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News from the financial sectors in Spain and the Canary Islands
   News from the financial sectors in Spain and the Canary Islands


Ratings
03.02.2012 - America’s Standard and Poor risk assessors have reduced by two levels their risk rating of Spanish debt despite the change of government and the excellent acceptance by the international market of paper recently released onto the market. more...
Fuel costsBusiness30.01.2012 - The price of diesel increased by 3.9 per cent and hit a historic high at the beginning of January. more...
Business27.01.2012 - The feeling that 1,000 pesetas used to go much further than €6 is extended throughout a large part of Spanish society. more...
Greater scrutiny will be applied to corporate and individual tax returns Business27.01.2012 - Austerity is becoming the “new normal” in many European countries. Spain had actually been comparitavely better off when it came to tax rises, but this was never going to last. more...
The Canary Islands ITB stand in 2010Business26.01.2012 - ITB Berlin and the ITB Berlin Convention, one of the most important tourism fairs for the Canarian market with the World Travel Market in London and Fitur in Madrid, opens its doors from March 7 to 11. more...
Double troubleBusiness25.01.2012 - The jobless totals took off again in 2011 with almost twice as many people more on the dole than in the previous year. more...
Tourist spending upBusiness23.01.2012 - According to official figures foreign tourists spent over 112 per cent more in November than in 2010, in total €1,021 million. more...
Foreign officesBusiness20.01.2012 - By the middle of 2010, the regional governments had around 200 offices up and running abroad.
Catalonia had the most number of ‘regional embassies’, twice as many as Valencia and Andalusia and four times as many as Madrid. The Partido Popular calculated that at that time the accumulated cost of these offices was at least €150 million. more...
Better than averageBusiness18.01.2012 - Unemployment rose in the Canaries by 4.3 per cent last year, well below the national average increase of nearly eight per cent, according to the end-of-year figures published by the government. more...
The Spanish authorities are contacting property owners who have failed to submit tax returns Business17.01.2012 - Do you own property in Spain? If you are resident here, have you submitted your Spanish tax return each year? If you are not resident, have you submitted your non-resident tax declaration each year? If not, you need to seek professional tax advice and take action fast to avoid being investigated by the Spanish tax authorities and faced with potentially high penalties. more...
International tradeBusiness16.01.2012 - The gap between the price of industrial goods received and sent grew in November. more...
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03.02.2012 - The Tenerife Cabildo has issued a warning that people should take extra this weekend and avoid unnecessary journeys with high winds forecast with gusts of up to 90 kph expected tomorrow (Saturday).
more...
La Laguna - 03.02.2012 - The owner of a pack of pit-bulls that attacked a man and his dog while they were walking in a La Laguna park is being sought by police. more...
Canary Islands - 03.02.2012 - Although temperatures in some parts of the Canaries are noticeably lower, the islands are virtually the only part of the country to escape Spain's current cold snap. more...
03.02.2012 - The crew of a yacht which caught fire shortly after leaving Puerto Colón were rescued safely thanks to the intervention of another boat in the area, which answered its distress call. more...
Santa Cruz - 02.02.2012 - The first Queen of this year's Carnival was chosen last night in a much trimmed-down ceremony in Santa Cruz's Exhibition Centre. more...
Arico - 02.02.2012 - Police in Arico are investigating the circumstances of the horrific death of a Cuban farm labourer who was crushed by a lorry as he worked early yesterday. more...
Rapa Nui, the unsolved mysteries


Banish the blues
They tell us that this is one of the most depressing times of the year more...
Peugeot 208

IslandConnections - Edition 661
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ic media group
The Magazine - Edition 73