March 28, 2009 at 8:24 am #54859
March 28, 2009 at 8:48 am #91132
Let’s hope that the EU will be prepared to carry out the threat against Spain, if the need should arise!
March 28, 2009 at 8:53 am #91134
It will be nothing short of a miracle if Spain takes any notice of the EU committee.
March 28, 2009 at 10:15 am #91136
The European Parliament voted overwhelmingly to freeze hundreds of millions of euros in Spain’s EU funding if the Spanish government does not tackle what the parliament condemned as “extensive urbanisation” practices.
Well if they don’t they lose the money
March 28, 2009 at 10:29 am #91137
Perhaps the EU powers should dig up the new motorway roads and infrastructure they have subsidised as payback for all of Spains injustices. 👿
March 28, 2009 at 11:43 am #91139
Do not hold your breath. Anything the EU parliament does is fairly meaningless.
Since the Spanish national government has devolved so much political power to regional governments, some of them run by the PP, I doubt anything will happen.
The National government may try to pressurise them but because of political rivalries it will stale mate. Spain will just do without the grants and carry on in its own inimitable way.
March 28, 2009 at 12:08 pm #91141
Logan: I agree with you. These regions are so deeply entrenched in their dogma. ( As the Spanish Burro mentality) i.e. you can beat S..t out of them but for their stubborness they will not move an cm.
March 28, 2009 at 12:11 pm #91142
One newspaper said it is unlikely that the EU will stop the funds. Really the EU Parliament is just a bit of a talking shop. Real power is with the Commissioners. It’s a start though 😀
March 28, 2009 at 1:13 pm #91144
I remember talking to a bunch of spanish pals many years ago (I think about 13) about the funding and the abuses.
None of them were concerned as their views were they would get what thay could out of the eu then stick 2 fingers up – what can be done anyway?
One of them was relatively entrenched in the political system in Madrid.
Hey ho – this is Spain!!
March 28, 2009 at 7:16 pm #91151
The BBC library picture was of Alcaidesa – The property is Sea Golf Apartments with Sea Golf Hotel in the background. These were built in 2001 to 2005 then everything on Sea Golf stopped with the Ballena Blanca money laundering inquiry. A lawyer and the director of Sea Golf spent some time in custody during the investigations but I don’t know what the current situation is. In theory the bank was going to foreclose on apartments where buyers had decided not to complete (including myself).
What I do know is that a number of the apartments were ‘picked up’ by parties connected with the insurance company that provided the aval policies for those lucky enough to have had their lawyer insist on them.
Alcaidesa is a purpose built resort of residential/tourism property not far from Gibraltar. A partner in the resort is Costain.
March 30, 2009 at 11:30 am #91172
I have just pm you about your message.
The forum ‘Real Estate Topics, News & Discussion’ is closed to new topics and replies.