Legal & Finance news & information for Spain

A WELCOME change in the pension contribution system means part-time workers will no longer have to spend longer in employment to qualify for an earnings-based retirement fund – a move that is expected to affect around...

ANYONE signing for a new mortgage since Monday will have noticed a dramatic change in processes now that legislation has introduced a complete overhaul of the home loan system covering who pays what, how applications...

THE EUROPEAN Central Bank's (BCE's) decision to postpone interest rate increases across the board means mortgages and credit in general in Spain and other common currency countries are likely to remain stable...

RESIDENTS in Spain with little or no income will be able to open bank accounts completely free of charge, economy minister Nadia Calviño has announced.

BANKS will be forced to cap current account commission or ‘admin charges’ to just €3 a month by March 25 in a welcome move introduced this week by Spain’s national government.

A CLAIM by a firm in Bulgaria that the iconic Osborne bull in Spain is a breach of copyright has been thrown out by the European Court of Justice (ECJ) – and sparked mirth among Spanish-speakers.

THE BANK of Spain officially stopped minting €500 notes yesterday (Sunday) in line with a decision taken by the European Union in May 2016, but those still in circulation remain legal tender.

WORKING women with pre-school children who went to nursery last year can reclaim up to €1,000 towards their costs in their tax declaration for 2018, due to be filed this coming spring.

PRESIDENT Pedro Sánchez and his cabinet presented their 2019 budget today (Friday) in Parliament, although as yet they do not have sufficient support from non-ruling parties to push it through.

NATIONAL Police in Spain have warned of an email scam claiming the recipient is required to appear before the ministry of the interior for an interrogation, or court hearing.

CENTRAL banks in Eurozone countries will start to withdraw €500 notes from circulation from January 27, except in Germany and Austria.

ANYONE who was on maternity or paternity leave in 2016 or 2017 can now reclaim the income tax they paid during that time.