Michel Bonnefous, the President of the organization behind the Americas Cup, yesterday stated that he was delighted with the works in progress in Valencia Port and added that Valencia would once again be the setting for the Americas Cup races in 2009 if Alinghi carries off the Americas Cup next year.
He also stated that in his opinion, Valencia was the "most ideal setting" in which to stage the Americas Cup Races.
He made this announcement after signing a sponsorship agreement with Coca-Cola under which some 300 million cups will carry the Coca Cola logo during the Americas Cup races and pre-regattas.
TWO of Spain's largest high-street banks are reported to be in merger talks, potentially resulting in the joint entity being the second-biggest in the country in terms of share capital.
THE average Spanish resident will spend between €500 and €1,500 on their holidays this year, with three in 10 set to increase their budget from last year and 16% reducing it.
SPAIN'S State post office has launched a new solution for passing travellers who do not want to lug their suitcases around: Lockers for bags are now provided, with prices depending upon weight.
