The future for ex pats

Post reply   Start new thread
:: New - Old :: Old - New

Pages: 1 | 2 | 3 | 4 | Next |

Forum home :: Latest threads :: Search forums
The Comments
16 May 2012 22:20 by Ange1 Star rating. 4 posts Send private message

Hi everyone I was wondering if anyone could shed some light on the situation regarding health care for ex pats and retired ex pats if the worse comes to the worse and the euro collapes.

 


 


This message was last edited by Ange1 on 16/05/2012.



Like 0 Dislike 0       | Dislike
17 May 2012 00:06 by jaldridge Star rating in Manilva. 4827 posts Send private message

jaldridge´s avatar

When you say "collapses" do you mean Spain leaving the Euro or the value of the Euro going down dramatically?

Either way, I don't think it's something we really need to worry about.  Spain is not like Greece and I would eat my shorts if Spain ever even contemplated leaving the Euro.  They have too much to lose. 

And if Greece leaves the Euro, as always, yes it may take an initial hit but I doubt all the Euro countries would sit back and let that affect their economies.

Just my 2 cents (not 2 pesetas )



_______________________

Justin

EOS Team




Like 0 Dislike 0       | Dislike
17 May 2012 09:35 by D_B_S Star rating. 179 posts Send private message

The future for ex-pats is good.

For the Spanish maybe not so good.

Spain isn't Greece where a run on the Banks sems to have started as 4Bn Euros has been taken out of the Banks since monday.

It'll be interesting to see how the Central Bank funds the Spanish Banks and will the Banks admit to the true value of the debt associated with property.

David



_______________________

 

 




Like 0 Dislike 0       | Dislike
17 May 2012 09:46 by johnzx Star rating in Spain. 3374 posts Send private message

These are a few paragraphs from a newsletter which I edit:-  
 
Many municipalities have accepted a plan under which the government will pay their suppliers for them. The municipalities will re-pay, with interest added. For some town halls, the period of repayment will be long. A municipality in Guadalajara has accepted the offer and will pay back over a period of 7,058 years; another in Teruel will be paying for 462 years.
 
An organisation called Landsbanki Victims Action Group reports that 400 foreign property owners face financial ruin after joining an ‘equity release scheme’ promoted by the now defunct Landsbanki Luxembourg. The owners were given loans of 25% of the market value of their property, withthe remaining 75% being invested in an investment portfolio managed by the bank.
 
Last week the government decided to take over BFA (the mother of all banking messes) and thereby 45% of Bankia, providing the funds ‘strictly necessary’ to clean up the group. The government believes that this operation may amount to between 7,000 and 10,000 million euro (from the pockets of tax payers). When the auditors look seriously into the value of the real estate assets, it may prove to be considerably more.
 
The European Commission has now demanded that Spain put its cards on the table, reporting on the situation of the Spanish banks. Grumbling, the Spanish government has accepted, forcing the banks to transfer their toxic assets to specialised companies, setting off more money as provisions for failing loans, and accepting the hiring of outside experts to verify the reports of the banks. Strong medicine, so strong that the patient may die…..
 
 
And finally, is this an indication of Spain’s future ?
 
Valencia is offered one-week courses at a cost of 100 euros, to prostitutes or those considering going into the profession, which include information on legislation, economic analysis of the profession and sexual techniques.

PS As I said,  I did not write this, but only edited it for the publisher.



_______________________





Like 0 Dislike 0       | Dislike
17 May 2012 12:36 by maddiemack Star rating in Grantham, Lincolnshi.... 202 posts Send private message

OMG Does that mean you'll have to have a prostitution certificate that you have to show to clients before you can take their money?  And if you haven't a certificate, are you 'trading' illegally?  Or perhaps you can't charge so much?  Of course, prostitution is on the rise in Spain as there are fewer jobs available....but is there a rise in client numbers, or will prostitutes have to share the clients among themselves or compete for business?  lol    The mind boggles!



_______________________




Like 0 Dislike 0       | Dislike
17 May 2012 13:59 by johnzx Star rating in Spain. 3374 posts Send private message

 

No problems in Spain ?????
 
THE National Police telephone service for placing a denuncia (902 102 112) is temporarily unavailable due to the service provider filing for bankruptcy according to Spanish Press.

