Spain’s finance minister Pedro Solbes has stunned the markets with an admission that his country faces the worst economic crisis in its history as the full effects of the property crash spread through the economy. Mr Solbes said the Madrid bourse had suffered an “earthquake”, crashing 27pc since the start of June. He blamed the toxic cocktail of high oil prices, the global credit crisis and the sharp slowdown in the key export markets of North America and Germany. The comments follow this week’s bankruptcy of Martinsa-Fadesa, Spain’s biggest corporate failure. The company’s demise was a textbook story of aggressive over-expansion at the top of the cycle, driven by high debt gearing. Mr Solbes has pursued a rigorous “no bailout” policy, saying Martinsa-Fadesa took “excessive risks” and must now face the consequences. He has reportedly clashed with cabinet colleagues, who are now searching for any means to stop the downward spiral in the economy. El Pais reports that house prices crashed by 20pc in the second quarter compared with a year earlier, based on , completed transactions. The Martinsa-Fadesa collapse has sent tremors through the whole property and construction sector.
A world of possibilities and pitfalls : Looking for love:Lonely expats turn to online dating
Browse our listings to find jobs in the UK for expats, including jobs for English speakers or those in your native language. A must-read for English-speaking expatriates and internationals across Europe, Expatica provides tailored expat guides full of essential information on moving, working and living abroad. With in-depth features, tools and more, Expatica The first and best dating site for Expats in France.
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People like to stay with their parents until they find their loved one and move out. It is quite common to see family members of three or more generations living together in the same house. Parents go out to work. Grandparents help with house work and take care of the children. Parents travel back home to join their family members in the middle of the day to have their lunch and then go back to work.
Dinner is another gathering time for family members. There are also strong relationships between co-workers. Here is a good article talking about an expatriate living in Spain. However, you may like to spend more time alone or solo living might be the only choice you can have. For example, if you move to Spain, it may not be applicable to have family go with you. Solo living is not difficult as you can easily establish contacts through your work or your daily life. If you are single, you may find moving to Spain can put you in a lonely situation.
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No matter who you ask, you will get the same answer: dating in is hard. For single expats in Spain , dating is even harder. You have to deal with cultural barriers and boundaries, accommodate love with your new-found lifestyle, and face a lingering stigma. But, it shouldn’t be that way. With so many people trying to make a living in a different country, there are more expatriate singles looking for love than ever before.
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But after 16 months in France and several false starts, there is still no romance in sight, says the year-old American teacher. Privately, she’s beginning to think she just doesn’t “click” with Frenchmen. So Andrea has taken matters into her own hands: She put up a “profile” on an online dating site for expatriates. A week later she got a response from Tom, an Australian, who shares her interest in sports, and they set up a date.
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There’s plenty to do to enjoy the end of summer locally, from canal boat rides to waterpark fun. Read our great tips on how to overcome the blues and find your place in your new home. The legendary luscious Kebabs that the Turkish immigrants have kindly contributed to Germany’s national culture. From sticking their fingers up their nose to doing unspeakable things to flies, the French sure like to add, errr Learn a few expressions and go whip that cat like a local.
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