In January 2002 the Euro became the currency of Spain, replacing the Peseta (which had been introduced in 1869) as the nation’s currency. This set in motion two matters, both of which had a profound effect upon the cost of living in Spain. One of the first effects of the demise of the Euro was an explosion of Spanish property [...]
Spain 2011 and predictions for Spain 2012 – a summary!
So, 2011 gradually ebbs away – a year that many people in Spain will be pleased to see disappear, hoping that 2012 will herald better times ahead. Unfortunately, I fear that may not be the case and there are compelling arguments to suggest that 2012 may be more difficult and challenging for Spain than 2011. So, how does one round [...]
Unemployment in Spain
Unemployment in Spain is very high. Indeed, the Spanish government’s figures declare unemployment in Spain to be over 20% – with the reality being probably much higher. Of course, Spain’s black economy is very sizeable and that may help to cushion the affects of the current unemployment rate in Spain but, either way, a very significant part of the Spanish [...]






