Tag: economic growth
Spain’s government says economy has returned to pre-pandemic growth rates
SPAIN'S economy grew by 0.6% in the first quarter of 2023, compared to the previous three months according to figures published on Friday by...
Bank of Spain improves its economic forecast for remainder of 2023
THE BANK OF SPAIN has raised its economic growth forecast for 2023 to 2.3% from 1.6% in March as activity picked up more than...
Spain’s economy grew by 5.5% in 2022, surpassing government forecast
SPAIN'S economy grew by 5.5% last year- the same rate as in 2021- according to figures released by the National Statistics Institute(INE) on Friday.
The...
Bank of Spain forecasts double-digit food inflation rate to continue for rest of 2023
THE Bank of Spain has offered little respite to food shoppers with its prediction on Wednesday that double-digit food inflation will continue for the...
Spain’s economy grew faster than expected in 2022 to beat recession fears
SPAIN'S gross domestic product grew by 5.5% in 2022 despite the global economic crisis which has caused rocketing prices.
Figures released on Friday by the...
Pedro Sanchez suspends taxes on essential food products in Spain’s latest anti-inflation package
PRIME Minister Pedro Sanchez has announced details of Spain's latest 'anti-crisis' package to fight inflation in 2023.
The measures were agreed at Tuesday's meeting of...
Tourism reboot: Balearics receive millions to develop new tourism strategy
THE Balearics are to get a €233 million tourism boost from the European Union.
The €133 million will come from a €2 billion fund set...
Spain only EU country with improved economic forecast for 2015
The IMF has announced a light at the end of the tunnel for Spain despite its many debts and high unemployment rate
Don’t get complacent about growth, warns PM Rajoy
Government annouces tax cuts and job creation incentives
Tax cuts and job creation incentives to boost economic recovery
Prime minister positive on the economy, but says unemployment will continue to plague the country