Saturday, October 19, 2019

IMF foresees two more years of recession in Spain

The budget deficit is predicted to be 6.8 per cent this year - although Rajoy sees things more positively

Google Apps for BBVA

The Spanish bank is shifting from Microsoft to Google Apps

Spain’s credit rating downgraded

Credit rating agency Standard & Poor downgrade rating on Spain's debt from AA- to A

Expats in Spain could face benefit cuts

Government plans to reassess Brits who claim benefits abroad

Spain’s rich are getting richer

Wealth divide in Spain is now bigger than the UK

Rajoy announces €8.9 billion of cuts and tax increases

Rajoy announces his first set of measures to address a predicted eight per cent budget deficit for 2011

Back into recession for Spain

New finance minister believes the final quarter of the year will show a negative growth of 0.3 per cent

Europe to follow UK in banning ‘rip off’ credit card fees

Airlines hit as Europe follows the UK to ban the unpopular charges

Rescue plan for British expats in Spain

The British Foreign Office considers ways of evacuating expats if they are suddenly denied access to their funds

Bond auction success for Spain with better than expected demand

But the cost of borrowing is the highest in a decade

New Spanish PM Rajoy on the ropes

Finally whispers of a return to the peseta and IMF bailouts if Rajoy doesn't get a move on to allay jittery markets

Victims of illegal equity release scam in Spain take the banks to court

A group of 25 foreign residents, who could lose their homes, have filed a lawsuit in the High Court in Madrid against the banks for crimes of fraud and false advertising

Why libel is no big deal in Spain

Thanks to former dictator Franco, freedom of speech is well enshrined under Spanish law, writes Antonio Flores

The Spanish Government has a short memory

Push to attract fresh investment in the Spanish property market is coming at the expense of solving the problems that have made it necessary

One trillion euro deal helps ease eurozone crisis

European leaders agree to cut Greek debt by 50 per cent while Spanish banks must raise 26.2 billion euros in capital

Tu caja es mi caja

Barclays bank hopes to increase its Spanish market share to 4.5 per cent

Spain’s credit rating slashed

Standard and Poor issues downgrade from AA to AA- as finance leaders come together for G20 summit

The ‘crazy’ expats who rung the changes in Spain

Bosses of mobile start up company MASmovil have got 100,000 customers in just four years – and now they are after the expat market

Five Spanish regions have credit rating lowered

Andalucia among those affected as IMF issues fresh call for Spain to receive external support

The art of investment in Spain

The savvy pensioners beating the recession by putting their savings into tax-free canvas

Euro in turmoil as Spanish Prime Minister holds talks with US President Barack Obama

Zapatero returns to Madrid to deal with crisis after cutting short his holiday in Andalucia's Donana National Park

Bank shares plummet amid fears over Spanish economy

Spain and Italy are seen as being too big to bail out

Yellow Elephant hotel falls victim to recession

Unusual ‘shareholder’ hotel purchase, involving pop band Belle & Sebastian, finally falls victim to the recession

Overbuilding in Spain causes further drop in prices

‘We must learn from this lesson’, says Bank of Spain boss

IMF warns of ‘considerable’ risks to Spanish economy

Spanish authorities must crack down harder on spending to aid recovery

Spanish bank hounds pensioner for 3p to close account

Ana Patricia Botin, the new boss of the bank - voted the worst in Britain - last month vowed to get to the ‘root causes’ of the bank’s woeful record