Archives for August 2012
August 31st, 2012
According to the advance indicators of the evolution of prices in Spain, published yesterday by the National Statistics Institute, the Consumer Price Index (CPI) climbed five tenths in August, bringing its annual rate to 2.7%, mainly due to the rising price of fuels and lubricants. Thus, the annual CPI marked ...
Continue reading Rising Fuel Prices Spark Five Tenths Increase in August CPI, to 2.7%
August 30th, 2012
The President of the Government, Mariano Rajoy, met at Moncloa Palace with the President of the European Council, Herman Van Rompuy, to analyse the situation of the European Union and the Eurozone, as well as the measures that the Spanish Government has implemented to reduce the public deficit and meet ...
Continue reading “No going back on the Euro or European integration”, says Rajoy
August 29th, 2012
The number of new mortgages on homes totalled 24,321 in June this year, which is a drop of 25.2% from the same month of 2011, according to figures released by the National Statistics Institute on Monday. The explanation: people who need a house but can not gain access to a ...
Continue reading Home Mortgages Fell 25.2% in June
August 28th, 2012
Workers Affected by ERE Increased by 48.6% to June Top Spanish Properties This Week on Kyero Deutsche Bank Recorded 40.5% Defaults on Spanish Property Loans "Bank of Spain will control Spanish banks’ participation in real estate", says Rehn Spain Receives Record Tourists in July Social Security Gains 4,412 Foreign Affiliates in July Construction in Spain up ...
Continue reading Property Pulse Issue 392 – 28th August, 2012
August 28th, 2012
Up to 221,188 people were affected in the first half of the year by the Government labour reform (ERE), with termination or temporary suspension, or by having to adopt a reduction in their working hours, a 48.6% increase over the same period of 2011. The number of affected in June ...
Continue reading Workers Affected by ERE Increased by 48.6% to June
August 27th, 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 €49,995 La Siesta, ...
Continue reading Top Spanish Properties This Week on Kyero
August 27th, 2012
Deutsche Bank recorded a 40.5% default rate, at the end of June, on loans to the Spanish property sector, according to a report from the entity sent to the National Securities Market Commission (CNMV). Between January and June, the German bank registered 436.4 million euros in loans for construction and real ...
Continue reading Deutsche Bank Recorded 40.5% Defaults on Spanish Property Loans
August 24th, 2012
European Commission Vice President and head of Economic and Monetary Affairs, Olli Rehn, has said that the Bank of Spain will control "the future participation of Spanish banks in real estate" and that “separating the financial sector from the real estate sector is one of fundamental objectives of the ...
Continue reading “Bank of Spain will control Spanish banks’ participation in real estate”, says Rehn
August 23rd, 2012
In July this year, Spain received 7.7 million international tourists, representing an increase of 4.4% over the same month last year, or 328,000 more people. According to the Survey of Tourist Border Movements (Frontur) prepared by the Ministry of Industry, Energy and Tourism, these figures mark an all-time high in the ...
Continue reading Spain Receives Record Tourists in July
August 22nd, 2012
The Spanish Social Security gained 4,412 foreign contributors in July, an increase of 0.25% over the previous month, putting the number of foreigners in employment at 1,764,932, the Ministry of Employment and Social Security reported yesterday, and attributed the increase in foreign workers to agriculture and the tourist season. However, according ...
Continue reading Social Security Gains 4,412 Foreign Affiliates in July
August 21st, 2012
Construction sector activity in the eurozone fell 0.5% in June over the previous month, according to data published yesterday by Eurostat. Spain, however, had the second highest increase in the eurozone with a rise of 1.3%. In the whole of the EU (27 countries) this figure fell by 1.7%. Romania (-10%) ...
Continue reading Construction in Spain up 1.3% in June
August 21st, 2012
Kyero mobile now live Spain's Green Economy Could Create Two Million Jobs by 2020 Top Spanish Properties This Week on Kyero Foreign Ministry Promotes Sale of Homes on Spanish Coast EU and eurozone GDP Falls 0.2% in Second Quarter Spanish House Prices Down by 31% since 2007 Tinsa Reports House Prices Down 31% Since 2007 Last week's ...
Continue reading Property Pulse Issue 391 – 21st August, 2012
August 20th, 2012
Today, we launched the mobile-friendly version of Kyero.com Visit Kyero.com on your mobile device and you'll see the new site. Currently, it allows mobile visitors to search for properties and make an enquiry. We'll be watching closely to see how we can extend this functionality, and we'd also welcome your feedback and comments. There's a new 'mobile' ...
Continue reading Kyero mobile now live
August 20th, 2012
Spain has enormous potential for job creation within its "green economy", which could generate two million jobs in the next decade if appropriate policies are adopted, said the International Labour Organisation (ILO) in a report. Entitled "Green Jobs for Sustainable Development - The case of Spain," the report says that renewable ...
Continue reading Spain’s Green Economy Could Create Two Million Jobs by 2020
August 18th, 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 €40,000 Torrevieja, Alicante 3 ...
Continue reading Top Spanish Properties This Week on Kyero
