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Economy

Act Of Inaguration Of Juanma Moreno As New President Of Andalusia

President of Andalucia rules out ‘enforcing’ a tourist tax after left wing party said the region risks becoming a ‘beach club for the guiris’ without one

THE president of Andalucia, Juanma Moreno, has once again ruled out a tourist tax for the region. Speaking on Thursday in the regional parliament, he

3 May, 2024 @ 11:55

Andalucia·Economy·Lead

Now is a good time to buy property in Spain, says panel of experts – this is why

VERY high demand and low supply. That’s the current situation in Spain’s property market, according to experts in the sector, and as such a good

2 May, 2024 @ 09:57

Economy·Lead·Property

Spain will need 24 million migrant workers until 2053 to shore up pension system, warns central bank

THE Bank of Spain has warned that the country’s economy will need around 24 million migrant workers until 2053 if the pension system is to

1 May, 2024 @ 10:02

Economy·Lead

Aldi vows to reduce the price of 400 products across all of its stores in Spain

DISCOUNT supermarket Aldi says it has cut the price of more than 400 products in its stores in Spain. It claims, in a statement, that

30 Apr, 2024 @ 17:15

Economy·Lead·National News

BBVA and Sabadell banks to discuss huge potential merger in Spain

TWO of Spain’s leading banks- BBVA and Banco Sabadell- could merge, subject to successful talks. The initiative has come from BBVA, the country’s second-largest bank.

30 Apr, 2024 @ 15:43

Business & Finance·Economy·Lead

Spain’s economy surged by 0.7% in the first quarter of 2024, official figures show

SPAIN’S economy grew by 0.7% in the first quarter of 2024 in contrast to sluggish GDP figures in other European Countries. The National Institute of

30 Apr, 2024 @ 11:12

Economy·Lead·National News

Protests against tourism in the Canary Islands

Thousands turn out in Spain’s Canary Islands in protest demanding major rethink of tourism model for the hugely popular holiday destination

DEMONSTRATORS came out in force today in Spain’s Canary Islands in a historic protest against the tourist massification of the archipelago, and the dangers faced

20 Apr, 2024 @ 13:00

Canary Islands·Economy·Lead

Low-cost chain of self-service petrol stations brought out by oil giant in Spain

REVEALED: These are the cheapest areas to fill up your car with petrol across Malaga province – including Fuengirola, Mijas and Antequera

EVER since Russia’s invasion of Ukraine sent oil prices shooting up, consumers all over Spain have been searching for the best deals when it comes

18 Apr, 2024 @ 11:43

Economy·Lead·Malaga

Spain’s economy will grow at more than double the rate of other European countries this year, according to the IMF

SPAIN’S economic growth this year has been predicted to be better than its European neighbours according to the International Monetary Fund(IMF). The IMF has raised

17 Apr, 2024 @ 11:14

Economy·Lead·National News

Spain’s prime minister promises more affordable housing at meeting with sector representatives, but opposition accuses him of electioneering

SPAIN’S Socialist Party Prime Minister Pedro Sanchez met with representatives from the housing sector on Thursday, and pledged that his government would work to address

12 Apr, 2024 @ 12:59

Economy·Lead·Politics

Central European Bank leaves interest rates at 4.5% after inflation slows down - ahead of expected cuts in June

European Central Bank leaves interest rates at 4.5% after inflation slows down – ahead of expected cuts in June

THE European Central Bank(ECB) has left interest rates unchanged at 4.5%, as had been widely expected. Economists believe that with lower inflation, the ECB will

11 Apr, 2024 @ 17:20

Economy·European Union·Lead

Where are Brits and other foreigners buying property in Spain? New data reveals the hottest locations

Real estate agents say scrapping of Golden Visa will cause ‘irreparable’ economic damage to Spain’s Costa Blanca

‘IRREPARABLE’ damage will be done to the real estate sector and tourism on the Costa Blanca if the government abolishes the so-called Golden Visa. That’s

10 Apr, 2024 @ 16:00

Alicante·Costa Blanca·Economy·Lead·Other News·Property·Valencian Community

Households became wealthier in 2023 despite economic situation, according to Bank of Spain

FAMILIES in Spain became over 9% wealthier last year despite high inflation and interest rates, according to a Bank of Spain study. The conclusion is

