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
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.