Transportation minister Freddy Numberi and Maritime Affairs and Fisheries minister Fadel Muhammad will receive fishing training ship "Medidihang-03" from Spain`s Asturias Gondan Shipyard in the coming days.

According to sources, both the ministers will receive the ship when they will start their Spain tour starting from February 21-23.

Motorola Company has recently announced that is will launch Motorola Milestone in Spain at the end of March this year.

The announcement was made by the company in the Mobile World Congress in Spain. Moreover, the device will be available SIM-free starting from the end of March 2010, which means that they still have to look for a carrier partner.

In the meantime, no further information was provided by the company about the cost of the new device.

The second Turkey-Spain inter-government summit is all set to take place in the Spanish capital of Madrid.

According to the officials, summit is going to be a gesture by the present EU term president Spain as the nation will actally host summits with other nations in late June.

Moreover, Turkish PM Recep Tayyip Erdogan will take part in the Madrid summit along with 10 other ministers.

In the meantime, both Turkey and Spain will ink two cooperation deals on health and diplomacy.

With rising demand for stainless steel a continued intensity of commodities stainless steel costs look ready to go up in the European markets.

According to some reports, Nickel close to the $20,000 per tonne mark and Molybdenum costs showing increases the numbers declared last week by the leading European mills it would be shocked if the prices are not increased.

In the mean time, there are rumors coming from the leading mills that base increases are likely to hike for new deliveries from the month of April and declaration could be made as soon as the 1st of March.

Peugeot Citroen in Spain recalled more than 2,000 cars accelerator pedal. According to sources, the recall is quite similar to that noticed by Toyota for eight models of its brand including the Aygo city.

The models include Peugeot 107 and Citroen C1, which is said to have some problem with its accelerator pedal. Moreover, the company has also announced that it will do a free update.

According to the statement issued by the car makers’ association ANFAC, the country’s car sales for the month of January increased by 18.1% as compared to the same period of 2009, but will decrease in the second half of this year as Spanish government subsidies fade away.

Moreover, the hike in car sales comes after a rise of 25.1% in the month of December and 37.3% in the month of November. Car sales decreased 17.9% in last year to 952,772 vehicles.

While talking to reporters, the Minister of Health and Social Policy, Trinidad Jimenez announced that the government would not lift the tobacco ban in the country as some leader of the Popular Party proposed.

Moreover, the minister told media that his department is working to study the consequences of using tobacco, resulting around 55,000 deaths every year and between 1,500 and 3,000 indirectly and to secure the health of others, with a smoke-free environment.

According to sources, the 14th edition of MITM Euromed, Meeting and Incentive Travel Market, is all set to take place in the Spain’s Costa Brava resort city of Lloret de Mar.

The meeting is scheduled to be held from June9-11 this year.

Moreover, MITM will be sponsored by Lloret de Mar-Costa Brava, Olympic Congress Center, as well as Evenis Hotels, while it will take place at the award winning “Olympic Congress Center.”

Banco Espanol de Credito (Banesto), said that it has recorded 95 per cent fall in its net profit for fourth quarter previous fiscal.

Banesto, Spain's fourth-biggest bank by market capitalization and managed by global giant Banco Santander, posted a net profit of only EUR6.2 million in the last three months of 2009, which is nowhere near to the net profit of EUR126 million in 2008. However, analysts had estimated EUR12.5 million net profits.

According to latest data revealed by Property-Abroad. com, Spain has gained popularity among the potential property. It has become the second most seek out destination for property investment.

Spain’s holiday villas have succeeded in attracting the attention of property buyers.

In its report Spanish property website, Kyero. com said that there was a 63 per cent rise in the number of unique visitors to website for the very first week of 2010 in contrast to same period last year.