The leaders of Spain's two main unions, Ignacio Fernandez ...
Feb 11th, 2012
(Reuters) - The leaders of Spain's two main unions, Ignacio Fernandez Toxo (R) of the Workers' Commission (CCOO), and Candido Mendez of the General Workers Union (UGT), walk down a flight of stairs upon arriving at a news conference in Madrid February 11, 2012. Spain cut severance pay for workers on Friday and watered down collective bargaining rights, giving more power to employers as it attempts to kickstart its moribund jobs market and slash Europe's highest unemployment rate. REUTERS/Sergio Perez (SPAIN - Tags: BUSINESS EMPLOYMENT POLITICS) -
By Luke Baker BRUSSELS (Reuters) - European leaders will discuss how to combat aggressive tax avoidance by major companies such as Amazon, Google and Apple at a summit on Wednesday, and cut the estimated 1 trillion euros a year the EU loses to tax evasion or avoidance. The four-hour summit was originally called to discuss energy policy, but investi... [Full Article]
MADRID (Reuters) - Small investors in shares of in Spain's nationalised lender Bankia suffered new massive losses on Thursday as the stock plunged by more than 50 percent amid an abnormally high volume of trading which the stock market regulator said would be looked at closely. Tens of thousands of small savers, who were often missold preferen... [Full Article]
LONDON (AP) - Financial markets were subdued Thursday despite encouraging growth figures out of Japan, as investors digested a mixed batch a U.S. economic data a day after Wall Street indexes hit record highs. (Source: Associated Press)... [Full Article]