Articles tagged as: spain economy

December 19th, 2014

The number of new car registrations stood at a total of 953,886 in the EU in November, which is a rise of 1.4% year-on-year but the lowest increase over the last year, despite the 17.4% increase recorded in the Spanish market, one of the five greatest in the region. Meanwhile ...

Continue reading European Car Registrations Down Despite Boost from Spain

December 18th, 2014

According to the latest statistics released by the General Council of Notaries, a total of 32,694 home sales transactions were carried out in Spain in the month of October, representing a decrease of 1.1%, year-on-year. The Notaries also reported that the average price of a home, based on actual transactions, ...

Continue reading Home Sales Fell by 1.1% in October, Say Notaries

December 15th, 2014

As a result of the sharp rise in the number of second-hand property transactions, sales of homes in Spain increased by 16% in October, compared to the same month of 2013, reaching a total of 26,468 transactions, according to the latest figures published by the National Statistics Institute, based on ...

Continue reading Home Sales Registered 16% Increase in October

December 5th, 2014

Data from the latest Consumer Confidence Index published on Wednesday by the Sociological Research Centre (CIS), shows that consumer confidence in Spain fell by 3.2 points in November, in relation to the previous month, to stand at 83.6 points, due to the poor rating given by consumers on both the ...

Continue reading Consumer Confidence Dropped 3.2 Points in November

December 2nd, 2014

According to the latest data published by the European Union statistical office, Eurostat, the unemployment rate in the eurozone remained stable in October for the third consecutive month, at 11.5%, while among the EU Member States, Spain registered the second highest unemployment figure (24%), just behind Greece (25.9%). The unemployment rate ...

Continue reading Eurozone Unemployment Rate 11.5% in October, Spain at 24%

November 21st, 2014

The latest statistics from the Spanish Property Registrars show that a total of 79,561 home sales transactions were carried out in the third quarter of the year, which is an increase of 1.4% over the previous quarter, and significantly higher than the minimum recorded in the fourth quarter of 2013, ...

Continue reading Home Sales Increased by 1.4% in Q3 and Prices Remained Stable

November 20th, 2014

In the third quarter of the year, home sales in Spain increased by 8.6% over the same period last year, while prices fell by an average of 4% in the same period, according to the latest data from the General Council of Notaries. In September alone, the volume of homes sold ...

Continue reading Spanish Home Sales Soared by 20.7% in September

November 17th, 2014

The latest informative bulletin published by the National Institute of Statistics, entitled 'Wages in Spain and the EU', notes that several of the countries that have no established minimum wage actually have much higher average salaries. In addition, the unemployment rate in these countries is lower than the average of ...

Continue reading Countries with No Minimum Wage Have Higher Salaries and Less Unemployment

November 14th, 2014

The number of new businesses formed in Spain in the ninth month of the year reached a total of 6,633, representing the best figure recorded in September since 2008, when 7,337 new entities were created. According to the Mercantile Companies Statistics published this week by the National Statistics Institute, the figure ...

Continue reading New Businesses Up 5.5% in September

November 6th, 2014

The unemployment rate in the eurozone remained stable in September for the fourth consecutive month, at 11.5%, although half a point below the rate recorded a year ago, according to data from the European Commission statistical office, Eurostat, which places Spain once again (with 24%) as the country with the ...

Continue reading Spanish Unemployment Falls to 24%, Eurozone Stays at 11.5%

November 5th, 2014

The British supermarket chain, Dealz, part of the British group Poundland, which operates on a business model somewhere between that of the Chinese stores and the discount chains, has chosen Spain for its expansion into Europe. The company plans to open 10 stores by next March, with all products at ...

Continue reading Poundland Opens Madrid’s First ‘Low Cost’ Store

October 29th, 2014

The Spanish Government’s Ministry of Industry, Energy and Tourism, in collaboration with SEGITTUR, has announced the 2014/2015 Europe Senior Tourism Program, which is a travel program to be implemented throughout Spain in the low and medium tourist seasons for those over the age of 55 and resident in the European ...

Continue reading Spanish Government Promotes Senior Citizen Tourism

October 28th, 2014

In 2013, Spain granted a total of 196,200 first residence permits to non-EU citizens, representing 8.3% of the total granted in the EU. The United Kingdom accounted for 30.7% of the total number of permits granted to non-EU citizens, followed by Poland (11.6%), Italy (10.3%), France (9%) and Germany (8.5%). ...

Continue reading Spain Granted 196,200 Residence Permits to Non-EU Citizens in 2013

October 27th, 2014

The National Statistics Institute’s Economically Active Population Survey (EAPS) published on Thursday shows that unemployment in Spain fell by 195,200 people in the third quarter, over the previous quarter (-3.5%), representing the biggest decline in a third quarter in the historical series. This brings the total number of people registered ...

Continue reading Spain’s Unemployment Rate Stood at 23.67% in Q3

October 24th, 2014

The Minister of Industry, Energy and Tourism, José Manuel Soria, announced on Wednesday that Spain received 52.4 million foreign tourists up to the end of September, which represents an increase of 7.4% over the same period last year, and noted that with the September data Spain has closed "the best ...

Continue reading Record 62 Million International Tourists Expected in 2014