Spanish Economy News

16 June 2016

The new submarine cable will connect Virginia Beach, in the US, with the Biscay town of Sopelana. The whole purpose of this is to make the data centres and server communication of the two Internet...

Who charges the most for life insurance?

14 June 2016

Who Charges More for Life Insurance? The Bank or the Insurance Company?

As you can imagine with interest rates currently at 0% and credit loans not really taking off like a rocket, Spanish banks are in search of commissions. And they are looking everywhere they can....

eDay discounts for online shopping 13 June

13 June 2016

Today Is eDay: Get Thousands of Discounts Off Your Favourite Brands

There’s Black Friday in November, which is relatively well-known, and various sales throughout the year, but have you ever heard of eDay? No, well, it just happens to be today. Of course, this is...

09 June 2016

Primark Wants to Be Twice as Big in Spain

Despite the fact that Primark has become the largest fashion store in Spain, outselling national global brands such as Mango and Zara, financial director of the Irish company, John Bason, has stated...

Mariano Rajoy acting president of the Spanish government

07 June 2016

Rajoy Promises to Lower Taxes if His Party Wins the General Elections

With the general elections in just a few weeks, campaigning is already underway and in full flow, and Spain’s political parties are doing what they can to win the vote of the country’s electorate....

Boneless Grills are controlled by an app

06 June 2016

Catalan Company Develops Automatic Barbecue That You Control with an App

This is a completely novel invention. Up until now, we’d seen barbecues that could analyse and measure the temperature of the heat, but they couldn’t be programmed with just one click of a screen-app...

03 June 2016

New Record Reached for Number of Petrol Stations in Spain

Have you noticed that all of a sudden there are new petrol stations being erected in different parts of your town? In Torrevieja, it’s not like we’re short of them anyway, and I’ve seen a Gas Express...

Economic forecast for Spain raised by OECD

03 June 2016

OECD Raises Economic Forecast for Spain for 2016

In its six-monthly overview, the Organisation for Economic Cooperation and Development (OECD) has offered a slightly more optimistic forecast for Spain this year in comparison to six months ago, but...

Rise in international tourists to Spain this year

01 June 2016

International Visitor Numbers for First Four Months of the Year Up 13% on 2015

Those working in the tourism sector, whether directly or indirectly, should be looking forward to a booming summer season this year, as reports from various sources report a rise in figures from last...

27 May 2016

Rise of Dentist’s Surgeries Spirals Out of Control

Have you noticed in your area that new dentist’s surgeries have been springing up all over the place over the last couple of years? Whereas before it was either one or the other, now there are now so...

25 May 2016

Traffic on the Roads in the Alicante Province Increase for First Time Since the Crisis

Living just off the N332 in Torrevieja that leads up to the busy shopping centre at La Zenia, I’ve definitely noticed that there is a lot more traffic than there was at this time of the year last...

24 May 2016

Ryanair Set to Slash Prices to Gain Passengers

After announcing a net profit of 1.2 billion euro in 2015, a rise of 43% from the previous year, popular Irish low-cost airline, Ryanair, has said that it would slash ticket prices over the next few...