“The payments for this are all up to date with the service provider” and that the company were forced to file bankruptcy ‘because of business problems’ causing this to suspend the service according to Police sources.

National Police are making all possible efforts for the telephone service for placing a denuncia to have the service resume as soon as possible according to the authorities (Direccion General).

 

 


This message was last edited by johnzx on 17/05/2012.

_______________________





Like 0 Dislike 0       | Dislike
17 May 2012 16:01 by trowell1 Star rating. 125 posts Send private message

Hi All

It seems to me that prostitutes have more legislation and economic  "technique" than the banks.

I just got shafted by the banks

Regards





Like 0 Dislike 0       | Dislike
17 May 2012 16:02 by Sanchez1 Star rating. 818 posts Send private message

THE National Police telephone service for placing a denuncia (902 102 112) is temporarily unavailable due to the service provider filing for bankruptcy according to Spanish Press.

Oh dear.  It really does feel like things are starting to collapse in Spain.  The latest Bankia news not looking good either...



_______________________

Read my blog: Spain Money Saving Tips and Offers 

Free money transfers, 0% commission with TransferWise.

 

 




Like 0 Dislike 0       | Dislike
17 May 2012 16:37 by georgia Star rating in Algorfa (As seen on .... 1918 posts Send private message

Vip Supporter

georgia´s avatar

 The way i look at it is.....the world is in turmoil.....where would i rather be to suffer this???

Spain hands down i am afraid..........

 



_______________________

Our new updated website is now live!!!!!!

www.algorfarealestate.com 

http://www.facebook.com/algorfarealestate?ref=ts

 

 




Like 0 Dislike 0       | Dislike
17 May 2012 16:39 by Poppyseed Star rating. 887 posts Send private message

DBS, 'Spain isn't Greece where a run on the Banks sems to have started as 4Bn Euros has been taken out of the Banks since monday'

Could this be the start?

http://www.dailymail.co.uk/news/article-2145764/Run-nationalised-Spanish-bank-sees-customers-withdraw-1BILLION--French-government-slashes-pay-30.html



_______________________

Poppyseed




Like 0 Dislike 0       | Dislike
17 May 2012 16:51 by guslopez Star rating in Lorca, Murcia.. 749 posts Send private message

My bank just keeps buying up more !!

http://www.reuters.com/article/2012/03/26/us-caixabank-civica-idUSBRE82P0XI20120326



_______________________

Todos somos Lorca.




Like 0 Dislike 0       | Dislike
17 May 2012 23:58 by D_B_S Star rating. 179 posts Send private message

Poppysead,

what a difference a day makes.

It's difficult to keep up with the changes associated with the Euro.

Since I left Europe last October the whole system seems to be creaking.

It's difficult to understand what it must be like to live in such an environment when we have growth, no government debt, low unemployment and the Sun shines 300+ days a year.

David



_______________________

 

 




Like 0 Dislike 0       | Dislike
18 May 2012 10:29 by guslopez Star rating in Lorca, Murcia.. 749 posts Send private message

johnzx;

Valencia is offered one-week courses at a cost of 100 euros, to prostitutes or those considering going into the profession, which include information on legislation, economic analysis of the profession and sexual techniques.

Have you got a link to this article please ?



_______________________

Todos somos Lorca.




Like 0 Dislike 0       | Dislike
18 May 2012 11:01 by Abyss_Rover Star rating in Mallorca. 74 posts Send private message

http://ibnlive.in.com/news/spanish-firm-offers-course-in-prostitution/256911-2.html

 

and

 

http://www.dailymail.co.uk/news/article-2141707/Spanish-company-offers-professional-prostitution-courses.html#ixzz1uNwZH8BY

 

There must be some spare cash floating around, supply and demand?



_______________________

www.finditfme.com The new, advanced way to find what you are looking for.




Like 0 Dislike 0       | Dislike
18 May 2012 11:01 by Pitby Star rating in Andalucía. 1919 posts Send private message

Pitby´s avatar

 It is a company in Valencia offering the course (as opposed to any official government authority) - an article here.



_______________________



 




Like 0 Dislike 0       | Dislike
18 May 2012 11:49 by D_B_S Star rating. 179 posts Send private message

http://www.bbc.co.uk/news/business-17753891

The link gives a good overview of the problems facing Spain and Europe.

