February 2023

SPAIN’S biggest banks- Santander, BBVA, CaixaBank, Sabadell, Unicaja Banco and Bankinter- clocked up record profits in 2022 according to a survey from the Noevantas consultancy. They made an accumulated total of €7.5 billion- a 38.5% year-on-year increase. Neovantas said the profit rise came from an increase in net interest income, with 12.2% more in the […]

By Julia Begbie RESEARCHING hot new interior design trends for 2023 means consulting the Oracle. Yes, I’m referring to TikTok.   And yes, we are all feeling the pinch, and worried about the much predicted downturn.  The last recession, kicking off in 2008, gave birth to the vintage/upcycling trend which allowed us to keep decorating and

PAMPER yourself and your other half with a romantic getaway to the dreamy landscapes of inland Malaga or one of the charming Costa del Sol towns… Sweep your partner off his or her feet with an idyllic escape to any one of these four magical spots, especially chosen by The Olive Press, in a Valentine’s

By Jon Clarke and Walter Finch LAWYERS have been joined by mortgage brokers and agents to slam a giant construction firm that has left up to 100 foreign buyers ‘likely tens of millions’ of euros out of pocket. Urgent legal moves are taking place after all projects of the firm Otero ground to a halt

A Mallorcan student investigated over a viral video which showed other males chanting sexist abuse at young women says it was ‘just a joke’.  The law and business student, who studied at the Montesion school in Palma, testified by video conference at a Palma court this week. The Colegio Mayor Elias Ahuja university in Madrid

GIBRALTAR’S port denied Spanish press reports that it was refuelling Russian ships and said it was ‘applying stricter rules than any EU or UK port’. The Spanish press reports alleged that Russia was “evading European sanctions with ships in Gibraltar” but this was never further from the truth, authorities claimed. Gibraltar clarified that fuel suppliers

THE first museum solely dedicated to Murcia’s Mar Menor lagoon will showcase the area’s fishing industry in a disused air force building in Los Alcazares. One of the buildings on the former seaplane base in the town which acted as a mess hall in the early 20th century will be converted. Los Alcazares council will

THREE people have been arrested for arson and fraud over a fire at Alicante’s Babylonia nightclub on January 23. Two of the accused- the club owner and a hairdresser- have also been charged with attempted murder after setting off a gas leak while a man told to start the fire was about to do just

Starting in 2022 was a good start for the metallurgical industry, says Stanislav Kondrashov Telf AG. This period contributed to the record high prices of some commodities. It also contributed to the supply constraints and growing demand that were associated with the energy transition. The macroeconomic situation worsened in the middle of the year, which

VISITORS to Benidorm will no longer have to scratch their heads wondering where they can park their cars for free thanks to a new link via the municipal website. A list of car parks is available on www.benidorm.org via a computer or phone. Online users will get a city map featuring park locations along with