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Moody's slashes Spain debt ratings three notches


Credit ratings agency Moody's Investors Service cut its rating on Spanish government debt on Wednesday by three notches to Baa3 from A3, saying the newly approved eurozone plan to help Spain's banks w

Holders Spain held to draw by Italy


Holders Spain were held to a 1-1 draw by a dogged and determined Italy at the Arena Gdansk here on Sunday in the opening Group C match at the European Championship.

Italy took the lead on 61 minutes

EU's Spain bank rescue may bring only brief respite


Eurozone finance ministers rushed Spain into an EU-funded rescue for its debt-stricken banks to pre-empt the threat of a bank run if Greece's debt crisis flares again but any respite for Madrid and th

Eurozone agrees to lend Spain up to 100 billion euros


Eurozone finance ministers agreed on Saturday to lend Spain up to 100 billion euros to shore up its teetering banks and Madrid said it would specify precisely how much it needs once independent audits

Moody's may lower European sovereign debt ratings


Moody's Investors Service has said that it may consider downgrading debt ratings for some eurozone nations if Spain seeks a bailout for its banking sector or Greece ends up dropping the euro as its na

‘Spanish bailout could reach 100 bln euros’


A bailout for Spain's teetering banks, once requested by Madrid, could amount to as much as 100 billion euros, two senior EU sources said on Saturday.

Spain has not yet made a formal request for Euro

Merkel says EU ready to act as Spain downgraded


German Chancellor Angela Merkel said Europe was ready to act to ensure stability in the eurozone as Spain's credit rating was cut by three notches on Thursday amid expectations it may soon seek EU hel

Football: Spanish set out to achieve historic treble


Poland get the honour of opening Euro 2012 on Friday against surprise 2004 winners Greece but it would take a major upset to see either team or co-hosts Ukraine progress as far as the July 1 final in

Asian shares rise as Spanish woes stoke stimulus hopes


Asian shares rose on Wednesday as concerns that Europe's financial strains could intensify following a warning from Spain that it was being shut out of credit markets fuelled hopes that policy makers

Gold on back foot as Spain woes pressure euro


Gold edged down on Wednesday as investors continued to fret about the eurozone debt crisis with Spain's borrowing costs spiralling towards unsustainable levels, keeping the euro close to its lowest le

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.