Contrary to recent coverage in the press indicating that the location for Paramount's new theme park was not necessarily going to be in the region of Murcia, Viacom has announced that the project will be officially presented this week in Madrid. ...

The Paramount theme park in Murcia has been creating a great deal of interest among the Murcia population. Below you will find details of the various themed areas planned for the park, ...

Nothing seems to be making much of a difference in the currency markets at the moment. In itself that is a contradictory statement to make. Following the last couple of months of concern with Greece and the lead up to the UK budget both matters have passed us by without having any real impact upon exchange rates. Finally after much political hag ...

The price of property in Spain has fallen by an average of 5.6% over the last 12 months, according to the Official House Price Index from the country’s Department of Housing. Prices fell the most in the Costa Dorada where they were down 9.1% followed by Madrid (down 8.5%) and Murcia (down 8.3%) Only two regions reported price rises and even these ...

Santander and CaixaBank yesterday formally declared an interest in the auction of CAM (Caja de Mediterraneo) by the Bank of Spain. ...

The Spanish government has cut the rate of VAT (IVA) payable on new build properties by 50%, effective immediately. The rate will reduce from 8% to 4% and will be applied to all new build properties sold until the 31st December 2011. ...

CAM have posted huge losses of 1.14 billion Euros for the first half of 2011. A new owner is likely to be announced in October after the Bank of Spain had to step in to save the bank in July. ...

It's official. August has been hotter and drier than usual on the south-east coast of Spain. The State Meterological Agency released figures this week stating that August was unusually hot and dry throughout the regions of Alicante and Valencia, ...

MADRID — Spain's right-leaning opposition will thrash the ruling Socialists in November 20 elections, polls showed Sunday, as anger over an economic crisis spilled into the streets. The conservative Popular Party, led by 56-year-old Mariano Rajoy, is set for a record parliamentary majority, surveys said. The Socialists, whose standard bearer is 6 ...

It is the shame of Spain. An estimated 300,000 babies — the Niños Robados — were snatched from their mothers at birth and placed with new families. ZARAGOZA, SPAIN—In November 1974, Luisa Fernanda Marin Valenzuela stood in a doorway at a medical clinic. A male nurse held one arm and a nun held the other. About 36 hours earlier, she had given birth ...

Spain's two leading contenders for prime minister in the forthcoming general elections have held their only live television debate. High unemployment and the weak economy dominated the encounter between the governing Socialists' Alfredo Perez Rubalcaba and opponent Mariano Rajoy. Opinion polls suggest the Socialist party (PSOE) is on course for a ...

War veterans have condemned Fifa for refusing to allow the England team to wear poppies on their shirts when they play Spain at Wembley in a friendly next Saturday. The Football Association had wanted players to display the Armistice Day emblem on their kit on the eve of Remembrance Sunday, but Fifa rules mean no changes can be made to o ...

Millions of birds flying to Spain for the winter will be caught in 'parany' traps, which glue the animals to the ground.  Up to four million migrating birds will be killed by illegal Spanish hunters this year, with many dying a slow, sticky death in traps that literally glue the animals to the ground, according to campaigners. ...