Articles tagged as: eurozone

September 18th, 2014

The number of persons employed in the eurozone grew by 0.2% during the second quarter of the year over the previous three months, while employment in Spain increased by 0.7%, quarter-on-quarter, according to data published last week by the European Commission statistics office, Eurostat. Meanwhile, in the whole of the European ...

Continue reading Spanish Employment Grew Three Times the Eurozone’s in Second Quarter

September 9th, 2014

The European Commission statistics office, Eurostat, confirmed on Friday the stagnation of the gross domestic product (GDP) in the eurozone and the moderate growth of the economy of the European Union (EU) in the second quarter of the year. Eurostat’s consolidated data confirms their initial estimates, published in mid-August, and ...

Continue reading Eurozone Growth Stagnates in Second Quarter

September 5th, 2014

Salary reductions, which have been imposed, in particular, in the European countries most affected by the crisis, are now showing their limits when it comes to improving competitiveness, and even run the risk of being counterproductive, according to the Organisation for Economic Co-operation and Development’s (OECD) annual report on employment. The ...

Continue reading Lowering Wages Counterproductive, Says OECD

August 26th, 2014

Early estimates published last week by the EU statistics office, Eurostat, indicate that, in the second quarter of the year, Spain was the European Union (EU) country where construction output rose most, after registering an increase of 7.0%. Spain was also the fourth country in the EU with the largest year-on-year ...

Continue reading Spain Leads European Construction Growth in Second Quarter

August 25th, 2014

Only five eurozone countries continue to market mortgages containing the ground clause, a provision that prevents the consumer from taking advantage of decreases in the Euribor. According to a study prepared by the independent consumer comparison website, Kelisto.es, these countries are Spain, Belgium, France, Italy and Portugal. The portal reminded that ...

Continue reading Spain Still Selling Mortgages with Controversial Ground Clause

August 5th, 2014

The unemployment rate in the eurozone fell by a tenth in June, to 11.5%, its lowest level since September 2012, according to a recent report by the EU statistical office, Eurostat. Spain also registered a drop in unemployment, to 24.5% of the working population, although it remains the second country in ...

Continue reading Eurozone Unemployment Rate Dropped to 11.5% in June

July 31st, 2014

Housing is a significant economic sector in the economy of any country. Through it, you can not only identify the quality of life of a nation, but also their standard of living and their economic situation. For this reason, Casaktua.com has conducted a study on Europe which analyses the situation ...

Continue reading Spanish Homes Among the Cheapest in Europe

July 30th, 2014

The collapse in house prices recorded in Spain in recent years could come to an end next year, when the real estate sector will experience a moderate recovery as a result of improving economic conditions and the growing interest of foreign investors, says the ratings agency Standard & Poor's, which ...

Continue reading S & P Predicts End of Falling House Prices in Spain for 2015

July 23rd, 2014

According to data from the EU statistics office, Eurostat, the Spanish construction sector is once again looking buoyant, as the production in this sector registered an increase of 42.4% year-on-year in May, the highest percentage in Europe. This percentage is well above the increases registered for the eurozone (3.5%) and ...

Continue reading Spanish Construction Sector Fastest Growing in Europe

July 22nd, 2014

Speaking at an event organised by the Chambers of Commerce of Andalusia, the President of the Spanish Government, Mariano Rajoy, maintained that the fiscal consolidation and structural reform policies implemented by the Government, together with the strengths of the Spanish economy, have enabled Spain to return to growth and job ...

Continue reading Rajoy Reiterates Success of Structural Reforms and Commitment to SMEs

July 18th, 2014

According 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

July 17th, 2014

In a news release last week, the EU statistical agency, Eurostat, reported that the price of Spanish homes, as measured by the House Price Index (HPI), dropped by just 1.6% in the first quarter of 2014 year-on-year and by just 0.3% quarter-on-quarter - very moderate percentages which show the change ...

Continue reading Spain House Price Declines Moderate

July 3rd, 2014

The unemployment rate in the eurozone remained stable in May for the second consecutive month, at 11.6%, its lowest level since September 2012, which represents a decrease of four tenths over the figure for May 2013, according to the latest figures from the EU statistical office, Eurostat, which places Spain ...

Continue reading Spain Still Second Country in Eurozone with Highest Unemployment

June 23rd, 2014

Eating, drinking and smoking in Spain is cheaper than the European average, as well as buying clothes, according to a report published last week by the European Commission statistical office, Eurostat. Overall, the organisation estimates that the typical shopping basket and some of the most common services are cheaper in ...

Continue reading Spain Cheapest EU Country to Eat, Drink and Smoke

June 20th, 2014

According to data published this week by the EU statistics office, Eurostat, the income per capita in Spain fell to 95% of the European Union (EU) average in 2013, compared to the 96% registered in 2012, and stood at 13 points below the eurozone average (108%). The wealth per inhabitant ...

Continue reading Income Per Capita in Spain Fell to 95% of EU Average in 2013