A snippet of news in El Pais (national Spanish newspaper) has just caught my attention. It concerns property prices in Spain and, by association, the economy of Spain. Evidently, the ‘Bank of Spain on Wednesday (01.06.11) predicted that home prices would continue to fall for the next two years as the property market strains to adjust to an over-supply of [...]
Living in Spain and making the right choices
I had an interesting conversation today about living in Spain – with a removals professional who lives here but who works for one of the biggest removal companies in the UK. What this man had to say was enlightening and (rather gratifyingly!) confirmed what I have written in my book about buying Spanish property and moving to Spain. Worryingly, my [...]
Spanish economy 2011, unemployment up again.
The Spanish economy in 2011 is still reeling, as shown by the latest Spanish unemployment figures. These show that unemployment in Spain now stands at a horrifying 21.3% – meaning that some 4.91 million people are out of work in Spain. It seems inevitable that the feared 5 million mark for people out of work in Spain will be reached [...]
Banks in Spain – how safe are they?
Yesterday, Levante (a Spanish newspaper) had an interesting article about banks in Spain following their recent rating by Moody’s. Moody’s, of course, are an American credit rating agency (like Fitch and Standard and Poor) who analyse the financial position of companies (and governments). They are very influential and their assessment of a business or government can have a real affect [...]







