Archives for June 2010

June 30th, 2010

There was success for Spain last night, as the Spanish national football team beat Portugal 1-0 in the second round of the 2010 World Cup. The match had a TV audience of more than 13 million viewers, being shown to viewers on Telecinco, Canal Plus and C+Liga. The free to air ...

Continue reading 20m Viewers Watch Spain Canter to World Cup Quarter Finals

June 30th, 2010

In a survey by webtools, social networking site Tuenti is leading the way from Facebook with 74% of young Spaniards, between the ages of 16 and 21, having an account with the social network. And, of this age group, more than half are using the service for at least 83 ...

Continue reading Tuenti Tops Facebook with Spanish Youths

June 30th, 2010

The Royal Automobile Club of Cataluña (RACC) has revealed that Spain is at the forefront in Europe with regards to reducing the number of deaths caused by traffic accidents. Deaths on Spanish roads have been reduced by nearly 53%, against a European average of 40.1% and Miquel Nadal, director of ...

Continue reading Spanish Roads: Safer than Ever

June 30th, 2010

Treasury inspectors are probing some 3,000 accounts held by Spaniards at HSBC bank in Switzerland for possible tax fraud, the finance minister said Thursday — accounts that media reports said could involve more than euro6 billion ($7.36 billion). Finance Minister Elena Salgado said the owners of the accounts had been notified ...

Continue reading Spain Probes Swiss Bank Accounts in Tax Fraud Crackdown

June 29th, 2010

All sports fans in Spain are looking forward to tonight's second round World Cup football match between Spain and Portugal. It is exactly two years ago to the day that Spain achieved their greatest success to date by lifting the European Championship and the team will be hoping to relive ...

Continue reading Iberian Battle: Spain vs Portugal Tonight

June 29th, 2010

The Spanish government has refuted reports that it will seek to dip into the EU/IMF's €750 billion emergency fund. However there remain calls for greater disclosure of Spain’s financial difficulties. According to Raj Badiani, IHS Global Insight economist “the country's unlisted regional savings banks need to come clean about property debt-related ...

Continue reading Greater Financial Disclosure Called for Spain

June 28th, 2010

According to data published today by the National Statistics Institute, the number of mortgages issued in April has fallen by 4.3% compared to the same month last year, the drop being attributed primarily to a 31.6% fall in the number of mortgages issued for rural property, compared to a 2.4% ...

Continue reading April Mortgage Figures for Spain Released

June 28th, 2010

A 9 year old boy has been charged with a road traffic safety offence after being caught by police officers driving a quad bike on the NA-134, the main road between Tudela and the villages of Ribera del Ebro with Logroña in Navarra. A police patrol that had been posted ...

Continue reading 9 Year Old Charged with Driving Without a Licence

June 28th, 2010

According to Eurostat, the prices of tobacco and alcoholic drinks in Spain during 2009 were one of the lowest in the European Union. Taking the average price of alcohol in the European Union as 100 percent, the price of alcohol in Spain was 84 percent, the same as Hungary and ...

Continue reading Low Tobacco and Alcohol Prices in Spain

June 28th, 2010

Following the prediction in last week’s OPP newsletter (from Crest Group International CEO Ian Waudby) that Spanish house prices are bottoming, June data from the College of Registrars showed a 7.04% increase for Q1 2010 over the same period in 2009, and a 16.28% increase from the final quarter of ...

Continue reading Spanish Property Sales Reach 18-Month High

June 25th, 2010

Football, Motorcycling and Motor Racing offer the chance for glory or pain for Spain this weekend. For the second consecutive weekend, Jorge Lorenzo has taken pole position in the MotoGP qualifying session. The Spaniard was over a quarter of a second faster than second place, Randy De Puniet, who is ...

Continue reading Spain Expects: “A Weekend of Sporting Possibilities”

June 25th, 2010

The incipient panic about Europe's debt crisis seems to have subsided into mere pessimism this week, with the euro rebounding and investors encouraged by political leaders' new willingness to take quick action to calm market fears. The big underlying issues haven't been erased: Spain is still dogged by speculation it may ...

Continue reading Markets Calmed as Budget Measures Pushed Forward

June 24th, 2010

The Government has decided to suspend the electricity price rise that was scheduled for July, a move that has been welcomed by the Consumers and Users Organisation (OCU), but that, in their view, also demonstrates that the cost of electricity "is not decided by any objective criteria, such as the ...

Continue reading Spanish Electricity Price Hike Turnaround

June 24th, 2010

The aircraft manufacturer Airbus has estimated that Spain will need 392 new aircraft over the next 20 years, which will require an investment of over 39 million euros - this is according to the group’s annual projections of Spanish airspace requirements that were presented by their vice president for consumers,

Continue reading Air Traffic in Spain Expected to Grow Substantially

June 24th, 2010

Twelve people were killed and another fourteen were injured after being struck by a train in Playa Castelldefels, Barcelona, late last night. The wounded, some in a critical condition, have been transferred to several nearby hospitals in the Barcelona province. The accident occurred at about 23:25 last night

Continue reading 12 Killed in Barcelona After Being Hit by Train