Eta campaign to target foreign investors

Eta Basque separatists announced their annual summer campaign with a new twist yesterday, threatening to scare off international investors in the Spanish economy.

The organisation warned that multinational companies in Spain were in the line of fire "to discourage or hinder foreign investments in Spain". It said it planned "firm and systematic armed campaigns" to cause "real damage" to the Spanish economy. The homes and leisure haunts of "rich oligarchs, bankers and economic leaders" would be subject to armed attacks, Eta said in its internal bulletin Zutabe.

Police defused a bomb in a packed tourist hotel at Spain's Pamplona festival yesterday after a tip-off by phone reportedly by Eta, the Navarre regional government said. The 4kg device was found in the Maisonnave hotel in the town, full of tourists for the annual bull-running festival.

Attacks on tourist targets, the most important sector of Spain's economy, would continue, Eta said.