A british builder has been arrested over his alleged role in a suspected £52million property fraud in Spain.
Trevor Bourne, 50, was held after 300 illegally built villas costing up to £1.1million were sold to British expats on the Costa Brava.
Mr Bourne, along with 15 others, is being investigated by a judge on suspicion of bribery [...]
Spain´s unemployment rate hit 18.8 percent at the end of 2009, with more than a million jobs lost over the year as recession ravaged an economy that had once been one of Europe´s best performers, statistics showed Friday.
The ranks of Spain's jobless totaled a record 4,326,500, the National Statistics Institute said.
The new unemployment rate is [...]
Summary:
Magnitude ML 3.0
Region BALEARIC ISLANDS, SPAIN
Date time 2010-01-30 at 07:09:33.3 UTC
Location 39.43 N ; 2.50 E
Depth 40 km
Distances 20 km SW Palma (pop 373,731 ; local time 08:09 2010-01-30)
16 km S Calvià (pop 43,166 ; local time 08:09 2010-01-30)
EMSC – European-Mediterranean Seismological Centre.
This weeks Euromillions numbers are:
If you´re luck enough to get 3 numbers or more then you´ve won something.
The prize breakdown is below.
Spanish officials said the crew of a cargo ship refused repeated offers of assistance before it ran aground in strong winds near Algeciras on Wednesday [27.01.2010] night.
Although there were no injuries or pollution, the incident is the latest in a string of accidents and has once again put maritime safety under the spotlight in this [...]
Countries that use the euro hit 10% in December for the first time since the single currency was introduced in 1999.
It had been reported that the rate hit 10% in November, but this has subsequently been revised down to 9.9%.
Some 15.8 million people are now out of work in the eurozone, according to Eurostat.
Across all [...]
The Spanish government will propose a rise in the retirement age to 67 from the current 65 so that it can still afford to pay pensions as the population ages, the Labour Ministry said on Friday.
The government wants business groups and unions to agree to the change, as part of broader talks aimed at finding [...]
The European Commission (EC) has approved a Spanish recapitalization scheme for banks aimed at enhancing the strength and solvency of credit institutions so that they are able to provide credit normally and that confidence in the national financial system can be maintained.
Reportedly, after a decade long boom, nearly 50 unlisted Spanish savings banks had failed [...]
