December 2007
You're watching the articles of Euribor for the month of December 2007.
A quick points to put the average value of Euribor to a year to December 2007: 4792%
And for amargaros's Eve, to remind you that tomorrow we rise in prices in almost everything.
Well, not everything goes up lately as it has dropped the price of cocaine. Will it be a side effect of rising mortgage?
I leave with you thinking about that question interesting, as we bid farewell to this year so strange for the economy.
Happy 2008 to all 
Written by Carlos Lopez on December 31, 2007 with 50 comments
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An interesting documentary recommended by our readers "explanations" for spending the afternoon of Sunday, or even Eve.
It is very long, almost 2 hours, so take it easy and see if it jams, leaving it paused a few minutes to fill the buffer of video.
Thanks for the warning, and if you wish to share with the rest of the readers some information do not hesitate to tell me or write directly in the area of comments.
Written by Carlos Lopez on December 30, 2007 with 42 comments
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That is, neither Trichet nor Booty, is ZP. At least that is what will the 70% of the Spaniards.
70% of people with mortgages in force believes that the responsibility for that interest rates rise relentlessly is the government, according to a survey published today. The data correspond to the Second Wave of 2007 of the Mortgage Market Survey conducted by the Agency Negotiating Banking Products.
And I think this will be one of the few times that leave in defense of the government of Spain and to remember that both increases and decreases the Euribor since we entered the Euro does not depend on the national, if not the ECB.
So perhaps this will be the only time she quit in defense of the current government.
I was thinking about that joke today and put it on the day of the innocent, but it seems to me inocentada enough to see that closed on December Euribor in the very near 4.8% to put more scares, so I wish everyone a good view week until you read in a few hours because I'm going to sleep now:).
Written by Carlos Lopez on December 28, 2007 with 255 comments
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We know that when acatarra U.S., and Europe sneezes what happens there, I fear that is more than a winter flu, is portrayed to be something more serious, particularly real estate with an infection reduction of U.S. dollars and inflactitis. So the enferno presents us with some symptoms with a drop in the price of housing from 6.7% in October, or what is the same, 40 degrees and rising fever.
In Spain the diagnosis is something better, but also worrisome because according to the doctors inform us of idealistic, housing drops used in Madrid and Barcelona in 2007.
In Barcelona the drop was 2% putting its price in 4769 euros per square meter. In Madrid, the price fell by 0.3% and reached the 4262 euros per square meter, according data idealista.com, for which "the slowdown that started in the second half of 2006 has given way in 2007 at the earliest drops that, although mild, confirming the end of a cycle. "
Although as a side effect of these diseases, we have to savers who are the ones who are going to cover now, just look at the last tanks positioned Openbank that the interest rate on their deposits between 4.5% and 10% to Starting January. As always, these deposits are more fine print that Quixote pocket, but frankly beginning to be interesting.
And meanwhile, for the remainder of the deadly wages have lost between 9 and 20 points in purchasing power in the last decade by the burden of mortgages. Mal did business with the Euro.
This is what shows the current economic insipid in these days of economic information with half of Spain holidays, among which, fortunately, myself included.
Written by Carlos Lopez on December 27, 2007 with 196 reviews
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Or not ... it all depends on where you read. This is nice for freedom of expression and the variety of means available to us, we have for the optimistic and pessimistic, just look at these headlines:
- Country: The Christmas grew by 6% despite inflation and indebtedness family
There is nothing to slow consumption at Christmas. Buy at this time seems something sacred. Despite the rise in inflation, interest rates and household indebtedness, sales have increased compared to the same period last year. Miguel Angel Fraile, secretary general of the Confederation of Trade Catalana, he recalled that a year ago at this time consumption increased 6% to 8%, and now lies between 3% and 6%. The figures are estimates because the campaign ends in Reyes, but the joy was palpable consumerist yesterday in Barcelona with hundreds of citizens with their gift bags with purchases. - The Economist: From Madrid to Miami, the fall in housing hits the consumer spending at Christmas
Spanish shoppers plan to spend less this Christmas, because the higher mortgage payments reduce the family budget.
Ya see, or that we are agreed, though of course, one thing can happen, we like the posts to reduce risk and a payment, let's take courage and let him pay the mortgage, at least that is what makes every day more People who default rate exceeded the barrier of 0.8% in October and builds up its fourth consecutive rise.
What do you think? Have you cut your budget Christmas this year?.
I for the moment, I'm going to make the purchases of the kings, who in my house for that we are very Spanish and one is still on vacation
Written by Carlos Lopez on December 26, 2007 with 123 comments
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