Articles tagged as: eurozone

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

June 10th, 2014

In Spain, the price per litre of petrol began the month of June with an increase of 0.35%, putting it not only at its highest level so far this year, but since September last year, according to data from the latest European Union Oil Bulletin. Specifically, a litre of petrol presently ...

Continue reading Price of Petrol at Highest Level Since September 2013

June 10th, 2014

The global credit rating agency, Fitch Ratings, has predicted that the price of housing in Spain will finally bottom out at the beginning of 2015, in a real estate market marked by high rates of unemployment and difficulties in obtaining financing. The agency highlighted the fact that the Spanish economy is ...

Continue reading Fitch Forecasts House Prices Will Bottom Out Early Next Year

May 22nd, 2014

According to the results from the 14th Ipsos-Europ Assistance Barometer, which analyses the intentions of European holidaymakers, only 42% of Spanish citizens are contemplating going on holiday this summer, with an average budget of 1,723 euros, which is 25% less than the European average. The poll, which questioned a sample of ...

Continue reading 42% of Spaniards Planning a Summer Holiday