Archives for June 2012

June 29th, 2012

According to the Tourism Expenditure Survey (Egatur), compiled by the Ministry of Industry, Energy and Tourism’s Institute for Tourism Studies, in the first five months of the year the average daily expenditure of foreign tourists in Spain has grown by 11.1%. International tourists spent a total of 4,804 million euros ...

Continue reading Foreign Tourists’ Spending Up 7.5% in May

June 29th, 2012

According to consumer price index (CPI) flash estimates released yesterday by the National Statistics Institute, annual inflation stood at 1.9% in June, which is the same rate recorded in May of this year. These figures have been influenced especially by the drop in price of fuels and lubricants, which were ...

Continue reading Annual Inflation Remains at 1.9% in June

June 28th, 2012

The highest wages were in the Basque Country, Madrid and Catalonia, while the lowest were recorded in the Canary Islands, Extremadura and Galicia. In Spain the annual average gross wage in 2010 was €22,790.20 compared with an average of €53,431.33 earned by directors and managers, which is an increase of 134.4% ...

Continue reading Spain’s Average Salary in 2010 Stood at €22,790.20

June 28th, 2012

The Heads of State and Government of the eurozone will discuss this Thursday and Friday, at the European Summit in Brussels, moving towards greater banking and fiscal integration in the monetary union, which will mean a loss of sovereignty of member states and greater budgetary control by the EU institutions. The ...

Continue reading EU Proposes Limiting Defaulting Countries’ Issuance of Debt

June 27th, 2012

The United Nations (UN) has awarded Spain second prize in the "Improving the Provision of Public Services" category, for the project entitled "Complete e-Access by Citizens to Public Services", drafted by the Ministry of the Treasury and Public Administration Services through the General Directorate of Administrative Modernisation, Procedures and the ...

Continue reading Spain to Receive UN Award

June 27th, 2012

Speaking at the closure of the General Assembly of the Spanish Federation of Business Organisations (CEOE), the Spanish Prime Minister, Mariano Rajoy, said that "maintaining budgetary stability and reforming our economies is an essential requirement for recovering confidence in the euro." He also said that the Government has an unshakeable ...

Continue reading European Council Must Address “Critical Situation in Europe”, Says Rajoy

June 26th, 2012

A mass of warm, dry air entering the southern peninsula on Sunday triggered the thermometers at the beginning of the week, and has resulted in half of Spain being put on alert for high temperatures, which could reach as high as 41ºC in some areas, reported Europa Press. Specifically, on Monday, ...

Continue reading Spain on High Temperature Alert

June 26th, 2012

Spain Formally Requests Bank Rescue Top Spanish Properties This Week on Kyero International Tourists in Spain on the Increase Rajoy Stands Firm on Commitment to Fight Economic Crisis Property Tax Relief Under Threat? Mortgage Lending Falls by 7% in April In this week's news, the predicted request for EU financial assistance was officially made by the ...

Continue reading Property Pulse Issue 383 – 26th June, 2012

June 26th, 2012

On behalf of the Government, Spain’s Minister of Economy and Competitiveness, Luis de Guindos, yesterday sent the president of the Eurogroup, Jean-Claude Juncker, a letter requesting financial assistance for the recapitalisation of financial institutions that require it. The letter begins "I have the honour to address you on behalf of ...

Continue reading Spain Formally Requests Bank Rescue

June 25th, 2012

Each day, we record the popularity of every Spanish property advertised on Kyero. We measure how fresh and complete the advert is, and how visitors interact with it. This week, thousands of new properties were advertised on Kyero.com. Here's this week's top Spanish properties - as voted by you. Properties priced under €250,000 €139,500 L'Ampolla, Tarragona 3 ...

Continue reading Top Spanish Properties This Week on Kyero

June 25th, 2012

After the summit in Rome last week, the leaders of the four principal economies of the eurozone, Germany, France, Italy and Spain, agreed to present a plan for economic growth at the European Council on 28th and 29th June, to the value of 1% of the eurozone GDP, some 130,000 ...

Continue reading European Leaders Propose €130,000 Million Stimulus Plan

June 25th, 2012

According to Frontur’s latest Survey of Tourist Movements released by the Ministry of Industry, Energy and Tourism, in the first five months of the year Spain received a total of 19.1 million international tourists, representing a 2.4% increase over the same period of 2011. The Ministry, led by José Manuel Soria, ...

Continue reading International Tourists in Spain on the Increase

June 22nd, 2012

The U.S. President, Barack Obama has praised the commitment of the eurozone on their adoption of policies for growth and greater financial and banking integration, and emphasised that the solution to the crisis must be taken in Europe, and "not in the G-20 or the United States". In a press ...

Continue reading Obama Praises Europe’s Commitment to Growth

June 22nd, 2012

The President of the Spanish Government, Mariano Rajoy, announced at a press conference this week, following the G-20 summit, that "the Government will not back down in its firm commitment to fight the economic crisis." He insisted that the Government will continue to carry out the reforms needed by the ...

Continue reading Rajoy Stands Firm on Commitment to Fight Economic Crisis

June 21st, 2012

A quick update on where we're at with producing a mobile version of Kyero.com We've done the heavy-lifting work of writing the code - thanks to Nic at WeAlsoDoCookies On our staging servers, we've now got five main functions: Settings (select language and mobile / desktop version) Property search (single search for sales, long-term-lets ...

Continue reading Kyero mobile progress