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News
Santander UK hit by PPI mis-selling provisions
www.telegraph.co.uk
[Telegraph.co.uk] - Mariano Rajoy, Spain's new prime minister, has made forcing banks to properly account for the value of their real estate holdings a key part of his reform package. Speaking last month, Mr Rajoy said: "If your piece of land is worth 100, it can't say on
German jobs miracle as Latin unemployment soars
www.telegraph.co.uk
[Telegraph.co.uk] - The new premier Mariano Rajoy has vowed to shake up Spain's rigid labour laws. That risks a fight with trade unions, and will inevitably lead to more jobs losses at first. Just four years ago the jobless rates in Germany and Spain were similar.
Google News: Spain cut Rx spending 8.8% in 2011, but owes drugmakers 6.3B euros
[Pharma Times] - However, the analysts also note that this pattern can only be maintained if Prime Minister Mariano Rajoy's new centre-right conservative People's Party (PP) government, which took office on December 21, continues to apply the cost-cutting measures
Google News: EU LEADERS SIGN FINANCIAL PACT
[CITY A.M.] - But fears remain that this €500bn (£418.1bn) fund may be insufficient, after Italian PM Mario Monti and Spanish leader Mariano Rajoy both made recent calls for it to be doubled to €1 trillion. French President Nicolas Sarkozy used his press conference
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