Bloody good idea by shops in Almería city

The Asociación de comercios del Casco Histórico del Almería, an association of shops in the centre of the city, has had a damned good idea to get people out and about and spending cash in the city. They’ve negotiated some very cheap rents on a couple of empty shops in the centre – by their own admission, there are enough empty locales going around – and are setting them up as outlet stores. All members Continue reading Bloody good idea by shops in Almería city

The Junta encourages visitors to enjoy our many tourist attraction (whilst you can)

How lovely. So, after spending umpteen millions in getting people over here (did I tell you about the flashy “I love españa” and “come to Andalucia” signs on London double decker buses I saw last week? No? I wonder how much they cost) the Junta has decided to save a few pennies by closing down tourist attractions (so there’s nothing cultural to do once the poor sods arrive). The Alcazaba in Almería will now close Continue reading The Junta encourages visitors to enjoy our many tourist attraction (whilst you can)

Cajasur slips beneath the surface… only a few bubbles left

Normally, when a bank collapses, you hear a lot about it. TV images of people queuing to get their money out. Maybe a riot. Not, however, over the weekend when Cajasur, the savings bank owned and operated by the Catholic Chuch in Cordoba, quietly gave up the ghost after, amazingly, walking away from a rescue deal offered by Unicaja. Madrid quietly shut off the life support machine on Saturday, and a few grieving relatives had Continue reading Cajasur slips beneath the surface… only a few bubbles left

Couple of new tax benefits for new workers…

In order to help get the job market moving, a new measure from the Government says that: Unemployed with children now entitle any employer who gives them an indefinate contract (full time) with a €1,500 annual deduction in Social Security payments (for two years). Unemployed people who register as autónomo (self employed) can, as a once off, pull up to 60% of their unpaid unemployment benefit to offset start up costs (instead of the previous Continue reading Couple of new tax benefits for new workers…

Unemployed to get mortgage holiday

The unemployed, low earning autonomos (self employed) and widows are now eligable to request a mortgage holiday to ease off on payments. You can request a “holiday” on up to 50% on your monthly payments (added on, interest free, to the end of the mortgage) if: you took the mortgage out before 1st Sept 2008; the total mortgage taken out was less than €170,000; you are fully paid up with the mortgage. and you are: Continue reading Unemployed to get mortgage holiday

You can tell there is a recession on because…

…all government press releases on projects contracted suddenly have the expected number of jobs created included in a prominent position. I.E.: “The Junta announces an improvement project for the Huercal Overa – Pulpi road. Costing 13,5 million euros, and expected to last 30 months, this project will create 236 jobs (137 directly and 99 indirectly)”. See Story. How do they calculate “indirect jobs”? Working out how many waiters, chefs and prostitutes are needed to service Continue reading You can tell there is a recession on because…

Unemployed to have their mortgage payments reduced by 50% for 2 years

“El Presidente”, D. José Luis Rodríguez Zapatero, has just announced a moratorium on up to 50% on the monthly mortgage repayments for unemployed or self- employed (autonomos) but with no income people who have paid off more than 4 years of their mortgage. As I understand it, it means unemployed heads of families who have paid off more than 4 years of their mortgage can apply to have their monthly repayments cut by up to Continue reading Unemployed to have their mortgage payments reduced by 50% for 2 years