Archives for May 2010

May 31st, 2010

National Police have arrested five people who are allegedly responsible for a massive loan scam that deceived over 80 Spanish businessmen. The arrests have taken place in Barcelona, Madrid, Valencia and Granada. According to a statement made by the General Directorate of Police today,

Continue reading 80 Spanish Businessmen Deceived in Loan Scam

May 31st, 2010

The Spanish driver Fernando Alonso (Ferrari) could only finish in eighth place in the Turkish Grand Prix yesterday, one position behind teammate Felipe Massa, after a disappointing weekend for his Ferrari team in the seventh round of F1 World Championships. The race itself turned out to be a controversial battle

Continue reading Disappointment for Alonso While Red Bull Self Destruct

May 31st, 2010

The Spanish parliament has backed a 15bn-euro ($18.4bn; £13bn) austerity package by one vote as the country strives to cut its budget deficit. The vote saw 169 in favour of the Socialist government's austerity plan and 168 against, with 13 abstentions. Spain announced the austerity package earlier this month. It includes wage ...

Continue reading €15 Billion Austerity Plan Approved for Spain

May 29th, 2010

Lleida City Council has become the first Spanish city to comprehensively ban burqa and niqab veils in public facilities. Faced with great anticipation from the media, the Leida council adopted the proposal at 12:38 hours with 23 votes in favour from the CiU (Convergence and Union party), the PSC (Socialists' ...

Continue reading Leida Bans the Wearing of Full Veils

May 28th, 2010

A European Commission spokesman today expressed "satisfaction" from the EU executive after the approval of the Spanish Government’s financial adjustment plan in the Congress of Deputies yesterday. "Our impression is that

Continue reading European Commision: Spain’s Finances are Back on Track

May 28th, 2010

The iPad has finally gone on sale in Spain. Initially expected around one month ago, but delayed due the incredible popularity of the unit in the USA, demand is also exceeding all expectations in Spain. For those still considering a purchase, the advice from all the main Spanish distributors is ...

Continue reading The iPad: A Spectacular Success in Spain

May 28th, 2010

Spain reigns supreme as the most popular holiday destination for the British. Most of us who have been there think we know the country. But, in truth, we probably know only its Mediterranean holiday coast - the costas with their concrete hotel strips, clubs, bars and cafes that serve all-day, ...

Continue reading Discover Spectacular Green Spain

May 27th, 2010

La Caixa, Telefonica and Visa launched the first Spanish mobile payment system in Sitges today, it involves 1,500 people and half a thousand shops and restaurants. With this new system, made possible by incorporating near field communication (NFC) technology in certain phones, payment is made by simply moving the phone ...

Continue reading First Trials of Payment by Mobile Phone in Spain

May 27th, 2010

Florentino Perez, president of Real Madrid football club, has officially confirmed the acquisition of Jose Mourinho as new manager his team, and the dismissal of current boss, Manuel Pellegrini. "The Board has agreed to end the role of Pellegrini and hire Mourinho, after his contract obligations have been resolved with ...

Continue reading Real Madrid Confirm Mourinho as New Manager

May 27th, 2010

Three Spanish regional savings banks, led by Caja de Ahorros de Mediterraneo said on Monday they have reached a preliminary agreement to merge some of their operations. The agreement, which also includes Cajastur, Caja de Extremadura and Caja Cantabria, would aim to create a joint banking group that seeks to "strengthen ...

Continue reading Spanish Banks Agree Merger to Strengthen Solvency

May 26th, 2010

According to the Mercer 2010 Quality of Living Survey, which covers 221 cities around the world, Madrid and Barcelona are the highest rated Spanish cities, both of which rank among the 50 best cities in the world to live, occupying positions 48 and 42, respectively. Vienna is rated as the city ...

Continue reading Barcelona: Highest Quality of Living in Spain

May 26th, 2010

The Road Safety Law reform that comes into force on Tuesday May 25th introduces new traffic fines: 100 euros for a minor offence, 200 for a serious offence and 500 for a very serious offence. The new regulations reduce the number of traffic infractions that affect licence points to 20, ...

Continue reading New On-the-Spot Traffic Fines Planned

May 25th, 2010

A bank specialising in foreign mortgages is getting behind a plan to clear up Spain’s glut of unsold homes. Solbank, part of the country’s fourth biggest bank Banco Sabadell, has agreed to provide mortgages for all properties for sale through the Spanish Homes Network – an initiative from a Spanish business ...

Continue reading Bank Agrees Plan to Clear Unsold Spanish Properties

May 24th, 2010

After a clean sweep at Jerez, Spanish riders had another sensational day in the Grand Prix of France at the Le Mans racetrack yesterday. Jorge Lorenzo (Yamaha) in MotoGP, Toni Elias (Moriwaki) in Moto2 and Pol Espargaro (Derbi) in 125cc, won each of their races and contributed to a total ...

Continue reading Le Mans Turns Spanish in Lorenzo’s Popcorn Hour

May 24th, 2010

According to government figures, the average passenger car circulating in Spain has an age of 9.6 years, while commercial vehicles used for transporting goods have an average age of 10.06 years. These figures were provided to the Popular Party spokesman

Continue reading Ageing Vehicles on Spanish Roads Pose a Real Danger