May 10

Antonio Romero-Haupold, president of the Federation of Automobile Dealers (Faconauto) has warned that the drop in car sales in Spain cause “necessarily” the destruction of 30,000 jobs and insisted that the Government address the implementation of a plan to provide direct aid to the purchase will allow argues that the “resurgence” of reaching a win-win situation because the more sellers able to sell while the company overall would benefit from the aid.

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She also talked very positively to the initiative of Navarre, which is the only community that is saved from this great crisis and it is argued their implementation of the plan of aid for the purchase of vehicles has made significant positive results “Its promoters say no never have sold that much. ”

Moreover, the Catalan Federation of Venedors of Motor Vehicles (Fecavem), has used the press to demand the Catalan implement a plan of direct incentives for the renewal of cars, commercial vehicles and motorcycles in the community.

Jaume Roura, President of Fecavem express request the Government to aid of 1,500 euros for the purchase of a vehicle or commercial vehicle the delivery of new and old to a scrap, and 1,000 euro for buying a vehicle less than a year. In the case of used vehicles less than five years has proposed a subsidy of 500 euros.

It also raises incentives between 3,000 and 12,000 euros for commercial vehicles, heavy and support between 300 and 700 for motorcycles.

May 7
Investment funds are one of the best options to obtain higher yields of money to be invested and interest rates on deposits are very low simple, although the investment funds include a little extra risk to deposits have very little risk (and therefore very low profitability) are investment funds that have investments classified as investment risk, you may go to an investment fund and consult with a specialist on what investment risk moderate “investments” conservative “investments and” aggressive “and choose which one wishes to participate.

funds

What do investment funds is to organize a group of investors looking for a common purpose.

Conceptually, an investment fund is a collective investment company in which all participants receive higher returns in the amount of capital gain than on an individual basis, in other words what is done is to bring together a wealth of input from several people.

As it is possible to classify the performance of investment funds into two categories:

a) Funds .- Distribution of Income or those that are distributed on a regular basis the benefits of the institution, to shareholders via dividends.

b) Funds or Cap Growth .- What are those where the management company collects the rents and revenues reinvested in the Fund’s assets.

Some of the advantages of mutual funds is that money is easy to recover, does not require large capital (the plurality of investors means that investment is available) and there is also a very small possibility of losing the entire investment but in fact if You can lose money by investing in them.

May 5

The National Association of Credit and Financial Institutions have their data in more than 2.7 million people and 232,000 companies, including Spanish citizens on the list amounted to 2,054,000 persons while the number of immigrants reached 691,000 in arrears by a total of 2,745,000 people.

Debt in arrears to financial institutions and other companies by individuals and companies in the list of defaulters has reached 36,148 million euros in April, which means an increase of 158% over the year declared the moratorium past.

In the case of Spanish companies that are engaged in arrears, the increase was 33%, being the most affected Murcian in number as they have had an increase of 45% followed by Madrid with the balance of arrears has been declared a increase of 419%.

In the autonomous communities, Castilla-La Mancha is the region most affected by the increasing number of defaulters with an increase of 35% of Spaniards and 112% in the case of immigrants.

It was announced that delinquencies will continue to rise in coming months, managers have developed the list based on the records of loans are not returned from three months following the date of expiry of the period with data from 352 entities, including banks, savings banks and rural financial credit, and companies that manage loans for car dealerships or payment of telephone bills.

May 1

Definitely not only Spain has become an expert in destroying jobs but it seems that has become the largest specialist in destroying it, the unemployment rate has reached 17.4% and according to some statistics in 2010 to reach a 20%, deteriorating labor market is twice that of the entire European Union. In February, half of all new registered resident in Spain, now the data of March have pushed that proportion to two-thirds of this figure is alarming and even more disastrous than the average in the euro zone is 8.9% and of the EU 8.3%, Spain in a single month has succeeded in increasing their unemployment rate over nine tenths.

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Over the past 12 months are now 4.06 million people across Europe who have lost their jobs, this figure was 1.84 million in Spain.

In this situation Maria Teresa Fernandez de la Vega announced that next Wednesday will hold a Council of Ministers to discuss the extraordinary nature of the employment situation and evaluate the Action Plan and which has not met expectations expected.

Did an unemployment rate of 20%?

Another bad news or rather poor predictions is the study by the Institute of Economic Research (CER), which in early 2010, which Spain will not only have the highest percentage of unemployment across the European Union but by far exceeds the other figures of unemployment, although this prediction is very unstable because it does not consider possible changes in the economy that might arise from the measures the government takes the next few months and be aware of that has passed only 1 / 3 year.