Spanish Property News The future president of the European Central Bank (ECB), Italy’s Mario Draghi, said on Friday that euro zone countries should expect, in the long term, further rises in interest rates and rising inflationary pressures.In  At a press conference yesterday, French Economy Minister Christine Lagarde confirmed her candidacy to replace Dominique Strauss-Kahn as Head of the International Monetary Fund.Lagarde has widely been viewed as top choice fo  In regional elections held in Spain on Sunday the PP recorded an historic victory over Zapatero’s PSOE, putting pressure on the Spanish Prime Minister to bring forward the general election which is scheduled to take place Merkel Calls for EU Harmonisation on Retirement and Holidays 23 May 2011, 13.22 News hound Latest Spanish news  German Chancellor Angela Merkel, launched a controversial proposal last week to harmonise the holiday entitlement and retirement age in the various European Union countries, especially in those countries where the debt c Spanish banks have once again resumed offering mortgages on pre-crisis terms as they struggle to offload billions of euros of residential real estate repossessed during Spain’s property crash.The rush to get rid of reposs  Spanish banking giant Santander could take over the Caja Mediterraneo (CAM) after the troubled savings bank’s planned merger with three others collapsed, Spanish media said on Friday. The CAM decided on Thursday to see Will your electricity meter give you a tax fine! 15 March 2011, 13.23 News hound Latest Spanish news  With the Spanish government missing out on well needed revenue, it’s not surprising that they keep coming up with great new ways to expose tax fraudsters.The Haciend (the Spanish tax body) are now looking through prope ‘Amnesty’ to Save Expats’ Holiday Homes by the Spanish Government 11 March 2011, 08.57 News hound Latest Spanish news  Thousands of British expatriates whose Spanish holiday homes were declared to have been illegally built are set to benefit from a new government ‘amnesty’.The homes are among vast numbers of properties in southern Spain  Spain met its 2010 budget deficit target, Finance Minister Elena Salgado announced Tuesday, as spending cuts by the central government in Madrid helped offset the missed targets of about half of the country’s regional gov  The Bank of Spain didn’t exactly bare all last week, but its report on Spain’s cajas was the best peek we’ve had yet inside these troubled savings banks. The cajas account for 42% of the country’s total banking asse  Millions of Spaniards are trapped in debt, stuck with overpriced homes that are keeping household spending low, unemployment high and international investors nervous.The bursting of Spain’s property bubble has left few wi Spanish Government reduces the maximum speed on Spain’s motorways 26 February 2011, 16.36 News hound Latest Spanish news  The Spanish Government has announced it is to reduce the maximum speed on Spain’s motorways from the current 120 km/hr to 110 km/hr to save fuel.The decision was approved in the Friday cabinet meeting as part of packet of  The Spanish government created tax breaks to encourage hiring young people and the long-term unemployed in a bid to lower the 43 percent youth jobless rate.Companies will get a reduction of 75 percent to 100 percent in soci  The Spanish government has launched a direct appeal to Britons to help kick-start Spain’s faltering economy by buying some of the country’s 700,000 unsold houses.Beatriz Corredor, the Spanish housing secretary, promised  Spanish Prime Minister Jose Luis Rodriguez Zapatero said Wednesday that an accord signed with labor unions and employers’ federations marks a new step toward economic recovery and job creation.The broad economic and socia There could be more trouble for European countries for several years if the labor markets do not improve and debt restructuring fails, according to Julian Callow, managing director and chief European economist at Barclays C |
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