Author Topic: News Items  (Read 127500 times)

Offline Dave

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Re: News Items
« Reply #630 on: March 21, 2015, 08:27:14 AM »
Bob Dylan set to play in Granada this summer

Granada Town Hall confirm the American singer will be playing in July

LEGENDARY American singer Bob Dylan is set to take to the stage in Granada this summer.

As part of his Never Ending Tour around the world, the 73-year-old will appear at the Palacio de Deportes on July 8 according to Granada Town Hall.

Promoting his 36th album ‘Shadows in the Night’, Dylan will embark on an European tour in June, starting in Rome.

Official confirmation is still awaited from Dylan’s camp but it appears the ‘Blowin in the Wind’ star is set for a trip to southern Spain. (The Olive Press is the English language newspaper for Andalucia)
 
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Offline Dave

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Re: News Items
« Reply #631 on: March 21, 2015, 08:37:36 AM »
Banco de Madrid files for bankruptcy after money laundering allegations surround parent company

The Andorran parent company BPA is accused of laundering money for organised crime groups

SPANISH lender Banco de Madrid, has filed for bankruptcy after its Andorran parent company was accused of laundering money for organised crime groups.

Spain’s central bank has stepped in after Banco de Madrid was hit by substantial client withdrawals following the allegations against parent BPA.

A spokesman for the Spanish lender said it had undergone a ‘sharp deterioration in its economic and financial situation’ due to its its parent company being named a ‘primary laundering concern’ by the U.S. government.

The U.S. government’s Financial Crimes Enforcement Network named BPA a ‘money-laundering concern’ at the beginning of March.

The network alleged that BPA’s managers had knowingly facilitated transactions for organised crime groups for a number of years.
 
In response, a BPA spokesman said that the company is ‘working with the Andorran financial regulator to uncover any wrongdoing,’ adding that the allegations ‘will quickly disappear’.

Banco de Madrid is a small bank in Spain’s banking sector that targets high-net worth clients with deposits above €500,000. The lender has an estimated 15,000 clients and 21 offices throughout the country.
 
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Offline Dave

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Re: News Items
« Reply #632 on: March 22, 2015, 07:54:30 AM »
Banco de Madrid clients will only get up to €100,000 of their money back
 
Spanish authorities fall back on deposit guarantee limit, rather than bailing out the lender
 
Banco de Madrid ceases operations and requests a creditors’ meeting

Banco de Madrid will not be bailed out by Spanish authorities like other lenders.

Customers with savings in troubled Banco de Madrid are only guaranteed €100,000 of their money back.
 
Spain’s industry-funded Deposit Guarantee Fund made the announcement late on Wednesday, saying that representatives would soon get in touch with clients to return their money “up to a maximum limit of €100,000 per account holder.”
 
The freeze on deposits affects around 14,000 clients who hold a combined €600 million in Banco de Madrid, as well as around 27,000 customers who placed €1.5 billion in investment funds.
 
This is the first time since the financial crisis began that Spain has applied the legal limit on deposit guarantees for insolvent lenders. The case sets a precedent in a country whose authorities had, until now, opted to bail out struggling lenders rather than let them fail.
 
The case sets a precedent in a country that until now had opted to bail out struggling lenders
 
Banco de Madrid ceased operating earlier this week, and an interim management team sent in by the central bank has requested a creditors’ meeting in a bid to prevent outright bankruptcy.
 
The lender, which manages large fortunes and had plans to expand, saw its fortunes change when US authorities acted against its parent company, Banca Privada d’Andorra (BPA), on suspicion of money-laundering activities.
 
In an offshoot of that investigation, the Bank of Spain sent two inspectors to BPA’s Spanish branch last week. But before the team had time to start analyzing Banco de Madrid’s accounts, the entire board of directors walked out, forcing the central bank to appoint a temporary management team and triggering a bank run.
 
One of the chief criticisms levied at the center-right government of the Popular Party (PP) has been its decision to bail out struggling savings banks with taxpayers’ money. In 2012, the Mariano Rajoy administration requested assistance from a EU bailout fund to save lenders that had been hard hit by the property bust.
 
This time, Spain’s Orderly Bank Restructuring Fund (FROB) said it would not step in to save Banco de Madrid, which now faces bankruptcy. A FROB statement said the lender did not meet “the legal requirements” for a rescue.( El Pais in English )
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Offline Dave

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Offline Sandra

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Re: News Items
« Reply #634 on: November 25, 2015, 12:05:24 PM »
From 28 December, opposite the church and next to the Farmacia in Los Martinez del Puerto, there will be a Agencia Municipal Tributaria office.
Here you can pay all taxes from the Ayuntamiento de Murcia. They will also deal with all matters relating to the Catastro. All residents of the Gea y Truyols area can use this office, negatiing the need to go to the Tributaria in Murcia.
Hours, to be confirmed, but, in principle: Monday to Friday from 08.00 to 15.00, and Tuesday and Thursday from 16.00 to 18.30.

(From the Gea y Truyols website)



Offering  luxurious holiday accommodation at our Roda Golf Apartment close to shores of the Mar Menor!

Offline vivien

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Re: News Items
« Reply #635 on: March 21, 2016, 11:34:16 AM »
Hi Sandra , do not know where Los Martinez del Puerto is .....have you any directions from la tercia please ? Viv & Paul Geary . Phase 2 .

Offline AndyP

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Re: News Items
« Reply #636 on: March 21, 2016, 12:34:38 PM »
AndyP

Offline vivien

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Re: News Items
« Reply #637 on: March 21, 2016, 01:13:22 PM »
Thanks  Andy , very helpful . We were looking in that area ,but wasn't,t sure we,d got it right . X

Offline AndyP

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Re: News Items
« Reply #638 on: January 12, 2018, 12:54:19 PM »
Don't forget all you (us) Ryanair flyers that as from Monday 15th January the cabin bag policy has changed.
Only priority boarders can take a 'wheelie' bag on board. If you don't pay the extra then the bag will be taken from you at the gate and be put in the hold. https://www.ryanair.com/gb/en/plan-trip/flying-with-us/baggage-policy

AndyP