Reply To: Spain and UK seem to be competing for biggest fall in ’09



@katy wrote:

Things are certainly worse for Spain at local level…Málaga province unemployment now 26.3% 😯

Just back from a few days in Spain and found that Marbella, Puerto Banus and Estepona were like ghost towns, a lot of shops, restaurants and bars shut. The big problem they have is that unless the £ strengthens against the euro or the PIIGS withdraw which I doubt tourism will be very flat as it is becoming very expensive. 26% might look good.