JimenaPulse

About Jimena de la Frontera, the province of Cadiz and Spain as a whole, focused on this small village in the mountains

Archive for MONEY

€240 million for Campo de Gibraltar

PresupuestoGeneral(Agencies) The Budget for 2010, presented on Monday in Madrid by Elena Salgado, Second Vice-President and Minister for Economy (photo), and subject to much negotiation, includes a total of €239,930,290 for the Campo de Gibraltar. Most of the money (58%, or €140,824,000) would be scheduled for the Algeciras Port Authority. And most of that (€73,461,000) is destined for a new container terminal at Isla Verde.> Read the rest of this entry »

ANOTHER CREDIT CRUNCH

Credit Crunch An earlier post sent you to David Eade’s blog for an article that referred to the credit crunch. This picture (click to enlarge) was sent in by our faithful correspondent Capricious, which offers yet another angle on things as they are today…

There are plenty of jokes about on the global financial mess, but perhaps the saddest note thus far is the man in Los Angeles, California, who shot his two children, his wife, his mother-in-law and then himself because he had lost everything in the Wall Street mess.

READER’S QUESTION

euro-money-pile This came in via e-mail. Can anyone answer the question (which doesn’t arise for Prospero)?

Hi Prospero
You will be aware that savings of up to 35,000 (sterling) in UK bank accounts are guaranteed by the UK government so you should get your money back if the bank fails (a very real possibility at the moment).
Do you (or any of your readers) know if there is a similar arrangement in Spain or should we all immediately transfer our meagre savings back to the UK?
Simon

Follow

Get every new post delivered to your Inbox.