Category: Spain
The analysis published under this category are as follows.Wednesday, January 20, 2010
Forget Deflation this is Stagflation / Economics / Spain
Well, this is a pretty pass. Deflation in all things except inflation...
THEY WERE SUPPOSED to avert depression. The Bank of England continues to tout their "success".
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Thursday, July 23, 2009
A Warning from Spain About the House Price Crash / Housing-Market / Spain
David Stevenson writes: Almost every day, it seems, someone else wants to tell us the housing market's picking up.
On Tuesday, even the taxman had a go. Apparently the number of British homes sold (for more than £40,000) was up 15% in June compared with May.
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Thursday, May 24, 2007
Spain Sells Its Foreign Reserves, Savings Spent? / Economics / Spain
The Banco de Espana's holdings of foreign currencies and gold have fallen to €13.2bn (£9.02bn), equivalent to 12 days of imports, according to their website. Last week saw a continuation of their sales of gold of, possibly, in the region of 10 to 15 tonnes more.
Over the past two months the Banco de España has sold off 80 tonnes of gold.
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