Day: April 23, 2012

Ryanair increasing prices on Spanish flights

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Ryanair has warned passengers booked to fly to Spain this summer that they may face extra charges. The airline has emailed passengers due to fly from Spanish airports to warn them they face paying the cost of an increase in Spain’s airport fees, proposed in the country’s Budget. The message says: “We may be forced to debit passengers for any government-imposed increases in airport charges prior to your travel date”. The message cites its rule Continue reading Ryanair increasing prices on Spanish flights→

Get your Olympic tickets! Unwanted Spanish tickets to be flogged on the open market

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Thousands of coveted Olympics tickets will be made available today after Spain admitted it cannot sell its generous allocation. In a farcical development which will infuriate ticketless Britons, the recession-hit country has been left with stacks of unwanted tickets – even for the opening and closing ceremonies and men’s 100 metres final. The Spanish Olympic Committee initially offered the tickets through the Fnac music and books store chain but, after several months, only a handful Continue reading Get your Olympic tickets! Unwanted Spanish tickets to be flogged on the open market→

Yup, it’s a recession all right

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Spain is officially in a recession after the latest economic data shows that the economy contracted 0.4% last quarter, the second quarter in a row. Which is the official definition of a recession. And the government is expecting a further contraction of 0.5% for this quarter. All this, ontop of the unemployment – now 24% of the active population – after another 290,000 people lost their jobs in the first three months of the year. Continue reading Yup, it’s a recession all right→