Archive for January, 2012

España arranca con un trabajado triunfo ante Eslovenia – España arranca con un trabajado triunfo ante EsloveniaABC.esLa selección española comenzó la defensa de su título de campeona continental con un trabajado triunfo sobre la de Eslovenia en el partido inaugural del Europeo de Croacia. La igualdad marcó el devenir del primer período, en el que los eslovenos …España comienza con buen pie el […]

Andalucia sneaks through a property sales tax increase

The tax increase was introduced without warning on Saturday 31 December, and went largely unnoticed until now. Whilst the central government in Madrid is making noises about reducing the sales tax (ITP) on resale properties to bring it more in line with VAT rates on new property (4pc), the regional government in Andalucia has introduced […]

Jobless Rates Up in Italy and Spain, but Down in Germany – New York Times

Globe and Mail Jobless Rates Up in Italy and Spain, but Down in GermanyNew York TimesLONDON — Spain and Italy creaked under record unemployment rates at the end of 2011, while the German jobless rate fell to historic lows — results that put the onus firmly on Germany, with Europe's biggest economy, to take the […]

Spain Weather – Tuesday January 31 2012

Moderate freezing conditions inland in the northern half of the country with snow in the Pyrenees and Cantabria where the snow line will rise to 900m and 1200m later in the day. More: continued here

Euribor heading down, new lending collapses, mortgage costs up

A summary of the Latest Euribor and Spanish mortgage news Euribor (12 months), the interest rate typically used to calculate mortgage repayments in Spain, fell to 1.837pc in January, a percentage change of -8.6pc on a monthly basis, but +18.5pc on an annualised basis. As a result, repayments for the average €150,000-mortgage resetting now will […]

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