Hotels and Andalucia Tourism, News, Expat Guide
The government of president Mariano Rajoy announes plans to create a ‘bad bank’ to take ownership of the banking sectors toxic property debts in an effort to clean up Spanish banks and restore confidence to the industry.
Following the collapse of the Eroski centre complex project amidst corruption allegations, Ronda’s town council have been busy selling the city to other retailers, with Lidl and Decathlon likely new investors.
Micro diamonds that could be commercially viable to mine have been discovered at a secret location in the Serrania de Ronda according to geologists from the Universities of Malaga and Granada.
In efforts to close down the large black market in Spain, Mariano Rajoy’s government on Friday passed legislation restricting cash payments to businesses of more than 2500 Euros.
Spain remains the most popular foreign destination for British property buyers, despite a downturn in the economy and the crisis affecting the Eurozone.
Former mayor and councillors arrested on allegations of corruption and money laundering
Elena Salgado, the current finance minister in the PSOe led government announces plans to reintroduce the wealth tax in efforts to reduce the budget deficit
Currencies Direct Ltd and Spain’s La Caixa team up to provide zero commission transfers and convenient banking for clients needing pound euro transfers.
Spain’s congress votes to amend the Spanish constitution, national and community governments now expected to balance budget and limit public debt.
As pressure mounts from other Eurozone nations to curb Spain’s national debt, the government announces plans to change the constitution to prevent excessive borrowings in the future.