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In 2008, the real estate market started to drop fast, and house prices decreased dramatically by 8% in that year. [20] In the period for 2007-2013, Spanish house prices fell by 37%. [21] Each year almost a million homes were built in Spain, more than in Germany, France, and England combined. [22]
The expression Spanish real estate crisis or property crisis that began in 2008 refers to the set of economic indicators (sharp fall in the price of housing in Spain, credit shortages, etc.) that, with all their severity in 2010, would evidence the deterioration of real estate expectations and of the construction industry in Spain [1] in the context of a global economic crisis and the property ...
Alicante (/ ˌ æ l ɪ ˈ k æ n t i /, also UK: /-t eɪ /, [3] US: / ˌ æ l ɪ ˈ k ɑː n t i, ˌ ɑː l-/; [4] Spanish:; Valencian: Alacant; officially: Alicante / Alacant) is a city and municipality in the Valencian Community, Spain. It is the capital of the province of Alicante and a historic Mediterranean port.
21 May – Spain recalls its ambassador in Argentina after President Javier Milei makes disparaging remarks against Pedro Sánchez and Begoña Gómez during Milei's visit to Spain. [ 14 ] 22 May – The governments of Norway , Ireland , and Spain announce they will recognise the State of Palestine as a sovereign state starting 28 May, calling ...
Cons: If you’re hoping moving to Spain will boost your career, you may need to adjust your expectations. According to InterNations’ 2023 survey, “Spain performs worst in the Working Abroad ...
Torre de la Horadada is a Spanish town located on the Mediterranean Sea with an estimated population of 2.676 inhabitants and comes under the jurisdiction of Pilar de la Horadada, which in turn has a total population of 22.967 according to the National Statistics Institute.
On 1 January 2002, Spain fully adopted the euro, and Spain experienced strong economic growth, well above the EU average during the early 2000s. However, well-publicised concerns issued by many economic commentators at the height of the boom warned that extraordinary property prices and a high foreign trade deficit were likely to lead to a ...
Spain has arrested one of its top police officers after 20 million euros were found hidden in the walls of his house, as part of a probe into the country's largest-ever cocaine bust.