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...“The key to the system’s success is transferability,” says Juan Salgado, chancellor of the City Colleges....
...Life as an exile was a shock for Mr Salgado, who had grown up in the beachside resort of Estoril and counted the exiled royals King Umberto II of Italy and Juan Carlos of Spain as family friends....
...“It was very easy to get a job,” Mr Salgado says. “Now they realise that things are different – but they don’t have the suitable skills.”...
...Before naming his cabinet, which included José Manuel García Margallo, a conservative Popular party veteran, as foreign minister, Mr Rajoy was sworn in by King Juan Carlos as the sixth prime minister of...
...Banco de Valencia, a listed bank, might also need a bail-out, according to Elena Salgado, the Spanish finance minister....
...Elena Salgado, finance minister, said last week she was sure Frob would need less than €30bn....
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