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Legal & Finance news & information for Spain

Private pension withdrawal permitted after 10 years' savings
Legal & Finance Sat, Feb 10, 2018

Private pension withdrawal permitted after 10 years'...

SAVERS can now cash in their private pensions in Spain after 10 years of contributions, the government has announced after approving a new law yesterday (Friday). Although a tax reform in 2015 already allowed for all or...

Moroccan soldier's two widows each earn right to pension
Legal & Finance Thu, Feb 1, 2018

Moroccan soldier's two widows each earn right to pension

SPAIN'S Supreme Court has allowed both wives of a bigamous Moroccan soldier to claim a widows' pension, despite multiple marriage being against Spanish law. The first wife of the deceased soldier, who fought for...

Regional governments warned to 'correct spending' before New Year
Legal & Finance Tue, Dec 26, 2017

Regional governments warned to 'correct spending'...

LETTERS from the Treasury have been sent to 10 of Spain's 17 regional governments ordering them to 'adjust' their spending ahead of the end of 2017 in order to reach their debt target of 2.1% or less of...

Right to a bank account for everyone agreed in Spain
Legal & Finance Fri, Nov 24, 2017

Right to a bank account for everyone agreed in Spain

SPAIN'S government has passed a law giving everyone the right to have a bank account with at least the basic functions of being able to set up direct debits for bills, hold a debit card and make transfers. All...

Aragón, Asturias and Andalucía campaigners fight inheritance tax
Legal & Finance Thu, Oct 19, 2017

Aragón, Asturias and Andalucía campaigners fight...

THREE regional associations are fighting against inheritance and succession tax, and are planning on heading to Madrid and then to Brussels in their battle. Aragón Stop Sucesiones y Plusvalía and its counterparts in...

Spain's economic growth 'unaffected' by Catalunya, says FMI
Legal & Finance Tue, Oct 10, 2017

Spain's economic growth 'unaffected' by...

SPAIN'S economic outlook has not been affected by the upheaval in Catalunya, according to the International Monetary Fund (FMI) in its recent report. Although the global organisation said on Friday that the banned...

ING and Bankia reach 'free cashpoint' deal
Legal & Finance Tue, Oct 3, 2017

ING and Bankia reach 'free cashpoint' deal

CUSTOMERS of ING bank can use Bankia cashpoints free of charge for withdrawals of €50 or more thanks to a new deal between the two entities. A commission of 85 cents will be charged by Bankia to ING, but this will not...

Net household wealth up 8.5% in first quarter of 2017
Legal & Finance Fri, Jul 28, 2017

Net household wealth up 8.5% in first quarter of 2017

NET household wealth in Spain has risen sharply in recent months, showing that the country's economic recovery is, slowly but surely, starting to filter down to the average resident. Figures published by the Bank of...

Economy minister agrees to Ciudadanos' ultimatum on lowering taxes in exchange for spending cap vote
Legal & Finance Thu, Jul 6, 2017

Economy minister agrees to Ciudadanos' ultimatum on...

SPAIN'S economy minister Cristóbal Montoro has agreed to lower income tax next year in exchange for the opposition agreeing to his cap on public spending. Montoro (pictured left, next to vice-president Soraya...

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