As expected, the draft budget in Spain announced on Friday has heralded further massive cuts to Spanish government spending. Indeed, these cuts will amount to some 27 billion Euros, a figure that is as difficult to comprehend as the sheer size of the debt problem in Spain. So, what will these cuts hit? Well, virtually every aspect of the Spanish [...]
The cost of living in Spain, the lethal difference between 1981 to 2011
A very interesting graph relating to the cost of living in Spain was produced by a Spanish financial site a couple of weeks ago that is well worth having a look at. As you can see below, it shows comparative prices of some major items between 1981 and now (2011) based upon the Spanish Consumer Price Index. The two vital [...]





