Posted on August 26, 2009 by Spanish Property News Celestino Corbacho, Spanish minister of employment Bank greed is the “indisputable origin” of Spain’s property crash, according to Celestino Corbacho, Spain’s Minister of Employment. “As the financial sector is always telling labour markets what they should be doing I am going to remind it of something; [...]

Over the last eight months or so retired (longer than that now) people living in Spain have been finding it increasingly difficult to make ends meet, caused mainly by the £ versus the € exchange rate fluctuations. The weak Pound has effectively wiped nearly 25%  (and now more than that 26/01/09 ) off the value of UK [...]