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Category: Current Affairs (265 articles)

New market value data points to 4.3% price rise for Spanish property in October

Spanish home values are approximately 4% higher at the moment compared to the same period last year.

Spanish home values are approximately 4% higher at the moment compared to the same period last year.

New data by Spanish property valuation firm Tinsa has revealed that the average price of a property in Spain was 4.3% higher in October this year compared to the same month in 2016.

These stats are for the entire country, and as ever there are regional variations that are noteworthy, not least the 6.4% increase seen in provincial capitals and large cities such as Madrid, Barcelona and Málaga…

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Author: 10/11/2017 [0] Comments 

Spanish expats in UK contribute £802 million to British economy

While Spaniards living in Britain may not love the rain, there is much about the country they do enjoy.

While Spaniards living in Britain may not love the rain, there is much about the country they do enjoy.

The enduring love affair between Spain and the UK – the occasional Gibraltar-themed spats aside – should serve as a reminder to those who wish to paint a picture of a divided Europe that even countries as ‘different’ as Britain and Spain share a great deal of love, respect and admiration for one another…

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Author: 03/11/2017 [0] Comments 

Spanish economic growth on track in third quarter

Spain has enjoyed some of the strongest and most sustained economic growth of all the nations in Europe over the past 24 months.

Spain has enjoyed some of the strongest and most sustained economic growth of all the nations in Europe over the past 24 months.

It’s only really economists who break the year down into quarters. Sure, we all have a mental map of when summer ends and winter starts, but spring and autumn often do a passable impression of the seasons either side of them, which makes the notion of four seasons redundant for many…

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Author: 02/11/2017 [0] Comments 

Brilliant news for Spain economy as number of jobless falls 180,000

The jobless queues are much shorter now in Spain as the economy enjoys some of the best growth in the EU.

The jobless queues are much shorter now in Spain as the economy enjoys some of the best growth in the EU.

A total of 182,600 new jobs were made in Spain in the third quarter of the year between July 1 and September 30, reducing the percentage of people out of work by 4.66%, and bringing the country’s total jobless figure down to 3.73 million – the lowest it has been since 2008…

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Author: 01/11/2017 [0] Comments 

Of course you can stay in Spain, minister tells British expats

Spain's Foreign Minister Alfonso Dastis told the BBC: "Many Brits come to Spain to live or retire; we want to keep it that way."

Spain’s Foreign Minister Alfonso Dastis told the BBC: “Many Brits come to Spain to live or retire; we want to keep it that way.”

Worries about Brexit and its potential fallout may have vanished from the headlines in recent months, but for many people they remain an irritant, a background noise of unanswered questions and worrisome “what ifs”.

And while there is still unlikely to be any 100% bonafide decision any time soon on exactly what Brexit means for Brits and EU citizens, the noises being made by politicians with a say and a sway in the matter are positive ones indeed…

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Author: 25/10/2017 [0] Comments 

Choose the right Spanish supermarket to save €3,000 a year, survey shows

Nationwide, Alcampo offers Spain's cheapest grocery prices, on average.

Nationwide, Alcampo offers Spain’s cheapest grocery prices, on average.

The price difference between Spain’s cheapest and most expensive supermarkets can be as much as €3,013 per year in some regions, a new consumer group study has found… Continue Reading

Author: 05/10/2017 [0] Comments 

Cool heads needed as Catalonia “self rule” vote nears

Catalans will vote on October 1 on whether the region should break away from Spain. The problem is, the result will not be binding.

Catalans will vote on October 1 on whether the region should break away from Spain. The problem is, the result will not be binding.

Politics has the propensity to get messy quickly, perhaps more so in Spain than in most other European nations. Decades of fascist Franco rule kept a lid on regional tensions and whims by the use of force; and since 1976 Spain’s existence and progress as a successful European state has hinged largely on the promise and reality of an improved standard of living for all…

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Author: 25/09/2017 [0] Comments 

Brit expats in EU to continue receiving annual pension increase

British pensioners resident in the EU can rest easy following the publication of government documents confirming that pension payments will continue to rise for expats.

British pensioners resident in the EU can rest easy following the publication of government documents confirming that pension payments will continue to rise for expats.

Expat British pensioners who live in the European Union (EU) are to be reassured that their pensions will continue to rise each year after Brexit, reports the Daily Telegraph.

According to official documents released by the British government, British state pensions will not be ‘frozen’ in March 2019 – the month in which the UK is expected to leave the EU…

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Author: 15/09/2017 [0] Comments 

Santander sells €10 billion worth of Spanish property

Santander's sale of Spanish property is indicative of broader movement in the real estate sector.

Santander’s sale of Spanish property is indicative of broader movement in the real estate sector.

Movement in Spain’s real estate industry has been brisk for the past 24 months at least, with the residential housing market particularly buoyant thanks to the cash and activity of private buyers…

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Author: 10/08/2017 [0] Comments 

Spain’s economy growing three times faster than UK’s

Spain is booming, particularly in Madrid, Barcelona, and along its ever-popular Mediterranean coastline.

Spain is booming, particularly in Madrid, Barcelona, and along its ever-popular Mediterranean coastline.

The New York Times calls it the “end of a nightmare”, while elsewhere in the international press the official economic data published by the Spanish government on Friday was reported a little more sedately: Spain’s economy is not only growing, but surging ahead of most of the rest of Europe…

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Author: 01/08/2017 [0] Comments 
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