Archives for August 2010

August 31st, 2010

Spain's budget deficit narrowed 48% year-on-year in the first seven months of the year after the government's austerity measures started working. According to a statement released by the Economy Ministry, the deficit totaled € 25.77 billion, or 2.44% of the country's gross

Continue reading Budget Deficit in Spain Drops by 48%

August 31st, 2010

Given the impact of climatic extremes on agriculture and health in Spain, researchers at the University of Salamanca (USAL) have analysed the two factors most representative of these thermal extremes between 1950 and 2006 - warm days and cold nights. The results for mainland Spain show an increase in the

Continue reading Spain: Increase in Warmer Days Compared to Rest of World

August 31st, 2010

Spain's Telefonica plans to focus on developing new internet services and growing its business organically, after nearly a decade of aggressive acquisitions, its chief executive officer said late yesterday. "One of Telefonica's strategic priorities is to set up a global division to develop and implement new internet products and services,"

Continue reading Telefonica Changes Focus Away from Acquisitions

August 31st, 2010

Now, visitors to Kyero.com can find Spanish property bargains by searching for properties which have been discounted. When searching for properties, visitors can check the Discounted box to only show properties with a minimum discount of 10%. Properties can also be sorted to show the most heavily discounted ones first. All ...

Continue reading New Discounted Spanish Property Features

August 31st, 2010

Valencia has the weather, food and culture. Here are 10 good reasons to visit Spain’s third largest, most exciting and wonderfully diverse city. Paella The famous Spanish dish originated in Valencia and locals insist their recipe is best. Good paella must be cooked to order, be alarmed if it arrives in under ...

Continue reading Valencia – Spain's Third Largest City

August 31st, 2010

Our programmers pulled out all the stops, and I'm delighted to announce that our new discounted property features are now live. When searching for property, check the box that says Discounted. You'll find property results with a minimum discount of 10%. You can also sort them by the most ...

Continue reading Discounted Spanish Properties – Part 3

August 30th, 2010

As many as 24 Britons are being held by police after a major operation against drug traffickers in Ibiza. Officers from Spain's paramilitary police force targeted organised British gangs who were operating from houses on the Spanish island's west coast, in the holiday resort

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August 30th, 2010

Jose Mourinho made a poor start to his spell as Real Madrid coach yesterday, with a dull 0-0 draw away to well drilled Mallorca. Earlier on Sunday, Barcelona had kicked off their campaign to retain the Liga title with an emphatic 3-0 win away to Racing Santander, with handsome goals from ...

Continue reading Contrasting Start to League for Barcelona and Madrid

August 30th, 2010

Spain’s economic growth accelerated in the second quarter as consumers stepped up spending before a sales tax increase in July. House-hold spending grew 2 percent from a year earlier after a 0.3 percent contraction in the first quarter, the National Statistics Institute said in Madrid today in its breakdown of gross ...

Continue reading Spanish Economic Growth Up in Q2

August 27th, 2010

Following a long wait, Apple has at last scheduled grand openings for the first two Apple Stores in Spain. Launching on September 4th at 10AM is the La Maquinista outlet, situated in Barcelona. Normal operating hours are scheduled for 10AM to 10PM Monday through Saturday. The second store is opening

Continue reading Grand Opening of Spain’s First Apple Stores Announced

August 27th, 2010

Spain confirmed its recovery from recession on Thursday with a 0.2 percent growth in the second quarter, as released in official data today. The figure, which confirmed provisional data issued by the National Statistics Institute (INE) earlier this month, follows growth of 0.1 percent

Continue reading 2nd Quarter Results Continue Spanish Economic Growth Trend

August 27th, 2010

A group of Spaniards from the finance sector on Tuesday announced plans to launch the country’s first alternative trading platform for securities, to compete against the near-monopoly of Bolsas y Mercados Españoles (BME). Called Pave – for Plataforma Alternativa de Valores Españoles – the project is still in its early stages, ...

Continue reading Spain to Launch Alternative Trading Facility

August 26th, 2010

The two Spanish aid workers that were freed by Al-Qaeda's North African offshoot on Tuesday are reported to have been released after payment of a ransom of millions of euros. The Spanish government expressed delight at the release of Albert Vilalta, 35, and Roque Pascual, 50

Continue reading Hostages Freed After Government Allegedly Pays €7m Ransom

August 26th, 2010

The British holiday maker’s flirtation with the ‘staycation’ appears to be over with holidays to Spain enjoying a late upsurge in popularity. Britons had been staying at home as the recession led to a rise in summer holiday belt-tightening. But it appears the wash-out summer we've experienced this year and the strengthening ...

Continue reading Staycations Over as Tourists Flock Back to the Costas

August 25th, 2010

Spain's government says the nation's tourist arrivals rose by 4.5 percent in July, the biggest year-on-year increase in more than two years. The tourism ministry says about 7 million tourists arrived last month, the third consecutive month of increase.

Continue reading Spanish Tourism Figures up 4.5% in July