especially vulnerable to attacks from market speculators and should accelerate reforms of their economies as much as possible, Gonzalez-Paramo said in an interview with Spain's Cadena Ser radio.

There is no time for holidays. It's extremely urgent to act decisively and to show an inflexible compromise with the need to reform economies to make them grow," the ECB board member said.

Gonzalez-Paramo's words echoed those of European leaders in separate declarations Friday evenings after a round of telephone calls between euro-zone heads of state. 

Spain has practically completed the reform of its banking system but still needs to make progress on budgetary reforms, where elements of vulnerability remain, the ECB board member said.

"We have been told that on August 19 we will hear more of the measures which will assure that Spain will meet its budgetary targets," said Paramo, referring to Spain's commitment to reduce its budget deficit.

Spain still has a lot to do on the budget front,” said Gonzalez-Paramo in an interview with Spanish radio Cadena Ser broadcast yesterday. “Urgent measures also need to be taken to reform the labor market.”

With stock markets sinking for an eighth day, European leaders were hunting for solutions to shield Italy and Spain from market turbulence. The ECB resumed its bond-buying program, without extending the purchases to those two countries.

Umberto Bossi, leader of Italy’s co-ruling Northern League party, said the ECB will start buying Italian bonds on Aug. 8, as part of an exchange for the new economic measures unveiled by Italy’s government yesterday, Ansa newswire reported.

Meanwhile, Spanish Prime Minister Jose Luis Rodriguez Zapatero resumed his vacation in the southern part of the country, his office said in a text message yesterday evening.

Less than a day after first heading out on vacation, Zapatero returned to his office on Aug. 3 to remain in close contact with European leaders as the country’s borrowing costs approached the 7 percent mark that heralded bailouts of Greece, Portugal and Ireland.

Also yesterday, Zapatero spoke to French President Nicolas Sarkozy and agreed to implement accords adopted at the European Union July 21 summit as soon as possible, according to a statement posted on the Spanish government website.

Zapatero spoke by telephone with Italian Prime Minister Silvio Berlusconi and both agreed that the strong fluctuations of recent days in sovereign debt markets make little sense.

“Markets want to see promises kept,” said Gonzalez-Paramo, referring to the July 21 European Union summit which empowered the rescue fund to buy bonds in the secondary market, offer precautionary credit lines and lend to recapitalize banks. Paramo said there are tensions in the market because the European rescue fund can only act in theory until the changes are implemented by European governments.

European finance ministers are likely to meet in early September to speed up the implementation process of the July 21 accords, Spanish Finance Minister Elena Salgado said yesterday to Spanish radio station RNE.

Spanish bonds rallied on speculation that policy makers may take more action to arrest the crisis. The yield on Spain’s 10- year bonds tumbled 25 basis points to 6.04 percent at 4:18 p.m. in London yesterday.

Liverpool denies pressure from Spain to put Torres under knife

LONDON: Liverpool boss Rafa Benitez has dismissed reports that Spain is putting pressure on the club into sending their star striker Fernando Torres Day in Pics: December 25

for surgery to ensure that he is 100 per cent fit for the 2010 World Cup.

No force is being applied to have Torres undergo surgery to cure a niggling groin problem.

Anfield insiders say it is not going to happen anyway because Torres does not want to go under the knife, The Sun reports.

Liverpool has stressed all along that the best way to get Torres fit was to let him rest and then work with the physios on a daily basis. And manager Benitez believes their patience is about to be rewarded, with the Spanish striker ready to play a much bigger role in the second half of the season.

Benitez said: "Torres' condition is improving all the time and he could manage a full Christmas programme. In training this week he was fine. We've been patient with him and it is working.

"It has not been a straightforward thing to deal with. Sometimes he can play and, after the game, you never know how he will react. We don't know if his next game will be easy or difficult for him. There has not been any contact with Spain. None. They know we will do what is best for the player."

"At this moment, he will carry on training and working with the physios every day. That is the correct treatment. We knew we had to manage this problem during the whole season, so sometimes he is good after the treatment and sometimes not," Benitez said.

"The other problem is match fitness. We have some players who have to improve that like Torres, Fabio Aurelio, Alberto Aquilani and Steven Gerrard. We have to balance it for each one but we know we have to win games, so we have to bring the best from each player," he added.

