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    19:29

    Local

    Owner of Marbella's La Cañada mall is named seventh richest in Spain

    SUR

    ...across the country. Forbes describes Olivo as, "the king of Spanish shopping centres". Olivo, who has also recently increased his stake in Malaga-based Unicaja bank to around 5 per cent, has a personal wealth of 2.1 billion euros according to Forbes. ... His company, GGC, had profits of 169 million euros in 2019, according to accounts data submitted to Spanish markets. In 2018 it had 31 per cent more profit, at 245 million euros. Olivo's company increased its property portfolio value in 2019 by 285 ... million euros to 2.56 billion euros. Olivo, as well as being seventh richest person in Spain, is the wealthiest in Malaga province. The richest person in all Spain is Amancio Ortega, the founder of clothing giant Inditex, which includes Zara. His

    17:55

    National

    Extra payout planned for when jobless benefits have run out

    EDURNE MARTÍNEZ

    People who have run out of entitlement to unemployment payments during the Covid-19 economic crisis will get a special payout of 430 euros a month for three months, the government has said. Ministers hope to reach agreement with unions and business ... leaders so that 550,000 people who are expected to find themselves in this situation shortly will be able to benefit. The 430.27 euros, which could start being paid out from October onwards, will apply to those who haven't benefited from ERTE ... furloughing measures. The amount is based on 80 per cent of the IPREM level, the government's minimum wage indicator. The measure is expected to cost 710 million euros. "During the pandemic, some of the people who were unemployed used up their entitlement to

    18:18

    Local

    On the trail of serious offenders: a day on the road with the unmarked traffic police

    JUAN CANO

    euros and three points. Driving with one arm out of the window 80 euros, no loss of points. Inappropriate activities eating, shaving or putting make-up on while driving incurs a fine of 200 euros and the loss of two points from your licence. ... serious offence and it incurs a fine of 200 euros (with a 50 per cent discount if paid within 20 days) and the loss of three points on the driving licence. Despite this, and the number of vehicles and devices with 'hands free', more people than you might ... down and his left arm is dangling outside. "Let's see if this is just for a moment or that's how he drives [normally]," says Antonio. Many aren't aware that this is an offence nowadays, but it is. It incurs a fine of 80 euros (40 if paid promptly),

    18:18

    Opinion

    A view on trendy tomatoes

    ALEKK M. SAANDERS

    ...get hold of these tomatoes at any price. For example, last year, the renowned flamenco dancer Sara Baras bought bull's balls for 3,700 euros at the charity tomato auction in Coin. As for ordinary locals, they seize every chance they can get to boast

    17:49

    Sport

    An expensive spectator

    Rob Palmer

    Gareth Bale used to be a footballer who divided defences, now he's a man who divides opinion. In the opinion of Real Madrid, their manager and supporters, he's a waste of space who is drawing £600,000 euros per week for doing very little. He needs

    12:47

    Local

    Andalucía gets tough with Covid-19 fines

    JOSÉ LUIS PIEDRA

    Fines for breaking Covid-19 social-distancing rules in Andalucía could be as high as 600,000 euros, the regional government announced this week in a new crackdown. The more people affected by the offence, the bigger the fine. Penalty charges will ... start from 100 euros for not having a mask or not wearing it properly, rising to harsh measures for very serious offences, as well as temporarily shutting down premises or banning activity for up to five years where 100 or more people are put at risk. ... Smaller offences, involving fewer people, will generally have fines from 100 to 3,000 euros, and there is a medium band from 3,001 to 60,000 euros. Elías Bendodo, Junta spokesperson, said, "It's people's health and lives at stake, and also jobs, the

    12:14

    National

    Spain to get 140bn euros of EU funds in historic Covid-19 deal

    EDURNE MARTÍNEZ

    Spain will be the second biggest beneficiary after Italy. The country will receive a total of 140 billion euros, equivalent to about 11 per cent of its GDP. This will be divided into 72.7 billion of direct grants from 2021-2024 to help the economy

    13:36

    Local

    Rental prices in Malaga province increased by 20 per cent in just three years

    NURIA TRIGUERO

    ...rents went up most between 2015 and 2018, by 20 per cent, because the median average price has gone up from 500 to 600 euros a month. Next come Barcelona and the Balearic islands, with an increase of 15 per cent. Malaga is now placed as the sixth ... euros. The increase was concentrated over just three years (2015 - 2018) and as a result Malaga knocked Seville off its position as the most expensive province in Andalucía for rentals. In Malaga the price went up from an average of 500 to 600 euros a ... month in that time, and in Seville from 508 to 561 euros. The median average for Andalucía is 467 euros, due to lower rents such as Almeria and Jaén, at around 400 euros a month. In Malaga province, the most expensive place to rent a home is

    13:33

    Local

    Torremolinos town hall reduces municipal debt by 35 per cent in five years

    Tony Bryant

    ...million euros. Since coming to power in 2015, socialist mayor José Ortiz and his coalition council has repaid an average of 14 million euros annually, more than one million a month. Repayment of the remainder of the debt is expected to take another ... nine years. Deputy mayor Maribel Tocón said, "Despite having to allocate more than one million euros a month for the debt, which generates cash tensions, initiatives aimed at improving the lives of our residents and visitors have not stopped.