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Spanish, Italian politics jolt euro zone stock markets as peripheral banks tumble


MILAN/LONDON Euro zone shares hit a roadbump on Friday as heightened risk of a snap election in Spain piled new political anxiety on investors already shaken by the new Italian government's plans to ramp up fiscal spending.


Spain's PM Rajoy under growing threat over party graft case 25 May 2018

MADRID Spain's Prime Minister Mariano Rajoy was threatened with no-confidence motions and demands for a snap election on Friday over a graft trial involving members of his party in which a judge cast doubt on his testimony.


Spanish, Italian politics rattle bond and stock markets 25 May 2018

LONDON Borrowing costs in southern Europe shot up on Friday and stock markets in Milan and Madrid fell as threatened no-confidence motions against Spain's prime minister exacerbated a sell-off provoked by growing political risk in Italy.


German prosecutors want to extradite former Catalan leader 22 May 2018

BERLIN German prosecutors said on Tuesday they were preparing an application to extradite former Catalan leader Carles Puigdemont to Spain on charges linked to his role in the campaign for the region's independence.


Gay man says pope told him - 'God made you this way': paper 21 May 2018

MADRID A Chilean man who suffered clerical sexual abuse has said Pope Francis told him in a private conversation that God had made him gay and loved him that way, according to the Spanish newspaper El Pais.


Spain acts to maintain direct rule on Catalonia 21 May 2018

MADRID Spain acted to maintain direct rule on Catalonia on Monday after the government objected to the choice of councillors by fervent separatist leader Quim Torra who has vowed to recreate the administration fired by Madrid for declaring independence.


Leader of Spain's Podemos to face party vote on 600,000 euro house purchase 21 May 2018

MADRID Members of Spanish left-wing party Podemos, born from anti-austerity protests during the financial crisis, will submit its leadership to a confidence vote after the party leader bought a house for over 600,000 euros (525,336 pounds) near Madrid.


Spain to maintain control of Catalonia - El Pais 20 May 2018

MADRID Spain's Prime Minister Mariano Rajoy plans to maintain central government control over Catalonia after the regional leader nominated imprisoned and exiled politicians to join his cabinet, El Pais said on Sunday.


Remains of Spanish dictatorship's victims handed to families, 80 years on 19 May 2018

GUADALAJARA, Spain The remains of 22 people killed in the months following Spain's 1936-39 civil war were handed over to relatives in a ceremony in Guadalajara on Saturday after investigations into a suspected mass grave unearthed the victims.

U.N. experts call on Spain to halt extraditions to China 19 May 2018

MADRID Human rights experts from the United Nations called on Spain on Friday to halt extraditions of Chinese and Taiwanese nationals to China because of concerns they would be exposed to the risk of torture, ill treatment or the death penalty.


France, Germany work on roadmap on future of euro zone - Le Maire

BRUSSELS France and Germany are working to define a common roadmap on the future of the euro zone and its banking reforms to be presented at the meeting of European Union leaders in June, the French Finance Minister said on Friday.