MALAGA GAZETTE

Showing posts with label Malaga courts. Show all posts
Showing posts with label Malaga courts. Show all posts

Friday, November 21, 2008

Members of the Chinese community, were told by friends and family to carry a 50-euro note in their hand in order to avoid possible problems with their luggage at the airport.

Posted On Friday, November 21, 2008 0 comments

Instruction Judge, number 13, has denounced 19 Guardia Civil officers for alleged bribery offences. The officers are alleged to have taken money from Malaga airport passengers to speed up or skip the customs process. An Asian passenger has also been accused of paying the officers to allow him to take food through customs.The defendants were all arrested in February, 2006. Some of the officers are charged with allowing the transit of foodstuffs which are banned due to security measures implemented to prevent the spread of foot and mouth disease and bird flu.It has been revealed that some passengers, especially members of the Chinese community, were told by friends and family to carry a 50-euro note in their hand in order to avoid possible problems with their luggage at the airport.


Wednesday, April 09, 2008

Spain has a bigger real estate bubble than “even America”.

Posted On Wednesday, April 09, 2008 0 comments


“The real estate bubble is bigger than most European countries, even bigger than the one in the United States,”
“The real estate bubble is bigger than most European countries, even bigger than the one in the United States,” Alan Greenspan explained. “In that sense one would have to presume that there is more vulnerability.”His prognosis comes as it emerged that at least one leading bank, Cajasol, is refusing to fund new constructions on rural land and in particular new golf course schemes.In further proof of the property slowdown, new statistics show that property prices have gone down by up to 10 per cent in a number of Andalucian areas.In the worst slump for ten years, the Guadalhorce towns of Alhaurin el Grande and Alhaurin de la Torre have seen a drop of as much as 13 per cent over the last year.
In comparison with 2007 figures there have also been falls of nearly seven per cent in Antequera. Rincon de la Victoria has seen a drop of 10.3 per cent and Mijas has dropped by 6.2 per cent.The Eastern Costa del Sol in general has seen a property price slump of nearly five per cent.While the Western coast has managed to achieve a rise of five per cent, an estate agent on the coast – and even inland in Ronda, which has seen a rise of 9.8 per cent – admit that prices have actually fallen in real terms.The study carried out by real estate company Salvago estimated that prices will not recover until at least the end of 2009.In the interview with Spain’s leading newspaper El Pais, Greenspan particularly singled out Spain as being an economy in danger of being harder hit by the current economic slowdown.He said that other European economies, such as France and Germany, were “going well”, although with modest growth.He added that the UK had also developed positively and could avoid major recession if the right regulations are put in place.Greenspan’s sombre warning is reinforced by recent figures from the Malaga courts on the high amount of home owners who defaulted on their mortgage repayments.By the middle of March, court officials confirmed that they had already received some 155 cases which amounts to half of the total number of cases registered in the whole of last year.
Banks normally wait for three months before taking cases to court and even then all efforts are made to avoid repossession.


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