Brussels approves Spain's 200-billion-euro bank guarantee

Brussels - The European Union's executive on Tuesday approved a Spanish state guarantee for inter-bank lending valued at up to 200 billion euros (280 billion dollars), officials confirmed.

Joint Spanish-Portuguese 2018 World bid suggested

Joint Spanish-Portuguese 2018 World bid suggestedMadrid - Angel Maria Villar, president of the Spanish football federation, said early on Tuesday that Spain should prepare a joint bid to stage the 2018 World Cup along with neighbours like Portugal.

Hugo Sanchez appointed coach of struggling Almeria

Madrid  - Struggling Spanish Liga club Almeria announced the appointment of Mexican Hugo Sanchez as coach, shortly before midnight Monday.

Sanchez takes over from Gonzalo Arconada, sacked on Sunday with the club fifth from bottom.

New signing Lssana Diarra presented to media by Real Madrid

Madrid - Spanish champions Real Madrid presented their latest signing, French international Lassana Diarra, to the media on Monday.

Real president Ramon Calderon described Diarra, 23, as "an exceptional player".

Sacyr to sell Itinere to Citi Fund for 7.9 billion euros

In order to cut its debt, Spanish construction company Sacyr Vallehermoso SA has agreed to sell highway operator, Itinere Infraestructuras SA, to a Citigroup Inc infrastructure fund for 7.9 billion