social media, EU and Spain
In Spain, an ‘unprecedented’ housing tax on foreign-owned properties Spanish Prime Minister Pedro Sánchez said last Wednesday that his government would issue a 100% housing tax on properties bought by residents from outside the European Union.
Spain's prime minister said too many foreigners were buying investment homes. But efforts to discouraging them could hit the economy, experts said.
MADRID (Reuters) - Spanish Prime Minister Pedro Sanchez said he would propose to ban purchasers from outside the European Union from buying properties, as the government seeks to curb rising housing prices, which have become an increasing source of friction.
Spain's Prime Minister Pedro Sánchez said too many people were buying Spanish homes as an investment rather than to live in.
Spain is planning a raft of measures to address its brewing housing crisis, including an up to 100% tax on properties bought by people who are neither citizens nor residents of the European Union.
Pedro Sanchez said the EU should put an end to anonymity of users in social-media platforms and hold their CEOs personally accountable if they fail to comply with regulations.
EXCL: A Place in the Sun presenter Laura Hamilton, who helps Brits find their dream home abroad, branded Sanchez's plan 'crazy' - but said it was already backfiring for the Spanish PM.
The Spanish enclave of Melilla is one of the world’s most intriguing political anomalies. Despite being located in Morocco, Africa, it is politically a part of Spain and, therefore, the European Union.
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A prosperous future for fisheries is still within reach. This is the legacy policymakers must commit to today, not tomorrow. Closing our eyes to the realities of our situation leads nowhere, Pascale Moehrle and Dr Monica Verbeek write.
Socialist PM Sanchez announces several measures, including 100 percent tax on foreigners, to tackle the housing crisis.