Privatizing healthcare law passed in Madrid assembly

 

The Madrid assembly on Thursday approved the Fiscal and Administrative Measures Law, which paves the way for the privatization of healthcare in the region. As of January 1, tenders can be submitted for healthcare services at six hospitals and 27 clinics. Also included in the legislation is a new and controversial supplementary charge of one euro per prescription.

 

 

VP Advisers & Lawyers provide you with a firm of lawyers and economists made ​​up of qualified people with an unwavering commitment to quality service that will help you build the road to your business objectives.

Our staff provides legal advice, fiscal and financial support to national and international companies providing services in negotiation, contracting, consulting and transactions of all kinds, at all times adapting to the demands of a globalized world where the legal issues are always rigged complex solutions.

VP Advisers & Lawyers represents the interests of our clients, with extensive experience in litigation of various kinds.

§  Contractual liability and tort.

§  Liability for professional negligence.

§  Corporate conflicts: contesting corporate resolutions, actions for damages against the directors or actions of unfair competition.

§  Disputes over civil and commercial contracts, agency agreements, distribution, concession and franchising, urban and rural leases, condominiums, claims for payment, execution and interpretation of contracts, procedures for resolution and termination of contracts.

§  Process on probate law, probate, family issues, separation and divorce or disability.

Our multidisciplinary approach allows us to leverage the expertise of our lawyers, always looking for ways to solve all of our clients’ problems.

VP Advisers & Lawyers will make it easy.

Contact to us

Brussels approves 1.865 billion in funding for four Spanish banks

The European Commission on Thursday imposed an average reduction of 30 percent in the operations of Liberbank, Banco Mare Nostrum (BMN) and Banco CEISS by 2017 and forced the absorption of Caja 3 by Ibercaja in exchange for a combined capital injection of 1.865 billion euros from the European rescue fund.

The four banks in question have not been nationalized but require funding to meet capital adequacy requirements that would have been too costly to raise from private investors.

Brussels approved an injection of 730 million euros for BMN, 604 for Banco CEISS, 407 million for Caja 3 and 124 million for Liberbank. The funds will come from a bailout for the Spanish banking system from the European Stability Mechanism (ESM).

Reporting obligation of the assets and rights abroad.

From February 1st until April 30th.

Tax residents in Spain are obliged to report on the following assets and rights abroad:

- Accounts in financial institutions located abroad.
- Securities, rights, insurance and annuities deposited, managed or obtained abroad.
- Real estate and real property rights of ownership located abroad.

Failure to comply with this reporting requirement tax offense qualifies as very serious. Infringement shall constitute the following conduct of the taxpayer:

- Failure to submit on time the proxy statement
- Submit information return incomplete, inaccurate or false data
- Submit the document by means other than electronic, computer and communication when required to do so would by such means.

The Act establishes a specific penalty regime for both absolute breach of the obligation to the late submission of the statement.

Get registered in our website and download a pdf file with the english version of the Law.

For further information please contact to us.

www.vpadvisers.com

Santander to absorb unit Banesto through share swap

 

Leading Spanish bank Banco Santander said Monday it plans to absorb its Spanish retail unit Banesto and its private banking subsidiary Banif through a merger as part of a restructuring that will see the closure of 700 branches and after which Santander will operate under a single brand.

 

The minority shareholders of Banesto, who hold 10.26 percent of its capital, will receive existing shares in Banco Santander at a rate of exchange that will include a premium of 24.9 percent over Banesto's closing share price last Friday.

FREE BUSINESS REGISTRATION

Are you looking to set up your own business ? Are you considering the option of being self employed as a new challenge in your life or just as an escape way for the actual labour market situation?

In VP ADVISERS we want to help you in your new stage. We are the only business office in Orihuela Costa registered at the Industry, Tourism and Commerce Ministery as PAIT in order to offer FREE BUSINESS REGISTRATION to all that persons that are looking for a new business life.

But we are not stopping there, we are also offering low quotas in accountancy, business and personal taxation, wills, conveyancing and more other services in order to help you.

 

If you are considering the idea of setting up a new business why do not give us a visit?

Our office is based at:

Commercial Centre La Mosca
1st floor above Supercor

Orihuela Costa

965327714

info@vpadvisers.com

www.vpadvisers.com

House prices suffer biggest fall since property bubble burst

Spanish house prices fell by the most in the third quarter of this year since a massive property bubble burst around the start of 2008, according to figures released Friday by the National Statistics Institute (INE).

The INE said prices declined 15.2 percent in the period July-September from a year earlier after declining 14.4 percent in the previous three months. Prices have now fallen for the past 18 quarters, with the pace of the falls accelerating over the past year. Prices in the third quarter of last year were down 7.4 percent, eased 11.2 percent the following quarter and dropped 12.6 percent in the first quarter of this year.

Patients to be charged for non-urgent ambulance journeys to healthcare centers

The Health Ministry is proposing a copayment system for non-urgent use of ambulances that amounts to five euros per trip.
The concept of copayment for ambulance use was included in an overhaul of the sector, approved by the government in April as part of its austerity drive.

The payment system is expected to be passed in the form of an executive order at the next meeting between the central government and the regions - which are responsible for healthcare in Spain - that is due to take place on Thursday of next week.

Pension reform proposes decoupling benefits from inflation

The government is preparing a reform of the pension system under which benefits will no longer be automatically indexed to inflation, Social Security sources said Wednesday.

The Popular Party (PP) government last week cited the need to meet its budget deficit target for this year as the reason for not complying with its obligation to top up pensions as a result of inflation being almost three times the official estimate.

Our company can provide to the communities of property owners any help and assistance these could require on several areas:

• Community Accountancy.
• Preparing the meetings and resolutions and notification of the owners.
• Pursuance of outstanding community payments.
• Negotiation with suppliers or creditors.
• Monitoring and contracting of necessary maintenance services and utilities
• Legal advice and mediating between property owners.
• Assistance and advice with local town hall issues.
• Community insurances.

VP Advisers will make it easy

Contact VP Advisers

Do you have a tenant who is not paying the rent? If this is the case, you should start the eviction process as soon as possible. CONTACT OUR LEGAL STAFF

 

Other Services:

• Family Law
• Divorce Proceedings
• Business Law
• Criminal Case Representation

Are you looking for a lawyer?

VP Advisers

Jobless claims rise for fourth straight month to reach record levels

 

Jobless claims in Spain rose for the fourth month in a row in November as they approached the five million mark as the recession continued to depress the labor market.

According to figures released Tuesday by the Labor Ministry, the number of people signed up with employment offices as out of work climbed 74,296 to a record 4.907 million. In November of last year, jobless claims rose by 59,536. Compared with the same month a year earlier, jobless claims were up by 11.02 percent, or 487,355.

Foreign interest in Spanish housing market grows

 

With prices down by a third from their peaks around the start of 2008, the Spanish housing market is attracting growing interest from foreigners looking for a second home in warmer climes.

According to figures released Wednesday by the Public Works Ministry, the number of homes acquired by non-residents in the third quarter of the year climbed 18.0 percent from a year earlier to 8,803. Sales of homes to foreigners have now grown for the past five quarters, with increases of 16.2 percent in the first quarter of 2012 and 15.3 percent in the second.