Spanish Economy News

25 January 2016

International Tourism Fair Closes with Record Number of Visitors

The 36th edition of the International Tourism Fair, FITUR, which runs for four days and is annually celebrated in Madrid, closed having registered its best ever results. This year, the important...

22 January 2016

Terra Mítica to Open Themed Hotel This Summer

Last summer it was announced that a new hotel complex was being constructed within the grounds of the Terra Mítica theme park located on the outskirts of Benidorm. And, everything has gone according...

21 January 2016

Unemployment Rate Forecast to Drop Below 20% This Year

According to the latest report published by the International Organisation for Work (OIT), the unemployment rate in Spain will finally drop below 20%, to 19.5% in 2016. The rate currently stands at...

19 January 2016

Founder of Easyjet to Open Low Cost Hotel in Spain

Looking to expand his brand even further, founder of low-cost airline Easyjet, Stelios Haji-Ioannou, is making plans to open his first hotel of the EasyHotel group in Spain within the next two years...

18 January 2016

Logroño Company Offers Extra Holiday for Walking or Cycling to Work

There are many things that we can do on an individual level to help the environment. They range from anything like using fewer aerosols, ensuring we switch off electrical gadgets at the mains when we...

14 January 2016

Bankia Eliminates All Commissions for 2.4 million of its Customers

The banks in Spain are at war. That much is apparent in the flurry of activity and new policies being brought out by one or another what seems like every couple of weeks. Interest rates are low and...

13 January 2016

Iran Plans to Construct a New Petrol Refinery in Spain

Iran is planning on constructing a major petrol refinery in Spain and is currently in talks with a number of Spanish companies to see which would be willing to invest 50% of the capital required....

12 January 2016

Renfe Launches Another Cheap Ticket Campaign

Last month, two of my friends and I travelled up to Barcelona from Alicante for the weekend – and had the best time ever. We decided to make the trip because Renfe had launched its pre-Christmas...

11 January 2016

Iberia Offers 1 Million Discounted Flights in New Promotional Campaign

The offers from airlines have been coming in thick and fast. There have been end-of-year campaigns, Christmas offers, and discounts off new routes in a bid to attract passengers. Some have been...

07 January 2016

Two of the Best Shopping Destinations in Europe Are in Spain

According to a recent survey by global shopping consultants Global Blue, Barcelona and Madrid have been placed in joint second place in the ranking of the best shopping destinations in Europe. They...

07 January 2016

Sales Officially Start Today and Retailers Have High Expectations

It’s been quite noticeable already that this year’s sales and start to the New Year will be a lot different to last year. It seems that there is a certain excitement in the air and people are...

Unemployment level drops for third consecutive year

05 January 2016

Unemployment Undergoes Biggest Annual Reduction in Almost 20 Years

At the close of 2015, the number of people registered as unemployed with the country’s public services offices was reduced to 4.1 million people. Throughout the course of the year, the number of...