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Spain cuts windfall tax grab on energy firms to win support of regional political parties

CONGRESS has approved a new windfall tax on excess profits made by energy firms but only after the government agreed to changes demanded by...

DEAR JENNIFER: Can you recommend a good travel insurance policy for British expats in Spain?

UNFORTUNATELY due to Brexit, the travel insurance company that we worked extremely well with for over 20 years is no longer able to offer...

GBP/EUR exchange rate slumps as BoE forecasts a two-year UK recession

The pound euro (GBP/EUR) exchange rate fell sharply through the first two weeks of November as it became increasingly apparent that the UK economy...

GBP/EUR exchange rate rocked by UK political chaos but bounces back after Sunak confirmed as PM

Trade in the pound euro (GBP/EUR) exchange rate remained highly erratic through the second half of October amid UK political drama. Over the last two...

Alarming statistic shows families struggling to afford life in Mallorca

More than 30% of people living on the Balearic Islands cannot afford to live there, according to new research.  An Economic and Social Council (CES)...

An introduction to Spanish Compliant Investing

Meet the Experts from Prudential International and Chorus Financial Save the date! On Monday October 10, Chorus Financial have the pleasure of welcoming one of Europe’s...

GBP/EUR exchange rate crashes as UK mini-budget triggers run on the pound

AFTER stumbling through the second half of September, the pound euro (GBP/EUR) exchange rate then collapsed at the end of the month following the...

Why Chorus Financial are different

Whether you are reading the local newspapers, browsing social media or google, or tuning into the local radio stations, there are certainly no shortage...

Investing for the future with 3B Investments

FINANCIAL planning at whatever stage of your life is really important and UK-based 3B Investments will look to guide you all the way. “It's all...

Could you be paying less for your Investments and Pensions? I’ve just come out of a regular review with one of my clients, and top...

Interest rates are rising in Spain and Europe but, despite inflation, Euribor remains below 1%

THE Bank of Spain has confirmed that the 12-month Euribor closed July at a monthly average of 0.992%, compared to 0.852% in June. This continues...

High 10% inflation rate to continue for ‘rest of summer’ in Spain

THE Spanish economy will continue to be battered by a high inflation rate for the 'rest of summer' according to economy minister, Nadia Calvino. As...

Spain’s Vueling Airlines becomes Europe’s first budget carrier to allow cryptocurrency ticket payments

SPAIN'S Vueling Airways will offer passengers the chance to pay for tickets via cryptocurrency from next year- the first such move for a budget...

Inflation rate in Spain unexpectedly rises to 8.7%

INFLATION rose in May after falling in April, according to figures from the National Institute of Statistics(INE). Advanced data showed May's Consumer Price Index(CPI) at...

Weekly Market Roundup 23/05/2022

Weekly Market News Share markets had another choppy week, with worries that rate hikes, cost pressures and supply chain disruptions would further weigh on the...

Weekly Market Roundup

Weekly Market News - 16/05/2022 Stock markets had another rough week with some very choppy moves on concerns over monetary tightening to combat high inflation...

Bogus stock market brokers fleeced €6 million out of unsuspecting clients in Spain

A group of swindlers offering big returns on stock market investments have been arrested by the Policia Nacional. The gang made €6 million out of...

Spain’s annual inflation rate falls more than expected due to lower fuel prices but food costs rise

SPAIN'S annual inflation rate dropped to 8.4% in April according to figures published on Thursday by the National Statistics Institute(INE). The 1.4% drop on the...

Crisis planning: Expats in Spain should beware of currency fluctuations

THE Pound Euro (GBP/EUR) exchange rate has seen some wild swings in recent months.  In March alone, it fluctuated between €1.183 and a five-year high...

Spain’s inflation rate surges to 9.8%- highest figure since 1985

INFLATION in Spain has soared to 9.8% in March- the highest rate since May 1985, according to figures from the National Statistics Institute(INE). The rate...

Spain’s inflation rate soars with effects of Russian sanctions still to bite

SPAIN has recorded its biggest annual inflation hike since 1989 according to figures released on Monday by the National Statistics Institute(INE). Preliminary numbers for February...

REVEALED: Where the €3 billion master-plan for post-Covid Costa Blanca will be spent

OVER THREE billion euros has been earmarked to “accelerate recovery” after the pandemic in the Valencian region. Announced in Villajoyosa this week, regional president Ximo...

Spain’s CaixaBank promises better services for older customers despite branch closures

SPAIN'S CaixaBank has pledged new and improved services for older customers despite a wave of over 1,500 branch closures in the wake of its...

MUST READ: European Court of Justice rules against Spain’s Modelo 720 foreign asset law including system of excessive fines

EUROPE'S top court says Spain broke EU laws by imposing harsh penalties on Spanish residents who failed to declare property and bank accounts they...

Spain announces crackdown on cryptocurrency adverts that ignore investor risks

SPAIN is clamping down on the advertising of unregulated cryptocurrency investments. Concerns about investors being ripped-off by bogus claims have prompted a new rule that...

Bankruptcies in Spain rise by a third during 2021 but start-up numbers are even bigger

THE number of businesses declared bankrupt in Spain last year rose by 31% compared to 2020. In contrast, 102,169 new companies were registered in 2021,...

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