Benitez denied Aquilani's injury problems were worse than Liverpool suspected when they paid Roma 20 million pounds for him in the summer.

Source:indiatimes.com/

Spanish federation extends Del Bosque's stay

Madrid - The Spanish football federation said on Wednesday that national team manager Vicente del Bosque had agreed to extend his contract until 2012.

"The rule of the house has always been that the contract of the national manager is extended after qualifying for the World Cup finals, whatever happens in the tournament," said Angel Maria Villar, the president of the federation at its annual Christmas dinner with the media.

Villar added that "Del Bosque has managed to take our team to the highest place (in the Fifa rankings), and has known how to handle the rich inheritance that he received".

Villar continued his after-dinner speech by saying that 2009 had been a "spectacular year" because of the centenary of the federation, and because of the results obtained.

"We have qualified for the World Cup finals brilliantly, we are the leaders in the world rankings and we have won every match except against the United States (a 2-0 loss in the semi-finals of the Confederations Cup)."

With regard to Spain's prospects at the World Cup, Villar said that "there is a lot of hope, we have a great team".

"But words are one thing and actions another thing. We will go with illusion, enjoying the fact that millions of Spaniards want us to be the champions of the world."

Villar finished by wishing Del Bosque a happy birthday. He is 59 on Wednesday.

Del Bosque, ever calm and composed, has done even better in charge of "La Seleccion" than even his closest friends and supporters hoped.

He took over in July 2008 just after Spain had elegantly won the European Championship in Vienna, when the explosive Luis Aragones - annoyed at Villar not offering him a contract extension earlier - signed for Turkish giants Fenerbahce.

Del Bosque has wisely kept faith with the little ball players - men like Xavi, Andres Iniesta, David Silva and David Villa - who took Europe by storm in 2008, and has gradually added to the mix ambitious youngsters like Gerard Pique, Jesus Navas, Alvaro Negredo and Fernando Llorente.

He became the first national manager to win every single match in one of the European six-team World Cup qualifying groups - and can now prepare for South Africa safe in the knowledge that he will be staying in the job until 2012. - Sapa-DPA

Source:iol.co.za/

Spanish lottery hands out more than $3 billion

Spain's Christmas lottery, probably the world's richest, was won earlier in the week by 1,950 people with tickets bearing the number 78294. The lottery is known as 'El Gordo' which literally means 'The Fat One' and is highly anticipated event each year, being held on 22 December.

Each ticket holder will collect $430,000 in winnings and thousands of other people won smaller prizes.

Tickets with the winning number were apparently sold in a Madrid city center lottery office.

The drawing of the winning numbers by students at Madrid's Saint Ildefonso School is a nationally televised event and excitement builds dramatically across Spain in the weeks leading up to it. The lottery is now firmly entrenched as a Spanish holiday tradition.

Whilst there are other lotteries with higher individual top prizes, El Gordo is the world's richest on account of the total sum paid out which is a staggering $3.33 million. There is no single jackpot but rather a share in the top prize.

Source:onlinecasinoreports.com/

Costa del Sol holiday parks - animals & birds

There are many animal parks to be found the whole length of the Costa del Sol. They offer a great way to spend time, and get close to some of the most fascinating animals that inhabit the world we live in.

ALMUNECAR – Tropical Bird Park
Loro Sexi tropical bird park was opened in 1987 and is now home to thousands of birds including swans, parrots, ducks, pigeons, macaws and even ostriches. During the summer, the park holds parrot shows throughout the day, a firm favourite with the kids, and there is also a cactus garden to explore.

ANTEQUERA – Lobo Wolf Park
Lobo Wolf Park in Antequera is a unique nature experience and study park situated in the heart of Andalucia. The park has four large enclosures with European wolves, Timber wolves, rare white Alaska Tundra wolves and Iberian Wolves. It is also possible to take a riding tour on noble Andalucia horses around the park to enjoy the wonderful landscape.

BENALMADENA – Garden of Eagles
The Garden of Eagles is clearly signposted and can be found at the Jardin de Las Aguilas in Benalmadena. It is open all year, but only in the afternoons. Altogether, there are over 160 birds of prey with displays held throughout the day by expert handlers. There is also a miniature castle and reptile sanctuary to explore.

