Carlos Dívar, the president of Spain’s Supreme Court, finally resigned on June 21 after allegations last month that he used public money to pay for up to 32 private trips to Marbella and other destinations. But the 70-year-old has refused to accept the misconduct accusations, simply telling the 20 members of the General Council of the Judiciary (CGPJ), the judicial oversight board of which he was appointed president in 2008 — and from which he will also be standing down — that he was “unaware of any wrongdoing”, acknowledging instead that the situation had become “unbearable”. Fellow judge José Manuel Gómez Benítez accused Divar on May 8 of spending €5,000 from his expenses account on … [Read more...] about Payback time for Spain’s top judge Carlos Dívar
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A turbulent history of Madrid’s towers of crisis
With the Spanish government accepting an EU bailout offer of up to €100 billion to recapitalize its ailing banking system, images of the country’s major financial institutions have been flashed repeatedly across global news reports. Perhaps the most displayed image has been that of the headquarters of Realia and troubled bank Bankia: a pair of towers that lean dramatically over the Paseo de la Castellana, a major Madrid thoroughfare. The Puerta de Europa towers were designed by the American firm of Johnson/Burgee Architects. Philip Johnson (1906-2005) had been an early proponent of the International Style, introducing Americans to European architects such as Mies van der Rohe and Le … [Read more...] about A turbulent history of Madrid’s towers of crisis
Bailout? What bailout?
“It’s not a bailout…it’s a credit line with very favourable conditions.” (Luis de Guindos.) “It’s a victory for the euro…If we hadn’t done what we have done in the past five months, the result would have been a bailout of the kingdom of Spain.” (Mariano Rajoy.) You’d hardly imagine, from listening to Spain’s prime minister and his economy minister, that the country has joined the list of nations that are receiving rescue packages from the European Union. Offering up to €100 billion for a banking sector crippled by toxic assets is clearly a major step for the EU, although whether it’s the “victory” Mariano Rajoy talks about is still uncertain. One thing the EU’s fourth bailout has … [Read more...] about Bailout? What bailout?
Profile: Luis de Guindos, the man behind Spain’s bank bailout
The story goes that right up to the day Prime Minister Mariano Rajoy appointed him economy minister, Luis de Guindos was unaware that he was to be landed with the job of repeating for six months that Spain didn’t need a bailout before eventually taking part in the “victory”— as described by Prime Minister Mariano Rajoy — of accepting the European Union’s offer of up to €100 billion to keep Spain’s banks afloat for a little longer. Until last December, the 52-year-old De Guindos led a quiet life, mainly employed as the director of the PwC Centre for Finance at Madrid’s IE Business School, while enjoying the benefits of sitting on the boards of several companies, among them Endesa … [Read more...] about Profile: Luis de Guindos, the man behind Spain’s bank bailout
Rosales paints a masterpiece of family grief
Fresh from its premier in the Directors’ Fortnight sidebar at this year’s rain-soaked Cannes, Sueño y silencio was originally going to be a very different film. Or rather, a very traditional one. Catalan filmmaker Jaime Rosales planned to shoot in colour, with professional actors and a conventional script. But as he prepared the film, all that fell away, leaving us with grungy, grainy black and white, non-actors, no script and a series of fragmentary scenes that sketch out, with aching and rare authenticity, a family in terrible crisis. Oriol, an architect, and his wife Yolanda, a Spanish teacher, live in Paris with their two daughters. Their lives are comfortable and unremarkable. In … [Read more...] about Rosales paints a masterpiece of family grief
Poland & Ukraine 2012 will advance the cause of extremism in Europe
The recently aired BBC documentary, ‘Euro 2012: Stadiums of Hate’ has sparked debate in Britain and elsewhere around the world regarding the safety of fans and players at the upcoming European Championships as well as the broader issue of whether Poland, and particularly Ukraine, should even be hosting Europe’s biggest sporting event at all. The documentary, part of the BBC’s Panorama series, captured chilling scenes of violence, anti-Semitism and racism at football stadiums in the host nations and served to highlight this distinctly seamy aspect of football culture in Eastern Europe. A criticism that has been made of the documentary in certain quarters is that it presents an excessively … [Read more...] about Poland & Ukraine 2012 will advance the cause of extremism in Europe
Portugal’s spy who came in from the cold
Jorge Silva Carvalho is a Portuguese former spy who was in charge of the country’s external intelligence services from 2008 until 2011. Well-connected and ambitious, Carvalho had dreamed of one day being appointed interior minister. But instead he was seduced, in 2011, by a better job: internal “agent” at a private company, Ongoing, a media outlet run by Nuno Vasconcelos with Angolan capital. But the former spy is now in the eye of the hurricane, after public prosecutors charged him with abusing his position, corruption and violating state secrets. According to those charges, Carvalho, after signing a lucrative contract with Ongoing, used his connections within the Portuguese secret … [Read more...] about Portugal’s spy who came in from the cold
How an historic sea booty slipped through Odyssey’s fingers
With the “Mercedes” treasure safe in Spain, the five-year legal battle over an estimated 594,000 silver and gold coins recovered from a 19th-century shipwreck finally came to a close earlier this month. Not only was it a costly public dispute for all parties engaged, but it involved a canny behind-the-scenes ruse blending greed, deceit, political intrigue and even mutiny within Odyssey Marine Exploration, which eventually saw all the half-million historic minted pieces plucked from its hands after losing one court battle after another. The Tampa-based underwater salvager fought hard to keep the trove, but to no avail. On May 14, the US Supreme Court rejected Odyssey’s final appeal in the … [Read more...] about How an historic sea booty slipped through Odyssey’s fingers
Rajoy’s labyrinth
When looking back on the first five months of Spanish Prime Minister Mariano Rajoy’s government, it’s hard to recall many striking images of the man. That’s probably because he is so studiously media-shy, giving as few press conferences as he possibly can, and leaving most major policy announcements to his number two, Soraya Sáenz de Santamaría. But while Rajoy has been typically low-key during his opening spell in office, events have not and a couple of moments from those rollercoaster first months do stick in the mind, telling us apparently contradictory things about the man. One is his comment to his Finnish counterpart, Jyrki Katainen, back in January, that the labour reform he was … [Read more...] about Rajoy’s labyrinth
Throwing a light on Western Sahara’s tragedy
There is a moment in Alonso Longoria's Los hijos de las nubes (or Sons of the Clouds) that sums up the situation of Western Sahara in all its tragedy and absurdity. It is when, after a five-hour wait, first-time director Longoria and his collaborators (that include Oscar-winning actor Javier Bardem) finally get an audience with a representative of the Algerian government. Once the man is informed that the interview concerns his country's role in the conflict over Western Sahara, his evasiveness is almost comical: “How long will this take? No, no... sorry,” he says, “I've got a meeting on the other side of town and there's a lot of traffic.” Cut to a later shot of Bardem who simply … [Read more...] about Throwing a light on Western Sahara’s tragedy