Articles tagged as: eurozone

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 ...

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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

February 3rd, 2015

As reflected in the latest economic indicator produced by the European Commission, the economic confidence of Spain in January is standing at its highest level since March 2007, and reached 106.6 points, against 105.6 points registered in the previous month, thanks to improvements experienced among consumers, industry and the retail ...

Continue reading Spain’s Economic Confidence at Highest Level Since March 2007

January 26th, 2015

Spanish house prices registered an increase of 0.3% in the third quarter of last year (five tenths less than in the previous quarter) when compared to the same period in 2013, according to the data provided by the European Union Statistical Office, Eurostat.Moreover, Eurostat reported that prices in the eurozone ...

Continue reading Europe Also Gives End to Spanish House Price Declines

January 22nd, 2015

Spain registered a 15.9% increase in production in the construction sector in November, over the same month of 2014, the largest increase recorded in the whole of the European Union (EU), according to the EU Statistical Office, Eurostat, and is even higher than the percentage registered in October (+13.9%).The EU ...

Continue reading Spain – European Country with Biggest Increase in Construction

January 13th, 2015

The economic confidence of Spain in December stood at its highest rate since June 2007, before the outbreak of the financial crisis that led to the great economic recession, reaching 105.6 points, compared with 104.2 the previous month, thanks to improvements experienced among consumers, services and the retail trade, according ...

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January 12th, 2015

The latest data from the European Union statistical agency, Eurostat, shows that the rate of unemployment in the eurozone in November remained stable at 11.5%, in comparison with the previous month, while in the whole of the European Union (EU) it fell by one-tenth, to 10%.Year-on-year the eurozone unemployment rate ...

Continue reading Eurozone Unemployment Remains Stable at 11.5%

December 24th, 2014

During the month of October this year, construction sector activity in Spain registered a 13.9% increase in production compared to the same month of 2013, according to the European Union statistical office, Eurostat. This percentage corroborates the data of recent months, which placed Spain as a European reference in the ...

Continue reading Construction in Spain Records Highest Production Increase in the Eurozone

December 23rd, 2014

According to recent European Commission forecasts, construction investment will improve in the whole of the European Union (EU) during 2015, after recording average growth of 0.7% in 2014. For next year the growth average is expected to reach 2.4% in the EU, but only 0.7% in the eurozone countries.In 2015, ...

Continue reading Construction Investment in Spain Will Grow by 1.8% in 2015