Costa Blanca
In 2024, the number of bankruptcy cases involving individuals and independent contractors rose by 120%
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The Registry of Forensic Economists (Refor) of the General Council of Economists showed that bankruptcy proceedings for people and self-employed workers increased by 120% to 35,510 in 2024, while those for businesses increased by 23% to 5,589 in the same year.
The Economists point out in a note that of the 41,099 bankruptcies that occurred in 2024, 86% of them were of individuals or self-employed people, significantly more than those of businesses, which accounted for 14%.
According to the College of Economists’ analysis of last year’s data, 84% of bankruptcy proceedings involve no assets, indicating that the excessive debt is already unsustainable because there are no assets to face the bankruptcy and liquidation is required. This suggests that bankruptcy proceedings are being used when it is already too late.
Despite a 7% increase in procedures implementing restructuring plans in January of this year, this mechanism “has not yet taken off in our country” because, in 2024, there will be 334 restructuring plans, which is 2% fewer than the 341 in 2023.
When comparing Spain’s figures to those of other nations in our region, we find that bankruptcies have increased in nearly every instance: in Germany, France, Italy, Spain, Portugal, and France, they have increased by 23.7%, 17.5%, 13.3%, and 7.29%, respectively, while in the UK, they have reduced by 5%.
Competitions’ development since before the epidemic
According to economists who have examined data on bankruptcies since 2019, prior to the coronavirus epidemic, company bankruptcies have increased by 38% and individual and self-employed worker bankruptcies by 1,300%, meaning that they have essentially multiplied by 14.
Refor suggests that the use of second chance procedures may be the cause of the little increase in bankruptcies.
Between 2023 and 2024, the number of micro-enterprise electronic processes tripled, from 463 to 1,380.
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A man who defrauded his ex-partner of 8,700 euros arrested in Alicante
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According to a statement from Police Headquarters, a 57-year-old man in the town of Alicante was arrested by National Police officers on suspicion of opening an account in his ex-partner’s name on a popular online e-commerce platform and making 8,700 euros in purchases without paying for them.
After a woman complained that she had been duped by a reputable online e-commerce platform after receiving many letters demanding payment for multiple orders that totalled over 8,700 euros, the inquiry got underway.
The victim said that because she had not made any purchases or registered for an account on the platform, she was unable to identify these orders as her own.
Investigators were able to identify the suspected fraudster—a man the victim had previously had a romantic relationship with—after examining all of the victim’s submitted papers and gathering a number of pertinent pieces of information.
According to the same sources, the agents’ investigations revealed that the suspect, who is of Spanish descent, created an account using his ex-partner’s personal information, provided false bank information, and designated his own house as the delivery address for the shipments.
All of the purchases would have been done by the same individual because the investigators were positive that the user and creator of the account on the popular platform was the subject of the inquiry. After being recognised, he was found and taken into custody on suspicion of fraud and document fabrication.
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Cheap OUIGO train tickets go on sale on Thursday
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The business is offering tickets starting at €9 on March 6 for a summer trip between Madrid, Valladolid, and the Levante peninsula’s Valencia, Alicante, and Murcia, with stops at Elche, Cuenca, Albacete, and Segovia in between.
Tickets prices for high-speed travel start at €9 and are available on the OUIGO website https://www.ouigo.com/es/ and app. March 3, 2025, Madrid. OUIGO, the operator of high-speed trains, is aware that some possibilities are too good to pass up.
For this reason, it is starting to sell tickets for travel between June 30 and September 14 on its routes between Madrid, Valladolid, and its destinations in the Levante at just €9 on March 6 at 12:00 p.m.
Since it’s never been so simple to travel swiftly, comfortably, and affordably, these business destinations will be closer than ever this summer, allowing you to plan ahead for those ideal vacations with friends, family, or alone. Children under three years old travel free of charge, provided they are accompanied by an adult. From a tapas tour in Alicante to a sunset on Valencia’s Malvarrosa beach, to the ancient beauty of Murcia or the wine of Valladolid. OUIGO offers visitors three unique experiences this summer: the heritage of Castilian cities like Segovia, the Mediterranean spirit of the Levantine coast, and the customs of Albacete, Elche, and Cuenca.
The problem is that you can plan the trip today, so why wait until tomorrow? Nearer than before: High-speed connections between Madrid, Valladolid, Valencia, Alicante, and Murcia There will be 20 daily connections available to travellers, ensuring comfort and flexibility. Four trips will depart at 7:15 a.m., 11:15 a.m., 1:15 p.m., and 5:15 p.m. in each way between Madrid and Valencia, and at 7:27 a.m., 10:27 a.m., 5:28 p.m., and 8:27 p.m. in the other route. The train will leave Alicante at 2:00 pm and 6:00 pm, and passengers will have two trips between Madrid and Alicante, with a stop in Albacete, at 10:15 am and 8:15 pm. There will also be two additional routes between Madrid and Murcia that stop at Albacete and Elche. These routes will depart at 8:15 a.m. and 4:15 p.m. and return at 12:39 p.m. and 8:39 p.m. Lastly, a round-trip service has been added to the Valladolid-Valencia routes, which depart at 8:00 p.m. and return at 2:51 p.m. with stops in Cuenca, Madrid, and Segovia; the Valladolid-Alicante routes, which depart at 1:00 p.m. and return at 7:53 a.m., with stops in Segovia, Madrid, Cuenca, and Albacete.
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Welsh icon Tom Jones will be performing on August 13th in Alicante
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Tom Jones continues to prove that his voice and magnetism are unstoppable, as seen by his more than 60-year career, more than 100 million recordings sold, and a repertoire that has left its stamp on music history. Hits like What’s New Pussycat?, Delilah, and It’s Not Unusual have stood the test of time, and his most recent compositions have won universal praise from critics.
The 84-year-old British performer is still a major player in the business and tours the world. He became the oldest musician to have an album of new material debut at number one in the UK charts with his most recent album, Surrounded By Time.
Alicante will get ready to receive one of the greatest musical giants on August 13th. As part of the Alicante Goldest concert series, Tom Jones will play at the Alicante Bullring. Fans of live music should not miss the Alicante concert, which offers a rare chance to hear one of the finest voices in history.
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