A shoulder to the air is the new neckline of the summer A yawn by the style of Angelina Jolie

The future of wreaths

Do you remember the boom of the wreaths a few years ago? I do, and I’m sure my mother too, since the good woman helped me turn a Primark headband into a crown (when I say “it helped me” I mean that I gave her the idea and she, who sews better than a surgeon, he carried it out).

PicMonkey Collage 16 620x310


Fashion can not stop reinventing itself (thank God) and in the last fashion show of Rodarte we have seen what will be the evolution of the add-on that brought fashion bloggers from all over the world headlong.

The sisters behind the signing, Kate and Laura Mulleavy , have presented a romantic collection at the Haute Couture Week in Paris . “But Rodarte did not show up at the New York Fashion Week?” You will say. “Yes, yes, it sounds to me that you dressed Michelle Obama” you will remember others. You are all right.

However, parading in the French city allows them to delve into a series of more artistic trends without being so limited by a week of fashion that did not allow them to be so creative, said the sisters.

In addition to debuting with a collection that will surely cause a stir among those who have weddings next year, have brought back one of the quintessential accessories of spring. The new version of the floral crown is totally removed from what we bought in those days, those giant floripondios that would have made Frida Kahlo go crazy.

Tiny white flowers form the most minimalist version of the complement. It is not as shocking as the previous trend but it seems the perfect option to give a poetic touch to our future spring styles .



The best five fixed-rate mortgages to buy a home in June 2016

  • The option of contracting a fixed rate mortgage is becoming more attractive.
  • The experts of 'El Hipotecador' stand out in June the offers of RN, Hipotecas.com, BBVA, Bankinter and Kutxabank.

An archive image of the keys of a dwelling on a contract. ARCHIVE

The option of contracting a fixed rate mortgage is becoming more attractive for the home buyer. And is that the Euribor will not always be at historical lows; Someday it will rise and nobody knows how much. The great advantage of mortgages at a fixed rate is that they can prevent market fluctuations from influencing the monthly payment paid by mortgage holders. In return, of course, the interest rate is higher, but stable.

Among the offer, the experts of El Hipotecador have analyzed the best mortgages at a fixed rate that can be requested to buy a home. These are, according to them, the best five at present.

RN Your mortgage solution – Fixed mortgage Green RN:

Pros : The Fixed Mortgage Green RN has the best interest rate in the market, offers 2.45% for 30-year financing. To get such a competitive interest rate, RN Your mortgage solution only requires the basic links: life, home and home insurance payroll for an amount equal to or greater than 600 euros. Flexibility in choosing deadlines.
Cons : The financial intermediation service carries a fee but is only paid to success. The study and feasibility are free.

Other terms:
Term 25 years – Interest rate 2.39%.
Term 20 years – Interest rate 2.25%
Term 15 years – Interest rate 1.80%

Hipotecas.com – Fixed Mortgage

Pros : Although the Fixed Mortgage of Hipotecas.com has an interest rate superior to other banking entities, 2.95% to 30 years, it compensates with its reduced links and applying 0% of commissions. It also offers different return periods to adapt to the needs of the client. Finally, Hipotecas.com does not oblige its client to carry out home insurance with a certain company, but the client is free to contract the insurance with the company that he decides.
Cons : There are other banks that offer fixed mortgages with more competitive interest rates.

Other terms:
Term 20 years – Interest rate 2.80%
Term 10 years – Interest rate 2.70%

BBVA – Fixed Mortgage

Pros : BBVA's Fixed Mortgage has reduced its interest rate to 2.75% for a 30-year repayment term, which places it in our third position. It is a mortgage loan thinking both for first and second homes. It offers the possibility of choosing other return periods.
Cons : It has the following connections: home and life insurance, direct debit of the payroll, credit card and pension plan. It is necessary to have a recurring income of 1,500 euros or more per month.

