economy - Olive Press News Spain

Local business owners in Spain’s Mallorca demand longer opening hours in restaurants after current measures ‘cover just 30% of expenses’

Faced with mounting debts acquired during the coronavirus pandemic, business unions have appealed to the Balearic government to 're-consider their current measures'

16 Mar, 2021 @ 20:30

Business & Finance·Mallorca

Spain’s Andalucia to approve €1,000 grants for small businesses and self-employed workers affected by recent COVID-19 restrictions

THE Junta is set to approve €1,000 grants for the self-employed and workers most affected by recent COVID-19 restrictions. The Andalucian government plans to give

17 Nov, 2020 @ 10:30

Business & Finance·Lead

Revealed: Five richest people in Spain’s Andalucia according to new Forbes list

Among the names, what prevails among the richest people in Spain are not the singers or well-known celebrities, but the country's businessmen, investors and great

4 Nov, 2020 @ 17:45

Business & Finance·Lead·Other News

Full speed ahead for Port of Valencia on the Costa Blanca

VALENCIA port has emerged as Spain’s number one port for connectivity and business, says a UN survey of the world’s commercial ports. And it emerged

3 Nov, 2020 @ 20:30

Lead·Valencia

Spain’s Andalucia, among the EU regions hardest hit economically due to COVID-19

The most socially and economically hard-hit regions are those that were under strict lockdown measures for the longest period and not necessarily those with the

13 Oct, 2020 @ 11:15

Business & Finance·Lead

Grim outlook on Spain’s road to economic recovery from coronavirus crisis

SPAIN’S economy is in danger of lagging behind the main advanced economies in Europe in recovering from the coronavirus crisis. According to the Organisation for

15 Aug, 2020 @ 10:11

Business & Finance·Lead·Other News

Electric vehicles to get €35 million boost as thousands of charging points to be installed across Spain

The pair will inject €35 million into the scheme which will see the installation of 8,500 electric vehicle charging points across the country

4 Aug, 2020 @ 14:56

Spain’s Airbus workers to strike after news of 1,600 job cuts post COVID-19

The European plane manufacturer announced last week that it will cull 15,000 jobs worldwide - 1,600 of them in Spain

24 Jul, 2020 @ 11:57

Cadiz

Spain will be worst hit first world country by coronavirus crisis, according to IMF

SPAIN will be the worst hit first world country, economically, due to the coronavirus crisis, the IMF has said.

25 Jun, 2020 @ 14:28

Business & Finance·Lead·National News

Bank of Spain estimates the economy will shrink by up to 15% due to coronavirus crisis

THE Bank of Spain has estimated that the economy will shrink by 15% due to the coronavirus crisis.

9 Jun, 2020 @ 16:36

Business & Finance·Lead·National News

Ryanair slams rival airline handouts as it records €1 billion profit pre-COVID-19

LEADING budget airline Ryanair has recorded profits of €1 billion during the 2019 financial year. This marks an increase of €117 million on 2018, according

18 May, 2020 @ 16:20

Business & Finance·Lead·National News

Andalusian economy predicted to shrink by up to 11.5% following the coronavirus crisis

THE Andalucian economy is predicted to contract by up to 11.5%, a new study has found.

15 May, 2020 @ 18:39

Business & Finance·Lead

IN NUMBERS: How Spain’s economy will shrink by unprecedented 9.2% this year due to coronavirus crisis as government hopes for sharp rebound in 2021

SPAIN’S economy will shrink by 9.2% this year. That’s the gloomy forecast made by the government this week, representing a significantly bleaker outlook than the

1 May, 2020 @ 20:41

Lead·National News

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

22 Apr, 2020 @ 18:10

Business & Finance·Lead·National News

Steen_jakobsen_chief Economist Of Saxo Bank

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

13 Oct, 2019 @ 15:53

Business & Finance·Malaga

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

13 Oct, 2019 @ 10:30

Lead·National News·Travel News

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

6 Oct, 2019 @ 18:46

Adam Neale: Property Insider·Property

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

5 Sep, 2019 @ 07:30

Business & Finance·Lead·National News

A rebound in the European economy is forecast for 2019

Elaborating economic premises is not an easy task, especially if the object of analysis involves a compendium of countries such as those that make up

5 Apr, 2019 @ 09:23

Business & Finance

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

4 Jan, 2019 @ 13:35

Business & Finance·La Cultura·Lead

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

22 Nov, 2018 @ 17:09

Business & Finance·Entertainment·Lead·Malaga·Other News

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

7 Nov, 2018 @ 19:20

Business & Finance·Lead·National News·Travel News

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

20 Oct, 2018 @ 11:30

Lead·National News

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.

20 May, 2018 @ 16:10

Lead·National News

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

4 Mar, 2018 @ 10:00

Food & Drink·Lead

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

25 Jan, 2018 @ 15:20

Business & Finance·Lead·Mallorca·National News

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