Monthly Archive: December 2018

EFFECTIVE Loans in Spain

Related image

Cash loans in Spain can be obtained thanks to large companies that are becoming better known and to other smaller companies such as small pawnshops or small financial companies . In this article we will tell you the names of some of these companies.

Zaemus also offers loans for its clients, thanks to the company of Dineo . That can also be found online. Zaemus is one of the second-hand buying and selling companies in Spain. Thanks to this company, many people also avoid having to ask for credits, because when selling their valuable things, they get the necessary money. It is even possible that you do not need to ask for a loan in cash, in the case of being able to contribute something that has a certain price in the market.

Credits in cash with Zaemus .

A company dedicated to the purchase and sale of precious metals and jewelry. You can ask for credits in cash, leaving a jewel of value as bail. Thanks to this technique, once the loan is returned, you will be able to enjoy the jewel or jewels. They are currently present in Madrid, Barcelona, ​​Valencia, Zaragoza and Girona. But you can also find more companies of this type in Spain . This alternative is very popular with people who do not like to use bank accounts or have been foreclosed.

Advances with credit cards .

Advances with the credit card, using the ATM, can also be a good solution, to get small amounts in cash, to perform this technique, it is recommended that you follow the following manual. Knowing the interests of the credit card is paramount.

  • How to ask for cash with the card? – See manual to ask for advances with the card . This alternative can be faster than asking for a quick credit in Spain, but first we recommend you to be sure of the conditions of your credit card, since in many cases they have very high interest rates and that they are growing year after year. year, in the case of not making the corresponding return.

Related image

Use the financials that are online online.

Online financials are becoming one of the most convenient and popular ways to ask for money, which is not 100% cash, a bank account is necessary and the need to go to the cashier or bank to withdraw the corresponding loans.

  • More information on online finance : Cash credits online . This solution is much simpler, however, you need a bank account and have a minimum knowledge of mobile or internet use. It is not necessary to have a lot of computer knowledge, they are done with simple complete forms, which have been developed for all types of clients.


As you can see, there is a great demand by consumers, when it comes to financing small amounts, so there are many companies in Spain that are offering this type of cash and urgent financing . Thanks to the competition that is growing in this type of companies, users are enjoying lower interests than in previous times.

European Union: how is it going in the budget dispute with Italy?

The dispute over Italy’s budget escalates. On Tuesday afternoon, the EU Commission rejected the Italian draft budget.for 2019. This is a first in the evaluation of national budget plans. If Rome does not penalize, an excessive deficit procedure threatens to end with billions of dollars in fines. But an open confrontation with Italy could also call into question the EU’s decision-making capacity. An overview:

Is Rome really against the EU Stability Pact?

The EU Stability Pact allows a budget deficit of no more than three percent of economic output. With 2.4 percent, Rome 2019 wants to remain within the framework. However, since the reform of the pact during the financial crisis, Brussels has been able to move towards countries that are heading for the three percent. Brussels also looks at the total debt: this should not exceed 60 percent of economic output. With around 131 percent, Italy’s debt is more than twice as high.

What happens after the budget rejection?

Italy, after being rejected by the Commission, has three weeks to present a “revised” draft budget. This will then be re-examined in Brussels, again for up to three weeks. If criticism persists, the Commission can open a case of excessive deficit. This must be approved by the other euro states.

What threatens Italy in such a procedure?

At the end could be high fines. They can amount to up to 0.2 percent of annual economic output under EU rules. In 2017, this was just over 1.7 trillion euros. The fine could be up to 3.4 billion euros. It is also possible that Italy will be reduced claims for funds from the European Structural Funds.

Is a fine likely?

So far, the EU has never imposed a fine. In 2016, for the first time ever, a fine was initiated against the permanent deficit sinners Spain and Portugal. However, the Commission and the Euro Finance Minister then looked away from fines. This was justified by the difficult economic and social situation in both countries. The Federal Government had initially at least pounded on a cut in structural aid, but eventually gave way.

Does Italy have leverage in the budget dispute?

Yes. If the dispute escalates, the EU’s ability to act could be endangered. For in foreign and security policy, in EU finances and in some other areas, decisions in the Union still have to be made unanimously. This applies, for example, to the extension of the EU naval mission “Sophia” off Libya, which is due by the end of the year. Or for the economic sanctions against Russia because of the Ukraine crisis, which will run until the end of January 2019.

Could the dispute put other euro countries under pressure?

This is feared by the chairman of the European Parliament’s conservative EPP Group, Manfred Weber (CSU). He warned on Tuesday that the financial markets would react negatively to the situation in the eurozone’s third largest economy. According to him, they could also have “effects” on former crisis countries such as “Spain, Portugal, Greece”. Rising lending rates, for example, are also conceivable for these states if Italy’s share price shakes investors’ confidence.

Budget dispute: Italy should get really into debt

Deputy Italian Prime Minister Luigi Di Maio. The audacity of the Italian populists in the dispute with the EU is hard to beat. The deficit is to be tripled to 2.4 percent of economic output. At the same time, with more than 130 percent of GDP, Rome’s debt is twice as high as allowed by EU rules . The coalition of five-star movement and Lega party can only be replaced by the Italian voters. However, they prefer to rely on promises – from the civic income for destitute people in the amount of 780 euros, tax cuts to a pension reform.

Bella Italia is not helped when European politicians stare at the immense mountain of debt. Interest rates have been low for a good ten years . It was thus possible for Italy to extend the term of the debt relatively favorably. It therefore depends mainly on what the money is spent exactly. Brussels must – even in its own interest – the line of communication to Rome not demolished. Only by saving alone, no country has made it into the black again.

Therefore, the EU should help Italy to make more debts – just the right ones. Such a compromise can not be denied by the government in Rome. Because the more dangerous problem for Italy is the lack of growth. And here it must be doubted that tax cuts and higher social spending fruit.

Instead, Brussels is called upon to work with Rome to launch a sustainable economic policy that will relieve the country in the long term. The sticking points are the massive decline in economic output of five percent in the past ten years and the high youth unemployment rate of 30 percent. The jobs – less the debts – are the linchpin of the Italian misery. First, companies need to be motivated to create new jobs. Italy’s economic backbone is the middle class. Another decisive factor is the fight against the devastating corruption – an immense investment risk. Here more money has to go to the law enforcement agencies.

Europe can not be blackmailed

Such an EU package does not exclude the necessary signal of harshness over the impudence of the populist government: Europe can not be blackmailed. Perhaps it would be advisable to clarify that help from the European bailout is already not legally available if Italy does not agree sanitation requirements, but deliberately violate EU requirements. Also a warning would be beneficial that without the euro, the interest rates on Italian government bonds could increase almost tenfold.