EU eyes 200 bln euro growth plan

The European Union is working on a plan to pump 200 billion euros ($265.19 billion) in investment into infrastructure, green energy and high technology, Spanish daily El Pais said on Sunday, quoting

Spain in recession as austerity bites

Spain's economy slipped into recession in the first quarter, data showed on Monday, with deep government spending cuts to reduce a massive public deficit and troubles in the banking sector likely to