The Valencia Life Network - publisher@valencialife.net

ZAPATERO SPEAKS OUT

Jose Luis Rodriguez Zapatero was in Parliament yesterday for his investiture debate, during which he assured the house that the water problems for every autonomy of Spain would be resolved by 2012. Looking directly at opposition,leader Mariano Rajoy, Mr Zapatero stated This is the difference between your government and ours over water problems. He also told the house that the Government would now act positively in its support of the Americas Cup.

GETTING LESS

The Valencian Community has registered almost a 50% drop in real estate deals in the first three months of this year, according to Vicente Carbonell, the head of the Valencian Community Property Register. Mr Carbonell also added that there were a multitude of projects that were on the books but had not yet been started - for two reasons; the financing of the building and the financing of a mortgage for any possible buyer. However, he added that he expected the current drop only to be temporary and not a sign of a general overall trend