bankrupt

bankruptcy

5,700 jobs in danger as fridge firm fights closure

Major Spanish electrical appliance maker Fagor, which employs 5,700 people worldwide, opened talks with its creditors on Wednesday to try to avoid bankruptcy.

bankrupt

Bankrupt TV game show owes winners thousands

Telemadrid TV show Cifras y Letras, the equivalent of the British game show Countdown, owes hundreds of thousands of euros to dozens of contestants who have won the competition in the past two years.

bankrupt

UK newspaper's 'Spain is bust' claim provokes fury

The Daily Telegraph's journalist Jeremy Warner has come under fire after his piece “Spain is insolvent: get your money out while you can” touched a nerve with Spain's general public and political commentators alike.

bankrupt

Spain's beauty contest goes bust

Organisers of the annual beauty contest Miss Spain have filed for bankruptcy in the midst of a deep recession, disrupting a competition that has reigned for more than 50 years.