BENALMADENA – Sea Life
Both the young and old will enjoy a day spent at Sea Life. The underwater passage is a great way to experience some of the more exotic Mediterranean aquatic life including sharks, rays, eels and much more. Sea Life offers some good information on our under-water world, and the opportunity to get close to some really fascinating creatures. There are regular feeding sessions throughout the day, popular with both children and adults alike.

ESTEPONA – SELWO Animal Park
SELWO Adventure Park in Estepona covers more than 100 hectares and is home to more than 2,000 roaming animals. The park is split into zones featuring different animals, with much to see on foot. There is a large lagoon populated with exotic birds including flamingos, and a huge enclosure where 40 different species of birds live freely. The park features animals from all over the world in enclosures that have been recreated to reflect their natural habitats. There are also many shows, classes and exhibitions to keep all the family interested throughout the day.

FUENGIROLA – Zoo
Situated in the middle of Fuengirola city, the zoo can be difficult to locate, but once found, it offers an excellent opportunity to see some wonderful animals in nicely designed habitats. There is plenty to see including lions, alligators, the monkey enclosure and some wonderful aquatic life. Many animals come to life around feeding time, and there is a play enclosure for the children too.

NERJA – Donkey Sanctuary
Nerja Donkey Sanctuary is situated at the western edge of Nerja, where donkeys, ponies, mules, horses, cats & dogs all have a home. The Donkey Sanctuary is free and welcomes all visitors young and old to come and enjoy some time spend with these wonderful animals. All the donkeys have either been rescued or donated to the sanctuary and are now well looked after by volunteers and anyone who wants to lend a hand.

TORREMOLINOS – Crocodile Park
In Torremolinos Crocodile Park you will find yourself in front of prehistoric monsters. These carnivores have miraculously survived 200 million years of evolution, having existed since the time of the dinosaurs. Lose yourself at the wonder at these gigantic crocodiles by silently walking beside them, observing the secrets of one of the most fascinating creatures of our world.

Costa del Sol animal parks, zoos and aviaries offer a great opportunity for our children to see some of the wonderful animals who co-exist with us in this world that we live in. Sometimes, this is the closest people get to seeing some animals that may disappear out of existence within our lifetime, as a result of our changing world. Children love to see animals and birds, and maybe some will be inspired enough to help save some of our wonderful wildlife disappearing from our world.

Article Source: http://www.travelarticlelibrary.com

Many a Madrid in the United States

If you think you will have to travel to Europe to see Madrid, you will be surprised to know that there are many towns named Madrid in the United States. The original Madrid in Spain, no doubt, is very famous, thanks to the classics of Ernest Hemmingway, and also because it is a popular tourist resort.

Madrid, Maine is located in the heart of Franklin County and actually named for the Spanish capital. The tiny town has a population well under 200 residents and sits on the lovely banks of the Sandy River near Salem. Madrid, Maine dates back to 1887 and was settled by Free Baptists, who opened seven schoolhouses for the town’s children.

The state of Alabama has its own Madrid. This one is little bigger than Madrid, Maine. This town has a population of more than 300 and is located in Houston County which is a part of metropolitan Dothan. Just like Madrid Maine, this town is also named after the famous Spanish city of Madrid.

The third Madrid is in the state of New York next to the Grasse River. It was in 1801 that the first settlers came to this small area of land near Potsdam and Lisbon and called it Madrid. Later it was named New Madrid but finally the council decided to call it only Madrid. It is in St. Lawrence County. There was a large and successful grist mill in Madrid, New York for many years until it was eventually closed. This town also resembles its namesake in Spain.

The “Show Me” state also has a town named after the Spanish capital. New Madrid was founded in 1783 by two French settlers who came to the state, originally naming the town L’Anse a la Graisse. Today, New Madrid boasts a population of approximately 3,000 residents and is about 4.5 square miles in size. Approximately 45 miles south of Cape Girardeau and 145 miles south of St. Louis, New Madrid was completely destroyed by earthquakes in 1811 and rests directly on the New Madrid fault.

Another Madrid is in the Midwestern United States. It is just 25 miles northwest of Iowa's capital city. It was founded in 1846 by Swedish settlers, often referred to as a bedroom community of Des Moines. It happens to be the oldest Swedish settlement in the west of the Mississippi River. This small hamlet has become quite prosperous since the railway traveled through it. The town was renamed in 1882 and incorporated in 1886.

You can learn more about these towns from their town websites. They may be small, but they all are up-to-date with the latest technology and have firmly planted their place on the World Wide Web.

