How To Guides
- Childbirth & Education
- Legal Formalities
- Pensions & Benefits
- Property & Accommodation
Did you know...?
... Telefonica are NOT the only service provider of Telephone Lines, Internet Access or Mobile Phones?
Tumbit recommends Telitec Communications. Find out how Telitec Communications can help you here!
- Airports and Airlines Spain
- Paramount Theme Park Murcia Spain
- Corvera International Airport Murcia Spain
- USD weekly currency update - 27 March 2015
- When Expat Eyes Are Smiling
- Meet Wincham at The Homes, Gardens & Lifestyle Show, Calpe
- QROPS 2014
- Spain Increases IHT in Valencia & Murcia
- Removals to Spain v Exports from Spain
- The Charm of Seville
- Gibraltar Relations
- Retiro Park : Madrid
- Wincham announce opening of Marbella office
- Community Insurance in Spain
- Calendar Girls
- Considerations when Insuring your Boat in Spain
- QROPS – HMRC Introduces changes that create havoc in the market place
- QROPS – All Change From April 2012
Spanish Bankruptcies reach record numbers
Spain's National Institute of Statistics (INE) revealled how a staggering 2,272 businesses and induviduals declared themselves bankrupt over the course of Q2 of 2012, representing an increase of 28.6% compared to the same period last year.
The number of induvidual bankruptcies actually fell, meaning that the increases were down to failing businesses.
Last year a total of 6,755 bankruptcies were declared representing a 13.3% increase on 2010, making 2011 the worst year on record for Spanish bankruptcies.
Allmost one-third of all the businesses declared bankrupt in Q2 were from the struggling construction sector.
PYMEs (Small and medium-sized companies with turnovers below 2 Million Euros PA) represented almost three-quarters of all bankruptcies between April and July.
Latest News & Stories
- Saloufest 2015 underway
- Murcia's San Javier Airport not to close imminently
- Spanish train maker Talgo eyeing share listing in May
- 23 'Decontaminated' in Madrid terror alert
- Spain Pilots unions claims '2 person rule' ineffictive
- Happy 4th Birthday Castellon Airport !
- Telefónica to triple Spain's ADSL speeds before summer
- None of Spain's AVE high-speed rail lines profitable
- Spain launches new EU153 Mln smart city initiative
- Bank of Spain expects 2.8% growth in Q1
- Dacion en Pago : Handing Your Property Back to the Bank
- Finding Business Premesis in Spain
- How should I class my Business for Tax Purposes ?
- When you can’t pay the Mortgage