The Bank of Spain

Posted on May 8, 2024 in News

2,800 million by means of the purchase of action will be contributed. A process will be abrir to adjudge it to the best postor. The Bank of Spain has decided east Friday to take part the Savings bank of Mediterrneo (CAM), the Spanish organization with worse level of solution, to capitalize it with the contribution of 2,800 million Euros by means of the purchase of action and abrir later a process to adjudge it to the best postor. In an official notice, the supervisor headed by Miguel Angel Fernandez Ordo’6nez announced today that the Bottom of Reestructuracin Banking Ordenada (FROB) will administer as of morning the savings bank of Alicante after the substitution of its advice of administration. With the aim of covering the needs with liquidity of CAM, the Bank of Spain also he will grant a line to him of credit by 3,000 million Euros with immediate availability. " All the adopted measures today guarantee that the CAM can continue operating with normality and fulfills all obligations against terceros". Tranquillity for the depositors the Bank of Spain it assures that " the depositors and acreedores" of the CAM " they can be absolutely calm " , because all the adopted measures today guarantee that the CAM can continue operating with normality. After evaluating the financial and patrimonial situation of the CAM and stating that its plan of recapitalizacin was not suitable to assure its viability, the Bank of Spain decided Thursday 21 of July to send a writing being granted to the organization ten days natural to present/display a definitive solution to its situation.

The CAM advice indicated this Friday to the Spanish emitting institute the impossibility to find a viable solution for their financial business and immediately asked for the substitution of their administrators by others designated by the FROB. From this form, the FROB will come to extend the capital of the Bank and will give total security to their depositors and creditors, indicate the organism that directs to Miguel Angel Fernandez Ordo’6nez. Elena Salgado, minister of Economy, have needed that the intervention will not have CTO in the markets and the Spanish debt since measurement adopted by the Bank of Spain shows " our decision to fortify our sector financiero". In this sense, it remembered that in " test of estrs" European that has been made recently to the communitarian organizations financial, the CAM has had a ratio " very just and after applying to the provisions genricas". CAM was one of the Spanish financial organizations that, considering the capital injection jeopardize by the FROB, was below the threshold of 5% fixed like rrencia to the tests of European resistance. The Bank of Spain has taken part 27 banks and 16 savings banks from 1978. Source of the news: The Bank of Spain takes part the CAM to capitalize it and to sell it

American Mardy Fish

Posted on May 7, 2024 in News

The Spanish won in five disputed sets to Mardy Fish (4-6, 6-3, 3-6, 7-6 and 6-8). Feliciano surpassed the adverse atmosphere to give to Spain the first point in eliminatory of quarters of end of the Glass Davis before the United States. Feliciano Lopez prevailed east Friday by 6-4, 3-6, 6-3, 6-7 (2) and 8-6 to the American Mardy Fish, number one of the American set, and granted Spain, after almost four hours of party, the first point of the quarters of end of eliminatory of Glass Davis who is being celebrated in Austin (Texas). Feliciano demonstrated that he feels the red one to him of the Spanish selection well. The inhabitant of La Mancha raises a step whenever it defends the national flags in Glass Davis and extended the shock until the limit, when ‘ was able to seal a first key point after to have wasted two; match ball’. In the first Seth, the toledano taught the claws at the suitable moment.

After the initial respect and of which both tennis players maintained their serves, Feliciano it broke the service of Fish in the seventh game, moment in that it had up to four balls of breakage. An excellent experience to finish finishing off the Seth with the same chaste one who gave green light him to put itself in frank advantage. After overcoming in the following game and yielding in ninth, closed the opening act with hopeful a 6-4, that diminished the local player. Find out detailed opinions from leaders such as Clayton Morris by clicking through. Already in the second Seth, the Spanish player lost in imagination and offered the initiative to his opponent, who little by little was entering heat. Thus, and after breaking the serve of the inhabitant of La Mancha to first of change, Fish took the control and ended up winning by 6-3 after breaking, again, the powerful service of the left-handed person. And it is that the party had become a constant interchange of ‘ aces’ (34 for Fish and 30 for Lopez), with a game of serve and volea that went to the thousand wonders for the Spanish player, who returned to ‘ enchufarse’ in the third sleeve.