If you are interested in visiting the Spanish capital, but don’t have the time or money, check out the next best thing—Madrid, USA! There are many other American towns named after European capitals, so get our your atlas and complete a search.

Article Source: http://www.travelarticlelibrary.com

Costa del Sol holiday attractions, activities & things to do

There is more to the Costa del Sol than just beach holidays. For family entertainment, the Costa del Sol has a huge range of holiday attractions and activities to keep the whole family happy and busy during your holiday stay in Andalucia.

ADVENTURE THEME PARKS
Isla Magica is an exciting and modern amusement park located in Seville. It is divided into seven themed areas centred on a lake, each representing a different episode in Spanish 16th century history. The seven areas are Port of the Indies, Amazonia, Pirates Cove, Gate to the Americas, Fountain of Youth, Eldorado and the Fury of the Gods.

Tivoli World in Benalmadena is one of the best amusement parks you will find in Spain. There are a host of attractions including an amusement park, funfair rides, water flume, wild-west theme town, open-air theatre and a mock Spanish plaza offering a host of shows overlooked with cafes and restaurants.

DOLPHIN WATCHING IN GIBRALTAR
Fantastic opportunity for photographing and getting close to up to 3 different species of dolphin, 7 species of whale, turtles and flying fish, while enjoying a cruise around the spectacular bay of Gibraltar. Gibraltar itself is a great place to visit and less than a 2 hour drive from Malaga International Airport.

MINI HOLLYWOOD
The desert hills of Almeria were the location for many of the famous Spaghetti Westerns such as A Fistful of Dollars and A Few Dollars More. It is now where you will find the Mini Hollywood near Tabernas on the A370. A full-blooded Western Theme Park with realistic sets, saloons and staged gunfights throughout the day.

NERJA CAVES
Discovered in 1959, the Caves of Nerja have become one of the most visited attractions in Andalucia and each summer hosts the spectacular Festival of Music and Dance. They are truly worth a visit to see nature's creation of the great hall with magnificent limestone designs, the centrepiece of many theatre productions.

RACE COURSE AT MIJAS HIPODROME
The Mijas Hipodromo on the Costa del Sol was the first racecourse to open in Spain for 25 years. There are two concentric tracks, floodlighting for nighttime racing, a grandstand for 5,000 spectators and trackside seating for a further 5,000 people. Knowing that many horse ridings are also dog lovers, there is a dog hotel available where you can leave your pets.

SCUBA DIVING
There are several scuba diving and PADI dive centres near Nerja on the Costa del Sol and Costa Tropical in southern Spain. There are PADI dive programs for all levels of divers and snorkelling trips from beginners to advanced divers.

WALKING AND HIKING IN ANDALUCIA
Andalucia is one of the best walking regions in Spain because it has everything to offer the seasoned and novice traveller. It has a great climate, one of the highest mountains in Europe, fantastic towns and cities full of history and culture. There are also wild unfrequented areas filled with dramatic scenery and some of the most interesting flora and fauna to be found anywhere in Spain.

WATER-PARKS
There are many water-parks on the Costa del Sol so you shouldn't have much difficulty finding one near your holiday resort. Water-parks are a great place to spend the whole day as a refreshing alternative to the beach.

Aquatropic water-park can be found next to Velilla beach in the town of Almunecar, on the Costa Tropical. The park offers an array of water slides including the firm favourites like the kamikaze & ring-rapids, with a range of swimming pools with wave machine, waterfall, and revolving current with inflatables. There are plenty of green areas to relax and eateries offering snacks, meals and refreshments.

Aqua-Velis water-park can be found opposite the El Ingenio shopping mall in Torre del Mar. It has over 20 different rides for all ages including some super fast slides for the more adventurous. There is an inflatable ring ride and wave machine along with a large sun terrace for sunbathers and cafeteria serving food and drinks.

The water-park at Torremolinos is especially large, offering many water-based attractions including water flumes, huge slides, large pools, and artificial river with wave machine.

CONCLUSION
The Costa del Sol offers a host of holiday attractions and activities to help you make the most of your stay in Spain. As an alternative to a visit to the beach, they are a great opportunity for some fun, adventure and excitement for the whole family. Well worth a day out from a busy schedule of sunbathing and shopping.

Article Source: http://www.travelarticlelibrary.com