Mariano Rajoy, president of Spain, discusses Spanish foreign policy and the current state of U.S.-Spain relations.

Mariano Rajoy, president of Spain, discusses Spanish foreign policy and the current state of U.S.-Spain relations.

Mariano Rajoy, president of Spain, discusses Spanish foreign policy and the current state of U.S.-Spain relations.

"Spain used to be the poster child for the benefits of the European project. It now risks becoming a symbol of everything that has gone wrong," writes Gideon Rachman.

Sebastian Mallaby argues that Spain is unlikely to get control of its debt dynamics without more aggressive action from European leaders.

As the center of the eurozone debt crisis shifts to Spain, it could signify a potentially decisive phase in the EU's management of the crisis, says economist Megan Greene.

Sebastian Mallaby examines the Spanish experience with countercyclical capital buffers to argue that even the most innovative banking regulations will never take taxpayers completely off the hook when banks go bust.

Willem Buiter discussed the current and future challenges of the Eurozone, including the sovereign solvency crisis and the possible restructuring of current sovereigns, Spain's current debt situation, the role of the European Central Bank, and the possible exit of Greeze from the Eurozone.

The ECB and EFSF could do what the ECB alone cannot, writes George Soros.

A profile of ETA, a terrorist separatist group operating in the Basque regions of Spain and France.

Fallout from a deadly bombing by the Basque separatist group ETA shattered prospects of a permanent peace promoted by Spain’s government. It also shows the gamble governments take when entering into talks with terrorist groups.

United States Institute of Peace reports on prospects for peaceful settlement of the Basque separatist issue.

A ceasefire called by the Basque separatist terrorist group ETA took effect Friday in Spain, but the Spanish government is determined to test its resilience before moving toward negotiations.

In a move reminiscent of the start of Northern Ireland's peace process a decade ago, the terrorist group ETA, fighting a campaign to separate the Basque region from Spanish control, announced an unconditional, permanent ceasefire effective March 24.