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Political uncertainties help GBP/EUR stand firm

STAYING on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for, over the next couple of weeks. While the pound has been struggling against a number of the majors in recent weeks, the British currency has proven resilient against the […]

Judge disagrees with the Supreme Court

By Mariano Zunino I HAVE referred to the recent Supreme Court ruling, previously, that mortgage taxes must be paid by the bank, following its 15th March judgement. Technically, it refers to Transfer Tax and Stamp Duty, while other costs are to be divided between client and bank. Despite this ruling, however, one Instance Court recently […]

Return of Lira in Italy could finish the euro

By Nick Hubble (Financial advisor) THE lira is coming back, but, following two months of silence from Italy’s coalition negotiations, it’s all happening rapidly. Remember, politics is Italy’s only way out of the euro. That currency, and its monetary policy, has kept one of the world’s major economies in the doldrums since its inception. Its […]

Pound/euro struggles

IT can save you time and money to stay on top of the latest currency news, especially with the Bank of England’s (BoE) latest rate decision looming. Latest currency news Sterling has posted a mixed performance against the euro over the past two weeks, rising initially on a dovish European Central Bank (ECB) rate decision, […]

Banco Popular shares’ purchase is cancelled

AN Oviedo Court in northern Spain has recently issued a judgement, cancelling a customer’s purchase of Banco Popular shares, regarding the 2016 capital increase, as well as three subsequent acquisitions. The resolution, subject to appeal, condemned the bank, and annulled the 5,000-share purchase, for 5,454 euros, made by the claimant between June and November 2016. […]

BoE comments prompt the GBP exchange-rate slump

DOUBTS over the prospect of a Bank of England (BoE) interest-rate hike have prompted volatility for pound exchange rates, with market focus generally returning to the subject of monetary policy. This saw the GBP/USD exchange rate slump sharply from its recent high of 1.4372, to just 1.3947. The GBP/EUR exchange rate came under similar pressure, […]

Spain finances not so healthy as it believes

SPAIN will not meet its deficit targets for this year or the next, predicts international body IMF, headed by Christine Lagarde. It has forecast that the country will end 2018 with a 2.5% deficit, which will be 0.3% away from its 2.2% target. Meanwhile, Lagarde predicts it will have a 2.1% deficit next year, which […]

It’s plain sailing – with marine insurance

LIBERTY SEGUROS offers watertight, marine-insurance policies to help expats feel safe at sea. With the warmer weather now upon us, taking to the seas is an inviting proposition for yachting and boating enthusiasts alike. However, as the owner of a valuable marine asset, preparation is vital to ensure your vessel is in prime condition, ready […]

UK PMIs limit GBP demand

UNDERWHELMING, UK, economic data has limited the appeal of the pound, although both the euro and US dollar have also come under pressure, in the last two weeks. As a result, the GBP/EUR exchange rate has climbed from 1.1366 to 1.1495. The GBP/USD exchange rate struggled to regain any particular momentum, meanwhile, hitting a fortnightly […]

With Liberty Seguros, take more, get more

WHETHER you are an existing or new customer of Liberty Seguros, now is the time to take out insurance cover on your car, home or life. You may ask: why? Well, until 25th June 2018, existing customers who take out a new policy, on one or all of these types of covers, can get 60-euro […]

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