Archive for September, 2009

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Some claim Spanish property market is about to turn

In something of a financial U-turn the Spanish property market seems to be somewhat more attractive to overseas investors who are thinking about putting cash into the mortgage market and Spanish property.
According to Mercers estate agents enquires from British people about money types of Spanish properties that are available have increased considerably over the last [...]

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Tax on Spain’s Rich to Balance Deficit

Spain’s cash-strapped Socialist government is poised to emulate the UK and increase taxes on the rich, reversing its policy of tax cuts and prompting protests from the conservative opposition.
The impending U-turn - designed to plug the gaping budget deficit arising from the global economic crisis – was signalled this week by José Blanco, public works [...]