According to many pundits the Euro is due for a bad year, which should mean better news for ex-pats who receive pensions later on. It might mean interest rate rises too, which will be good for savers, less so for people with mortgages, although the seriously depressed housing market in Spain will lessen the affect , as no-one wants mortgages in Spain right now.  The adverse UK winter MAY make people think about that home in the sun…..we shall see.

Supermarkets carry on , as people always need to eat and clean their houses etc, but there are so many in such a small area around Torrevieja, that you wonder how they survive. A year ago Iceland were recruiting on a large scale, but I have heard that staffing levels were reduced due to drop off in business. This may have been because they opened San Javier and La Marina stores, which generated more overheads, whilst dispersing customers away from Torrevieja store, to go locally.

There seem to be many supermarkets, with many branches, such as Lidl, Consum, Carrefour, Mercadona. How do they make money? There are more supermarkets in that particular area per square kilometre than in the whole of the Scarborough and district area in the UK.

For people on pensions affected by the recession, then you should consider ways to raise more funds, by way of such vehicles as lifetime loans.