News and Newsletters
Please see below for all our News and Newsletters. You may also easily sign up to receive our Mallorca Property Newsletters by registering here.
Grupo Drac, Mallorca's Largest Developer, Goes Into Administration
Grupo Drac and owner Vicente Grande, Mallorca's biggest property developer, sought protection from creditors this week in the biggest sign yet that the slowdown in the Mallorca property market is taking grip.
European Inflation Hits 16 Year High
Eurozone inflation has been revised up to the highest level for 16 years and the European Central Bank's main concern now is that rising wage costs could add increasingly to the pressures created by soaring oil prices.
Spanish Property & Economy Update
The Spanish business school presented last week it's annual report on the Spanish economy putting forward another downbeat view of life both generally and specifically for the Spanish property sector
