Archives for December 2010
December 31st, 2010Prime Minister Jose Luis Rodriguez Zapatero has looked ahead to 2011 and expressed cautious optimism toward his country's performance during the year. Despite a number of stock market scares and a high unemployment rate, 2010 has seen Spain ride out the worst of the economic crisis
Continue reading Zapatero: Cautiously Optimistic for 2011
December 31st, 2010The Sierra Nevada was once the source of the city's ice, provided by a hardy team of men The snow that falls on the Sierra Nevada each year is vital for the economy of Granada, bringing skiers in their thousands and providing a substantial winter income for hotels, restaurants and shops ...
Continue reading The Snowmen of the Sierra Nevada
December 30th, 2010Spain’s Treasury expects to sell a net 47.2 billion euros of debt in 2011, 24 percent less than 2010, the Economy Ministry said. Cost-cutting by the Spanish government meant it sold 62.1 billion euros in 2010, 19 percent less than it originally planned, the ministry
Continue reading Spanish Treasury Targets 1/4 Drop in Debt Sales for 2011
December 30th, 2010An annual flour fight festival, ''Els Enfarinats,'' has recently taken place in the Spanish town of Ibi in Alicante. Dozens of people took part as a spoof army dressed in full uniform and other bizarre characters engaged in a boisterous battle using flour and eggs as their weapons, and passers-by
Continue reading Annual Flour Fight in Alicante Raises Money for Charity
December 30th, 2010Pregnant women in Spain are pushing to give birth before January 1st to receive the €2500 'baby cheque' from the government before the scheme ends on January 1st and are asking to be induced or have caesarean sections. The cheque bebé was introduced in July 2007 as an incentive to
Continue reading Pregnant Spanish Women Seek Early Deliveries for Cash Bonus
December 30th, 2010Reports on Spain's ailing housing market show sales volumes are down almost 50% since the summer and prices may suffer further falls of up to 30% — with holiday homes in tourist areas likely to fare worst of all. The Spanish market has collapsed since 2007, with prices of new coastal ...
Continue reading No Light Yet at the End of the Property Tunnel
December 29th, 2010Civil Guards intercepted two boats carrying 85 migrants in waters off Spain's southern coast of Almeria, an official for the country's Marine Rescue service said today. Fifty-seven migrants, including three women and a child, were found in the first boat, a dinghy-style, single-engine rubber boat, some 18
Continue reading 85 Migrants Intercepted Off Costa Almeria
December 29th, 2010Spain's Interior Minister and Deputy Prime Minister Alfredo Perez Rubalcaba said on yesterday the Spanish Government won't change "a single letter of its anti-terrorist policy" whose "trademark will be police and law strength." After meeting Basque Premier Patxi Lopez, Interior Councillor
Continue reading Spanish Government Asserts Anti-terrorist Policy
December 29th, 2010Spain has bolstered its credentials as a world leader in renewable energy by exporting electricity to France for the first time. Heavy rain and strong winds during 2010 meant that renewables - principally hydro, wind and solar power - met 35% of Spanish demand. Wind power rose by 18.5% in 2010 ...
Continue reading Spain: Renewable Energy Sources Surge in 2010
December 29th, 2010Spain needs five years to “correct” imbalances in its economy, Prime Minister Jose Luis Rodriguez Zapatero said, as he pledged not to backtrack on an “ambitious” pension overhaul. “We have been fighting the crisis for two years and we will need five years to correct the structural imbalances in this economy,” ...
Continue reading Spanish PM Calls for Unity to Solve Economic Difficulties
December 28th, 2010It has emerged that two Russian diplomats were expelled from Spain in November on suspicion of spying, while Russia has responded by expelling two Spanish diplomats last week, a Spanish foreign ministry spokesman said. The spokesman would not comment on
Continue reading Spain and Russia Expel Diplomats Over Spying Allegations
December 28th, 2010The Spanish government said yesterday that household electricity prices will increase by 9.8%, effective Jan 1st, in a move that could stoke already-strong inflationary pressures as it reverberates through households and the larger economy. Spain's industry ministry said the hike will
Continue reading Power Prices Set to Rise in New Year for 17m Households
December 28th, 2010A Spanish woman has been arrested for faking her own kidnapping to check out whether her husband would pay for her release, police reported yesterday. The woman sent a photo to her husband’s mobile phone in which her hands and feet were bound, together with a text message from
Continue reading Woman in Gandia Fakes Own Kidnap to Test Husband
December 28th, 2010We’re taking a look back and revealing the most read news stories of the year on Kyero. In 5th place, a weekly look at the top 20 properties for sale on Kyero. From the thousands of new properties that are advertised on Kyero each week, we highlight the most popular ones ...
Continue reading Most Popular Spanish Property News of 2010
December 28th, 2010Spanish Prime Minister Jose Luis Rodriguez Zapatero and King Juan Carlos last Saturday opened the country's fourth high-speed rail line, making the country the European leader in the technology. The 438-kilometre (272-mile) route will slash travel time between the Spanish capital and the Mediterranean port of Valencia, Spain's third-biggest city, from ...
Continue reading Spain Becomes European High Speed Rail Leader