Spanish Economy News

18 May 2016

Mobile Phone and Internet Tariffs Suffer Biggest Rise in Prices in 10 Years

The prices for telephone services in Spain are growing at a record rate this year. In April, consumers ended up paying an extra 3.7% for their telephone calls and Internet connection with respect to...

Zara ranked in Forbes most valuable brands list

17 May 2016

Zara, worth more than Porsche, Lexus and Banco Santander

Forbes, the magazine specialized in the world of business and finance, has just published its much-awaited annual list of the 100 most valuable brands in the world. And, despite not finding many...

Increase in businesses in tourism sector

17 May 2016

More Than 3,000 New Companies in Tourism Sector Created in First Quarter of 2016

Many factors are indicating that this year is going to be another record year for the tourism sector. International visitor numbers are already up on last year, tourists are spending more money and...

12 May 2016

Lidl Stays at the Top of Its Game in Spain

Going food shopping in Spain can be a bit of a chore. For me, there isn’t just one supermarket that has absolutely everything that I need to buy for the week. So, it’s always a case of popping into...

09 May 2016

Spain to Rely on Other Countries for Fish from Today

We all know that fish is a popular food source here in Spain, and that we eat a lot of it compared to many other countries. However, there have been warnings for a long time about over-fishing, with...

07 May 2016

Tourists Spent 10% More in March Than They Did Last Year

As a business owner, have you noticed that international visitors that have come to Spain in the last few months have forked out more money than last year while on holiday? Well, that’s what the...

Maccorp Exact Change foreign currency exchange offices Alicante airport

05 May 2016

Three New Money Exchange Offices Now Open in Alicante Airport

If you’re coming over from the UK on holiday and haven’t had time to change up your pounds before you arrive in Spain, it is often very difficult to find somewhere open at all times of day that will...

500-euro note existance until end of 2018

05 May 2016

We Will Say ‘Adiós’ to the 500-Euro Note at the End of 2018

It’s not often that I’ve held a 500-euro note in my hands, and if I have, as I actually can’t remember, it probably wasn’t for very long. It is unlikely that many more will pass through my fingers...

04 May 2016

Spain, Third Country in the EU with the Highest Petrol Prices

This headline spotted in today’s Spanish press is slightly surprising considering that petrol prices in this country have remained relatively low for quite some time now. But, according to the latest...

02 May 2016

Chinese Businessman Pays for 2,500 Employees to Holiday in Spain in May

It’s always great as an employee when our boss shows his or her appreciation for all our hard work throughout the year with an extra bonus at Christmas or a gift. For this reason, the 2,500 staff...

29 April 2016

Unemployment Goes Up Over Last 3 Months but Is Less Than Last Year

According to the Active Population Survey (EPA) published using figures collected by the National Statistics Institute (INE), the rhythm at which new jobs have been created in Spain began to slow...

Hire a hotel room for up to 12 hours in the daytime

26 April 2016

The ‘Daycation’ Concept Gains Popularity in Spain

In the past, the tendency to rent a hotel just for a few hours would have had a seedy connotation attached to it. Times change, however, and while the business of ‘hotels for hours’ has returned,...