Articles tagged as: spain economy

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

January 7th, 2015

The Spanish automobile market closed last year with a total of 855,308 car registrations, representing an increase of 18.4% over the figures from 2013, according to data provided by the associations of manufacturers (Anfac), dealers (Faconauto) and sellers (Ganvam). Ecomotor.es reported that, in the month of December alone, car registrations in ...

Continue reading Car Registrations in Spain Rose 18.4% in 2014

January 7th, 2015

Recent data from the Ministry of Development shows that, in the period from January to September of 2014, real estate transactions for private housing carried out by foreigners resident in Spain, reached a total of 6,077.4 million euros. This amount is 28.4% higher than the figure recorded during the same ...

Continue reading Foreigners’ Investment in Spanish Housing Still Rising

January 6th, 2015

At the end of December 2014, the number of persons registered unemployed in Spain stood at 4.4 million, after falling by 253,627 unemployed in the whole of the year (-5.39%), representing its second consecutive annual decline and the largest since 1998, the Ministry of Employment and Social Security reported on ...

Continue reading Spanish Unemployment Fell by 253,627 People in 2014

January 5th, 2015

According to a recent ranking prepared by luxury real estate agents, Engel & Völkers, taking into account the most expensive property transactions carried out worldwide in recent months and also data from various market analyses, Port D’Andratx in Mallorca is one of the 25 most exclusive residential areas in the ...

Continue reading Mallorca’s Port D’Andratx On List of World’s Most Exclusive Residential Areas

December 31st, 2014

The number of applications for building permits to construct new housing in Spain surged by 6.7% in the first ten months of the year, compared with the same period of 2013, one percentage point more than in September, to stand at a total of 30,858 applications, according to the Ministry ...

Continue reading House Building Permits Rose by 6.7% to October

December 29th, 2014

International tourists spent 59,810 million euros in Spain in the first eleven months of the year, representing an increase of 6.7% compared to the same period in 2013, according to figures published on Friday from the Egatur tourist expenditure survey prepared by the Ministry of Industry, Energy and Tourism. In the ...

Continue reading International Tourists’ Spending up 6.7% to November

December 29th, 2014

According to a study conducted by the internet portal, Plan Reforma, which offers individuals a tool to calculate how much it would cost to build, or reform, the home of their dreams, there has been a general increase in the desire of the Spanish to build their own homes. The study ...

Continue reading Intentions to Build a Home Increases by 70%

December 25th, 2014

According to the conclusions of the latest Frontur tourist border movements survey released earlier this week by the Ministry of Industry, Energy and Tourism, Spain received 61.7 million international tourists up until the end of November, which is 7.2% more than during the same period of last year, and an ...

Continue reading Spain Received Record 61.7 Million Tourists to November

December 24th, 2014

A total of 15 million overnight stays were recorded in Spanish hotels in November, representing a decline of  0.1% compared with the same month of 2013, according to the latest National Statistics Institute data. This decline is explained by the drop in the number of overnight stays of residents in Spain, ...

Continue reading Overnight Hotel Stays in Spain Fell by 0.1% in November