10 Apr, 2024 @ 10:45

Economy·Lead·National News·Other News

Spain's November jobless total is lowest for the month since 2007

Spain boasts lowest unemployment figures for March since 2008: Easter holidays give boost to jobs

SPAIN has recorded its lowest March jobless total since 2008, with 2.7 million people registered as unemployed. That’s a fall of 33,405 compared to March,

2 Apr, 2024 @ 10:45

Economy·Lead·National News·Other News

Economic impact of drought is laid bare: Andalucia to grow less than the rest of Spain due to affected industries, study says

ANDALUCIA’S economy is predicted to grow slower compared to other Spanish regions this year, with a study suggesting that the drought is to blame. The

29 Mar, 2024 @ 11:15

Andalucia·Economy·Lead

Revealed: The three least developed regions in Spain – according to an EU report

ANDALUCIA, Castilla-La Mancha and Extremadura are the three least economically developed regions of Spain according to a European Union study. All of the areas have

28 Mar, 2024 @ 13:12

Economy·European Union·Lead·National News·Other News

Power prices take inflation in Spain to 13-year-high as government is unhappy with the EU

Inflation in Spain increases in March following rise in VAT charges for electricity

A RISE in VAT rates on electricity bills is behind a rise in Spain’s inflation rate to 3.2% in March. The provisional figure from the

27 Mar, 2024 @ 13:00

Economy·Lead·National News·Other News

Bars and restaurants in Spain see drink sales plummet after rising prices

BAR and restaurant customers are buying fewer drinks because of high prices according to a study by market analysts NielsenIQ. The firm says that beverage

6 Mar, 2024 @ 09:46

Economy·Lead·National News·Other News

Spain records highest Spain’s unemployment rate in December was the lowest since 2007, new figures show

Spain posts lowest February unemployment rate since 2008

SPAIN’S jobless total for February was the lowest for the second month of the year since 2008. The Ministry of Labour said on Monday that

4 Mar, 2024 @ 20:00

Economy·Lead·National News·Other News

Spain's annual inflation rate goes down to 7.3% in October

Inflation falls below 3% mark in Spain due to lower electricity prices

LOWER energy prices played a big part in Spain’s provisional inflation rate for February dropping to 2.8%. That’s a fall of 0.6% from January’s figure

29 Feb, 2024 @ 09:48

Economy·Lead·National News·Other News

WATCH: Inside the pre-packaged homes that are popping up across Spain and take just one day to install

“PREFABRICATED” homes — a type of dwelling whose primary components are manufactured in a factory and assembled elsewhere — are growing in popularity. Here’s a

27 Feb, 2024 @ 14:17

Economy·Featured Property·Madrid

Supermarkets in Food shopping basket purchases drop by 9% over a year in Spain

Supermarkets in Spain to be probed for ‘not lowering prices for customers despite receiving tax cuts’

SPAIN’S supermarkets are to be investigated over whether they have been ripping off customers over VAT cuts on essential foods and basic goods. The reduction

25 Feb, 2024 @ 13:00

Economy·Lead·National News·Other News

Farmer strikes latest: Protests to continue across Spain after meeting between trade unions and government

FARMER strikes across Spain are set to continue despite a meeting between the government and agricultural trade unions. Representatives from Asaja, COAG, and UPA met

16 Feb, 2024 @ 12:34

Economy·Lead

This expat hotspot on the Costa Blanca wants to become Spain’s first ‘crypto-friendly’ city – but what does that involve?

TORREVIEJA has unveiled plans to become Spain’s first cryptocurrency-friendly city. The Costa Blanca resort hopes to achieve that goal through an initiative launched by the

14 Feb, 2024 @ 10:20

Business & Finance·Costa Blanca·Economy·Lead·Other News·Torrevieja·Valencian Community

Bank transfers in Spain will soon be immediate and arrive within 10 SECONDS: New EU law abolishes painful days-long wait for money

PAINSTAKING waits for money to be transferred between different banks will soon be a thing of the past after the European Parliament modernised its payment

9 Feb, 2024 @ 09:32

Economy·Lead

Far-right forces are hijacking the farmer protests across Spain, claims deputy PM

THE First Deputy Prime Minister of Spain and Minister of Finance, Maria Jesus Montero, has claimed it is “evident” that farmer protests across Spain are

8 Feb, 2024 @ 15:41

Economy·Lead·Politics

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