Reyal Urbis continues under negotiation to refinance its debt
Tuesday, 19 January 2010 09:22

Reyal Urbis continues under negotiation with several financial institutions to adapt its business plan to market circumstances and to obtain debt refinancing of about 4,800 million which it currently holds and to avoid the risk of insolvency proceedings.

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LA COSTA DEL SOL (MALAGA) MAINTAINS ITS LEADERSHIP IN THE NATIONAL TOURISM MARKET ABOVE OTHER PLACES
Monday, 18 January 2010 08:55

The chairman of Provincial Tourism 'Costa del Sol', Salvador Banner, together with the managing director of that institution, Ana Gomez, have submitted the report "National Market 2009'. The event also served to focus on the activities of the Board for the occasion of the International Tourism Fair (FITUR) 2010.

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First Real Estate Fair in Madrid will offer homes with discounts up to 40%
Wednesday, 13 January 2010 11:00

Over a thousand homes with discounts of up to 40% will be offered at the First Real Estate Fair in Madrid to be held on the next 22 to 23 January. The list of homes to be offered has been established in October last year, and since then more than 1,800 people have registered to sell homes at the Fair.

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Spain and Andorra agreed to exchange tax information of Spanish residents
Thursday, 14 January 2010 16:33

The agreement applies only in "specific cases" and will be the beginning of a future treaty on double taxation. The Second Deputy Prime Minister and Minister of Finance, Elena Salgado, and the head of the Government of Andorra, Jaume Bartumeu, have signed an agreement for the exchange of tax information between the Kingdom of Spain and the Principality of Andorra.

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2010, a year loaded with tax changes for investors
Tuesday, 12 January 2010 08:34

On January 1 the State Budget Law for 2010 came into force, which includes some new developments with regard to taxes. The modification which will have greater impact on financial markets is the rising rate with regard to the savings income, from 18% to 19% for the first 6,000 euros and 21% for the rest (it had so far a single overall of 18%).

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Los Monteros Platform

Los Monteros

The Hotel Los Monteros from Marbella, Spain filed for voluntary insolvency (concurso voluntario de acreedores). Anyone wishing to register as a creditor of the firm Los Monteros needs to contact the Commercial Court of Málaga within a period 30 days as from the publication in the Spanish Official State Gazette (BOE) of the application of insolvency. Read More

Aifos Platform

Aifos

The firm AIFOS from Spain filed for voluntary insolvency (concurso voluntario de acreedores). Anyone wishing to register as a creditor of the firm AIFOS needs to contact the Commercial Court of Málaga within a period 30 days as from the publication in the Spanish Official State Gazette (BOE) of the application of insolvency. Read More

Garasa Platform

Garasa

The firm GARASA from Spain filed for voluntary insolvency (concurso voluntario de acreedores). Anyone wishing to register as a creditor of the firm GARASA needs to contact the Commercial Court of Málaga within a period 30 days as from the publication in the Spanish Official State Gazette (BOE) of the application of insolvency. Read More

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