• Zapatero Brings Elections Forward to November 20

    The Spanish Prime Minister confirmed in a press conference today, that the next general election, scheduled for March 2012, will be brought forward to November 20. The decision to advance the election was taken “because the new elected government takes …

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  • The IMF Will Contribute Less than One-Third of Greek Rescue

    The U.S. newspaper The Wall Street Journal said last week that the IMF is concerned about its huge long-term exposure to the euro, reminding that the institution has already pledged to provide 78,500 million euros for Greece, Ireland and Portugal …

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  • Spanish Land Registrars Launch ‘On Line’ Service in English

    The Chairman of the Spanish Association of Registrars, Alfonso Candau, submitted this week to the Secretary of State for Housing, Beatriz Corredor, their new ‘on line’ service, created by the agency in order to help foreigners obtain information in English …

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  • Ryanair Cancels 21 Routes from Girona Airport

    Budget airline Ryanair announced on Tuesday that they plan to reduce routes from Girona Airport from 46 to 25, an additional 21 routes. This new cut is to be implemented in October, at the start of the winter season, and …

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  • Zapatero: “The euro zone is not going to abandon Greece”

    The Spanish Prime Minister, José Luis Rodríguez Zapatero insisted on Monday that after two or three issues, it is clear that the euro zone “will not drop Greece” and stressed that private sector participation in Greece’s second bailout is “exceptional …

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  • European Commission Authorises CAM Bank Intervention

    The European Commission on Monday gave the green light to the intervention by the Bank of Spain of the Caja Mediterráneo (CAM), considering it raises no problems of competition. The operation was announced last Friday and includes a 3,000 million …

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  • Madrid Property Sees Surge in Demand

    One in five Madrid residents are contemplating buying a home in the next 12 months, before July 2012, according to a study commissioned by Urban Development Group, Valdebebas. According to Europa Press the report notes that the average buyer is …

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  • Spanish Pension Reform Gets Green Light

    In December 2009, for the first time, the Spanish Government sheepishly pointed out the need to extend the length of working life in Spain to safeguard the pension system. And last week, after a War of Words lasting 20 months, …

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  • Spain Sees 7.5% Increase in Foreign Tourists

    Spain recorded a further increase in foreign tourist visits for the first 6 months of the year, receiving 24.8 million foreign visitors, an increase of 7.5% over the same period in 2010, according to the Ministry of Industry, Tourism and …

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  • Jellyfish Invade the Coast at La Manga

    A plague of jellyfish has hit the beaches of La Manga as a result of a ship accidentally tearing the safety net that the autonomous community puts up each year to contain these creatures and stop them reaching shore. The …

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  • Merkel and Sarkozy Pave the Way for a Deal on Greece

    Heads of State and Government of the euro zone countries held an emergency summit yesterday, to try to reach an agreement on the second rescue of Greece, with the aim of curbing the spread of the debt crisis in Spain …

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  • 95% of Europeans Online During the Holidays

    About 95 percent of Europeans connect to the Internet during their holiday period, to avoid having to log off from their email accounts, both personal and work, or from social networks and other online entertainment sites. This is one of …

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  • Zapatero: “The only way out of the crisis is to have sound institutions”

    The Spanish Prime Minister, José Luis Rodríguez Zapatero, said yesterday that the “only way” to improve the credit situation is for the financial sector to conclude their restructuring and solvency plans, although he did warn that as a result of …

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  • 18,561 Properties Sold to Foreigners in Spain in 2010

    A total of 18,561 properties were purchased by foreigners in Spain in 2010, representing 4.45% of all homes sold last year, according to the Annual Report of the College of Registrars. The percentage of homes purchased by other countries remains …

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  • 36% of Spanish Tourist Industry Expect a Better Summer

    Despite the 13.9% growth of foreign tourism in Spain in the second quarter of this year, many businesses are still wary of the predicted increase in revenue in the sector over the summer season. The arrival of summer has kick-started …

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