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Leading ratings agency downgrades spanish debts
Key debt ratings agency Moody's has downgraded Spain's credit rating and warned it may go lower again, sparking sharp declines for the euro and fresh concern over the country's economic stability.
Thu, Mar 10, 2011
Market expert says turkey, poland ripe for investment
Leading investment researcher Real Capital Analytics has identified Turkey and Poland as the leading European markets for property investment this year, at the annual MIPIM commercial property conference in Cannes.
Thu, Mar 10, 2011
Monarch to fly more spain routes
Low-cost carrier Monarch has added several new services from the UK to Spanish holiday hotspots Malaga, Majorca and Alicante.
Thu, Mar 10, 2011
China launches national affordable homes initiative
The Chinese government has pledged to build 10 million low cost homes this year, to ease the upward pressure on property prices which is locking many first time buyers out of the market.
Thu, Mar 10, 2011
Europe dominates world tourism rankings
European nations make up seven of the world's top 10 most competitive tourist markets, according to a World Economic Forum report published this week. Switzerland, Germany and France topped the list, all rating highly for their sophisticated infrastructure, price competitiveness and natural and cultural attractions.
Thu, Mar 10, 2011
Third airport in the works for beijing
The city will benefit from increased international tourism when a third airport is constructed on its southern fringes in 2015.
Wed, Mar 09, 2011
Venezuelan skyscraper taken over by squatters
A housing shortage in the Venezuelan city of Caracas has led a group of squatters to form a makeshift town in a gargantuan abandoned office tower.
Wed, Mar 09, 2011
Berlin district suffers from ‘tourist overload’
A group of residents from the Berlin suburb of Kreuzberg are launching a campaign against the rowdy backpacker tourists invading their neighbourhood.
Wed, Mar 09, 2011
New japanese train to break speed record
The latest in Japan’s range of ‘bullet trains’ is set to beat the record for domestic rail travel by 2012.
Wed, Mar 09, 2011
Spanish air strikes could cause more travel chaos
A planned succession of industrial actions by Spanish air traffic control staff could see European travellers subject to more delays and cancellations this spring.
Wed, Mar 09, 2011