This is based on a blog from Google date Dec 11 of last year.
http://googlepolicyeurope.blogspot.com/2014/12/an-update-on-google-news-in-spain.html
In essence, it SAYS  a Spanish news tax will shut down the Google news office in Spain. Google will no longer index and list any news published first in Spain.
If other countries shod adopt this practices, it WOULD mike the internet less useful for keeping  up to date on world developments.

Therefore, any Spanish companies that wish to get themselves promoted over the Internet will have to get newspapers outside of Spain to publish their PR. A number of Spanish companions are in the the Hi-TECH industries and this new law may harm them.

CBS news covered this story earlier.
http://www.cbsnews.com/news/google-shutting-down-google-news-in-spain/
Quote

Google last year agreed to help French news organizations increase their online advertising revenue and fund digital publishing innovations to settle a dispute over whether the company should pay for news content in its search results.
Google also had to respond to a ruling this year from Europe's highest COURT, which decided that people have a right to scrub unflattering or outdated information from Google's search engine. That case started in Spain

The CH News Editor position is still open...

In case you weren't aware Google is not the sole search engine in the Universe...