Expat Euro News

Latest 10 news items tagged Euro

29 Apr at 6 PM 2015

Expat mothers prefer life in Spain

Nearly half of the expat mothers living in Spain never want to return to their home country because they feel they have a better quality of living in their adopted country. MumAbroad.com conducted a survey that found that 49 per cent of expat mothers residing in Spain, Italy, Germany and France planned never to return home. Meanwhile, two-thirds are of the opinion that they have a better quality of life in their new country, despite the fact that they believe the education system is not of the same standard. The survey quizzed 650...
29 Apr at 4 PM 2015

Expat pimp arrested in Spain

A Belgian national dubbed ‘Europe’s biggest pimp’ has been arrested in the Spanish resort town of Torremolinos. Stefan Rene faces charges of heading a prostitution ring that spans the continent. He was picked up by the Guardia Civil after a Moroccan woman who worked for him told Belgian authorities where he was staying after he reportedly beat her and burnt her with a cigarette. Rene’s million-euro network was established in Malaga, southern Spain, and operates on the Costa del Sol, in Eastern Europe and in Belgium. The...
28 Apr at 12 PM 2015

British expats to be hit by NHS clampdown

British expats living in European countries such as Spain are likely to feel the full force of a proposed clampdown by the NHS. Many UK citizens living overseas often fly back to their homeland for doctors’ appointments or procedures such as operations because of the hassle involved when dealing with local health authorities abroad, particularly concerning the seemingly endless amount of paperwork that may need to be processed. However, the NHS has introduced new regulations, which will come into force in the coming days, stating...
22 Apr at 4 PM 2015

Expat couple to star on Channel 5 documentary about demolition of Spanish villa

A British expat couple will appear on Channel 5’s Horror Homes to reveal all about how their dream villa in Spain was demolished. Len and Helen Prior, who were living in the Andalucian town of Vera, saw their villa bulldozed on January 2008 because of “planning irregularities”. Despite being in possession of the required documents which were signed by the local town hall, the Priors, from Berkshire, received a call informing them that their property was to be demolished. Five years on in 2013, Helen told reporters that the...
21 Apr at 6 PM 2015

Bar and restaurant-owning expats in Spain suffer since economy crisis

Since the onset of the Spanish economy crisis, bar and restaurant owners in the Iberian country have been losing out to supermarkets, with wine purchased in the latter having gone up by six per cent. The Bank of Spain’s macroeconomic report has revealed that spending on the majority of products has gone down, but spirits and liqueurs have suffered the most, with a decline of 40 per cent. Although people are still spending on products they enjoy, it seems they are now looking to be careful about where they buy them. This spells bad...
20 Apr at 6 PM 2015

Finnish expat in Spain loses lengthy loft conversion battle

A Finnish expat living in the Spanish town of Estepona has lost a six-year legal fight to keep her loft conversion after being told it had to be demolished. Terttu Balson, 70, was instructed to begin work on removing the loft, despite the fact her neighbour has one. Furthermore, the grandmother has also been handed a 24,300 euro fine for building the extension a number of years ago without first obtaining planning permission from the local council. As if to rub salt into her wounds, her neighbour, as well as many other people in...
9 Apr at 2 PM 2015

Expat played important role in India’s freedom of speech

IT entrepreneur, Javed Farooqui, has made it possible for Indians to post comments online and tweet without the fear of getting arrested. Mr Farooqui, one of mouthshut.com’s founding directors who is based in Dubai, got his company to file a writ petition contesting Section 66A contained in the Information Technology (IT) Act, 2000 to the Supreme court. This act was deemed to suppress free speech online. According to Javed Farooqui, this is a victory for the common man to have his voice heard. He is proud that he was among the...
31 Mar at 9 AM 2015

British buyer numbers in Spain set to fall if UK has European referendum

As the UK considers an exit from the EU, there is the possibility that the number of properties bought by Brits could plummet. According to a recent YouGov survey, one in three Brits think that property bought overseas is a risky investment if the UK left the EU. Finance Expert Jordan Tilley said that although recently the strength of the Euro has been sliding increasing against the Pound Sterling, this has not caused a buying frenzy of British property purchasers in Europe. He added that there is still much caution amongst British...
28 Mar at 11 AM 2015

The number of Spaniards living abroad doubles

From the year 2009 and 2015, the amount of Spanish people living abroad grew by 48 per cent. Recent figures show that as of the 1st January there were 2,183,043 Spaniards registered on consular lists compared with 1,471,691 six years ago. The data, which was released by the National Institute of Statistics of Madrid, must not indicate that the main reason is the Iberian Peninsula’s mass exodus according to experts. It was found that the increase in the amount of Spanish people moving abroad was due to the search of a better...
18 Mar at 6 PM 2015

Spending Power Decreases for Expat Pensioners

According to a recent survey, two thirds of pensioners are now less financially well off compared to ten years ago. Equiniti, a pension payments firm, have looked into how pensions being paid in Sterling compare to other currencies. With the majority of the firm’s 60,000 clients living in the Eurozone, this is bad news although the growing pound enables people to enjoy a higher exchange rate in other countries. Over the past year, the pound has increased 10 per cent in value against the euro, yet the pensioners are worse off...