• Eurozone Unemployment Rate Stable at 11.1% in May

    The unemployment rate in the eurozone stood at 11.1% of the active population in May, which is the same rate as the previous month, when it registered its best reading since March 2012, according to data provided by Eurostat. Compared …

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  • Inflation at 0.1% in June After 11 Months of Negative Rates

    The consumer price index (CPI) rose by 0.3% in June compared with a month earlier and rose by three-tenths year-on-year, to stand at 0.1%, due to the increase in prices of electricity and food and non-alcoholic beverages, according to the …

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  • Spain Registers Third Biggest Rise in Employment in the Eurozone in Q1

    The number of people employed in Spain increased by 0.8% in the first quarter of 2015, compared with the previous three months, which is the third biggest rise registered among the eurozone countries and the fourth largest in the European …

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  • Industrial Production in the Eurozone increased by 0.1% in April

    Industrial production in the eurozone recorded a 0.1% increase in April over a month earlier, when it had dropped by four tenths, while in year-on-year terms it grew by 0.8%, according to the latest report from the European Union statistical …

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  • Eurozone GDP Increased by 0.4% in Q1

    The gross domestic product (GDP) of the eurozone grew by 0.4% in the first quarter of the year, which is one-tenth more than in the last quarter of 2014, according to the second estimate for the first quarter of 2015 …

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  • Spain Leads Reduction in Eurozone Unemployment Rate

    Unemployment in the eurozone stood at 11.1% in April, which is one tenth less than the previous month and six tenths below the rate registered a year earlier, and represents the best reading of the indicator since March 2012, according …

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  • Construction Slows Again in Spain

    According to the European Commission statistical office, Eurostat, Spanish construction activity has slowed, with the production in the building sector in Spain falling by 8% in March over the same month of 2014, and by 1.4% compared to February. Both …

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  • Harvard Predicts Spain Will be Leader of the Eurozone in 2023

    In Harvard University’s recent presentation of its projections for growth, in 127 countries throughout the world up until the year 2023, the report predicts that Spain will be the fastest growing of the large countries of the eurozone, with an …

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  • Eurozone Unemployment Stable at 11.3% in March

    In March this year, the unemployment rate in the eurozone stood at 11.3%, which is stable compared with the previous month and four tenths less than in March 2014, when it stood at 11.7%, according to the latest data provided …

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  • Houses Prices Rise by 0.2% in Spain and 1.1% in the Eurozone

    The price of housing in Spain rose by 0.2% in the last quarter of 2014, compared with the same period of the previous year, according to recent data from the European Commission statistical office, Eurostat, while house prices in the …

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  • Europe’s Long-Term Unemployment Drops For First Time Since 2009

    According to the latest quarterly report published by the European Commission (EC), long-term unemployment in the EU countries has registered a slight decline, for the first time since the start of the crisis. In the report, the EC highlights important …

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  • Spain Expected to Receive Over 17.9 Million Tourists in Q2

    Forecasts contained in the Coyuntur report for the first quarter of 2015, prepared by the Spanish Ministry of Industry, Energy and Tourism, predict that Spain will receive more than 17.9 million international tourists in the second quarter of the year. In …

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  • Spain Leads Upturn in European Construction

    Recent data published by the European Commission statistical office, Eurostat, indicates that activity in Spain’s construction sector increased by 14.4%, year-on-year, compared with an average rise of 3% registered across the European Union. Compared with December last year, the construction …

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  • Spain and Latvia Led EU Job Growth in Fourth Quarter of 2014

    The number of persons employed in the eurozone increased by 0.1% in the fourth quarter of 2014, compared to the previous three months, when it had increased by 0.2%, according to a report by Eurostat, which highlighted Spain and Latvia …

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  • More Tourists Mean More Credit for SMEs, Say Moody’s

    In a report published this month on the situation in Spain and its business structure, the credit rating agency, Moody’s, forecast that the expected growth in Spain’s tourism sector during 2015, motivated by the current weakness of the euro and …

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