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Madonna co-hosts gala auction

Euro econ ministers, Spain, agree to bailout loan conditions

Brussels, 10 July (EFE).- Spain will have available before end of the month 30 billion euros, some 37 billion dollars, to address the most urgent needs of its financial institutions, according to an agreement between the cash-strapped nation and the Eurogroup finance ministers. The total amount of aid will be known in late September.

All 27 European nations are expected to extend by one year, until 2014, Spain's deadline for achieving a budget deficit of 3 percent.

www.efe.com

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World's smallest hotel?

At just 53 square metres - a hotel in Bavaria in southern Germany says it's the smallest in the world.

The "Eh'haeusl" or "marriage house" was built in 1728, when the space between two buildings was walled in and covered with a roof.

It was once passed around among local couples, who according to law needed to own property in order to get married.

Now open again after a recent refurbishment, the hotel often attracts honeymooners who pay 190 euros (around 300 US dollars) a night to stay.

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