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Keywords: EU


Spain's proposed 100% tax: A double-edged sword for non-EU home buyers

A draft law proposing a 100 percent tax on non-EU, non-resident home buyers in Spain has sparked significant controversy and confusion. This initiative, introduced by Spanish Prime Minister Pedro Sánchez, aims to curb what he describes as "foreign speculation" in the property market.......

EU's flight compensation reform sparks backlash among consumers

The European Union is contemplating a controversial shift in air travel regulations that would permit airlines to impose longer delays without compensating passengers, inciting outrage among consumer advocacy groups and dividing member states. Representatives from the bloc's 27 nations are scheduled......

Spain proposes hefty tax on foreign property buyers

Since the local Spain broke the news that the Spanish government has lodged a draft bill to charge non-EU, non-resident home buyers a 100 percent tax, there have been doubts about how much this tax would truly amount to. The Socialist government of Pedro Sánchez last week presented a draft law......

Markets rebound as Trump eases EU tariff threats

U.S. stock futures surged early Tuesday, signaling a sharp rebound from last week’s market decline. The S&P 500 rose about 1.4%, Nasdaq futures jumped 1.5%, and the Dow climbed more than 1%. The primary driver behind this rally was President Donald Trump’s announcement to postpone a planned......

Spain's ambitious tax measures to tackle housing crisis

The Spanish government has unveiled a draft bill aimed at curbing speculation in the housing market through a series of fiscal measures, notably introducing a 'supertax' targeting non-EU non-resident property buyers. This legislation seeks to address the pressing challenges of rising rental costs......

Spain proposes 100% tax on non-EU property buyers amid housing crisis

Spain’s Socialist government on Thursday registered in the Congress its draft law for a 100 percent tax on non-resident non-EU property buyers, suggesting it intends to follow through on the proposal made by Prime Minister Pedro Sánchez last January. On Thursday, Spain’s PSOE-led......

Urgent call for brits in spain to exchange green certificates for ties

The British Embassy in Spain has issued an urgent appeal for British residents in the provinces of Málaga and Alicante to exchange their green certificates for TIE cards, following new regulations that could significantly affect their travel rights. This request is particularly pressing given......

UK and EU forge landmark deal to strengthen post-Brexit ties

Britain and the European Union have reached a significant agreement aimed at fostering closer relationships in defence and trade, marking a pivotal moment following the UK's contentious departure from the bloc five years ago. Prime Minister Keir Starmer heralded the deal as a "new era"......

New EU-UK deal paves the way for enhanced travel and cooperation

From streamlined travel for Britons to renewed educational exchanges, the recent EU-UK deal marks a significant step in reshaping post-Brexit relations. This agreement, forged during the inaugural post-Brexit summit, brings forth a suite of provisions designed to benefit citizens on both sides of the......

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