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Ex-IMF chief Rato gets four-year jail term in Spain for tax crimes
Ex-IMF chief Rato gets four-year jail term in Spain for tax crimes
Economy
by  AFP

A Madrid court sentenced ex-IMF chief and Spanish economy minister Rodrigo Rato to more than four years in prison for tax crimes, money laundering and corruption, it said Friday. A second defendant, Domingo Plazas, was sentenced to 18 months in prison for money laundering and collaborating in two of Rato's tax offences.

Spain orders 25 more Eurofighter jets from Airbus
Spain orders 25 more Eurofighter jets from Airbus
Economy
by  AFP

Spain has ordered another 25 advanced Eurofighter jets from European aerospace giant Airbus in the NATO member's drive to modernise its air force, the defence ministry said on Friday. The order "secures the supply chain in Spain and across Europe", said Mike Schoellhorn, chief executive of Airbus Defence and Space.