Costa Calida 30 May – 5 June 2024 Issue 2030

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Local impact

PHASE TWO is a close-knit group with a shared passion for making a difference and supporting local charities. This dynamic team, driven by a shared commitment to social good aims to raise funds for various causes close to their hearts.

Through their dedicated efforts, Phase Two has already achieved significant milestones, including a remarkable fundraising feat for Samaritans Spain. Despite limited promotion time, their relentless drive saw them raise an impressive sum within just one week, underscoring the power of collective action and compassion.

They raised €1,600 for Samaritans in Spain. Samaritans in Spain support anyone who is struggling to cope no matter what is worrying them. They offer support to people who may be having suicidal thoughts. Their hotline available from 10am to 10pm every day invites English speakers to reach out, emphasising a simple yet powerful message: ‘Talk

to us; we’re here for you.’

The number is 900 525 100.

In a recent celebratory event held at Camposol Golf Club, Phase Two also had the pleasure of handing over €1,600 to Refugio Del Viento

Totana Murcia, further demonstrating their unwavering support for causes they believe in. This generous contribution is set to make a meaningful impact in caring for the animals under the refuge’s watchful care.

Lifesaving first aid

FAST, the First Aid Support Team on Camposol shines through all weather to gather funds for its crucial services. Comprised of de-

dicated volunteers, FAST bridges the critical gap between medical emergencies and ambulance arrival. FAST extends heartfelt gra-

titude to generous donors who recently contributed €105 during their bucket collection.

Every euro holds immense value, supporting their monthly operating costs of €2,000. These funds are pivotal for sustaining their essential services within the Camposol community. The cheerful waves and donations received are a testament to the community’s solidarity. FAST expresses

profound appreciation for this invaluable support, ensuring the continued provision of vital first-aid assistance.

Murcia explores

CORVERA Airport has added a new route for summer 2024. Soltour, the tour operator, has announced a direct flight from Murcia to Tirana, Albania, on Saturday, July 6. This service includes both flight and accommodation, offering a chance to explore one of Europe’s most charming destinations.

Luis Santos, Soltour’s Commercial Director for Spain and Portugal, highlights the advantages of this new route: “Albania presents a rich blend of culture, history, and natural landscapes, all within reach through a short, direct flight. This direct connection not only benefits Murcian travellers but also fosters tourism and cultural exchanges between Murcia and Albania.”

FREE FREE FREI GRATIS GRATIS GRATIS GRATIS GRATUITO VRIJ LIVRE ILMAINEN G F E GRATIS GRATUIT S G
Costa Calida • Issue No. 2030 • 30 May - 5 June 2024
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Image: Facebook/F.A.S.T Community care in action.
Image: Shutterstock/ Andrew Mayovskyy Image: Phase Two Making a difference together.

IN response to the growing issue of loneliness among seniors, the Age Concern Golden Connections Club was created, o ering a solution to the social isolation faced by individuals aged 55 and above. The club, in collaboration with Rendezvous, Camposol sector A, aims to combat loneliness and foster friendships.

The club provides a welcoming space for seniors to meet monthly, share experiences, and form lasting bonds. The initiative emphasises inclusivity and accessibility, welcoming both social butter ies and those looking to expand their social circles. The goal is to create a supportive community where everyone feels valued and

Golden connections Tourism funding Summer Fun

heard.

The next monthly lunch is scheduled for Wednesday, June 5, from 2 to 4pm at Rendezvous on Camposol A Sector, with subsequent lunches held at the same time on the rst Wednesday of every month. Tickets, priced at €10 per person, include

a delightful lunch, sponge cake, and tea or co ee. Tickets are available at Rendezvous during opening hours or at the Age Concern Social Centre in Camposol C Sector. For more information visit their Facebook page or contact ageconcern costacalida@gmail.com.

FERNANDO LÓPEZ MIRAS, president of the Murcia Region, has unveiled plans for €8 million in direct grants aimed at modernising tourist accommodations.

The grants aim to enhance the quality of both hotel and non-hotel lodging options in the region. López Miras emphasised that this initiative is a strategic move to boost the competitiveness of the tourism sector.

The modernisation e orts will primarily bene t areas like Lorca, Cartagena, and Murcia City, as well as coastal hotels

SUMMER is just around the corner so get your swimmers ready as Aqua Natura has officially opened its doors. On May 25 they opened for the 2024 summer season.

Located at Terra Natura, the water park boasts attractions suitable for all ages, including thri-

and businesses in need of upgrades. Key improvements will focus on energy eciency, digitalisation, and sustainability.

This funding complements the region’s increased budget for tourism, now totalling €22 million for 2024, double the amount from four years prior.

Record-breaking tourism gures in recent years re ect the success of Murcia’s tourism strategy, with visitor arrivals and overnight stays surpassing historical highs. Projections for 2024 suggest continued growth.

lling slides, splash areas for children, and relaxing chill-out zones. Visitors can enjoy various entertainment shows scheduled throughout the day.

Additionally, you can purchase a ticket that includes access to Terra Natura Zoo, where

guests can watch an exotic bird show, explore the safari park, and dine at unique restaurants, such as one with a glass enclosure allowing diners to eat near lions.

For more information and ticket bookings, visit the Terra Natura website Murcia.terranatura.com.

2 euroweeklynews.com • Local News • 30 May - 5 June 2024
Image: Shutterstock/aerophoto
NEW PLANS: €8m boost for Murcia tourism.
Image: Shutterstock/ SeventyFour
Combat
loneliness and create a brighter future.

NIBS EXTRA

Planets align

A RARE astronomical event will unfold in June: Mercury, Mars, Jupiter, Saturn, Neptune, and Uranus will possibly grace the pre-dawn sky on June 2 or 3 in the Region of Murcia. This celestial event should be visible without a telescope.

Beach yoga

LOTUS FLOWER holds beach yoga and Pilates every Wednesday and Friday morning on Los Narejos Beach on the green area to the left of Bar Spinosa. The lessons are taught in English. For info and prices call 0034 634 132 864.

MABS BBQ

MABS San Javier recently raised €811 at its BBQ event in La Zona in Los Narejos. The event, with live music and a raffle, was enjoyed by all those who attended. The funds raised will help with their mission to support those affected by cancer.

Support group

A REMINDER that a Men’s Bereavement Support group takes place every Friday from 1.30pm to 3pm upstairs in Trevi’s Bar in Camposol Sector B. For more information contact 0034 711 004 488.

Discover Murcia City

MURCIA City is the seventh largest city in the country, with a population of around 460,349 inhabitants. The city’s rich history is reflected in its architecture and main sights. The Cathedral of Murcia is a key landmark. The Glorieta has traditionally been the town’s centre since the 18th century. The city hall is also situated here.

Murcia’s old town, largely pedestrianised, is centred around Calle Platería and Calle Trapería. The Casino featuring a Moorish-style patio inspired by the Alhambra is a must-visit.

Murcia is famous for its lively atmosphere and festivals. The Holy Week procession is among the most renowned in Spain.

Following Holy Week, the city celebrates the Spring Festivals including the famous and the colourful Burial of the Sardine parade.

Murcia is also famous for its lively atmosphere. The bustling Plaza Cardenal Belluga is a popular spot as is the Mercado de Correos, the converted central post oce, for locals and tourists, lled with cafes and restaurants where one can enjoy traditional Murcian cuisine. For those who enjoy green spaces, the Segura River

THE Mercado de Correos is a vibrant foodie paradise. Housed in a historic building that was once the city’s central post o ce, it was restored retaining features like the original facade and ooring.

This is the trendiest hotspot in Murcia that appeals to all ages with a wide variety of food, drinks, cocktai-

runs through the city, flanked by beautiful parks and walking paths. The Malecón Garden is worth a visit, offering a peaceful break from the bustling city.

Overall, Murcia City offers a blend of historical sites, a vibrant culture, and a warm climate. It is a delightful destination for anyone looking to experience the heart of southeastern Spain.

Mercado de Correos

ls, and entertainment available. The ground oor layout revolves around the central bar, with food stations lining the longer sides of the rectangular space. The terrace,

River cleanup

THE Murcia City Hall is gearing up for another exciting event on Saturday June 1 - the return of #RetoRíoLimpio (Clean River Challenge)! This initiative invites volunteers to join in cleaning up the riverbanks of the Segura River in a day of collaboration for the environment.

