Economy and Politics Articles
Alistair Spence Clarke 07 June 2013
I was enjoying a
pleasant lunch overlooking the paseo marítimo in Marbella in the company of
Max, a client of many years.
We were reflecting on
how wonderful life is in Spain and remembering the dismal weather and general
greyness of our previous existences in the Northern climates.
Alistair Spence Clarke 03 October 2011
Many will remember that happy day in December 2008 when the Spanish Government eliminated Wealth Tax, or so it was thought...!
The idea in 2008 was to make Spain a more attractive economy and do away with an archaic tax that has its roots in 1977 when inflation and interest rates were in double fig...
Miguel Ángel Blanca Prieto 02 March 2010
The Spanish Government, currently the PSOE which is the main centre left party, announced on 1 March 2010 a number of proposals to stimulate the creation of employment and the economy in general. The main proposal is to incentivise property refurbishment which the Government believes will create 350...
Alistair Spence Clarke 25 May 2010
The new PGOU (Plan General de Ordenación Urbanística) for Marbella has its origins in the Andalucia land zoning law LOUA (Ley de Ordenación Urbanística de Andalucía. Ley 7/2002, of 17 December).
The new PGOU incorporates the necessary regulations and plans to bring Marbella's infrastructure up to d...
Alistair Spence Clarke 01 June 2010
The Royal Decree-Law 6/2010 includes a number of measures to stimulate the recovery of the Spanish economy and employment.
Amongst these measures Government has decided that the ICO (Instituto de Crédito Oficial - the State's own credit organisation) should grant loans directly to small businesses,...
Alistair Spence Clarke 26 September 2010
These loans started on 15 June 2010 and will run until 31 December 2011. Small companies and self employed could now be able to receive finance easier from ICO than a bank. This is because you can now deal directly with this entity without the intervention of any bank. As it is the ICO institution a...
Alistair Spence Clarke 30 October 2011
If only politicians could create reality. If only.
France's top man, praised Spain's political leaders for their "enormous efforts" and "responsibility" in taking steps to reduce the country's deficit and allay the fears that Spain will follow Greece into the abyss of default.
When I read this in ...
Alistair Spence Clarke 28 November 2011
The last property crash in Spain happened in the early 1990s, at a time when the internet did not exist and so the authorities were able to keep a lid on the real story. These days, with the internet providing such a rich source of commentary and information, the authorities can no longer hide their...
Alistair Spence Clarke 23 May 2012
Let's face it; these bad debts didn't arise overnight.
They have been fermenting for years.
Apart from a few blogs in the US about the performance of US auditors in the run up to the Lehman banking crisis, I have found nothing in my googling that even raises the issue of the performance of the aud...
Alistair Spence Clarke 18 November 2011
On Sunday, the Partido Popular, the centre right political party is expected to romp home with an overall majority of the 350 member Congress of Deputies, Spain's lower legislative house.
The newspapers predict that the elections, that use the d'Hondt system of proportional representation, will giv...