Spain will not be next in line for a bailout, the country’s finance minister said today after Portugal became the third eurozone country to seek outside help.

Spain’s parliament passed an austerity budget for 2011 by a razor-thin margin, saving embattled prime minister Jose Luis Rodriguez Zapatero his job.

Spain’s Parliament passed an austerity budget for 2011 by a razor-thin margin today, saving embattled prime minister Jose Luis Rodriguez Zapatero his job.

Spain's Finance Minister has said the country will not be seeking an EU-IMF bailout.

Political Correspondent Conor Ryan selects some of the best quotes in a week of political strife

Taoiseach Brian Cowen tonight flatly denied Ireland has approached Europe for emergency funds.

Leading eurozone countries today moved to calm nerves over a possible European Union bailout of Ireland.

Fitch Ratings has cut Spain’s credit rating, saying its government’s efforts to reduce debt would weigh down economic growth.

The Spanish government defiantly ruled out calling early elections today despite having almost no parliamentary support for spending cuts designed to combat the country’s debt crisis.

THE European Union’s €750 billion support package announced yesterday has prompted strong growth in the value of the euro and in European shares but also prompted warnings that the market’s fears were merely allayed rather than dead.

Spain has agreed to make deeper spending cuts to reduce its large deficit and calm markets worried it could be in line for a debt crisis like that of Greece, officials said today.

Finance ministers from the 16 eurozone nations today signed off on a joint rescue plan for Greece with the International Monetary Fund that amounts to €110bn over three years.

Spain's jobless rate has exceeded 20% for the first time in more than 10 years, the country's government said today.

European stock markets have fallen, led by concerns over debt-ridden Greece and Portugal and whether their governments will be able to push through unpopular austerity programs to tame their ballooning deficits.

Madrid: Spanish Finance Minister Elena Salgado presents her plan for slashing the budget deficit by two-thirds, seeking to avoid the punishment investors have meted out to Greece.

Dr Lee Jong-wook, head of the World Health Organisation, has died after emergency surgery for a blood clot in his brain over the weekend, officials in Geneva said today.

Spain hopes to follow up a new law which seriously curtails smoking with one against alcohol, Health Minister Elena Salgado said today.

In a dramatic shift from traditional policy, the Catholic Church in Spain has said it supports the use of condoms to prevent the spread of Aids.