Spain

The Savvy Grown-Up's Guide to Spring Break on a Budget

College students aren't the only ones heading south for spring break. Couples and families of all ages want to escape the winter blues too, preferably with a great deal. Here's how to beat the crowds and find the least expensive, most relaxing vacations available.

5 Foreign Stocks You Can Snap Up at Bargain-Basement Prices

when a country's stock market gets crushed due to wider economic concerns, some promising often stocks get unfairly punished. Here are five foreign companies whose shares are trading now at attractive prices, along with explanations for why they're such bargains.

Spain to Offer Residency to Foreigners Who Buy Homes There

Looking for a new place to call home? Spain wants to welcome you with a bit more than a basket of baked goods. In an attempt to reduce the country's vast stock of unsold homes, the government is set to offer permanent residency to any foreigner who buys a house or apartment worth more than $200,000.

Don't Fear a Moody's Downgrade - Fear a China Slowdown

Credit rating agency Moody's is threatening to downgrade U.S. debt if Washington doesn't get its act together soon -- which could (perhaps) increase the government's borrowing costs. That would be troublesome, but the really scary U.S. debt problem is China's economic slowdown.

Europe Teeters on the Edge of Recession

Europe is edging closer to recession, dragged down by the crippling debt problems of the 17-country eurozone, official figures showed Tuesday: The economies of both the eurozone and the full EU shrank by 0.2% in the second quarter, after a flat first quarter.

S&P Closes Over 1,400 for First Time in 3 Months

It's been a day of milestones for the stock market. Stronger corporate earnings reports and expectations that central banks will act to support the economy powered the Standard & Poor's 500 index past 1,400 for the first time in three months.

Eurozone OKs Terms of Bailout for Spanish Banks

Finance ministers from the 17 countries that use the euro have approved the terms for a bailout loan for Spanish banks. The first 30 billion euros of up to 100 billion euros in loans will be disbursed this month.

Spanish Government Unveils Nearly $80 Billion Austerity Plan

A day after winning EU approval for a huge bank bailout, Spain's government imposed further austerity on the country Wednesday as it unveiled sales tax hikes and spending cuts aimed at shaving $79.85 billion off the state budget over the next two and a half years.

Eurozone Unemployment Hits New Record High

Unemployment in the 17-country euro currency bloc hit another record high in May -- 11.1% -- as the crippling financial crisis pushed the continent toward the brink of recession, official figures showed Monday.

Stock Market Cuts Its Losses with a Late Rally

A late recovery on Wall Street wiped out most of the stock market's losses Thursday, leaving the Dow Jones industrial average down just 25 points. The Dow had been down as much as 177 points but came back sharply at the end of the day.