Articles tagged as: European Central Bank
September 15th, 2014
Continue reading Spain’s Economic Competitiveness Improves Thanks to Reforms
September 4th, 2014
Continue reading Euribor Registered its Lowest Level at End of August
July 18th, 2014According to projections contained in the Coyuntur report for the second quarter of 2014, prepared by the Ministry of Industry, Energy and Tourism, Spain will receive 22.7 million international tourists in the third quarter of the year, coinciding with the summer months, which is an estimated increase of 1.7% compared ...
Continue reading 22.7 Million International Tourists Expected in Spain This Summer
June 17th, 2014
Continue reading Unemployment Predicted to Drop by a Million Between 2014 and 2015
May 14th, 2014
Continue reading 34% of Spaniards Believe Economy Will Improve Next Year
March 27th, 2014
Continue reading S & P Predict 1% Growth in 2014 for the Eurozone and 0.8% for Spain
January 20th, 2014
Continue reading Fake Euro Banknotes up 26.2% in 2013
November 8th, 2013For the first time since 2008, the PwC Economic Consensus has forecast an improvement in the Spanish economy over the next twelve months, with advances in productive investment, household consumption and even employment. PwC have prepared this consensus since 1999, employing a panel of over 380 experts, entrepreneurs and executives. ...
Continue reading Experts Predict Improvements in the Spanish Economy in 2014
October 3rd, 2013The twelve month Euribor closed September up, with an average rate of 0.543%, although mortgage payments lowered by an average of 9 euros per month, or more than 100 euros per year. According to market data, the monthly Euribor average is slightly higher than the 0.542% recorded in August. However, it ...
Continue reading Euribor Up in September But Mortgage Payments Down
September 19th, 2013According to the president of the European Central Bank (ECB), Mario Draghi, the fragility of the eurozone economy persists despite the signs of improvement experienced in various fields and the end of the recession in the second quarter. At a ceremony held in Berlin earlier this week Draghi said: "The ...
Continue reading Draghi: Eurozone Economy Remains ‘Fragile’
September 11th, 2013In July, the cost of loans to small- and medium-sized enterprises (SMEs) in Spain and Italy stood at their lowest levels of the past two years, but are still well above the interest rates enjoyed by their German counterparts, the Financial Times newspaper highlighted last week. Specifically, the article ...
Continue reading Cost of Loans to Spanish SMEs Lowest in Two Years
July 24th, 2013The European Central Bank (ECB) said on Friday that in the first half of 2013, 317,000 counterfeit euro banknotes were withdrawn from circulation, which is 26.3% more than in the same period of last year and 13.2% more than in the previous semester. The ECB said: "the notes of 20 euros ...
Continue reading Number of Counterfeit Euro Banknotes up 26.3% to June
June 28th, 2013"The Spanish economy seems to have bottomed out and be ready to start growing," says the latest forecast from consultants, Ernst & Young, who estimate that the Spanish economy will fall by 1.7% this year but rebound by 0.2% in 2014 and by 1.5% between 2015 and 2017. Although for ...
Continue reading Spanish Economy Ready to Grow, Says Eurozone Forecast
April 15th, 2013In 2010 the average net wealth of households in the eurozone periphery countries, such as Spain or Italy, exceeded the wealth in the monetary union’s core economies, such as Germany and France, according to the first Eurosystem financial and household consumption survey published by the European Central Bank (ECB). El Mundo ...
Continue reading ECB Says Spanish are Wealthier than Germans and French
March 7th, 2013Earlier this week the European Commission called on Spain to limit the application of the reduced VAT rate and raise fuel taxes in order to reduce the deficit, in addition to continuing with the labour and pensions reforms, delaying the effective retirement age. These demands collide with the ideas defended ...
Continue reading Brussels Calls for More VAT Increases and Continued Reforms