Mercadona sees profits drop 95% in March during Spain’s COVID-19 crisis
MERCADONA has recorded losses of nearly 95% in March, it claims are due the coronavirus crisis. The supermarket giant insists the slump is due to
Saxo Bank Chief Economist Steen Jakobsen to answer crucial questions on Spain’s economy at free Marbella seminar
He regularly appears as an economics pundit on Bloomberg News and CNBC, commenting on the latest international financial developments
Spain is still THE place to go following a successful January to July season – after all, 78 million tourists can’t be wrong!
Tourists in July were on average spending €150 a day, 4.9% more than they were at the same time last year
Expect Spain’s property prices to plateau and ‘sustainable’ to become the buzzword for buyers, writes Adam Neale
The market’s appetite for sleek white villas and apartments appears to be slowly cooling but homebuyers continue to look for innovations in style, comfort, economy
Number of Spain’s ‘super rich’ millionaires surges by 74% in decade as poorest get poorer
The net wealth of Spain’s poorest 50% has decreased by 4% since 2008
70% Amazon staff at largest warehouse in Spain strike ahead of Three Kings Day
AMAZON workers at their Madrid warehouse have gone on strike ahead of the Three Kings Day. Staff walked out yesterday as part of a long
Costa del Sol shoppers have already bought one third of Christmas presents ahead of Black Friday rush
Black Friday has a huge impact on Christmas spending habits, with 77% of consumers making a purchase on the now-legendary discount day
BREXIT: Spain tourism minister in crunch talks with Thomas Cook and Jet2 to secure future of 18 million British holidaymakers
Tourism makes up 11% of Spain's €1 trillion economy and British tourists are the largest visiting group, making up 25% of Spain's total tourists
Power to the people: Pedro Sanchez signs landmark deal to protect Spain’s self-employed
The changes are part of a government roll-out of fiscal measures to achieve a fairer society
Spain’s job market still feeling the effects of the economic crisis
THE economic crisis is continuing to pinch the jobs market in Malaga province where 53,500 fewer men are in work compared to a decade ago.
Spanish are eating out more – and particularly at more foreign restaurants, particularly Italian
THE locals are eating out more, spending more and, best of all, widening their palate. In good news for expat restaurateurs, the average Spaniard ate
Reduction in Spain’s economy forecast following political unrest
SPAIN is the only developed economy to have its growth prospects for 2018 reduced by the International Monetary Fund. The forecast cut back, announced during
King Felipe VI assures business leaders Spain’s economy is still strong
Speaking to leaders at the World Economic Forum, Felipe encouraged business leaders to keep investing in Spain because it is a ‘great country’, despite the
Future is bright as Spain’s economy grows in line with expectations
As for the future, the Bank of Spain expects the country's economy to grow by 2.4% in 2018 and by 2.1% in 2019 and 2020.
TRAGEDY: Greek economy to grow faster than the UK in DEVASTATING new IMF forecast
FIGURES released this week by the International Monetary Fund (IMF) have painted a damning picture of the future of the UK’s economy. The IMF singled
Brexit Update: Assessing its Impact on the European Economy
We’re all well aware of the impact the Brexit vote had on the economies of the UK and EU states. Immediate chaos ensued, due to
Spain economy expected to grow MUCH more than predicted by IMF this year
SPAIN’S economy is expected to grow much more than predicted by the IMF this year. The world banking institution had forecast growth of 2.6%, but
Spanish debt reaches over €1 trillion
The debt has risen for a fourth consecutive month
Spanish economy on road to recovery thanks to excellent first quarter
The Bank of Spain increased its growth estimates for 2017-2019, citing an improved global economic outlook, and GDP increased by 0.8% in the first three
Spain’s unemployment falls by almost 50,000 in March
Spain is seeing its lowest unemployment rate in seven years, however many of the new jobs created are in the hospitality sector, and are temporary.
Economic recovery in Spain failing to reach wage earners as poverty increases
Poverty has increased in the country despite its solid performance
Britain’s Brexit plans ‘potential threat’ to Spain’s economic progress
Bank of Spain is also concerned about upcomming European elections in France and Germany
Taxing times in Spain
How Spain’s tax system is undermining the property market and its would-be buyers
Spain’s building activity on the up and paying its builders better
Builders seeing more work, better pay from 2010
Spain’s economy to outstrip Germany, France and Italy in 2016
Spain’s 2016 gain
Bumper year predicted for Andalucia’s economy
Great expectations