The worst news for those who have contracted variable interest mortgage loans has been confirmed by the Governor of the Bank of Spain, Pablo Hernandez de Cos: interest rates will remain high “for a long time”, at least until inflation is around 2%. Hernández de Cos made this forceful statement at the Barcelona headquarters of … Read more
Some 170 million euros to subsidize trains and buses for young people, 17 million for unions, an extraordinary 14 million for the public company Tragsatec in order to unblock European funds, 3.3 million as a credit supplement for the CIS, 10 million to subsidize the cinema for those over 65 years of age… Without forgetting … Read more
Credit to companies and families in the province is already in the lowest levels since there are records. This is reflected in the latest report issued by the Bank of Spain in which the total number of loans issued in Alicante up to September 2022 is accounted for and places them at 34,091 million euroswhich … Read more
The economic slowdown of the last part of the year is beginning to be reflected in the new credit generation. From the data relating to the month of October it can be deduced that a slowdown in the granting of new loans both for the purchase of homes and for consumption and companies. More specifically, … Read more