Articles tagged as: spain economy

February 27th, 2015

The 2015 Mobile World Congress is set to take place in Barcelona from 2nd to 5th March in the Fira Gran Vía, and will be officially opened by Spain’s Minister for Industry, Energy and Tourism, José Manuel Soria. One of the highlights of this international trade fair event, which showcases the ...

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February 25th, 2015

Spain’s tourism figures for the first month of 2015 were the best recorded for a month of January in the whole of the comparable historical series. According to data from the Frontur tourist border movements survey for January, prepared by the Ministry of Industry, Energy and Tourism, the number of ...

Continue reading Strong Start to the Year for Spanish Tourism

February 13th, 2015

The Tinsa IMIE General and Large Markets Index for January, published this week, shows that in January this year the average price of finished housing (new and used) stood at 2.7% below the level of January 2014. This is the first time since June 2008 that the General Index has ...

Continue reading House Prices Fell by 2.7% Y-o-Y in January

February 12th, 2015

The Spanish National Statistics Institute reported on Tuesday that the sale of homes in Spain increased by 2.2% in 2014, compared with the previous year, reaching a total of 319,389 transactions, and thus returned to positive figures after registering three years of declines. The second hand homes market has been the ...

Continue reading Home Sales Rose in 2014 Following Three Years of Declines

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 10th, 2015

The International Consolidated Airlines Group (IAG), the parent company of British Airways, Iberia and Vueling airlines, reported to the Comisión Nacional del Mercado de Valores (CNMV) last week, that it had transported a total of 5,310,000 passengers in January, representing a rise of 8.6% over the same month of 2014. The ...

Continue reading IAG Carried 5.3 Million Passengers in January

February 9th, 2015

A total of 7,038 families and companies in Spain declared bankruptcy during 2014, due to their inability to meet their payments and debts. According to the Bankruptcy Proceedings Statistics for the fourth quarter of 2014, published by the National Statistics Institute last week, this represents a decrease of 29.2% compared ...

Continue reading Company and Family Bankruptcies Register First Decline Since 2010

February 4th, 2015

The Spanish Ministry of Employment and Social Security reported on Tuesday that the number of unemployed people registered at the offices of the public employment services stood at 4,525,691 at the end of January, after increasing by 77,980 compared to the previous month, the lowest rise in a month of ...

Continue reading Spain’s Unemployment Rose by 77,980 People in January

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 ...

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January 23rd, 2015

Between 2013 and 2014, the Spanish population fell by 358,442 people, a drop of -0.8%, to 46.7 million. According to the information published this week by the National Statistics Institute, this confirms that there has been a significant decline in the working population and also an increase in the number ...

Continue reading Spain’s Working Population Has Dropped by 428,000 People

January 22nd, 2015

The Spanish unemployment rate will fall gradually over the next five years, but will continue to be one of the highest among the developed economies during the present decade, remaining above 21% until at least 2019, when the International Labour Organization (ILO) forecasts that the unemployment rate will fall to ...

Continue reading Spain’s Unemployment Rate Predicted to Fall Gradually Over Next Five Years

January 15th, 2015

During the inauguration of the new retail zone in the Málaga-Costa del Sol airport this week, the Minister of Development, Ana Pastor, announced that in 2014 the volume of passengers which passed through the Aena network of airports reached a total of 195.9 million, which is an increase of 4.5% ...

Continue reading Aena Airports Network Handled 195.9 Million Passengers in 2014

January 15th, 2015

According to a recent survey conducted by the property portal, fotocasa.es, entitled "Profile of the Homebuyer in 2014", 32% of the Spanish who bought a property in 2014 paid for it in cash, compared with 62% who did so with mortgage financing and the remaining 6% who said they had ...

Continue reading 3 Out of 10 Spanish Paid Cash for Home Purchase in 2014

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%

January 9th, 2015

According to the conclusions contained in the January Multi-Country Report published by the International Monetary Fund (IMF), housing prices appear to have bottomed out in Denmark, Ireland, the Netherlands and Spain. The report noted that “the metrics suggest that housing prices in Spain, Ireland, Denmark and the Netherlands have come ...

Continue reading Spanish Housing Prices Have Already Bottomed Out, Says IMF