The day kicks off at 9.30am with the collection of accreditations and volunteer bibs, followed by the river clean-up activi-

named ‘El Invernadero’ (the conservatory) due to its glass covering is the livelier area with DJs and ambient music on the ground oor. The upper oor is designated for events.

The ‘market’, open every day from 10am to midnight extending to 2am on Fridays and Saturdays, is always bustling with activity.

ties. Participants can expect a lively atmosphere with the promise of a giant paella cooking session, a thrilling show featuring Drilo the Crocodile for the kids, and groovy beats spun by DJ Madbel.

The event isn’t just about cleaning up; it’s also about community engagement and celebration.

So mark your calendars, grab your friends, and be part of this meaningful project to keep the Segura River clean.

With fun surprises in store, it’s an event not to be missed!

THE sixth year of ‘Noches del Malecón’ is set to take Murcia by storm this summer, o ering an array of cultural activities from June 1 onwards. With over 130,000 attendees in its previous year, this event aims to solidify its place as one of Spain’s most-attended concert series.

Organised by the Murcia City Council, the festival boasts an impressive lineup featuring Grammy-winning American rock band Larkin Poe, Argentine artist Kevin Johansen, and local favourites like Andy & Lucas, Pignoise, and El Kanka.

Aside from music, attendees can enjoy standup comedy shows, hypnotism performances, and even a business networking event, ensuring something for everyone. Gastronomy enthusiasts can participate in wine tastings featuring DOP Vinos de Jumilla, while art lovers can unleash their creativity in collage workshops led by Electric Girl.

With its diverse programme and top-notch organisation, ‘Noches del Malecón’ aims to o er locals and tourists an unforgettable summer experience.

The Euro Weekly News publishes more content both online at euroweeklynews. com and in its papers than any other English news publication in SPAIN. Even better, our news online and in print is FREE and we promise to always keep it that way. FOR MORE NEWS STORIES euroweeklynews.com Summer
voncerts
3 euroweeklynews.com 30 May - 5 June 2024 • Local News • Image: Shutterstock/ saiko3p Image: Shutterstock/ alexkatkov River clean-up fun.
Sun, history, and festive spirit!

Railway progress

THE high-speed railway subterranean development of Barriomar and the development of the El Carmen station in Murcia are nearing completion, set for mid-2025. With a €16.4 million contract, Adif AV is nalising the interconnected station, a key component of Murcia’s new railway setup. Of the 13.4 kilometres of the new track, 6.1 kilometres will accommodate eight station tracks, facilitating high-speed and regional services.

Progress on the underground section stands at 90 per cent. Future work will focus on interior architecture, equipment installation, and city infrastructure. The El Carmen station aligns with the Mediterranean Corridor project, vital for Spain’s connectivity with Europe.

Notably, Ouigo’s low-cost high-speed service, starting in September, promises a ordable fares and short travel times between Murcia and Madrid, enhancing regional accessibility. With Ouigo and Renfe’s AVLO services, Murcia is poised for increased connectivity, catering to a variety of passenger needs and promoting regional development.

Murcia’s oil

Bat signal

THE Murcia Council is enhancing the installation of bat shelters across parks and green spaces to control mosquito populations sustainably. Bats play a crucial role in urban ecosystems by controlling insects and aiding in pollination. These shelters, strategically positioned in parks and green areas, are durable and eco-friendly, providing a safe habitat for bats.

THE Region of Murcia’s extra virgin olive oil exports saw a signi cant increase of 15 per cent in the latest campaign, surpassing €12 million. The 2023/2024 season witnessed the production of 7,782 tons of high-quality oil across the region’s 44 olive presses.

Sara Rubira, the councillor for Water, Agriculture, Livestock, and Fisheries, hailed these gures, attributing them to the diligent e orts of local farmers and producers. She emphasised the pivotal role they play in elevating sales gures. Rubira also

highlighted recent initiatives undertaken by the government to support the olive sector.

In a recent visit to Yecla, Rubira toured the Deortegas Olive Mill. Founded by a family with a rich history in olive cultivation, Deortegas stands as a testament to the region’s commitment to producing top-tier organic extra virgin olive oil while preserving environmental integrity. With 170 hectares dedicated to traditional and organic farming, boasting 33,000 olive trees across three estates.

Regular monitoring ensures the well-being of bat colonies and evaluates the project’s impact on the biodiversity of towns and cities. The initiative not only benets bats but also promotes a healthier environment by reducing the need for chemical pesticides. It serves as an educational tool, emphasising the importance of bats and dispelling misconceptions. This e ort complements previous installations of nest boxes for birds and owls, contributing to over 50 bat shelters across the area. Bats play a vital role in controlling insect pests, with some species consuming up to 3,000 mosquitoes per night.

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OLIVE OIL: Export increase, quality soars.
Image: Shutterstock/New Africa

Property trends Vital support

THE housing market in the Region of Murcia is experiencing contrasting trends, with a notable increase in home purchases, but a decline in mortgage signings. Between January and March of this year, 5,902 houses were sold in the region, marking a signi cant 20.8 per cent increase compared to the previous quarter. This gure surpasses the national average and positions Murcia as the sixth region with the highest number of property transactions.

However, despite the uptick in home sales, mortgage signings witnessed a notable 28.64 per cent decrease in March compared to the previous year. This trend re ects a preference among Murcians towards purchasing homes without the need for mortgages, as evidenced by a 23.52 per cent drop in loans compared to the previous month.

Although mortgage activity has dwindled, the housing market remains resilient, buoyed by seasonal demand and overall market strength. Of the properties sold in the rst three months of 2024, 1,153 were newly built, indicating a 21.5 per cent increase, while 4,749 were previously owned homes, showing a 20.6 per cent rise.

FAST, the First Aid Support Team in Camposol is run by trained volunteers to provide essential rst aid until an ambulance arrives. They are organising several fundraising events this June. On Monday, June 3, Antonio will give a local history talk at Camposol Golf Club, discussing Spain’s transition from Franco’s death to EU entry. Remember to book your tickets! Tickets are also available for a trip to San Pedro de Pinatar on Saturday, June 8. For €17 per person, you can enjoy the famous mud baths, known for their health bene ts, or explore

the beautiful area and its wildlife, including amingos. There are plenty of beachfront bars and restaurants to relax in. The bus departs Camposol B at 10.00am and leaves San Pedro at 4.00pm.

Lastly, tickets are available for a day out in Benidorm on Sunday, June 23. Don’t forget you can get your blood pressure checked by one of their quali ed responders while you’re there! Get your tickets at the FAST stall located outside The Diner on Camposol Sector B on Fridays from 10.30am to 12.30pm.

Murcia Cathedral

THE Cathedral of Murcia, a stunning landmark in the centre of Murcia, stands as a testament to the city’s rich history.

Construction of this impressive cathedral began in 1394 and concluded in 1465, showcasing the Castilian Gothic style.

One of the most striking features is the cathedral’s façade, added in the 18th century, which is a masterpiece of Spanish Baroque design. The interior houses numerous chapels, each adorned with intricate artwork and religious relics, including the Chapel of the Vélez, renowned for its ornate Gothic decoration.

The bell tower, which rises to 93 metres, o ers panoramic views of Murcia. The Cathedral of Murcia is also a key tourist attraction.

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Image: Shutterstock/ jpja1472
Sales up, mortgages down!
Image: Shutterstock/Alex Tihonovs
FUNDRAISING EVENTS: FAST June adventures.

National Service

IF Rishi Sunak and the Conservatives are re-elected, teenagers will be at the forefront of policy decisions as they won’t be allowed to smoke, but could fight for King and Country.

The plan is to offer 18-year-olds two options, firstly to become a member of the Armed Forces for a year and be paid or become an unpaid volunteer with community services such as the police of fire brigade one weekend a month.

Clearly, this is aimed to appeal to the Tory heartlands as so often, whenever youth misbehaves, the voices of many are raised saying “they wouldn’t behave like that if they had seen National Service!”

In fact National Service in the UK was scrapped in 1960, so any male who was born prior to 1942 would have experien-

ced it but today would be over 80, so the majority of those calling for it to come back would never have experienced it!

The Prime Minister explained on Saturday May 25 “I will bring in a new model of national service to create a shared sense of purpose among our young people and a renewed sense of pride in our country.”

He added the move would help young people learn “real world skills, do new things and contribute to their community and our country.”

