Tag: jobs

October 9, 2012 0

Parla, Spain’s 54th Largest City, Poised for Bankruptcy

By News Desk

Courtesy of Google Translate from El Economista , please consider Parla, one step from bankruptcy: cannot deal with creditors . The economic situation of the City of Parla "can not deal with creditors and maintain basic health services to citizens," according to the report of the Audit Chamber of the Community of Madrid, who advised to take measures to continuity of the consistory.

October 8, 2012 0

Netherlands House Price Crash Underway; Will France Follow?

By News Desk

Similarly, Bloomberg reports Netherlands House Prices Dropped the Most on Record Last Month House prices in the Netherlands, the fifth-biggest economy in the euro area, dropped in July by the most since the index started in 1995. Prices declined 8 percent from the same month a year earlier, after falling 4.4 percent in June, national statistics agency CBS in The Hague said on its website today. Values have fallen 15 percent from a peak in 2008 and are back to about the same level as eight years ago, CBS said