http://www.dailymail.co.uk/news/article-2235318/Spain-offers-residency-buying-home-worth-130-000-bid-save-housing-market.html Spain has more than 700,000 unsold houses after real estate market collapse New policy would see foreigners given residency permits if they buy houses worth more than 160,000 euros – approximately £128,500 By Daily Mail Reporter PUBLISHED: 12:19 EST, 19 November 2012 | UPDATED: 04:57 EST, 20 November 2012 Spain plans to offer foreigners […]
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The contagion spreads: Now Moody’s downgrades seven GERMAN banks as Spain begs for $40bn
Jun 6
http://www.dailymail.co.uk/news/article-2154853/Now-Moodys-downgrades-seven-GERMAN-banks-Spain-begs-help.html Seven German banks have been downgraded by one of the most reputable rating agencies amid fears that eurozone debt will hit the country. Moody’s said it would be cutting the rating of Germany’s second biggest bank, Commerzbank AG, from A2 to A3 for the long term with a negative outlook. Moody’s said its move […]
Austerity, what’s that? Spanish King Juan Carlos slammed for £27,000 elephant hunting trip as his country drowns in debt and half of youngsters are jobless
Apr 16
http://www.dailymail.co.uk/news/article-2130461/Austerity-whats-Spanish-King-Juan-Carlos-slammed-27-000-elephant-hunting-trip-countrys-economy-teeters-brink.html Spain is being sucked back into eurozone’s financial crisis One in four out of work, and 50% of youngsters jobless Anger at ongoing corruption probe into King’s son-in-law His grandson injured in shooting accident last week By Lee Moran PUBLISHED: 07:03 EST, 16 April 2012 | UPDATED: 08:52 EST, 16 April 2012 The King […]
Collapse of the eurozone ‘will start this year’ as countries pull out of the single currency, leading think tank warns
Jan 2
Eurozone is ’99% likely’ to break up in next ten years, suggests CEBR 2012 will be ‘full of danger and risk’ warn Nicolas Sarkozy and Angela Merkel in their New Year messages http://www.dailymail.co.uk/news/article-2081088/2012-danger-risk-warn-Sarkozy-Merkel-New-Year-messages.html By Ruth Sunderland Last updated at 2:57 PM on 2nd January 2012 The stricken eurozone will start disintegrating this year and will […]