el mundo (spain)

El Mundo is the second largest newspaper in Spain, with a circulation of 300,297 copies (2002). It first appeared on October 23, 1989, founded by Alfonso de Salas, Pedro J. Ramrez, Balbino Fraga and Juan Gonzlez. It has its seat in Madrid, but different editings are printed in national territories as Andalusia, Valencia, Castile, Leon, Balearic Islands, Bilbao, etc. El Mundo has been essential in discovering several scandals shocking all of Spain. Among them was the embezzlement of the Guardia Civil commander, Luis Roldn, and the governor of the Central Bank of Spain, Mariano Rubio, who was accused of insider trading and tax fraud. El Mundo also gave publicity to connections between the terrorist Grupos Antiterroristas de Liberacin (GAL) and the socialist administration of Felipe Gonzlez, a news story that contributed to the defeat of the Spanish Socialist Workers' Party in the 1996 elections.

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