Although supposedly a mandatory requirement, talking to Sky News’s Sunday Morning With Trevor Phillips, the next day, Home Secretary James Cleverly said: “There’s going to be no criminal sanctions, nobody’s going to jail over this” if they refuse to take part.

Coffee lovers

WHILE finding a decent cup of tea outside the UK may be challenging, the same cannot be said for coffee.

As the world coffee consumption rises by 2-2.5 per cent each year, this is good news for cafes everywhere. Here in Spain, drinking coffee is seen as a way of life. According to the Spanish Coffee Association (AECafe), 65.5 million cups of coffee are drunk every day!

Not all coffees are created equal and neither are they priced that way. For example, buying a cup of coffee in the UK typically costs £3.70 (€4.30). Likewise, you can expect to pay a similar sum in Denmark, Switzerland, Norway, Finland and Sweden. Thankfully, here in Spain, the cost is a more reasonable average price of €1.50.

While there is a whole variety of coffees to choose from, there are typically two types of coffee drinker.

The first places value not

There are a whole variety of coffees to choose from.

on the coffee itself but the entire ‘coffee experience’. They will select places based on the setting and ambience. This could be somewhere to enjoy reading a book, socialising with friends or finding some much-needed solitude.

The other is more interested in the barista types, where the attraction is the

variety of beans on offer and the preparation techniques. Most likely, they are looking for their ‘fix’ on the go or to consume at a desk.

One thing’s for sure, with so many cafés to choose from in Spain, you are sure to find the perfect place to satisfy your coffee desires to your heart’s content.

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Credit: Amenic181, Shutterstock
Rishi Sunak wants to see the return of National Service.
Simon Dawson / No 10 Downing Street flickr
Credit

The Courier is No.1 on Netflix

HITTING 11,200,000 views on Netflix between May 13 - May 19, ‘The Courier’ provides an intense look into Spain’s financial turbulence from 1992 to 2011. Based on true events, real news footage is weaved into the narrative, underscoring the authenticity of its wild crime saga. For fans of Spanish cinema and TV, the film is a trove of familiar faces. Aron Piper, known for his roles in ‘Muted’, ‘Elite’ and ‘The Mess You Leave Behind’ leads the cast.

Although a Spanish production, ‘The Courier’ unfolds across several European cities including Brussels, Geneva, Madrid, and Marbella.

The narrative begins in 1992, a pivotal year for Spain with the Olympics and the Expo in Barcelona. Ivan (Piper) experiences first-hand the stark impact of financial collapse on his family, moving from prosperity to hardship within a short space of time. The story then leaps to 2002, capturing Spain’s entry into the Euro.

Opportunities abound in this era of economic upheaval, particularly for those unscrupulous enough to exploit the vulnerable. As a young man disillusioned by his country’s government, Ivan is determined to transcend his humble beginnings. Working as a valet at a luxurious golf club in

Madrid, he seizes the chance to infiltrate the world of powerful elites, becoming a Belgian courier for an international money laundering organisation, transporting suitcases to Brussels and Geneva.

Ivan is not content to remain a mere courier.

He sets his sights on the Costa del Sol, a region teeming with dirty money,

INTERVIEW

aiming to capitalise on the corrupt dealings of property developers, politicians, bankers, and athletes. Ivan’s ambition knows no bounds; he is willing to harm anyone in his quest for wealth.

At its core, ‘The Courier’ is a tale of crime and its eventual consequences. It portrays the allure of a lavish lifestyle and the inevi-

table downfall that follows. Overall, the film is a riveting crime thriller that provides a stark reminder of the destructive power of greed. The success of ‘The Courier’ demonstrates the enthusiasm for non-English stories, which now generate 30 per cent of all Netflix viewing, according to a recent report by the streaming channel.

Speaking European –

Jan Törstedt

The first thought Jan had after he had finished his national duty in the Swedish military, was “I’ve got to go to Spain.” He was in his 20s and was the first Swedish ERASMUS student to come to Spain, moving to study at the University of Barcelona in 1995.

ALMOST 30 years later, he resides in Barcelona with his Spanish family and shares his love of Spain and “its way of living.”

Even back in 1995, when there were much fewer expatriates than today, Jan remembers how welcomed he felt: “Spain is the most welcoming country in the world because they are so used to visitors.”

Jan believes in a strong expatriate commu nity: “Foreigners in Spain have the most in common with each other, no matter where they

come from. Out of the entire planet, they choose to come here and that shows the kind of values that they have and the lifestyle they desire.”

Jan Törstedt in Spain

One of Jan’s favourite things about Spain is its diversity and uniqueness from region to region. He also loves the climate but with the country’s rich culture, unmatchable scenery and welcoming people, he has learnt that “Spain is so much more than just the sun.”

Credit: Instagram
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Non-English films are becoming increasingly popular on Netflix.

QUIRKY TOWN

Human towers in Tarragona

ONE of the better known quirks of Catalonian human nature is that of the building of human towers across the region.

Probably the most famous is that which takes place in Tarragona which claims to be the biggest and best.

The phrase “room for a little one” really rings true as four local teams as well as visiting groups known as Colles compete to see how high and sturdy their tower can be and a lot is down to weight and size.

Every two years Tarragona hosts what it refers to as the world’s biggest human tower (Castellar) building competition which can surpass 15 metres in height.

The towers are made of people standing on each other’s shoulders and usually, a small child climbs last to reach

the tip of the sometimes shaking tower and the tradition in Catalonia goes back to the 18th century.

Covid stopped the 2020 event but it did take place in 2022 and now it returns to Tarragona with practices starting on June 24 around the streets of the city and the grand finale being held in the Tarraco Arena (the old bullfighting ring) on October 6.

Huge numbers of spectators fill the bullring as they watch the different teams compete with the heaviest and strongest forming the base and others who are lighter climbing on top but there are no safety nets and it’s not without danger.

Even the children who wear safety helmets could fall and sometimes it is the dismounting that can be more dangerous than building the tower.

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Building a successful tower in the final. Credit: Tarragona Tourism

June Events

THE Royal British Legion’s Murcia Branch has a busy June ahead with several events planned. Known for supporting the Armed Forces community, the Legion is gearing up for the 80th anniversary D-Day celebration on June 8 in Camposol.

This evening promises to be a popular event, featuring a raffle with tickets available for €5 from any Murcia Branch RBL Committee member or at the event and live music from the Quality Street band.

To secure your place, contact Cat’s Bar, Tel’s Bar, or Rendezvous on Camposol; reservations cost €2 per person. The event begins at 8pm and will finish around midnight. Additionally, they are hosting social craft afternoons, offering a chance

to get creative while socialising. The first session is scheduled for June 18 in Cehegin, followed by another on June 25 in Camposol. Each session costs €5 per person, and participants can take home their creations. Refreshments will be available for purchase. Email juliebiddles@hot mail.co.uk or WhatsApp 0034 711 012 815 . Recently, the RBL Murcia Branch raised €307 through a quiz and raffle, highlighting their ongoing efforts to support the community. These events are a great way to get involved and support the Royal British Legion’s mission.

COSTA CALIDA

Line Dancing Fundraiser

ON Saturday, June 1, grab your cowboy hat and dancing shoes for a paw-some cause! The PAPS Dogs Rescue Shelter in Spain is hosting a country line dancing fundraiser at La Zona Terraza in Los Narejos, from 10am to 12.30pm.

For just €8, attendees can enjoy two and a half hours of boot-scooting fun, complete with a

Legend Rock

raffle break. No experience? No problem! The event welcomes complete beginners, with the class taught in English.

But what if you can’t make it? Don’t fret! You can still lend a paw by donating online: https:// gofund.me/15fb99a6 Every contribution helps PAPS rescue, care for, and rehome abandoned dogs. So, mark your

ROCK legend Peter Jezewski is back! The former lead singer of ‘The Boppers’ is making a return to San Pedro del Pinatar for a special live performance at YAROA Bar. With over 45 years as one of Sweden’s most beloved artists, Jezewski promises an unforgettable evening. Fans can look forward to a mix of classic 50s and 60s hits along with some of his biggest songs. The event is set for Friday, June 28, with dinner starting at 5pm and the show kicking off at 7pm.

A special dinner will

be served for just €30, making it a great deal for a night of nostalgia and entertainment.

YAROA Bar is conveniently located in the same building as Traiña Hotel at Avenida Romería de la Virgen del Carmen, 86A, 30740 San Pedro del Pinatar, Murcia. Reservations are a must as tables are selling fast.

