EU worry over Spain eases

The incipient panic about Europe's debt crisis seems to have subsided into mere pessimism this week, with the euro rebounding and investors encouraged by political leaders' new willingness to take quick action to calm market fears.

The big underlying issues haven't been erased: Spain is still dogged by speculation it may eventually need a rescue plan similar to the bailout already given to Greece. And many governments are cutting back on welfare programs and other spending to chip away at their heavy debt burdens — and sometimes facing street protests as a result.

Spanish labour reforms to lower unemployment

Spain's parliament has ratified labour reforms designed to bring down high unemployment.

Measures include promoting youth employment and cutting the cost of firing workers, which critics say makes employers reluctant to hire more staff.

Changes to the labour law follow spending cuts introduced last month in a bid to cut the large budget deficit.

Spanish property prices under pressure until 2012

The Spanish property market correction will run into 2012, with prices down by 30% in total, say ratings agents Fitch.

Spanish property prices haven’t fallen enough, according to a new report from Fitch Ratings.

Property in Spain will not recover until mid-2011

Back in 2007, Spain was partying like it was 1999 on the back of a real estate bubble. After the fiesta came the hangover, which the Bank of Spain (BoS) now says will keep the real estate sector in recession until mid-2011 at least.

La Cala de Mijas

La Cala resort is located in the municipality of Mijas on the Costa del Sol in Southern Spain.
It is a residential/recreational area located between Marbella and Fuengirola. La Cala is recognised by the Royal Spanish Golf Federation as the largest golf complex in the country. It has 60 holes of golf.

Municipality of Mijas

Mijas is a municipality located in the province of Malaga in Andalusia in Southern Spain. The heart of the municipality is Mijas Pueblo (where the town hall is located) and is located 450 metres above the mean sea level. Although a wealthy town, the village has kept its Andalusia character by maintaining itself as a white-washer village. There are building limits and all buildings must be white.

Benalmadena transformation moves into next phase

“We’re making extremely good progress with our urban regeneration and revitalisation programme,” says Mayor of Benalmádena, Enrique Moya. “We’re continuing in our efforts to enhance the social, economic and commercial dynamics of Arroyo de la Miel and beyond.

Sanitation improved on two of Benalmadena Costa's busiest beaches

Benalmádena Town Hall has undertaken a series of scheduled improvements to the drainage system on Malapesquera and Torrebermeja beaches. The work, valued at nearly 40,000 euros is to try and stop overflows from the septic tanks by the increased use of the toilet and shower facilities during the high season

Height of a building raises concern in Benalmadena Pueblo

The height of a residential building in Calle Lomilla, Benalmádena Pueblo, is once again causing concern for local residents and councillors. Members of the socialistopposition party, PSOE, held a meeting with residents to echo their dissatisfaction regarding the alleged height increase of the second phase of the Jacaranda development. PSOE spokesman, Javier Carnero, said that in 2007, work on the project was halted and the developer vowed to reduce the building by one storey and two basement levels. Carnero now accuses Jesús Fortes, the current Town Planning Councillor, of “ignoring the decree and granting the original licence regardless.”

Source: Benalmadena property news

New plans for cleaner Benalmadena Costa beaches

Rafael Obrero, the Councillor for Beaches, has confirmed the Town Hall’s intention to have “beaches in perfect condition all year round,” by putting the beach maintenance contract out to tender. The company which is awarded the job will have a budget of 550,000 euros per year for the next four years.