News and Newsletters

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European Inflation Hits 16 Year High

Eurozone inflation has been revised up to the highest level for 16 years and the European Central Bank's main concern now is that rising wage costs could add increasingly to the pressures created by soaring oil prices.

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Negative Equity Forecast for Spanish Property

The Spanish business school presented last week it's annual report on the Spanish economy putting forward another downbeat view of life both generally and specifically for the Spanish property sector

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Deutsche Bank Spanish Housing Market Report

A recent report from Deutsche Bank on the Spanish housing market and economic out look highlights the risks of Spain moving into recession in 2009.
News story supplied by Mallorca Property News (www.mallorcapropertynews.com)

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Interest Rates Held On Inflation Fears

European Central Banks and the International Monetary Fund (IMF) joined in unison yesterday to highlight fears of inflation for global economic growth. Both the European Central Bank (ECB) and the Bank of England's Monetary Policy Committee (MPC) kept interest rates on hold in the face of persistent global inflationary pressures caused by soaring oil, commodity and food prices and the continued weakness of the dollar.

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Spanish Inheritence Tax

Owners and buyers of Spanish and mallorca property beware. Spanish inheritence tax is a complicated business based on the different relationships between the donor and the receiver.

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Spanish Economic Growth Continues to Slow

Latest statistics from the Bank of Spain indicate that economic growth during the first 4 months of 2008 has fallen short of expectations. This fall to an annual equivalent rate of 2.8% is .....

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