To book your spot, call or WhatsApp 0034 671 037 379 or phone 0034 968 180 002 Don’t miss out on this incredible evening with Peter Jezewski!

calendar, book your spot in advance, and get ready to dance for a good cause. Remember, every step you take supports a wagging tail and a furry friend in need. Let’s line dance our way to making a difference!

For more information contact: WhatsApp: 0034 634 132 864, email: lotusflowerspain @gmail.com

IF you’re a fan of quiz shows, mark your calendar for Wednesday nights at 7.30pm because something special’s happening at Alley Palais on Camposol - it’s ‘SHOW US YOUR BATS’ time! Hosted by the charismatic Paul Bryce, this isn’t your ordinary quiz night. It’s interactive, it’s fun, and it’s for everyone! With multiple-choice questions covering all sorts of topics, it’s your chance to shine and maybe even win big with the ‘Lucky 7’ Jackpot up for grabs. So, gather your crew and head down to Alley Palais for a guaranteed great time. Whether you’re a trivia buff or just looking for a midweek pick-me-up, ‘SHOW US YOUR BATS’ has got you covered. See you there!

Image: DavideAngelini Image: Facebook/ Peter Jezewski
Image: Shutterstock/
Lorraine Swanson

Eurostar expansion

EUROSTAR’S chief executive has outlined ambitious plans for the future, including the redesign of St Pancras and Paris Gare du Nord.

Work is planned on the stations over the next five years in a bid to accommodate more passengers.

The rail service is considering expanding its routes from London and is in talks to purchase 50 new trains to facilitate this growth.

Gwendoline Cazenave, Eurostar’s CEO, emphasised the strong demand for their services and the company’s aspirations for further expansion across Europe.

The potential introduction of new routes will coincide with the acquisition of a new fleet of trains, which will replace older models and increase the size of Eurostar’s fleet from 51 to 67 trains.

Manufacturers are being evaluated based on their ability to deliver the trains quickly, with expectations of having them in service by the early 2030s.

Eurostar’s expansion plans come on the heels of its record-breaking annual revenue exceeding €2 billion and a signi -

ficant rise in passenger numbers, reaching nearly 19 million.

With sustainability driving demand for travel, Eurostar anticipates serving approximately 30 million passengers annually by 2030.

To accommodate this anticipa -

ted increase, plans are underway to redesign major terminals like St Pancras and Paris Gare du Nord to create more space for passengers. Similarly, expansion projects are ongoing at Eurostar’s terminal in Amsterdam to accommodate more travellers.

Passport and TIE needed

ONE of our readers has just experienced a potential problem when travelling to the UK and has suggested that we share the following advice.

Audrey Pavron explained “I am a British passport holder living in Spain and recently renewed my passport.

“Making my first trip back to England from Malaga Airport, I presented the brand new passport to immigration and was questioned as to why there was no stamp showing my arrival in Spain.

“Naturally as a resident, I didn’t need a stamp but it hadn’t occurred to me that I should have travelled with my residency card (TIE) to prove the fact, but I had left it safely at home!

“Even though I had a copy of the card on my mobile phone, it was very touch and go as to whether I would be allowed to travel but happily they did relent and let me go to the boarding gate.”

Whilst some seasoned tra-

vellers would automatically know to take their passport and TIE card with them, others who don’t travel as much may not be aware of this and if you don’t have a TIE card but just the Green Certificate, be advised that

the British Embassy in Madrid has recommended that this be swapped as soon as possible.

Also leave plenty of time before the flight is due to take off as there is often a long queue at immigration.

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Image: Eurostar / Facebook
EUROSTAR: Ambitious plans for the future.

Democracy is dead

LEAPY LEE SAYS IT

OTHERS THINK

IT

HOMOPHOBIA is now rife. Racism is approaching rampant and with the comments and mail I’ve been receiving public frustration growing by the day. Why? Because these labels have been designed to discourage the frank discussion of either subject.

The conception is subversive but quite brilliant.

One of the most frequent observations I receive from readers is that they peruse this blurb because I discuss opinions they are not allowed to! Not allowed to? How offensive is that? The woke and PC brigade can now do just about anything they choose - and the public are afraid to even talk about it.

Lives and culture are being changed forever by leftie induced minorities that wield such power, it appears they can not only ruin reputations, but also devastate law abiding citizen’s livelihoods with impunity.

It only takes one woke to be at the head of a department or company and

with the threat of dismissal or worse, they can basically control the politics, opinions and even thinking of their subordinates.

All they need to do is report any adverse ‘findings’ to a fellow woker high up in law or politics and the target of their vitriol can suddenly find themselves at best on benefits and at worst in the dock. People are petrified to voice their true opinions in case they lose everything.

I just wish the UK had a Trump among the baby kissing codswallop brigade they have to put up with for another five weeks or so. After listening to his ‘Bronx speech’ a few days ago, I got the impression he’d been perusing my column online.

His references to immigration and the conception that they were all young men, so awash with mobile phones, designer clothes and tents that they were probably ‘raising a secret army’, sounded as though his words stepped right off the ol boy’s column.

Unfortunately for the UK I think it is already too late. The media conspiracy is worse than ever.

I recently read of a decision to re-

think the advertising of certain shampoos because it could be offensive to bald people!

If it wasn’t all so dangerous it would be comical.

Well unfortunately it’s not funny at all. The clear thinking majority are now being manipulated in ways that would have brought a smile to the lips of MaoTse Tung himself.

Any organisation that disagrees with these cancel culturists, or tries to bring their wholly unacceptable advertising practices into the public domain, is immediately vilified and pilloried in concerted attacks from all sides.

This of course means that the public are not even given the opportunity to cast a vote in their direction.

Democracy is dead. Gagging or destroying any opposition is now the order of the day. Nazi Germany, Russia, China and a number of Muslim countries come to mind! Thanks for all your mail. I do peruse every one. Keep ‘em coming.

Keep the faith Love Leapy leapylee2002@gmail.com

Leapy Lee’s opinions are his own and are not necessarily representative of those of the publishers, advertisers or sponsors.

Killer bear to relocate

A FEMALE bear, known as JJ4, that killed a jogger in the Italian Alps last year, will be relocated to a sanctuary in Germany, authorities from the northern Italian province of Trento announced on Tuesday May 21. The relocation comes after a protracted legal battle over the bear’s fate.

JJ4 fatally attacked a 26-year-old man in April 2023, leading Trento administrators to order its capture and execution. However, legal challenges from environmentalists blocked the death sentence.

“JJ4 will be transferred by the autumn,” Trento’s tourism and hunting councillor Roberto Failoni told a local daily newspaper. The bear will find a new home at the Worbis Alternative Bear Park in Germany.

The region around Trento, repopulated with bears from 1999 under an EU-funded programme, has seen several bear attacks in recent years. This has raised questions about how to achieve successful cohabitation with the animals while ensuring public safety.

12 euroweeklynews.com • Feature / News • 30 May - 5 June 2024
Areas of Italy repopulated with wild bears. Credit: Facebook ADVERTISING FEATURE

Yes or no to electric VOX Pop

THE Spanish electric vehicle (EV) market is less advanced than some of its European neighbours. We asked our readers their thoughts on purchasing one:

Paulo Silva from Portugal, now living in Polop would never consider buying an electric car because of the cost and lack of convenience. He went on to explain, “I like to drive to Portugal to visit my family, and this typically takes 12 hours. When one of my friends did the same thing in an electric car, it took them more than a day because of all the stopping… why would I do that?”

Gabriela Marian , who moved to Spain from Romania, had this to say, “I would not buy an electric car because I would be worried about running out of charge if I went on a long journey. I also do not think electric cars are better than what we have now because there is more risk of accidents, such as fires. The world wants to evolve, but I see that it is getting worse.”

Raquel Mulet Hernandez , a Cuban living in Spain for more than a decade, was very vocal in her enthusiasm for owning an electric car. She told us, “I would spend less money on maintenance, they make less noise and are much easier to park because it is free, there are zero restrictions on entering big cities, and the cost of recharging is much cheaper than gasoline.” She continued “Above all, the great environmental impact because they pollute zero, so you get to help the planet by driving one.”

Linda Bohn da Silva originally from Norway, responded with a definite ‘no’ as she does not see that they are any good for longer journeys. She explained, “The biggest issue is the lack of electric points. I would be very nervous that the car would stop and I would be stuck.”

