Government Removes Olive Oil VAT To Boost Sales
Spain is attempting to come to the aid of its beleaguered olive oil industry by removing all VAT on the
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spain economy
BBVA Bid To Become Banking Powerhouse Comes Under Fire
Spain’s second-largest bank, Madrid based, BBVA announced today a 12.23 billion euro hostile takeover bid for smaller rival Banco Sabadell
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Spanish Economy Beats Expectations – Just
Spain’s gross domestic product (GDP) grew by 2.5% in 2023 according the latest figures from the INE state statistics agency,
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Spain´s Unemployment Lowest Since 2007 But Still Highest In EU
Unemployment in Spain has reached its lowest level since 2007, having fallen by 130,000 people (4.59%) since a year ago
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Madrid Leads The Way In Spanish Job Recovery
The Madrid region is leading Spain in job recovery according to the latest unemployment figures released today, Tuesday 3rd January.
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Spanish Government Announces Small Business Credit Line
The Spanish Cabinet has approved the first tranche of a line of guarantees for self-employed workers and small companies with
Read more “Intense Uncertainty” Causes Spanish Economy To Stall
The Spanish government has lowered its GDP growth forecast due to the impact of the war in Ukraine. According to
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Government Announces Emergency Aid To Tackle Energy & Fuel Inflation
The Spanish government has unveiled a package of emergency economic measures worth 6 billion euros in direct aid and 10
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Banco Santander 8 Billion Euro Profit Bounceback
Spanish mega bank, Banco Santander has announced a post pandemic bounce back recovery, posting a 8.1 billion Euro profit for
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Spanish Economy Continues Recovery As Unemployment Drops
The latest figures from the Spanish statistical agency INE show that the Spanish economy continued to recover in the final quarter of
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Spain Set For Slow Lane As Truckers Plan Christmas Strike
Spain’s national haulage association announced last week a three day lorry strike which if goes ahead is likely to lead
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Spain Recovers 70% of 2019 Air Capacity
The Spanish tourist industry is breathing a sigh of relief as the numbers of tourist arrivals enjoys a late summer
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Spain Increases Toll Free Motorway System
Travelling around Spain will become significantly cheaper from the 1st September as nearly 500km of previous toll motorways become free
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Bank Of Spain Sees More Light As Ursula Flies In With EU Funds
The Bank Of Spain has released its latest report on the country’s economic outlook, which shows a slight improvement on
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Covid Adds To El Corte Ingles Woes
Spain’s largest department store chain, El Corte Ingles reported record losses of €2.9bn for the trading period from March 2020
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Sanchez Calls “Great National Dialogue” In “España 2050” Modernisation Plan
The Spanish Prime Minister, Pedro Sánchez, has enveiled España 2050, the most ambitious modernisation plan in recent Spanish history. The
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Storm Filomena To Blame For First Quarter Economic Contraction
The latest figures released by the National Statistics Institute (INE) show a contraction of 0.5% in the Spanish economy for the
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Sanchez Hails “Generational Opportunity” As European Funding Set For Spain
The Spanish Prime Minister, Pedro Sanchez, has announced an ambitious modernisation plan to go in tandem with the European Union´s
Read more Spain´s Abandoned Youth – Low Salaries & Poor Prospects
Spain´s youth umemployment remains critically high, with no solution in sight,according to the latest data released by Encuesta de Población
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OECD Forecasts Further Improvement In Spain´s 2021 Recovery
The latest report by the OECD paints a rosier picture for the global economy with improved prospects for most of
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Spain´s Unemployed & Furlough Numbers Rise To New Levels
The number of people unemployed in Spain is now just over 4 million people representing 17% of the workforce according
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Bank Of Spain Shows Historic National Debt Surge
The Bank of Spain has released it´s latest figures for Spain’s national debt showing a record increase of just under 122.5
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Government To Bail Out Hotels And Restaurant Sector
The Spanish Deputy Prime Minister, Nadia Calviño, has indicated that the government will start to provide direct financial assistance to
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European Union Economic Forecasts “Light At The End Of The Tunnel”
The European Commission has released its Winter 2021 Forecast, which show improved prospects for the block and with higher than
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Spanish Restaurant Sector Decimated In 2020
A staple part of Spanish economy and society is finishing the annus horibilis of 2020 with shocking figures illustrating how
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BBVA And Sabadell Banks In “Possible Merger” Talks
Following the announcement in the United States of the sale of Spanish bank BBVA’s US retail operations it has also
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