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-   -   More impressive news (https://britishexpats.com/forum/spain-75/more-impressive-news-684720/)

steviedeluxe Sep 9th 2010 4:55 am

More impressive news
 
Spain cuts its budget deficit by 50% in the first 7 months of this year

http://www.forexyard.com/en/news/VAT...5948Z-UPDATE-1


The figure is equivalent to 2.44 percent of gross domestic product, down from 4.73 percent in the same period of 2009.

A release accompanying the data said the budget had been helped by a jump of 42.2 percent in the VAT take following tax consolidation measures taken earlier this year and an improving economy.
Wonder why this hasn't been plastered across the media?:confused:

agoreira Sep 9th 2010 5:17 am

Re: More impressive news
 

Originally Posted by steviedeluxe (Post 8836891)
Spain cuts its budget deficit by 50% in the first 7 months of this year

http://www.forexyard.com/en/news/VAT...5948Z-UPDATE-1



Wonder why this hasn't been plastered across the media?:confused:

Admirable, but it still didn't stop Spain dropping to the level of Puerto Rico. It dropped nine places in the world rankings of competitive countries, down to 42, one of the lowest in Europe. It's nice to think there are some "brotes verdes" de recuperación, but I fear it'll get worse before it gets better. And not only for Spain!:frown:
http://www.elpais.com/articulo/econo...lpepueco_1/Tes

jdr Sep 9th 2010 6:23 am

Re: More impressive news
 

Originally Posted by agoreira (Post 8836918)
Admirable, but it still didn't stop Spain dropping to the level of Puerto Rico. It dropped nine places in the world rankings of competitive countries, down to 42, one of the lowest in Europe. It's nice to think there are some "brotes verdes" de recuperación, but I fear it'll get worse before it gets better. And not only for Spain!:frown:
http://www.elpais.com/articulo/econo...lpepueco_1/Tes

Mmmm, I wonder how the real UK figures would match up to Spains. :D

steviedeluxe Sep 9th 2010 6:44 am

Re: More impressive news
 

Originally Posted by jdr (Post 8837027)
Mmmm, I wonder how the real UK figures would match up to Spains. :D

The consensus is that the UK overall economy will escape the double dip, so that's good news. However, if you live in the north..
http://www.bbc.co.uk/news/uk-england-11141264

That is quite a useful link for any folk thinking of moving back to the UK, as it shows those areas most resilient to economic change.

Elmbridge in Surrey is the most resilient area in England, followed by St Albans in Hertfordshire and then Waverley in Surrey, the information suggests.

jdr Sep 9th 2010 7:17 am

Re: More impressive news
 

Originally Posted by steviedeluxe (Post 8837069)
The consensus is that the UK overall economy will escape the double dip, so that's good news. However, if you live in the north..
http://www.bbc.co.uk/news/uk-england-11141264

That is quite a useful link for any folk thinking of moving back to the UK, as it shows those areas most resilient to economic change.

How does that work then, the UK has borrowed far more money than Greece, but they forget to tell the public.

manamama Sep 9th 2010 7:58 am

Re: More impressive news
 

Originally Posted by steviedeluxe (Post 8837069)
The consensus is that the UK overall economy will escape the double dip, so that's good news. However, if you live in the north..
http://www.bbc.co.uk/news/uk-england-11141264

That is quite a useful link for any folk thinking of moving back to the UK, as it shows those areas most resilient to economic change.

I really hope this is true....we are going back in a week or two (without jobs) but hopefully as my area is in the Top 10 we will be super lucky......:fingerscrossed:

Thanks for the link and posting....:thumbsup:


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