Andrew Clarke from England, living in Cambrils said “From looking at it here in Spain, it seems that it’s not worth it. The costs are higher and the positive impact on the environment is questionable since these cars require a lot to produce. I love my old car from 1993 and want to pass it onto my grandchildren; why spend more money and energy?”

13 euroweeklynews.com 30 May - 5 June 2024 • Feature •
GABRIELA MARIAN RAQUEL MULET HERNANDEZ PAULO SILVA

FINANCE

BUSINESS EXTRA

Citi flaws

THE UK’S Prudential Regulation Authority and the Financial Conduct Authority have between them fined Citigroup £61.7 million (€72.5 million) for flaws in the company’s trading systems and controls. These failures led to a trader incorrectly selling around $1.4 billion (€1.3 billion) of equities.

Iberdrola plan

IBERDROLA hopes to thrash out an agreement enabling it to pay $35.75 (€32.91) per share for the remainder of its Connecticut-based US subsidiary Avangrid, in which it currently holds an 81.6 per cent stake. The total operation, if it goes ahead, will cost the energy company $2.551 billion (€2.348 billion).

No dice

FINANCIAL services company

Hargreaves Lansdown has twice rejected a £4.6 billion (€5.4 billion) takeover from a consortium headed by CVC Capital and Abu Dhabi’s wealth fund. The group said it was considering making a third approach for the Bristolbased company and had until June 19 to make a firm bid.

Gas licences

NATURGY hopes to renew its natural gas distribution licences in Argentina for 20 years, although the present diplomatic standoff between President Milei and the Spanish government could complicate renewal. At present Naturgy provides gas in parts of Buenos Aires province and four other provinces.

Looking ahead

ASTRAZENECA, Britain’s largest pharmaceutical company, announced revenues of $45.8 billion (€42.4 billion) in 2023, with an $80 billion (approximately €74 billion) target for 2030. The company said this could be achieved with rising demand for its biopharmaceuticals, oncology, and diabetes treatments.

STAT OF WEEK

€76.121 billion

is the current market value of Santander Bank, which has put it ahead of all other European banks after overtaking BNP Paribas’ capitalisation of €76.013 billion.

Plain sailing for M&S

MARKS & SPENCER is in its best financial shape since 1997, the company announced.

Total revenues for the financial year ending March 30 rose by more than £1 billion (€1.17 billion) to £13.04 billion (€15.3 billion).

Food sales rose by 13 per cent over the retailer’s last financial year, while clothing and homeware revenue increased by 5.3 per cent, with a 10 per cent market share, compared with 9.6 per cent in 2022.

“Both have now delivered 12 consecutive quarters of sales growth, and this gives us wind in our sails and confidence that our plan is working,” M&S chief executive Stuart Ma-

chin said.

Profits before tax and adjusting items reached £716.4 million (€840.97 million), 58 per cent above the predicted £684 million (€802.98 million) and shares at £30.02 (€35.24) reached their highest level

AMAZON’S cloud computing unit Amazon Web Services (AWS) is spending €15.7 billion on its data centres in the Aragon region.

Three AWS installations that already exist in Huesca, El Burgo de Ebro and Villanueva de Gallego will be expanded, eventually making the region one of the most important technology hubs in Europe.

These began operations in 2022 following AWS’s three-year, €2.5 billion investment, which foresaw the creation of 1,300 full-time work contracts over the following 10 years. This has now grown to 17,500 jobs, of which 6,800 will re-

Last-ditch

CANARY WHARF MANAGEMENT received a winding up petition after a retailer who closed last year left behind an unpaid energy bill.

The Npower bill ran into thousands, according to reports in the UK media, and after pursuing the debt for some time without success, the company filed the petition on May 17 “as a last resort.”

A Canary Wharf spokesman said on May 20 that the bill had been settled.

since 2017.

Nevertheless, there was “disappointment” with Ocado, which sells M&S food online and was responsible for a £37.3 million (€43.79 million) loss in 2024 compared with £29.5 million (€34.63 million) in

2022.

Sales at M&S’s international stores also dipped by 1 per cent to £719 million (€844.36 million) and Machin revealed that the company now “resetting priorities” abroad.

Without taking lease liabilities into account, the company had net funds of £45.7 million (€53.65 million) by late March, compared with a net debt of £355.6 million (€414.46 million) 12 months previously.

Meanwhile, the company will open nine new food stores over the coming year, plus four clothing and home stores despite closing 12 outdated or badly-sited stores in 2023.

Silver-lined cloud

BHP’s third try

MULTINATIONAL mining company

Anglo American turned down another approach from Australian rival, Broken Hill Proprietary Company (BHP).

The London-based group rejected an all-share £29.34 (€34.45) offer following earlier £27.53 (€32.32) and £25.08 (€29.46) bids.

This latest attempt would value Anglo American at £38.6 billion (€45.33 billion), but acceptance would involve splitting off its Amplats and Kumba platinum and iron ore subsidiaries in South Africa.

Anglo said the 18-month deadline for selling the units prior to the BHP takeover was “too risky and complex” but requested a one-week extension to negotiate a simpler deal.

If no agreement is reached, BHP will have to walk away for six months under City rules.

VIRGIN MONEY shareholders voted in favour of Nationwide Building Society’s proposed £2.9 billion (€3.4 billion) takeover.

The deal, which required backing from 75 per cent of shareholders, was approved by 89 per cent at a General Meeting on May 22, thanks mainly to Virgin Money’s biggest investor, Sir Richard Branson.

From the outset, Branson’s Virgin Group has supported the takeover which will earn the billionaire businessman £724 million (€850.7 million) although the transaction still needs approval from the Financial Conduct Authority and Prudential Regulation Authority.

main inside Aragon.

Amazon’s investment would have an impact of €21.6 billion on Spain’s gross domestic product (GDP), with a “colossal” €12.9 billion of that sum swelling Aragon’s own GDP, regional president Jorge Azcon said.

This was the equivalent of more than 30 per cent of Aragon’s GDP which in late 2022 - the last year with available figures - stood at €41.76 billion.

Flying

AIR EUROPA posted revenues of

€2.756 billion and a €165 million net profit for 2023.

This soared above 2022’s €470,000 profit and outstripped the €28.6 million corresponding to 2019 before the pandemic plunged the aviation industry into crisis.

These figures will also help Air Europa finish repaying a €141 million loan which was guaranteed by Spain’s Official Credit Institute (ICO) in 2020 and is due in August.

“These excellent results further reinforce the viability of Air Europa,” said chief executive Juan José Hidalgo, as the company, which belongs to the Globalia group, prepares for a €500 million takeover by IAG.

THE Madrid High Court cancelled three fines totalling €118 million imposed by Spain’s National Markets and Competition Commission (CNMC) on railway infrastructure companies.

Former ACS company Cobra, which now belongs to French company Vinci, and Sacyr were accused of belonging to a cartel in which 15 companies shared out 200 railway infrastructure projects worth €1.055bn over 14 years.

Cobra’s two fines totalling €27.2 million were lifted, as was Sacyr’s €762,363 although the court rejected an appeal from Siemens, which must still pay €16.8 million.

BBVA employees will soon be using artificial intelligence, the bank announced after signing an agreement with ChatGPT’s creator, OpenAI. It would explore “in a safe and responsible manner” the use of generative AI to accelerate procedures, improve productivity and increase innovation when creating texts and images or processing information, the bank said. It has now begun distributing 3,000 ChatGPT licences to its employees, and will be the first European bank to form this type of alliance.

14 euroweeklynews.com • 30 May - 5 June 2024
Virgin says yes Let off Bank on it
high
STUART MACHIN: M&S ‘confident’ chief executive said. Photo credit: M&S/Stuart Machin
credit: Flickr/Cortes de Aragon
JORGE AZCON: Aragon president announces Amazon investment.

