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   News from the financial sectors in Spain and the Canary Islands

French confidence down
Official data has showed that French consumer confidence dropped to its lowest ebb in January amid worries about increasing food and energy prices.


French confidence down

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Reformhaus – Herbolario El Olivo – Bioladen
Tenerife
Health food shop, wholefood shop
01.03.2008 - Consumer confidence was measured at -34 in January, revised from -30 in December of last year according to the national statistics office.

Dominique Barbet, an economist at BNP Paribas, said, “These numbers are really bad.  It means weak growth for the first quarter.  Consumption has been the motor of growth for a long time.”

The president of France, Nicolas Sarkozy, has suffered a drop in popularity after he claimed he would become the “purchasing power” president, but voters state he has done little to put money into their pockets.




 
Tenerife - 08.02.2012 - Emergency services in Tenerife were called into action again yesterday to rescue a hiker who took ill during a walk in the Anaga hills outside Santa Cruz. more...
Canary Islands - 08.02.2012 - Yesterday's ugly scenes at Bilbao airport, where Ryanair boss Michael O'Leary had to be given a police escort after his provocation of former Spanair employees, prompted a furious reaction against the head of the airline by Canarian MP Ana Oramas. more...
Las Palmas - 08.02.2012 - The snags preventing the release of tickets for the concert by rock legend Bruce Springsteen in Gran Canaria have now been resolved and the gig has been confirmed 100%, say the organisers. more...
La Laguna - 07.02.2012 - A well-known Tenerife lawyer is the focus of police attention in a money-laundering and fraud investigation ordered by a La Laguna judge. more...
Canary Islands - 07.02.2012 - Relations between the Canarian government and the new Spanish government sank further yesterday when the region's tourism minister was apparently snubbed by his national counterpart. more...
Canary Islands - 07.02.2012 - Two Britons who had to be rescued again after getting into trouble on their bid to cross the Atlantic in a pedal boat could face a hefty fine for the latest mobilisation of air and sea rescue resources. more...
People first


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