Month: December 2011

Facebook cited in a third of divorces in the UK

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becoming more popular with 33% of behaviour petitions in 2011 contained the name of the social network, which is an increase from 2009, when only 20% contained the same word. UK divorce website Divorce-Online carried out the survey with 5,000 people in both 2011 and 2009, with Facebook relating to spouse’s behaviour with the opposite sex, and spouses using the website to make comments about their exes after separation. The top three reasons for listing Continue reading Facebook cited in a third of divorces in the UK→

Rescued Spain Banks Paid Directors $104 Million, Expansion Says- Bloomberg

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Seven Spanish savings banks that were bailed out with public money paid their directors almost 80 million euros ($104 million) in basic salaries this year, Expansion reported. Former International Monetary Fund head Rodrigo Rato was the highest paid, earning 2.34 million euros as chairman of Bankia SA, the newspaper said, citing Bank of Spain figures. Any bonus that Rato or the other executives earn on top of their salaries must be approved by the central Continue reading Rescued Spain Banks Paid Directors $104 Million, Expansion Says- Bloomberg→

Spain names site for delayed nuclear waste dump

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NkSpain’s incoming centre-right government named a site on Friday for a nuclear waste dump, a decision that had been long delayed by its Socialist predecessors amid protests by residents and regional authorities. The industry ministry chose Villar de Canas -135 km (84 miles) southeast of Madrid – for the Temporary Centralised Store (ATC in Spanish) which it said will bring 300 jobs to the town of 400 people. http://mobile.reuters.com/article/idUSL5E7KN2OW20111230?irpc=932 Posted from WordPress for Android – Continue reading Spain names site for delayed nuclear waste dump→

Things worse than we thought – government rises taxes, admits public deficit is 8% and makes public workers work harder

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The new government of Spain has announced today, in its first round of emergency budget revisions after the recent general elections, that the real level of Spain’s public deficit is at 8% of GDP, not the 6% said by the outgoing socialists, and almost double the EU’s maximum limit. In a first emergency budget modification announced today, Rajoy’s government has rised personal income tax, ranging from an increase of just 0’75% for the lowest level Continue reading Things worse than we thought – government rises taxes, admits public deficit is 8% and makes public workers work harder→

Spain’s monarchs reveal finances for first time

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Spain’s royal family publicly revealed its finances for the first time Wednesday, as the nation faces an economic crisis and corruption allegations bring increased scrutiny to the monarchy. King Juan Carlos receives 292,752 euros ($382,743) annually, the royal palace said in a statement. Prince Felipe, next in line to the throne, receives about half that amount Queen Sofia, Princess Letizia, Infanta Elena and Infanta Cristina received a combined total of 375,000 euros for royal duties Continue reading Spain’s monarchs reveal finances for first time→

Come clubbing to Mojacar, says Thomas Cook! No, not really.

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Thomas Cook has re-launched Mojácar as a “clubbing destination” according to their advert here. “Book a clubbing holiday in Costa Almeria today and get ready to party like you’ve never partied before!” screams the webpage.”Thomas Cook offer a wide range of options for you to stay on your Costa Almeria clubbing holiday, so you can crash at night (or the next morning) in a comfortable place that won’t cost the earth.” Despite the exciting text, Continue reading Come clubbing to Mojacar, says Thomas Cook! No, not really.→

Spain “is in a new recession” admits new government

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The new Minister for the Economy, Luis de Guindos, has said today that Spain is currently in a recession, and is likely to continue with negative growth at least until the middle of 2012. The shocking admission from the new government comes as it prepares the nation for a massive, sweeping round of cuts this Friday 30th. Rajoy has said he will cut some 16,5 billion euros from the budget for next year, freeze salaries Continue reading Spain “is in a new recession” admits new government→