LONDON - FTSE 100

3I Group 2.919,00 2.919,00 2.895,00 48,32K Admiral Group 2.684,0 2.689,0 2.671,0 7,73K

Airtel Africa 119,20 119,65 117,00 172,58K

Anglo American 2.627,5 2.649,5 2.617,0 131,19K

Antofagasta 2.236,00 2.249,00 2.231,00 55,04K

Ashtead Group 5.684,0 5.706,0 5.662,0 21,30K

Associated British Foods 2.708,0 2.708,0 2.690,0 26,77K AstraZeneca 12.306,0 12.362,0 12.288,0 65,95K

Auto Trader Group Plc 742,80 744,80 740,40 54,62K

Aviva 478,55 479,80 475,40 715,84K

B&M European Value Retail SA 550,12 551,60 546,80 78,28K

BAE Systems 1.388,00 1.396,50 1.382,00 166,31K Barclays 211,95 212,55 210,75 3,14M

Barratt Developments 503,14 504,40 495,90 60,97K

Beazley 662,50 662,50 656,00 54,46K

Berkeley 5.190,0 5.200,0 5.140,0 6,13K

BP 478,85 479,90 477,30 1,89M

British American Tobacco 2.399,0 2.414,0 2.391,0 275,88K

BT Group 127,95 128,30 126,05 2,33M Bunzl 2.996,0 3.014,0 2.986,0 18,51K Burberry Group 1.041,0 1.044,5 1.038,0 117,40K

141,99 143,05 141,40 838,92K Coca Cola HBC AG 2.758,0 2.762,0 2.744,0 25,90K

2.223,00 2.206,00 212,74K ConvaTec Group 248,20 248,80 246,56
Croda
DCC
Diageo 2.686,0
Diploma
DS Smith 367,80 370,00 360,60 861,57K EasyJet 455,66 458,60 449,70 310,89K Entain 700,20 711,20 699,80 435,10K Experian
F&C Invest 1.017,56
Flutter Entertainment 15.875,0
Frasers
12,89K Fresnillo 593,00 607,50 592,00 62,54K Glencore 478,55 480,00 477,13 1,54M GSK plc 1.779,50 1.785,00 1.766,50
HALEON 327,00 327,90 325,60
Halma 2.272,0 2.288,0
Hikma Pharma 1.940,00
11,98K Howden Joinery 918,50 922,00 912,00 33,66K HSBC 689,90 690,70 687,00 1,87M IAG 171,30 171,70 170,55 1,03M IMI PLC 1.866,00 1.873,00 1.863,00 7,68K Imperial Brands 1.934,00 1.939,00 1.927,50 75,64K Informa 837,20 837,60 828,00 91,63K InterContinental 7.824,0 7.844,0 7.688,0 15,75K Intermediate Capital 2.286,00 2.308,00 2.281,94 31,97K Intertek 5.045,0 5.145,0 5.000,0 41,22K J Sainsbury 276,80 277,00 274,80 330,07K JD Sports Fashion 121,70 122,00 120,13 223,30K Kingfisher 257,50 258,00 255,60 178,32K Land Securities 643,25 644,40 640,00 78,34K Legal & General 244,20 244,90 243,29 1,53M Lloyds Banking 54,84 56,12 54,68 19,42M London Stock Exchange 9.260,0 9.310,0 9.248,0 27,13K M&G 200,50 200,80 199,29 522,04K Marks & Spencer 293,16 293,20 288,26 527,62K Melrose Industries 617,60 619,95 615,60 74,72K Mondi 1.591,00 1.600,00 1.584,00 132,55K National Grid 905,20 916,80 895,60 2,97M NatWest Group 304,10 305,20 302,40 2,58M Next 9.362,0 9.364,0 9.230,0 10,05K Ocado 351,15 352,10 343,30 212,58K Pearson 938,40 939,80 932,40 98,89K Pershing Square 4.046,77 4.102,00 4.000,00 7,36K Persimmon 1.460,5 1.479,5 1.460,0 53,38K Phoenix 492,25 495,60 490,80 443,54K Prudential 759,60 762,00 752,20 429,04K Reckitt Benckiser 4.412,0 4.423,1 4.396,0 84,27K Relx 3.478,00 3.484,00 3.456,00 105,82K Rentokil 403,10 405,00 401,40 240,57K Rightmove 545,20 549,00 542,20 73,15K Rio Tinto PLC 5.650,0 5.656,0 5.619,0 224,43K Rolls-Royce Holdings 437,60 439,40 435,80 1,09M RS PLC 749,00 762,00 746,00 178,04K Sage 1.068,50 1.069,97 1.061,00 114,17K Schroders 387,8 389,2 384,6 194,05K Scottish Mortgage 885,48 893,80 882,20 183,53K Segro 892,40 893,60 887,40 116,68K Severn Trent 2.476,0 2.493,0 2.458,0 27,62K Shell 2.760,5 2.762,8 2.747,0 337,90K Smith & Nephew 970,20 975,60 967,80 128,88K Smiths Group 1.723,00 1.726,00 1.718,00 14,59K Smurfit Kappa 3.806,0 3.828,0 3.790,0 19,21K Spirax-Sarco Engineering 8.995,0 9.030,0 8.980,0 4,67K SSE 1.751,00 1.756,62 1.744,00 117,70K St. James’s Place 474,30 482,20 474,00 102,44K Standard Chartered 770,00 770,60 764,33 390,10K Taylor Wimpey 147,56 147,60 146,07 428,20K Tesco 312,04 312,30 309,60 957,10K Unilever 4.287,0 4.291,0 4.270,0 172,20K Unite 921,00 924,00 918,00 33,69K United Utilities 1.013,40 1.023,50 1.010,00 124,47K Vodafone Group PLC 74,320 74,480 73,260 3,62M Weir Group 2.122,00 2.130,00 2.108,00 78,98K Whitbread 2.946,0 2.952,0 2.933,9 29,64K WPP 819,60 820,20 814,20 39,63K 3M 99,51 100,52 98,91 3,76M Amazon.com 181,04 184,76 180,08 33,35M American Express 235,46 240,83 235,12 3,21M Amgen 306,50 311,99 304,38 2,14M Apple 186,88 191,00 186,63 50,80M Boeing 172,21 186,00 171,61 16,69M Caterpillar 350,70 361,34 348,79 2,70M Chevron 156,94 158,60 156,33 6,55M Cisco 46,60 47,19 46,51 18,81M Coca-Cola 62,09 62,88 62,05 9,80M Dow 56,92 57,52 56,82 3,42M Goldman Sachs 458,15 464,31 457,41 2,25M Home Depot 326,89 331,00 325,99 3,40M Honeywell 199,39 201,55 199,22 2,62M IBM 170,67 175,46 170,43 3,33M Intel 30,08 31,57 29,87 61,88M J&J 149,70 152,84 149,38 7,40M JPMorgan 196,92 198,30 196,07 7,88M McDonald’s 257,93 265,62 257,60 5,35M Merck&Co 131,09 131,92 130,31 6,47M Microsoft 427,00 433,60 425,42 17,17M Nike 91,40 92,58 91,15 7,61M Procter&Gamble 165,49 168,11 165,32 4,71M Salesforce Inc 278,57 287,00 277,46 5,02M The Travelers 212,24 215,91 211,48 950,05K UnitedHealth 516,83 520,22 515,23 2,85M Verizon 39,43 39,80 39,11 14,03M Visa A 274,23 277,44 273,03 6,10M Walmart 64,84 65,51 64,56 16,13M Walt Disney 100,66 103,01 100,27 10,43M M - Million Dollars TOWA Corporation +30.00% 34,197 e.l.f. Beauty, Inc. +18.72% 7.648M BBB Foods Inc. +13.80% 1.831M Shiseido Company, Limited +11.34% 57,128 EnerSys +10.85% 728,633 NVIDIA Corporation +9.32% 83.071M Lotus Technology Inc. +8.71% 404,011 Disco Corporation +6.06% 106,451 International Paper Company +6.06% 12.327M Dycom Industries, Inc. +6.03% 501,632 Cytokinetics, Incorporated -17.31% 15.398M National Grid plc -14.27% 1.68M GameStop Corp. -13.26% 29.792M Bilibili Inc. -12.37% 14.335M SolarEdge Technologies, Inc. -10.64% 3.105M Wolfspeed, Inc. -10.26% 4.105M Banco BBVA Argentina S.A. -10.09% 1.941M KE Holdings Inc. -9.96% 16.671M Lincoln Electric Holdings, Inc. -9.49% 1.047M Apellis Pharmaceuticals, Inc. -8.99% 1.943M GLOBALFOUNDRIES Inc. -8.55% 12.15M Company Change net / % Volume MAKE THE MOST OF YOUR MONEY WITH US See our advert on previous page 0.85193 1.17376 US dollar (USD) 1.0818 Japan yen (JPY) .................................. 169.92 Switzerland franc (CHF) 0.9897 Denmark kroner (DKK) 7.4608 Norway kroner (NOK) 11.533 Units per € THE ABOVE TABLE USES THE CURRENT INTERBANK EXCHANGE RATES, WHICH AREN’T REPRESENTATIVE OF THE RATE WE OFFER DOW JONES Closing Prices 27 May NASDAQ Closing Prices 27 May
Centrica
Compass 2.220,00
65,29K
Intl 4.573,0 4.573,0 4.531,0 6,91K
5.650,0 5.650,0 5.605,0 10,70K
2.695,0 2.682,0 154,91K
4.182,00 4.184,00 4.146,00 28,87K
3.688,0 3.694,0 3.673,0 26,50K
1.020,00 1.014,00 16,37K
15.875,0 15.685,0 14,92K
828,50 830,00 815,50
393,87K
523,03K
2.270,8 11,86K
1.950,00 1.939,00
Closing Prices 27 May Company priCe(p) Change(p) % Chg. net Company priCe(p) Change(p) % Chg. net M - Million Dollars M - Million Dollars Most Declined Most Advanced Company priCe(p) Change(p) % Chg. net EWN 30 May - 5 June 2024 euroweeklynews.com II FINANCE 16 currenciesdirect.com/moraira • Tel: +34 966 265 072

