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The Banco de España as we know it today was founded in the late 18th century. Since then it has witnessed, and occasionally taken a leading role in, political, economic and social developments in Spain.

The following are some of the landmark events in its history:  Read more »

In the first five months of 2012, the trade deficit fell by 20.9% year-on-year to 15.94 billion euros and trade exports increased by 3%. A non-energy surplus of 1.56 billion euros was recorded in May, the highest since 1995.

The energy deficit increased by 16% while a non-energy surplus of 3.87 billion euros was recorded. The rate of coverage (percentage of imports that can be covered by exports made in the same period) stood at 85.1%, 3.7% higher than in the first five months of 2011.

In this period, Spain exported goods worth a total of 91.11 billion euros, up 3% on the first five months of 2011. This figure points towards a consolidation, even a certain improvement, on the exports recorded in 2011 versus those in 2010. In turn, Spanish imports decreased by 1.4% year-on-year to a total of 107.05 billion euros. Read more »

EXPATS are being warned they could be hit with hidden taxes when legalising undeclared assets as part of an amnesty.

Under the terms of the Spanish government initiative, individuals and businesses will be required to pay 10 per cent of the value of their assets or cash.

But one Costa del Sol-based legal firm is warning Britons they could be subject to additional charges on certain possessions, which must be declared by November 30. Read more »

There’s no better way to dissect the how-tos of branding than to dig deep into the companies everybody knows and trusts. To accomplish this, Entrepreneur teamed with The Values Institute at DGWB, a Santa Ana, Calif.-based think tank that focuses on brand relationships, on a consumer survey that explored the reasons some brands manage to stay on top. Read more »

According to the Spain Government, Ministry of Public Works, data relating to the housing rental market, there are one million eight hundred thousand homes in rental and 3 million of empty homes in Spain.

For the purpose of promoting the housing rental market, several measurements for the flexibility of the Spanish market, according to preliminary draft Spanish law “Anteproyecto de Ley de Medidas de Flexibilización y Fomento del Mercado de Alquiler de Viviendas” 11th  May 2012,  have been implemented. Read more »

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