Articles tagged as: eurozone

November 25th, 2014

The latest news release from the European Commission’s statistical office, Eurostat, reveals that Spain has become one of the main engines of construction activity in Europe. As has already been the case in several months of this year, production in Spanish construction (residential and civil engineering) was once again the ...

Continue reading Spanish Construction Activity Up 9.1% in September Y-o-Y

November 19th, 2014

According to Eurostat’s flash estimate for the third quarter of the year, the gross domestic product (GDP) of the eurozone grew by 0.2%, compared with the rise of 0.1% in the previous three months, and 0.3% in the first quarter, which places Greece, Slovakia and Spain as the economies with ...

Continue reading Eurozone GDP Grew by 0.2% in Q3

October 21st, 2014

In the first eight months of 2014, exports of Spanish goods grew by 0.9% year-on-year to 157.19 billion euros, which is the highest figure since records began in 1971. In real terms, growth was even higher, at 1.9%, since export prices measured using Unit Value Indices (UVIs) fell by 1%. ​The ...

Continue reading Spanish Exports Highest Since 1971

October 16th, 2014

According to a recent press release from the European Union statistical office, Eurostat, the price of housing in Spain rose by 0.8% in the second quarter of 2014 compared to the same period last year, which is well behind countries such as Estonia, Ireland and the UK, where the prices ...

Continue reading Q2 Spanish House Prices Up 0.8% YoY

October 13th, 2014

Spanish tourism has enjoyed a good summer, according to Exceltur, the Alliance for Tourism Excellence, who on Thursday shared the Ministry of Industry’s optimism over the sector, following the publication of the foreign tourist arrivals figures, which showed an increase in visitors of 8.8% up to the end of August ...

Continue reading Spanish Tourism GDP Up 2.9% June to September

October 2nd, 2014

The Spanish Government has improved its macroeconomic forecast for Spain and now estimates that GDP will grow by 1.3% this year, instead of the 1.2% previously forecast, and that it will accelerate to 2% in 2015, compared with 1.8% estimated earlier, due to the improvement in both private consumption (+ ...

Continue reading Spanish Government Estimates 622,000 New Jobs by 2015

October 2nd, 2014

The construction industry in Spain seems to have finally regained a pulse after years spent in a critical condition. El Mundo reported that national production closed the month of July on a high, consolidating its place among the European motors of the industry, to the delight of the Spanish Government. ...

Continue reading Spain Among the European Motors of Construction

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