There are now 465,000 US dollar millionaires in Spain, 24 per cent more than a year ago, a financial services giant Credit Suisse reveals in a new report which highlights the unequal impact of the country's crisis.
Maestrat Park is a Residential Park Homes Site on the Costa Azahar in Rural Spain
Area
Wednesday, 15 October 2014
Tuesday, 14 October 2014
Catalunya calls off public consultation on independence
CATALUNYA'S regional president Artur Mas has decided not to go ahead with the 'public consultation', or non-binding referendum on November 9.
Thursday, 9 October 2014
IMF: Spain will head 2015 EU growth
Spain, a country with a 25% unemployment rate, public debt levels of nearly 100% of GDP and no alternative to construction as an engine of growth, has managed to become the only European economy with improved prospects for 2015, according to the International Monetary Fund (IMF).
The IMF Annual Assembly kicked off in Washington on Tuesday with mostly bad news: the global economy will grow by 3.8% next year, down from its July forecast of 4%.
But Spain’s economy will grow 1.3% this year and 1.7% in 2015, representing a gain of one tenth of a percentage point from July forecasts in both cases.
Saturday, 27 September 2014
Nearly 1.7 billion euros' worth of pesetas still in circulation
AN ESTIMATED 1.7 billion euros' worth of pesetas remain in circulation in Spain, more than 12 years after the new common currency was introduced.
The Bank of Spain says it changes about a million euros in pesetas every month, and that this figure has been continuous since the country
Spanish village swaps bulls for giant balls
Residents of a Madrid village have changed their annual running of the bulls to a similar event with giant 125-kilo (275 pounds) polystyrene balls, a move animal rights groups are hoping will be copied in other parts of Spain.
Saturday, 20 September 2014
Tomatina moves to London's Hyde Park
LONDON could get its own version of the famous Valencian tomato fight, the Tomatina.
Councillors from Buñol, a town to the east of Valencia city with 10,000 inhabitants which is renowned worldwide for its messy, fruity fiesta, have been in talks with the management of Hyde Park in the British capital.
Friday, 19 September 2014
Castellón Airport is having test flights
Castellón Airport will receive its second flight this week, yes, test flight. The Valencian Government has reported in a statement that the facility will receive this week's flight calibration systems of air navigation radio aids, a mandatory step for the airport and received all necessary permissions to be able to open.