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FINANCE, BUSINESS & LEGAL

13 - 19 December 2012

EWN

Costa de Almería

www.euroweeklynews.com

The jobless who are just not learning MORE than 21 per cent of people in Spain between 15 and 29 neither work nor study. Spain is also one of the European

Union (EU) countries where more unemployed people not currently studying are not actively looking for work either.

The nation now has the highest number of people neither studying nor working in the whole EU zone. Seventy per cent have a

Open early for Xmas SPANISH retailer El Corte Ingles has decided to open at 9am over Christmas. The shops normally open at 10am, like most in Spain, and will continue to do so in Cataluña, the Basque Country and Andalucia, where laws do not permit them to open earlier. The Christmas campaign will last until January 5, but it is not known whether the stores will maintain the new opening hours beyond that period, especially while the sales are on.

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low education level. The EU proposes that by law member states should guarantee that under 25s should receive an offer of work or an internship during the four months after they complete their studies or register as being unemployed. If neither option is possible, the EU wants to make sure that member states will give them further education.

‘Virus’ steals €36 million RE-FUEL: Diesel prices are lower on a Monday.

It’s cheaper on Mondays THE National Energy Committee (CNE) in Spain has revealed that fuel prices are lower on Mondays. The CNE has seen that prices drop by at least 1 per cent on

Mondays, the day on which the EU is informed of fuel prices, and then rise again on Tuesday. This mainly affects grade A diesel. A report also shows that in October, 95 octane petrol

was more expensive in Spain before taxes were applied than the EU average, meaning margins are higher. But prices paid by Spanish drivers are lower than the EU

A TROJAN virus allowed €5.8 million to be stolen from more than 11,000 bank accounts in Spain. The Trojan, named Eurograbber, which can be transferred from a PC to a mobile phone, affected seven banks in Spain and many more throughout Europe, making the total amount stolen close to €36 million.

GB

LOBAL IZ

Water relief GOOGLE is giving a $5 million (€3.86 million) grant to help provide clean and sustainable water supplies in impoverished parts of the world.

Plain talking SOUTH AFRICA is moving in to the multimillion-euro call centre industry. Amazon, Aegis and British company Coracall have opened centres in the country because of the more ‘neutral’ accent of workers compared to India.

Girly digger BARBIE is picking up a shovel. The iconic doll’s first line of construction sets has become a best seller in the US.

THREE WAYS TO MAKE MORE OF YOUR MONEY. Fixed Rate 11 Month Deposit

Fixed Rate 200 Day Deposit

Premier Current Account

3.50%

3.25%

3.00%

T.A.E.*

available in Euros until 31st December 2012

T.A.E.**

available in Euros until 31st December 2012

T.A.E.***

during the first three months ***

You choose… whether… you’re looking for a current account with a world of benefits, or a fixed term deposit to see your savings grow. For other options about our Pounds Sterling and Dollars(1) fixed term deposits, please visit your local branch in:

Valencia, Denia, Calpe, Guardamar, Torrevieja, La Zenia, Los Alcázares or Mazarrón.

902 024 365 or +34 91 484 81 81 lloydsbankinternational.es (1) There is a potential risk arising from fluctuations in foreign exchange rates between the acquisition date and the subsequent sale or maturity date of the deposit or investment. * T.A.E. (Tasa Anual Equivalente) corresponds to Annual Interest Rate. Effective Interest Rate: 3.494%. From €6,000 to €200,000. Interest paid at maturity. Available until the 31st December 2012. For funds coming from other financial entities, credited to the account from 1st October 2012 onwards and that represent a balance increase from the aforementioned date. ** T.A.E. (Tasa Anual Equivalente) corresponds to Annual Interest Rate. Effective Interest Rate: 3.226%. From €6,000 to €200,000. Interest paid at maturity. Available until the 31st December 2012. For funds coming from other financial entities, credited to the account from 1st October 2012 onwards and that represent a balance increase from the aforementioned date. *** T.A.E. (Tasa Anual Equivalente) corresponds to Annual Interest Rate. Effective Interest Rate 2.9596% for the first three months, on balances up to a maximum of €500,000, with all amounts above said limit accruing no interest. From the fourth month remuneration will be based on tired rates depending on the balance you hold. As of today these rates are from 0% to 1.50% T.A.E. (1.4898% Effective Interest Rate). The applicable rates for each tier are available on www.lloydsbankinternational.es. Interest paid monthly. Lloyds Bank International, S.A.U., with registered offices at Serrano 90, 5ª planta, 28006, Madrid, Spain, Trade Registry of Madrid, T. 6799, Book 0, Folio. 108, Sec. 8, Page M-110714, 1st Entry, N.I.F. (Tax Identification Number) A-80481765.

Costa de Almeria 13 - 19 December 2012 Issue 1432  

News in English from the Costa del Sol. Costa Blanca North, Costa Blanca South, Costa de Almeria, Axarquia - Malaga East and Mallorca.

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