• 50 Euro Social Security Flat Rate Boosts New Start-Ups

    The Ministry of Employment and Social Security has reported that the 50 euros flat rate social security contribution for new self-employed persons implemented last year, has so far encouraged a total of 267,964 new entrepreneurs to register in the Spanish …

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  • Foreign Social Security Contributors Up 0.09% in June

    Foreign contributors to the Spanish Social Security system amounted to a total of 1,609,677 persons in June, representing an increase of 0.09% over the previous month, according to data published last week by the Ministry of Employment and Social Security. …

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  • Home Mortgages Fell by 3.4% in May

    The total number of new mortgages granted on homes recorded in the property registers stood at 17,963 in May, which is a drop of 3.4% compared with the same month in 2013, according to data released on Friday by the …

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  • Spain Received Record 28 Million International Tourists to June

    According to the latest Frontur Inbound Tourism Survey results, released by the Ministry of Industry, Energy and Tourism, Spain posted a new record for the first half of this year with a total of 28 million inbound tourists, representing an …

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  • Rajoy Reiterates Success of Structural Reforms and Commitment to SMEs

    Speaking at an event organised by the Chambers of Commerce of Andalusia, the President of the Spanish Government, Mariano Rajoy, maintained that the fiscal consolidation and structural reform policies implemented by the Government, together with the strengths of the Spanish …

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  • Inflation Continues to Fall and Closed June at 0.1%

    The annual rate of inflation in June stood at 0.1%, one tenth lower than that registered in May, continuing a downward trend for the second consecutive month, according to the consumer price index (CPI) published by the National Institute of …

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  • Homes Sales Up 5.4% in May Year-on-Year

    The National Institute of Statistics reported on Wednesday that home sales in Spain rose by 5.4% in May, over the same month of 2013, to a total of 28,124 transactions, thanks to a boost in the second hand market. The …

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  • Foreclosures Fell by 4.2% in Q1 Year-on-Year

    The number of foreclosures on primary residences stood at 9,464 in the first quarter of the year, representing an increase of 19.1% over the previous quarter but a decrease of 4.2% compared with the period January-March 2013, according to the …

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  • Domestic Tourism Boosts Hotel Bookings by 1.4% in May

    A total of 26.7 million overnight stays were registered in Spanish hotel establishments in May, representing an increase of 1.4% over the same month of 2013, boosted by a 4% rise in stays by residents in Spain, while foreigners’ bookings …

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  • Employment Up 4.2% Breaking Trend of Past Seven Years

    According to a report prepared by the companies Infoempleo and Adecco relating to 2013, which was presented on Friday by the Secretary of State for Employment, Engracia Hidalgo, job offers in Spain rose by 4.2% in 2013 over the previous …

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  • Home Mortgages Fell by 13.4% in April

    The number of new mortgages granted on homes recorded in the property registers stood at 15,326 in April, which is 13.4% less than the same month in 2013, according to data published last week by the National Statistics Institute, who …

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  • Spain Received Record 21.4 Million International Tourists to May

    According to the latest Frontur Tourist Border Movement Survey, released by the Ministry of Industry, Energy and Tourism on Monday, Spain received a new record of more than 21.4 million international tourists between January and May, representing an increase of …

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  • Foreigners Bought 19.4% of Homes Sold in Spain in Q1

    According to the Notaries’ Statistical Information Centre, in the first quarter of this year, foreigners bought 15,402 homes in Spain, which is an increase of 27.2% over the same period last year, and represents 19.4% of all the properties sold …

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  • Budget Airlines’ Passenger Traffic up 10.4% to May

    The low cost airlines transported 10.9 million passengers to Spain in the first five months of the year, representing an increase of 10.4% over the same period last year, according to data released this week by the Tourism Studies Department …

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  • 81,358 Homes Sold Between January and March 2014

    The Spanish Government website, La Moncloa, reported last week that, according to the statistics on residential property transactions made before a notary, the latest results show that in the first quarter of 2014, 81,358 homes were sold in Spain, representing …

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