Media deal

SQUIRREL MEDIA has acquired IKI Group, one of Spain’s leading advertising agencies, which will now be integratedintothemedia, advertising, audiovisual and technological services company.

The amount involved was not revealed “to avoid influencing” other operations currently in the pipeline, Squirrel said.

Charge-free

DIPLOMATS based in the capital owe Transport for London (TFL) around £143 million (€167.84 million) in unpaid congestion charges.

The US Embassy’s accumulation has reached £14 million (€16.43 million), followed by Japan’s with more than £10.1 million (€11.85 million).

Nearly there

INFLATION fell to 2.3 per cent in April, down from 3.2 per cent in March and the UK’s lowest since July 2021.

“It is a major moment for the economy with inflation back to normal,” PM Rishi Sunak declared on May 22 although the April figure was above the City’s predicted 2.1 per cent.

Gas and electricity prices, respectively 38 per cent and 21 per cent lower in April, were mainly responsible for the dip in inflation, owing to

Telefonica manoeuvres

CRITERIACAIXA hopes to double its 5.007 per cent Telefonica holding.

This would put Criteria, Caixabank’s largest shareholder with a 30 per cent stake, on level pegging with the Spanish government which now owns 10 per cent of Telefonica.

Criteria declined to comment on the report based on unnamed sources quoted by the El Confidencial website on

May 21, although there was less reticence on the part of the state holding company SEPI.

The publicly owned company announced on May 20 that it had now acquired a 10 per cent Telefonica stake worth €2.28 billion in a move that was initiated to offset Saudi Arabian STC’s 10 per cent holding in the Spanish telecommunications company.

the lower price cap fixing the maximum price charged for each unit.

Falling fertiliser prices and competition between supermarkets on ownbrand items, meant milk, butter, poultry and fish were cheaper in April 2024 than they were a year earlier and helped to chip away at inflation.

In contrast, mobile phone bills and rents continued to rise and April’s figure has topped the Bank of England’s 2 per cent target.

Meanwhile, some City sources were “pessimistic” about a cut, but others did not rule out a reduction in August.

The Bank’s governor Andrew Bailey pointed out that the inflation crisis was at an end while the deputy governor Ben Broadbent, has also hinted at “possible” bank rate cut later this summer.

Madrid plans

ATLETICO DE MADRID has applied to Madrid City Hall for planning permission for its €350 million future sports centre which will cover five plots of land surrounding the club’s existing football stadium. The complex, which will cost more than €350 million instead of the €200 million originally announced, is expected to be completed and in use by late 2026.

Playing safe

ROLLS-ROYCE will supply the engines for the latest version of the US military aircraft called the Doomsday planes due to their capacity for surviving a nuclear blast as well as electromagnetic pulses. The British manufacturer will join other aerospace companies working on the aircraft that can accommodate 111 people and include work, conference and briefing rooms.

EWN 30 May - 5 June 2024 FINANCE II euroweeklynews.com 17
BUSINESS EXTRA
Photo credit: 10 Downing Street/Simon Walker RISHI SUNAK: Hailed lower inflation as a ‘major moment’.
FOR MORE INFORMATION ABOUT THE SPONSOR GO TO WWW.LINEADIRECTA.COM
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• News from Our Other 6 Newspapers •

Costa del Sol Cat collection

ON

Saturday May 25, volunteers for charity AGYA raised €187.50 and a massive 400 kilos (with a value of approximately €1,200) of animal food at the collection point at Carrefour in Estepona.

The explosion in the birthrate of cats is being contained by the Animal Rescue Charity AGYA in Manilva, Casares and Estepona. This voluntary organisation is using the CER/TNR (Trap, Neuter, Release) method, assisting the town halls to solve the problem without killing the animals. AGYA has been carrying out this task since 2013, and up to now the organisation has been self funding.

They maintain 95 feeding stations and support the general care and health of over 4,000 cats in these areas for the local communties. They urgently need more volunteers, donations and sponsorships to continue their work so if you can help please get in touch via the website: https://www.gatosyami gos.com.

Axarquia Tourist tax

ANDALUCIA will not be implementing a tourist tax at this time, as officials consider it ‘premature.’ The decision came after a meeting in Malaga between the Junta, representatives of Andalucian municipalities, and business leaders. Instead, they agreed to establish an ‘observatory for local tourism sustainability under the Andalucian Federation of Municipalities and Provinces (FAMP).’

Tourism has both positive and negative impacts on Andalucian society. While it generates significant economic benefits, such as 415,000 jobs and infrastructure improvements, it also brings challenges like gentrification, increased tourist housing, and disruptive behaviours like ‘drunk tourism’. The new research group aims to gather data and insights to ensure tourism growth is socially sustainable. The goal is to balance the industry’s development with the well-being of local residents, ensuring that the benefits of tourism do not come at the expense of community harmony.

Mallorca

Mallorca meets Cannes

THE Mallorcan film industry gathered at the Cannes Film Festival to celebrate its contribution to the international film scene. The event showcased the upcoming Atlantida Mallorca Film Fest (July 20-28) and the Evolution Film Festival (October 30 - November 5). Organised by Screen International in collaboration with the Mallorca Film Commission (MFC), the event highlighted Mallorca’s growing influence in filmmaking and its vibrant festival culture.

During the event, the MFC reaffirmed its commitment to sustainable filmmaking with the introduction of the Green Film Forum. The forum is set to take place on the island in autumn and aims to position Mallorca as a leader in eco-friendly production, reflecting the commission’s dedication to environmental responsibility and innovation.

Tickets are now available for the Atlantida Mallorca Film Fest. Culture lovers will be treated to a feast of film, music, and workshops.

Costa Blanca South Orihuela Pride

GET ready for a one-of-a-kind experience at the inaugural Orihuela Pride Festival, set to paint the town in vibrant hues on Saturday June 1.

Those supporting this event will be treated to a full parade, live performances, and a disco with DJ Angelia Ukraines spinning the tunes.

The Parade will commence at 11am and leave via the Emerald Isle car park. It will then go around the block on Calle Marte before heading down Calle Mercurio, crossing the junction, and continuing down Calle Escorpio, past the Abbey to the bottom of the road. From here, it will come back up Calle Escorpio, past Ariana’s bar and Valdimars, and then continue up Calle Osa Menor.

Then the entertainment really begins with DJ Soraya and a fantastic line-up of live entertainers. The whole extravaganza is being brought to a close with fireworks and a disco.

Almeria Mojacar keeps winning

NOT only was Mojacar chosen to be the host for the presentation of this year’s SICTED seals of approval, but it was also the recipient for four for its beaches.

The SICTED seal is a project to improve the quality of tourist destinations promoted by the Spanish Secretary of State for Tourism and is valid for two years attesting to the quality of the tourism product offered by a number of municipalities in Almeria.

It’s not just about beaches but the entire range of tourist support which includes accommodation, tourist guides, museums, boat tours, golf courses, hotels, restaurants and much more.

In the case of Mojacar, the four quality seals for the beaches of El Cantal, Lance Nuevo, Marina de la Torre, Venta del Bancal and Ventanicas complements the Blue Flags granted earlier this year.

Costa Blanca North Global appeal

GENERALITAT is allocating €875,000 to promoting the Valencian Community and enhancing Costa Blanca’s global tourist appeal.

