Articles tagged as: eurozone

May 4th, 2015

In March this year, the unemployment rate in the eurozone stood at 11.3%, which is stable compared with the previous month and four tenths less than in March 2014, when it stood at 11.7%, according to the latest data provided by Eurostat. At the same time, inflation remained stable in ...

Continue reading Eurozone Unemployment Stable at 11.3% in March

April 21st, 2015

The price of housing in Spain rose by 0.2% in the last quarter of 2014, compared with the same period of the previous year, according to recent data from the European Commission statistical office, Eurostat, while house prices in the countries of the eurozone registered an increase of 1.1% over ...

Continue reading Houses Prices Rise by 0.2% in Spain and 1.1% in the Eurozone

April 20th, 2015

According to the latest quarterly report published by the European Commission (EC), long-term unemployment in the EU countries has registered a slight decline, for the first time since the start of the crisis.In the report, the EC highlights important "positive trends", such as the continuing reduction in unemployment, the increase ...

Continue reading Europe’s Long-Term Unemployment Drops For First Time Since 2009

April 15th, 2015

Forecasts contained in the Coyuntur report for the first quarter of 2015, prepared by the Spanish Ministry of Industry, Energy and Tourism, predict that Spain will receive more than 17.9 million international tourists in the second quarter of the year. In addition, the total spending generated by these tourists is expected ...

Continue reading Spain Expected to Receive Over 17.9 Million Tourists in Q2

March 24th, 2015

Recent data published by the European Commission statistical office, Eurostat, indicates that activity in Spain’s construction sector increased by 14.4%, year-on-year, compared with an average rise of 3% registered across the European Union.Compared with December last year, the construction activity in Spain advanced by 2% in the first month of ...

Continue reading Spain Leads Upturn in European Construction

March 23rd, 2015

The number of persons employed in the eurozone increased by 0.1% in the fourth quarter of 2014, compared to the previous three months, when it had increased by 0.2%, according to a report by Eurostat, which highlighted Spain and Latvia as the EU countries with the highest quarterly increases, which ...

Continue reading Spain and Latvia Led EU Job Growth in Fourth Quarter of 2014

March 20th, 2015

In a report published this month on the situation in Spain and its business structure, the credit rating agency, Moody's, forecast that the expected growth in Spain’s tourism sector during 2015, motivated by the current weakness of the euro and low oil prices, will mean further positive increases in credit ...

Continue reading More Tourists Mean More Credit for SMEs, Say Moody’s

March 12th, 2015

The growth of the gross domestic product (GDP) in the eurozone accelerated in the last quarter of 2014 to 0.3%, compared with the previous three months, when it had grown by 0.2%, according to a second estimate published by the European Union statistical office, Eurostat, which places Estonia, Spain and ...

Continue reading Eurozone GDP Grew by 0.3% in Fourth Quarter of 2014

March 5th, 2015

The unemployment rate in the eurozone stood at 11.2% in January, which is one tenth below the previous month and six tenths less than the rate registered in January 2014, according to data provided by the European Commission statistical agency, Eurostat, and represents the best rate for this indicator since ...

Continue reading Spain Drives Reduction in Eurozone Unemployment Rate Last Year

March 4th, 2015

Spain is the European Union country where a smaller proportion of the population earns less than 105% of the minimum wage (SMI), according to the latest report on wages released by Eurostat. Only 0.2% of workers in Spain are paid less than 794.85 euros gross per month (which is 105% ...

Continue reading Only 0.2% of Spain’s Workers on Minimum Wage

March 2nd, 2015

The rate of inflation in the eurozone fell to -0.6% in January, from -0.2% in December, which is its lowest level since July 2009, and represents the greatest drop in prices in the region of the comparable historical series, Eurostat confirmed last week.The fall in prices in the eurozone, which ...

Continue reading Eurozone Inflation Fell to -0.6% in January

February 25th, 2015

After several months registering double-digit growth, the production in construction in Spain has once again slowed. The activity in this sector recorded an increase of just 1.6% in December 2014, compared with the same period in 2013, according to the European Union Statistical Office, Eurostat.This latest figure for Spanish construction ...

Continue reading Construction Slows in Spain

February 20th, 2015

Some 13.01% of all of the home purchases carried out in Spain in 2014 were made by foreigners, more than the figure registered in 2013, when they accounted for 11.15% of all transactions, according to the latest data from the College of Registrars. In fact, this 13.01% figure for transactions ...

Continue reading Which Foreign Nationalities are Buying Most Spanish Homes?

February 18th, 2015

The eurozone gross domestic product (GDP) growth accelerated in the last quarter of 2014 to 0.3%, compared with the previous three months, when it grew by 0.2%, according to the preliminary data published by Eurostat on Friday, which puts Latvia, Spain and Germany in the lead of the growth in ...

Continue reading Eurozone GDP Growth Driven by Spain and Germany in Fourth Quarter of 2014

February 11th, 2015

The Organisation for Economic Cooperation and Development (OECD) reported in a statement this week that their composite indicators corresponding to the month of December indicate "temporary signs" of a positive change in the momentum of growth in the eurozone, particularly in Germany and Spain.For Spain, the Organisation reported that the ...

Continue reading OECD Sees Positive Signs of Growth in the Eurozone