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Euro declines on Spanish bank run rumours

The euro fell to its lowest point against the USD since mid-2010 this week, as concerns about a Greek exit from the euro and a Spanish bank run escalated.

May 25th, 2012 | Posted in Expats, Spain News | Read More »

Spain’s “technically impossible” euro exit

Spain's former currency, the peseta.

With the Spanish economy and banking sector creaking under the strain of market speculation, talk of the country needing a bailout, or even of eventually ditching the euro, is becoming more common. But would exit from the euro really be such a bad thing?

May 21st, 2012 | Posted in Business, Featured, Spain News | Read More »

Euro to end as Greece exit nears?

Speculation that the euro might soon run its course hit the headlines this week, as Greece could soon exit the common currency, and Spain banks sink deeper into the mire.

May 18th, 2012 | Posted in Expats, Spain News | Read More »

Pound to euro stable as central banks hold rates

The pound to euro exchange rate has stood stuck still within its 1.175-1.20 range this past week, replicating a pattern it has adopted since the start of 2012. This is because economic prospects in neither the UK nor the eurozone look set to impress, keeping fluctuations to a minimum.

March 10th, 2012 | Posted in Expats | Read More »

A bit of Greece in Valencia

The police’s clumsy handling of student protests in recent days has brought an economically and politically punch-drunk region to a new low.

February 23rd, 2012 | Posted in Iberoblog | Read More »

Getting to the bottom of Spain’s daunting unemployment rate

A long queue to the unemployment office. But is the jobless issue in Spain really as bad as we are told?

The country has an official jobless rate of nearly 23 percent, the highest in Europe. But does that figure reflect the true state of the labour market and the Spanish economy? Apparently not.

February 8th, 2012 | Posted in Business, Featured, Spain News | Read More »

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