For the EU, the Spanish Economy has been in “special measures” since February 2009, with the EU Council subjecting the country to an excessive deficit procedure, with a requirement for its deficit to be reduced to below 3% by 2012. That deadline has been extended four times due to “major unfavourable consequences for government finances resulting from unexpected adverse economic events” – i.e the “crisis” we’ve all been very aware of, but today the EU has announced that Spain’s economy is now “corrected”, with the excessive deficit reduced below 3% of GDP. Spain is on the mend, and officially, as far as the EU is concerned, in a “sound fiscal position”.

Source: Janet Anscombe 

Los Cristianos wine and food festival 2019

Los Cristianos wine and food festival 2019

Arona Ayuntamiento says that this year’s Los Cristianos wine and food festival will be held at the Plaza Pescadora on the Paseo Marítimo around the harbour between 12 noon and midnight on Saturday 23 November. There’ll be Canarian wine on offer with traditional tapas,...

We will remember them

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    Photo: Royal British Legion. Tomorrow, it will be 101 years since the end of WW1, but it is today when church and civil services will be remembering those who died in the Great War, the war known as the war to end all wars. Those years are nothing in terms of...

Christmas in Tenerife 2019-2020

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