HIFX Exchange Rate Commentary

Attached below is the April 2008 Sterling - Euro exchange rate commentary from leading currency specialists HIFX. An understanding of exchange rate movements is critical for Sterling denominated purchasers, and only small % movements could add significantly to the cost of purchase... More »

Interest Rates Held On Inflation Fears

European Central Banks and the International Monetary Fund (IMF) joined in unison yesterday to highlight fears of inflation for global economic growth. Both the European Central Bank (ECB) and the Bank of England's Monetary Policy Committee (MPC) kept interest rates on hold in the face of persistent global inflationary pressures.... More »

Spanish Inheritence Tax / Succession Tax

Spanish inheritence tax is a complicated business based on the different relationships between the donor and the receiver. Particularly at risk are unmaried couples and step children.... More »

Mallorca Greens Calls on Affordable Housing Policy Review

The Mallorca ecology alliance, the GOB, believes that the Mallorca affordable housing problem can be solved using the existing housing stock and existing land designated for new development rather than reclassifying rural land as proposed by the current Autonomous Region Government for the Balearic Islands. ... More »

Spanish Economic Growth Continues to Fall

Latest statistics from the Bank of Spain indicate that economic growth during the first 4 months of 2008 has fallen short of expectations. This fall to an annual equivalent rate of 2.8% is blamed largely on external factors, specifically the international financial crisis.... More »