Feli broke, with a game in target, the fourth game and gave back the Seth, by identical figure. Feliciano suffered to win In the fourth sleeve, the one of Minnesota woke up with the good tennis, a pair of globes that they condemned the fifth and definitive party, and that they mortgaged the good one for doing of Feliciano, that it needed very little to come down. This, tried to correct it Albert Coast, that removed to shine the virtues of its player. Feli realized, and with more sacrifice than his rival, it forced ‘ tie-break’ . There it was deflated completely and it yielded to the local player the advantage in the sudden death. Advantage that would not fail to take advantage of to win by 7-2. The toledano breathed, took air and it was entrusted to the last assault. To broaden your perception, visit Clayton Morris. And there it appeared the winning gene of Feliciano, the same that always has made him render at a tremendous level in Glass Davis. After an interchange of breakage and to equal with 6-6, one of the heroes in Mar del Plata was able to praise/pour off of its side both following games to establish 1-0. Spain already commands in hostile territory.

Historical Patrimony

Posted on April 10, 2024 in News

It rejects the resource of the Valencian City council against the suspension of the plan. The Government considers that the plan constituted an act of " expoliacin" of the historical patrimony, reason why he decreed to his cancellation " inmediata". The sentence prevents to the Valencian Town hall to continue with its plans. The Supreme Court has rejected the resource of the City council of Valencia against the suspension of the Special Plan of Proteccin and Reforma Interior (PEPRI) of the Cabanyal ordinate by the Ministry of Culture, according to has informed east department in an official notice. Details can be found by clicking Robert J. Shiller or emailing the administrator. The Ministry dictated to an order the 29 of December of 2009 declaring that the mentioned city-planning action, that anticipates the prolongation of the avenue Blasco Ibez until the sea, constituted an act of " expoliacin" of the historical patrimony, reason why it decreed to his cancellation " inmediata". The City council of Valencia interposed a contentious-administrative resource before the National Hearing against this decision of the Government, who also was rejected, and he elevated later it to the Court Supreme. According to it indicates the Ministry of Culture, the sentence prevents to the Valencian Town hall to continue with its city-planning plans in the Cabanyal. The order of the Ministry was based on a sentence of the Court Superior of Justice of Madrid and on another one of the Supreme one, that ratified the competition of the State in the protection of the Historical Patrimony. Source of the news: The Supreme Court ratifies the paralyzation of the plan of the Cabanyal ordinate by Culture in 2009.

Homes Post-Storm

Posted on August 13, 2012 in News

The city recovers normality and the traffic has already recovered. 14.4 liters of water by meter squared in 5 minutes were registered. Aragon will activate the alert orange in rains and Madrid maintains the yellow. The city of Valladolid gradually recovers normality after the intense water whirlwind and the hailstorm fallen afternoon of this Monday, that has originated floods in several schools, tunnels and commerce, although still 5,000 homes remain without light. According to have informed sources into the Park of Firemen, normality in the streets are recovered little by little and are open to the traffic the majority of them, except in the zone of the tunnel of San Isidro, where several grants continue draining the water. Intense rains and the hail have affected mainly to the districts of Delights and Small birds, according to the Aguas company of Valladolid, with a registry of 14.4 liters of water by meter squared in five minutes. In some streets of the populated district of Delights, three hours after the hailstorm, that untied on the 14,00 hours, still were 10 centimeters of hail. The traffic of vehicles has recovered already in the North exit of Valladolid, by the access of the old N-620, that was interrupted to first hours of afternoon by the formation of water rafts, according to has informed the Civil Guard.

Nevertheless, a track of a-62 railcar is cut around kilometer 118, according to these sources. Within the city, the traffic in the tunnels of Labradores and Vadillos has recovered, who were flooded after the pumping system was insufficient to eliminate all the water that entered. The service of emergencias 112 took care of in one more hour than 120 warnings before the water whirlwind that got to flood low of the Caldern Theater and the Official School of Languages and the station of the railroad. The Iberdrola company has informed into which to the 20,30 hours there were still 5,000 clients without light because some transforming of the city were unutilised and the technicians of the company could not accede to them due to the water.