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More Rain than Rainbows!

Monday, February 1st, 2010

Apparently it is not all doom and gloom as February begins down here on the Costa del Sol. Usually January is when we all suffer a finacial hangover from the Christmas season and to make things worse our basic cost of living increases as governments try to lob on more and more taxes. However according to the Sur in English, 2010 has started with the lowest inflation rate in history. To top that a cap has been put on telephone rates, toll road tariffs and (in some places) water rates to help us all try and survive the crisis. I could expand on the news that other prices have increased, like gas bottles and fuel, not to mention the dreaded electricity bills, but I’m going to try and keep it positive. On that note, for those of you employed on a Spanish contract the minimum wage has gone up by 1.5% and pensions also have been increased by 1%. As they say every cloud has a silver lining (albeit a small one). Here’s to surviving the crisis.

Niki Taylor
www.propertiesdirectspain.com