Spain’s new economy minister is named by Pedro Sanchez and gets sworn in by King Felipe
ECONOMIST and civil servant Carlos Cuerpo has been sworn in as Spain’s new economy and trade minister by King Felipe at a ceremony on Friday.
Spain’s inflation rate shows marginal December fall according to latest figures
THE RATE of annual inflation in Spain held steady in December hitting 3.1% according to provisional figures published on Friday by the National Statistics Institute.
Cheap transport, a ban on evictions and subsidised energy bills: Spain’s government set to extend cost-of-living measures into 2024
SPAIN’S leftist government is poised to extend some cost-of-living measures well into 2024, rather than letting them expire on December 31 as had previously been
Spain records highest employment rate for November since 2007 in positive sign for the economy
SPAIN’S unemployment total fell by 24,573 in November with 2.73 million people out of work- the lowest figure for the month since 2007. It’s only
Inflation rate in Spain fell to 3.2% in November, latest figures reveal
SPAIN’S inflation rate fell to 3.2% in November as a result of lower fuel prices and cheaper holiday packages, according to preliminary figures released on
Inflation in Spain stays at 3.5%: Cost of living crisis continues to hit households but surge in food prices FINALLY shows signs of cooling off
INFLATION rose by 3.5% in October- the same rate as in September, according to the National Statistics Institute (INE) on Tuesday. Falls in fuel prices
Fuel prices pump up inflation rate to 2.6% in Spain
AUGUST’S inflation rate in Spain reported an annual rise of 2.6%, according to preliminary figures from the National Statistics Institute (INE) published on Wednesday. The
Food in Spain is over 10% more expensive than a year ago despite the country’s low inflation compared to other eurozone countries
FOOD and soft drinks in Spain are 10.8% more expensive than a year ago, according to the Spanish National Institute of Statistics (INE). Despite Spain
Petrol prices at their highest this year after August’s latest hikes
PETROL prices are at their highest in 2023 after the latest increases this early August. The new hikes come as millions of Spaniards and tourists
Spain records its lowest level of unemployment since 2008 as nearly 22,000 jobs were created in July
UNEMPLOYMENT in Spain is at its lowest level since 2008, just before the financial crash, according to the Ministry of Labour and Social Economy. In
Malaga smashes historical export record with €1.296 Billion in sales in first five months of 2023
MALAGA has achieved a remarkable milestone in its export performance, setting a historical record by reaching €1.296 billion in sales during the months of January,
Spain’s job market breaks new records as number of people in work exceeds 21-million mark for first time
SPAIN posted record employment figures in the second quarter of 2023, exceeding the 21-million mark for people in work for the first time ever. Meanwhile,
The Council of Europe has required all EU batteries to be recyclable by 2027, initiated by Spain
A new European Union regulation requires that all batteries in member states must be recyclable by the next four years. The law was initiated by
SMEs’ costs have soared near 30% in only the last two years
EXPENSES for small and medium-size enterprises (SMEs) have increased by 27% in Spain in the last two years. SMEs costs’, on the rise since the
Spain breaks monthly tourist record- yet again- as visitors continue to flood back
THE BIG return of foreign tourists is continuing unabated with May joining the first four months of the year to record all-time high international visitors.
Inflation in Spain falls below 2% for first time since March 2021
INFLATION in Spain has dipped to below 2% for the first time since March 2021 according to provisional June figures released on Thursday by the
Spanish Cabinet extends raft of measures put in place to help ease cost-of-living crisis
THE SPANISH Cabinet on Tuesday approved an extension to a raft of measures that were put in place to help combat the cost-of-living crisis caused
Spain to offer tax breaks to people who buy an electric car
SPAIN will pay back up to 15% of income tax to people who buy an electric vehicle before the end of the year in a
Most tax cuts on essential foods expected to be extended this week in Spain as election looms
SPAIN’S Economy Minister Nadia Calviño has said that she expects the Council of Ministers to extend on Tuesday some of the anti-crisis measures that are
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 the
Rising interest rates cause big fall in new mortgages for house buyers in Spain
NEW HOME mortgages granted in April fell by 18.3% compared to a year earlier according to figures from the National Institute of Statistics published on
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 expected
Spain’s banks told to pay out more to savers as interest rates climb
BANKS in Spain have been told to start paying clients better rates for their savings as interest rates continue to climb. The call has come
Inflation falls in Spain in May, but remains stubbornly high for foodstuffs
INFLATION in Spain fell to 3.2% in May according to the country’s National Statistics Institute (INE), but the rate for foodstuffs remains stubbornly high at
Spain’s government to keep VAT reduction on essential foodstuffs in place
SPAIN’S economic affairs minister announced on Monday that the government would keep in place a current VAT reduction on essential foodstuffs, until prices have fallen
Spain’s inflation rate reaches lowest number in almost two years
INFLATION in Spain is at its lowest rate since July 2021 with core inflation- excluding food and fuel prices- down for the third consecutive month.