Postcard from... Madrid
The bad news for the economy continued this week when the property company Reyal Urbis declared itself insolvent, becoming the second-biggest Spanish company to do so since the recession began. Now Miss Spain – or strictly speaking, the organising company behind the country’s biggest beauty competition, Certamen Miss España SL – has gone bust.
Racked by 26 per cent unemployment and a seemingly interminable recession, Spain has seen the latest development as a symbol of the country’s wider troubles. It may be frivolous, but the annual competition, first held in 1929, is hugely popular.
Miss Spain already had an uphill fight on its hands after losing national TV coverage in 2008 after 17 years.
Then the 2011 winner, Andrea Huisgen of Catalonia, above, was obliged to use her own contacts to make it to the Miss Universe contest after the Spanish organiser lost the licensing rights to take part.
The competition’s image had been somewhat tarnished after the 2007 Miss Spain, Angela Bustillo from Cantabria, was stripped of her title when it emerged that – against the old-fashioned rules – she was the mother of a three-year-old. The ex-Miss promptly took the company to court on discrimination grounds, finally forcing a rule-change to allow mothers and pregnant women to take part.
The organisers can take some scant comfort from the fact that they are hardly alone in their plight. In 2012 a record 7,988 companies filed for bankruptcy in Spain, up 32 per cent from 2011 and affecting 70,377 employees.
- 1 Pope Francis issues top 10 tips for happiness
- 2 Disney heiress Abigail disowns her share of family profits in West Bank company
- 3 The secret report that helps Israel hide facts
- 5 Israel's propaganda machine is finally starting to misfire
Russell Brand accuses Sean Hannity of terrorism after aggressive Israel-Gaza debate
Pope Francis issues top 10 tips for happiness
Justin Bieber posts Instagram photo of a crying Orlando Bloom after Ibiza fight 'over Miranda Kerr'
Disney heiress Abigail disowns her share of family profits in West Bank company
Air Algerie AH5017 crash: Jet fell 30,000 feet in three minutes ‘due to violent storm’
The secret report that helps Israel hide facts
Land for gas: Merkel and Putin discussed secret deal could end Ukraine crisis
Woman and two children killed by mob in riots over 'blasphemous' Facebook post in Pakistan
Richard Dawkins tweets: 'Date rape is bad, stranger rape is worse'
Putin is 'thuggish, dishonest and reckless', says British ambassador to US
Boozy, ignorant, intolerant, but very polite – Britain as others see us
- < Previous
- Next >
Excellent Salary: Austen Lloyd: KENT MARKET TOWN - An exciting new role has ar...
£180 - £250 per day + competitive: Orgtel: Financial Accountants - Key Banking...
£200 - £500 per day + competitive: Orgtel: I am currently working on a large p...
£18000 - £25000 per annum + Commission: SThree: Computer Futures are currently...