The Counsell authorised the signing of a collaboration agreement between Turisme Comunitat Valenciana and Hosbec (The Hospitality and Tourism Business Association of the Valencian Community), placing the Valencian region at the top of the tourist market in 2024.

With the Valencian Community’s recent achievement of becoming a destination with the most Blue Flags in the world; a large amount of which are in Costa Blanca, the regional efforts to foster and preserve nature, aim to position the coast at the top of sustainable tourism.

The project will also promote summer surveillance on the beaches, including the service of safeguards and drones.

20 euroweeklynews.com • Feature • 30 May - 5 June 2024
• EUROWEEKLYNEWS.COM •

Which way is best?

DECIDING between

a 30-minute run and 10,000 steps for weight loss depends on various factors, including fitness level, intensity, and personal preference. Both activities offer significant benefits, but their effectiveness can differ based on individual goals and lifestyle.

A 30-minute run, typically at a moderate to vigorous intensity, can burn more calories in a shorter time compared to walking 10,000 steps. Running elevates the heart rate and boosts metabolism, making it a highly efficient form of cardiovascular exercise.

For those seeking to maximise calorie burn and improve cardiovascular fitness quickly, running is often the better

option.

On the other hand, walking 10,000 steps, which is roughly equivalent to five miles, is a more accessible and sustainable activity for many people. It promotes consistent movement throughout the day, which can con tribute to overall calorie expenditure and is less strenuous on the joints.

Walking is also easier to incorporate into daily routines, making it a viable long-term strategy for weight management. Ultimately, the best choice depends on personal preferences, physical condition, and long-term adherence.

Sun damage to the skin

ced approach to weight loss, ensuring variety

SUN damage to the skin, caused by ultraviolet (UV) radiation, can lead to premature ageing, sunburn, and an increased risk of skin cancer. Prolonged exposure to the sun’s UV rays breaks down collagen and elastin, leading to wrinkles, sagging, and dark spots. Additionally, it can cause DNA damage in skin cells, potentially leading to ma lignant melanoma and other skin can cers.

To avoid sun damage, it’s essential to take protective measures. Applying a broad-spectrum sunscreen with an SPF of 30 or higher is crucial. Sunscreen should be reapplied every two hours, especially after swimming or sweating. Wearing protective clothing, such as long-sleeved shirts, wide-brimmed hats, and UV-blocking sunglasses, further shields the skin from harmful rays. Seeking shade during peak sun

hours, typically from 10am to 4pm, can significantly reduce exposure. It’s also important to avoid tanning beds, which emit harmful UV radiation. Regular skin checks for new or changing moles and spots can aid in early detection of skin cancer.

By adopting these protective measures, individuals can enjoy the sun safely while minimising the risk of sun damage and maintaining healthier skin.

EWN 30 May - 5 June 2024 HEALTH & BEAUTY II euroweeklynews.com 21
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PETS

Fresh feast

FEEDING your cat or dog a raw diet has gained popularity among pet owners seeking natural, healthfocused options.

A raw diet typically includes uncooked meats, bones, organs, and sometimes fruits and vegetables.

Proponents argue that this diet mirrors what animals would eat in the wild, potentially offering benefits such as improved coat quality, increased energy, and better dental health.

For cats, a raw diet often consists of poultry, rabbit, and fish, while dogs

might enjoy beef, lamb, and chicken. It’s crucial to ensure that the diet is balanced, providing all necessary nutrients like calcium, vitamins, and fatty acids.

However, there are risks, including bacterial contamination and nutritional imbalances.

Consulting a veterinarian is essential before switching to a raw diet to ensure it’s safe and suitable for your pet’s specific health needs.

Trelawney Bresic PETRADAR, a new platform dedicated to reuniting missing pets with their owners, has launched in Spain.

Since its inception in Amsterdam in 2021, PetRadar’s innovative approach has achieved remarkable success. The platform has already assisted 70 Spanish pet owners in their search, successfully locating 54 of the missing pets.

PetRadar in Spain

PetRadar works by leveraging the power of social media to spread the word about missing pets. Based on information provided by the owners, the platform uses targeted advertisements on Facebook and Instagram to alert over 4,000 neighbours within a 1km radius of where the pet was last seen.

David Olthaar, the founder of PetRadar, expressed his enthusiasm for the platform’s achievements and its new expansion into Spain - “We can’t believe we’ve already found more than 12,000 missing pets. For a team of animal lovers, it’s truly heart-war-

ming. Branching out is a new and exciting challenge, and we’re thrilled to be able to help the pet parents of Spain!”

Looking ahead, PetRadar aims to foster a strong community of pet owners in Spain. By collaborating with local veterinarians and shelters, such as Protectora de Animales, the platform hopes to create a safer environment for pets across the country. With its innovative use of digital tools and a passionate team, Pet Radar is set to make a significant impact on the lives of pets and their owners in Spain.

Find animal loving pet-sitters for your pets

LEAVING pets anywhere when you travel on holiday can be stressful. And many believe it is always best to keep them at home in their own surroundings, if at all possible, ideally with a caring pet lover who’ll watch over them. By joining a house-sitting platform like HouseSitMatch we can help you meet checked house and pet-sitters who will travel to your home and care for your pets for free!

Plus HouseSitMatch Saves Money because the Pet-sitting is Free!

If you use HouseSitMatch.com you find free checked pet-sitters who pay their way to stay in your home caring for your pets in your absence. It’s an arrangement facilitated by a managed online system. Our house and pet- sitting works as an exchange of services - free accommodation for free pet care!

HouseSitMatch is Safe - All Members Are Checked

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Our pet-sitters are animal lovers and will take time to get to know your pets.

safety, and you choose which house-sitters come to care for your pets in your absence. Your pets stay at homeSafe and Undisturbed All pets benefit from staying at home, so their routines are undisturbed. Choose House sitmatch.com for affordable travel, home and pet care and peace of mind for you and your pets. If you’re travelling in 2024 join now and get organised today:

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2. Choose a Premium account (£89 pa) to ensure you get help online

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4. Post an advert for the dates when you want to go away. Sitters apply and you choose.

How does it work? Join our network for a small annual fee. You get ID checked for safety, then build an advert to find sitters. House-sitters see your advert, respond and you choose from the applicants.

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Sherel and John looked after Harry… Sherel and John looked after Harry early April. They sent photos and mails to inform us how he was getting on. My neighbours tell us Harry had plenty of walks. Sherel and John are very nice people, and we highly recommend them as excellent sitters.

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How do you join? Register online via www.Housesitmatch.com

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Game changing

THE recent extension of tennis tournaments in Madrid and Rome from eight days to nearly two weeks has been a lucrative move for organisers.

More competition days mean increased ticket sales, extended TV coverage, and greater financial gains.

However, while these chan-

recent Monte Carlo champion Stefanos Tsitsipas, express concerns about the physical and mental toll of back-toback extended tournaments, likening it to a superhero feat.

One key issue for top players is the perception that these extended Masters-level events are attempting

emphasise the importance of balancing the desire for more dramatic tournaments with the need to consider the well-being of players.

The issue of injuries, particularly to top young players like Jannik Sinner and Carlos Alcaraz, has brought further attention to the debate su-

Japanese vigour

FROM the streets to the world´s most prestigious sports event; Japanese street skateboarding champions aim to lead in the 2024 Olympics.

and Toa Sasaki in the men’s team and Momiji Nishiya, Oda Yumeka, Liz Akama, Funa Nakayama, Coco Yoshizawa and Miyu Ito in the women’s league.

Debuted in the 2020 Tokyo Olympics, skateboarding has never been more popular, especially in Japan; now expecting more than 20 exceptional Japanese skaters to compete in Paris.

yers, like Daniil Medvedev, believe the two-week format

kely to cause injuries, others,

dge the complex relationship between player welfare and

“The level of Japanese skateboarders is high and the real battle begins here,” said the skating world champion, Sora Shirai.

This summer, Japan can potentially earn up the three men’s and three women’s berths in Paris.

The current list of Japan’s top 10 skateboarders is dominated by Shirai, Kairi Netsuke, Ginwoo Onodera, Yuto Horigome

“I only see myself winning the title,” said the 15-year-old Oda Yumeka, one of the young Japanese skaters to claim the 2024 Olympic triumph.

24 euroweeklynews.com 30 May - 5 June 2024 • Sport •
Rafael Nadal. Image: Rafa Nadal / Facebook

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