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Spanish financial corruption
By special request, Peter B. Meyer .In short; Spanish society is riddled by corruption, at every level, from government down to the municipalities and below. Most of those scandals were initiated by payments from constructions companies to obtain favours, licences and contracts for large projects. ...more
Growth of Spanish time banks
Necessity is the Mother of Invention and as many people across Europe feel the financial pinch they are looking at age old ways to survive. In November TEK reported that in Greece the Barter System was experiencing a resurgence in popularity. Goods, services and skills were being traded. A local catches a couple of fish and trades those with a small holder who has some spare eggs. Perfect but not for government coffers..more
7 killed in Spanish flash flooding
You have to feel for the people of Spain. The people of that beautiful country have experienced wildfires, drought, violent protests, severe economic woes and now intense flooding. Heavy rain in what had been a drought hit region has caused chaos. The worst hit areas are reported to be the Mediterranean provinces of Malaga in the south and Murcia and Almeria in the southeast of Spain. More Here
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Spain, violent protests, Tornado damage and flood deaths
 (Denis Doyle/Getty Images)
Spanish woes continue. The death toll from severe flooding has risen to 10 and one woman, believed to be a Brit, is missing. Added to this parts of Spain experienced a Tornado yesterday. It hit a fairground, knocking over a Ferris Wheel and lnjuring 35 people. Across Spain, in Madrid, disgruntled and disheartened Spaniards took to the streets to protest the latest austerity measures. More Here
Growth in Time Banks, Spain
Necessity is the Mother of Invention and as many people across Europe feel the financial pinch they are looking at age old ways to survive. In November TEK reported that in Greece the Barter System was experiencing a resurgence in popularity. Goods, services and skills are being traded. A local catches a couple of fish and trades those with a small holder who has some spare eggs. Perfect but not for the government coffers.More Here
Severe pain in Spain
By Peter B. Meyer – July 16, 2012
Rajoy is committing political suicide: Announcing his 4th austerity package since Nov. 2011, when he came to power. This 4th time he raises VAT sales tax from 18 to 21%, further scrapped tax rebates for home buyers, and reduced unemployed benefits, with further cuts for students and pensioners. These measures are double the previous ones. Now the average household in Spain pays an extra of €900/annum related to the increased sales tax, More Here |
