benefit
March 18th, 2010
After the resolution of a lawsuit concerning it's rightful ownership, the Absinthe Drinker, one of the most famous paintings of Picasso's blue period, will be auctioned by Christie's in London on the 23rd of June for an estimated price of between 33 and 44 million euros. Painted in 1903, the picture ...
Continue reading Picasso’s Absinthe Drinker To Finally Be Auctioned
March 10th, 2010
The Minister for Labour, Celestino Corbacho, yesterday recommended that all workers should have a private pension plan in place if they want to offset the revenue losses that will occur when receiving a standard state pension in retirement. There were therefore some cries of double standards when, during
Continue reading Spanish Minister for Labour: “All Workers Should Have a Private Pension”
March 4th, 2010
Sedo.com, a website that facilitates the buying and selling of internet domain names through online auctions, has added a new web site for sale today, with no content, and which starts with a reserve price of between 250,000 and 500,000 euros ... from 3pm today, until the same time next ...
Continue reading Buy “Espana” For Half a Million Euros
February 25th, 2010
The Euribor, the main indicator used for calculating mortgages in Spain, has marked a new all time low. On the penultimate day of the month, the Euribor experienced a substantial drop to finish at 1,218%, from 1.226% the day before.
Continue reading Another All Time Low For the Euribor
February 19th, 2010
Faced with an increasing amount of competition in the broadband sector, Telefonica has been forced to make a free increase to the upload speed they provide ADSL customers, the changes will come into effect from the 20th of May. It will be welcome news to many as Telefonica
Continue reading Widespread Increases In ADSL Speeds
February 12th, 2010
Nintendo was easily the leading videogame console manufacturer in 2009 and, according to Nintendo, the Wii has now sold over two million units in Spain. Over the Christmas period, the Wii sold 50.2% of all home consoles, followed by
Continue reading Nintendo Wii Takes 50% Of Spanish Videogame Market
February 9th, 2010
The Prime Minister, José Luis RodrÃguez Zapatero, announced today that there will be an extension of another six months to the aid benefit of 426 euros paid to those unemployed who have exhausted their contributory and welfare benefits. So far the aid has benefited around 300,000 people, and it is ...
Continue reading Unemployment Aid Extended By 6 Months
February 8th, 2010
Spanish families who purchased a home in 2009 spent less than a third of their annual gross income on their property, which is almost thirteen percent lower than 2008 (41.6%), mainly due to the fall of the Euribor rate and tax deductions.
Continue reading Average Cost Of Buying A Home In Spain Falls
February 4th, 2010
The Deputy Prime Minister, Maria Teresa Fernandez de la Vega, and the Minister for Economy and Finance, Elena Salgado, have both publicly spoken about "misinterpretations" regarding plans to reform the Spanish pension system. Yesterday, the government
Continue reading Pension Contributions Change Was “Misinterpreted”
February 2nd, 2010
The president of the National Commission for the Rationalization of Working Hours in Spain, Ignacio Buqueras, has claimed that Spain should return to Greenwich Mean Time, as it was before the Second World War, and reorganise working day hours in order to improve the quality of life of its citizens. Buqueras ...
Continue reading The Siesta: “Unproductive And Unhealthy”
