Archives for July 2010

July 1st, 2010

The Spanish VAT (IVA) rate hikes, that were announced last year by the Government as part of the 2010 Budget, have come into force today - the general rate has risen two percent, up to 18%, while the reduced rate of VAT in Spain has gone up by one percent, ...

Continue reading VAT in Spain Rises from Today

July 2nd, 2010

The Spanish Secretary of State for Social Security, Octavio Granado, has declared that the data released today relating to the number of registered unemployed people in June, which has dropped below 4 million for the first time since the start of the year, confirms that the job market "has passed" ...

Continue reading Number of Unemployed in Spain Drops Below 4m

July 2nd, 2010

Tomorrow evening, the Spanish national football team will try  to reach the final four of the FIFA World Cup for only the second time in history, when they face a potentially tricky match against Paraguay, who have already achieved their best ever World Cup result by reaching the quarter finals ...

Continue reading History Beckons for Spain in World Cup

July 2nd, 2010

It's been a great start to the weekend for sport in Spain, ahead of tomorrow’s World Cup match, as Spain's Rafael Nadal won against Britain's Andy Murray in the Wimbledon men's semi final. In an exciting match, watched by many celebrities including David Beckham, Sir David Frost and Sir Cliff ...

Continue reading Nadal Beats Murray in Wimbledon Semi

July 5th, 2010

A total of fourteen provinces have received a weather warning for high temperatures of up to 40 degrees Celsius for the next few days, according to predictions from the State Meteorological Agency (AEMET). The hottest areas are Cáceres, Badajoz,

Continue reading Very Hot Temperature Alert for most of Spain

July 5th, 2010

According to their Economic and Financial Report for June 2010, the Spanish Banking Association (AEB) state that house prices have now fallen "just over 10% from the previous maximums of early 2008," and are now at levels similar to those of late 2005. They believe that although

Continue reading Banks Weigh in on Spanish Property Prices Changes

July 6th, 2010

According to the Bank of Spain, the total amount of money loaned through mortgages as of May amounted to 680,690 million euros, representing an annual increase of 0.9% over the same month in 2009, the highest growth in nearly a year. Although mortgage debt

Continue reading Spanish Property Loans Continue to Show Growth

July 6th, 2010

Lanzarote is running the risk of losing its valuable United Nations Educational, Scientific and Cultural Organization (UNESCO) status of being a "Reservation of the Biosphere", due to not informing them of recent breaches of planning regulations whereby European funds were used in the development of illegally constructed hotels on the ...

Continue reading Lanzarote Running Risk of Losing Renowned Environmental Award

July 7th, 2010

All eyes will be on South Africa this evening as the second World Cup semi-final kicks off between Spain and Germany. A victory for Spain will catapult them to a historic final against last night's other semi-final winner, the Netherlands. The match is a repeat the final of the 2008 ...

Continue reading World Cup 2010 Semi-Final: Spain vs Germany

July 7th, 2010

The Peñajara breed of bull opened the proceedings at the world famous 'Running of the Bulls' event this year, part of the Festival of San Fermin in the town of Iruña, Pamplona. The event was a fast and relatively clean event, with only two runners requiring hospital treatment for minor ...

Continue reading 2 Injured in Pamplona’s Running of the Bulls