Other terms:
Term 25 years – Interest rate 2.50%
Term 20 years – Interest rate 2.25%
Term 15 years – Interest rate 1.90%

Bankinter – Bankinter Fixed Mortgage

Pros : For those people who are looking for a 20-year repayment period, Bankinter applies an interest rate of 2.10%. It is a mortgage focused on the acquisition of a home with a loan of no more than 80% of the purchase or appraisal value.
Cons : Bankinter's Fixed Mortgage does not have the option to do it for 30 years and requires the following links: home insurance, life and the hiring of a payroll or professional account.

Other terms:
Term 15 years – Interest rate 1.80%
Term 10 years – Interest rate 1.60%

Kutxabank – Fixed Mortgage

Pros : The Kutxabank Fixed Mortgage offers 2.50% for a 30-year loan. In addition, it does not include a floor clause, the possibility of setting a ceiling and, for those people who are already clients, the entity applies bonuses.
Cons : To qualify for this type of interest, Kutxabank places the following requirements as a requirement: life and home insurance, payroll, debit and credit cards and a pension plan.

More information about:

  • living place

Timing of the signing of the 1953 London Treaty Archive


Tratado de Londres de 1953


If West Germany was able to rebuild its economy quickly after the Second World War it was thanks to the political will of its creditors. At the beginning of the 50s, the United States, Great Britain and France developed a project in which the German federal government recognized their debts incurred before and during the war.

This project was negotiated in London between February 27 and August 8, 1953. The final agreement contained a withdrawal on the German private debts contracted before and after the Second World War. The previous ones amounted to 22,600 million marks. Those of the postwar period were estimated at 16.2 billion.

The countries agreed to the cancellation of Germany’s debt by 62.6% The creditors were many. Those who owned more debt were the United States, the United Kingdom and France. The least, Belgium, Canada, Ceylon, Denmark, Greece, Iran, Ireland, Italy, Liechtenstein, Luxembourg, Norway, Pakistan, Spain, Sweden, Switzerland, the Union of South Africa and Yugoslavia, mainly. All agreed to cancel the debt by 62.6%, leaving 14,500 million marks (7.5 billion of the private debts contracted before the war and 7,000 million corresponding to the postwar period).

The allied creditors granted the German authorities and indebted companies important concessions. The starting point was that Germany had to be able to pay while maintaining a high level of growth and improving the living standards of its population. That is, they had to pay without impoverishing themselves. To achieve this, the creditors accepted, first, that Germany pay in its national currency, the framework. Second, to reduce imports (that is, they could manufacture goods that previously mattered). Third, to sell the manufactured goods abroad, to achieve a positive trade balance.

Another important aspect was that the debt service would depend on what the German economy could afford to pay . The ratio between revenues from debt services and exports should not exceed 5%. This meant that West Germany would not use more than one twentieth of its export earnings to pay its debt. In fact, except once in 1959, he never used more than 4.2%. In addition, interest rates were considerably reduced (between 0 and 5%).

USA helped Germany with the Marshall Plan


Finally, it must also be taken into account that the United States gave West Germany 1,173.7 million through the Marshall Plan (1948-1952), and at least another 200 million (1954-1961) through USAID (United States Agency for International Development, United States Agency for International Development).

Thanks to these exceptional conditions, Germany had finished paying its debt for World War II in 1960 , a record time. He even paid it before the debt for the First World War (Treaty of Versailles), which was not paid until September 2010.

It is revealing to compare how West Germany was treated in 1953 and how other countries have been (and are) treated at present. And that considering that, although hit by the war, Germany was economically stronger than most of the developing countries today. However, he received in 1953 what is currently denied to developing countries.

No other country in the world has been allowed to pay its debt in the national currency. The interest rates that developing countries must pay do not go from 0 to 5%, as was done with Germany. Between 1980 and 2000 the average interest of the countries that received IMF loans in Latin America and the Caribbean fluctuated between 5.7 and 11.4% (including between 6.6 and 11.9% for Brazil between 1980 and 2004).

No other country in the world has been allowed to pay its debt in the national currency. All indebted countries must use hard currencies (dollars, euros, yen, Swiss francs, sterling …).

The agreements with the countries currently in debt also do not include the possibility of suspending payments and renegotiating the conditions in the event that a substantial change limits the available resources, as is currently the case with Greece. The IMF even forbids these countries to manufacture anything they can import.

More information about:

  • Germany