Archives for January 2010
January 29th, 2010Britons piled into Spanish property and got burnt. The Germans bided their time. Now they’re starting to come back, should we follow? We may fancy ourselves as a nation of hot shot property investors, but are we really any good at investing abroad? Not if our record in Spain is anything ...
Continue reading Learning from German Property Buyers in Spain
January 28th, 2010Ferrari unveiled their new car this morning, the F10, with which Fernando Alonso and Felipe Massa will compete to win the 2010 FIA Formula One world Championship, starting on March the 14th in Bahrain. Ferrari has high hopes
Continue reading Ferrari Unveil New F1 Car For 2010
January 28th, 2010The European Commission has today called on Spain to amend its tax legislation rules that require individuals and entities not resident in the country to appoint a tax representative within the Spanish territory. Brussels believes that certain requirements of the Spanish
Continue reading EU: “Spanish Tax System Violates European Rules”
January 28th, 2010Last night in Premia de Dalt, Barcelona, local police arrested a man who had driven for 26 kilometres in the wrong direction on the C-35, between Vidreres and Llagostera, with an alcohol level three times that
Continue reading Arrested For Driving 26km The Wrong Way
January 28th, 2010The number of Brits buying euros for property purchases has increased in the last few days after sterling reached a rate of €1.15 for the first time since August 2008. Foreign currency brokers have seen a 40% increase in clients buying euros, while new enquiries have shot up by 24%. “A number ...
Continue reading Brits Buy As Pound Gains Against Euro
January 27th, 2010A farmer from Castril in Granada has been sentenced to 18 months in prison for the poisoning of a female osprey; the osprey was released in 2007 under the Andalucian Ministry of Environment's Reintroduction Program. The ruling was accepted by all parties, and
Continue reading Suspended Sentence For Poisoning Osprey
January 27th, 2010According to the Ministry of Labour, a total of 765 workers died in workplace accidents last year (from January to November 2009), which is 219 less than the same period in 2008 (-22.2%). Of this amount, 586 workers died while on their jobs, 21.2% lower than the same period in
Continue reading Accidents And Deaths In The Spanish Workplace
January 27th, 2010The European Commission has given the green light to government funding of the Spanish movie industry, which is to be granted 576 million euros until the 31st of December 2015, and which includes measures to support the production and distribution of Spanish based
Continue reading Spanish Movie Industry Aid Approved
January 27th, 2010The chairman of BBVA, Francisco González, said today that the Spanish economy is already growing in comparison with the last quarter of 2009, which means that Spain is soon to emerge from recession after six consecutive quarters where there has been a decrease in
Continue reading Chairman Of BBVA: “The Spanish Economy Is Growing”
January 27th, 2010According to data released today by the National Statistics Institute (INE), the number of home mortgages issued during November 2009 was 52,043, representing a growth of 1.8 percent over the same month in 2008 and the first recorded rise since April 2007. The volume of loan capital amounted to 6010.5 million, ...
Continue reading New Mortgages Rise For First Time in 18 Months
January 27th, 2010UK inflation lively but public sector borrowing and retail sales disappoint. Euro coasts, uninspired and unhindered by the data. It was a reasonably good week for sterling but it could have been better. From €1.1350 it had added two cents by Wednesday but the following two days were less than helpful. ...
Continue reading Sterling Let Down By The Data
January 27th, 2010New build property prices are going to carry on falling this year, at least as much as last year’s 6% decline, say the top management of Sociedad de Tasación, one of Spain’s leading appraisal companies. According to José Luis Estevas-Guilmain and Juan Fernández-Aceytuno, president and managing director respectively of Sociedad de ...
Continue reading New Property Prices to Continue Falling
January 26th, 2010According to data released today by the National Statistics Institute (INE), the number of home mortgages issued during November 2009 was 52,043, representing a growth of 1.8 percent over the same month in 2008 and the first
Continue reading Issued Mortgages Rise For First Time In 18 Months
January 26th, 2010Ascó City Council today voted to approve its candidature to host Spain's new centralised temporary storage (ATC), a facility that will house nuclear waste in Spain. However, the current President of the Generalitat
Continue reading Ascó: We Want To Store Nuclear Waste
January 26th, 2010A right knee injury has forced Rafael Nadal to withdraw from his quarter-final clash with Andy Murray in the Australia Open, he retired while trailing 6-3, 7-6, 3-0. It was after two hours
Continue reading Murray Through As Nadal Retires Injured