Articles tagged as: spain economy

March 17th, 2015

According to recent data from the Spanish Ministry of Development, the average price of private housing in Spain fell by 0.3% in 2014. In addition, 16.7% of the home sales transactions carried out in Spain in 2014 corresponded to foreign buyers, both residents and non-residents, which is the best percentage ...

Continue reading Foreign Home Buyers Still Attracted to Spain

March 17th, 2015

The sale of homes in Spain grew by 21.6% during 2014, reaching a total of 365,594 transactions, according to the Ministry of Development’s real estate transactions statistics, which highlights that this is the highest figure for home sales since 2010.All of Spain’s regions registered increases in the number of home ...

Continue reading Home Sales in Spain Increased by 21.6% in 2014

March 16th, 2015

The Spanish National Statistics Institute reported this week that a total of 8,229 new companies were created in January this year, which represents a decline of 8.2% compared with the same month of 2014, and breaks their run of four consecutive months registering positive year-on-year rates.Meanwhile, the number of company ...

Continue reading Number of New Companies Down 8.2% in January

March 16th, 2015

The number of new homes completed in Spain in 2014 amounted to a total of 46,822 units, representing a drop of 27.7% compared to the previous year (64,817), according to recent data released by the Ministry of Development. Thus, the number of new home constructions completed in Spain maintains the ...

Continue reading Only 46,822 New Homes Completed in 2014

March 13th, 2015

According to the results of a study carried out by leading holiday rental portal, HomeAway, Inc., which analysed the prices of holiday rentals in Spain in the run up to the Easter holidays (Semana Santa), holiday rental prices generally maintained stable rates, but increased slightly, by 3.2%, in the month ...

Continue reading Semana Santa Drives Holiday Rental Prices Up 3%

March 10th, 2015

The Ministry of Employment and Social Security reported last week that, in February, the Spanish Social Security system gained an average of 96,909 contributors over the previous month (+0.6%), bringing the total number of affiliates registered in the system to 16,672,222, and is the best data for a month of ...

Continue reading Social Security Gained Nearly 97,000 Contributors in February

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

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 ...

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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