Expats can go home not sure what the Spanish can do.

Thats what I did to escape the 'bad vibes' of Europe.

David



_______________________

 

 




Like 0 Dislike 0       | Dislike
18 May 2012 13:22 by sunny Star rating. 14 posts Send private message

 

Hi All,

 I have to send some money out to spain before end of month shall i send out now or wait and see what happens over the next few days to benefit the most.  

regards





Like 0 Dislike 0       | Dislike
18 May 2012 14:32 by Team GB Star rating. 685 posts Send private message

Team GB´s avatar

Sunny

If we knew the answer to that one we could all be vey very rich

At the moment the rise of the pound seems to have stalled at 1-25, on one hand you have the continued bad news from Europe pushing it up and on the other you have investors talking profit from the recent rises pushing it back.

If it was me I think I would do it now and then not look at it for a few weeks, I've been caught out before by waiting to long.

 



_______________________

 

 




Like 0 Dislike 0       | Dislike
19 May 2012 07:07 by chrisr Star rating. 1 posts Send private message

The Spanish banks still aren't learning much. We've just had 75€ taken from our account in ´management fees' and 'commission' with no notice as usual. On top of that, having suffered like so many others from the poor exchange rate for the last 3 or 4 years, we asked if the bank could help out at all, maybe with a period of interest-only repayments.

Of course we can, said the manageress. Of course, there will be a charge. About 600€ for notary and 'management' fees to change the mortgage, a house valuation and credit check and proof of income are also required. Oh yes, and they will add 2.25% to our current interest rate.

And you guessed it, another 600€ when we switch back to normal repayments. Oh, and the extra 2.25% on the interest rate would remain for ever.

I haven't stopped laughing yet. They actually thought they were doing us a favour! We'll find the money somehow to carry on with the payments.

Unlike other posters (and the bank manageress) I think that Spain will have no choice but to leave the Euro once the true scope of the banks' deceit and toxic debt comes to light.





Like 0 Dislike 0       | Dislike
19 May 2012 08:16 by D_B_S Star rating. 179 posts Send private message

chrisr,

governments provide regulation frameworks for Banks.

government devalued Sterling.

Now that government 'own' a Spanish Bank they have engaged governments friend Golden Sacks (Goldman Sachs) to value the assets. They are good at that as they are the Bank that enabled Greece to meet entry criteria to the Euro.

Banks are businesses and will do almost anything to help you our providing you are willing to pay. Governments allow them to work in this way through the regulations.

Governments arefor the most part elected by the voters - so maybe we are all to blame?

Just a thought - enjoy your weekend.

David



_______________________

 

 




Like 0 Dislike 0       | Dislike

Pages: 1 | 2 | 3 | 4 | Next |

Post reply    Start new thread
Share it!


Previous Threads

Internet and lines for everyone no matter where you are - 4 posts
Swap / part exchange - 2 posts
Honda 5.5HP Engined Petrol Lawn Mower - 1 posts
Range Rover Thule Roof Bars - 0 posts
2 Ikea Loft Beds For Sale - 0 posts
catching crays - 0 posts
Ole Internet in Playa Flamenca - 0 posts
BMI BABY Demise - 2 posts
Moving to rural Spain. - 5 posts
Electricity Supply - 3 posts
Juzgado de Estepona - 9 posts
Eye on Spain property for sale - 13 posts
Legal tip 758. More Case Law on Bank´s liabilities for off plan refunds 15 May 2012 - 7 posts
Kindle wanted - 1 posts
Not much time left on my British passport - 4 posts
Looking at a move. - 1 posts
park home swap for narrowboat - 0 posts
Auriga Crown- San Javier - 4 posts
60ft Narrowboat - Spanish Home Swap - 2 posts
Euro predictions - 13 posts
Bringing Uk car to spain - 3 posts
casares town hall under investigation - 0 posts
Satellite Dish and Gas Fire for sale - 0 posts
Problems with Teleast again.. - 6 posts
Fold up Bikes for sale - 1 posts

Number of posts in this thread: 75

DISCLAIMER:  All opinions posted on these message boards are the opinion solely of the poster and do not necessarily reflect the opinion of Eye on Spain, its servants or agents.


1 | 2 | 3 | 4 |
Our Weekly Email Digest
Name:  
Email:
   
Compare car hire in Spain