economy

24 June 2015

Spanish Economy Recovers but Job Recuperation Is Slow

According to the figures released by a number of economic agencies and organizations, the Spanish economy is expected to register a growth of 3.3% by the end of 2015 for the whole year. This would be...

09 June 2015

Property Purchases Increase Almost 10% in April

Property purchases in Spain rose 9.4% annually in April according to the latest statistics published by the National Statistics Institute last Friday. This further points to a recovery in the sector...

Spain has two companies in the top 100 in the world

01 June 2015

Two Spanish Companies among Top 100 Family-Run Businesses in the World

There is a good handful of Spanish companies that are ranked among the top 500 of the most successful family-run businesses in the world. Included in the list are El Corte Inglés, Acciona, OHL,...

Rise in foreign residents in social security system

26 May 2015

Increase in Number of Foreign Residents Registered with Social Security System in Spain

The number of foreign residents registered with the Social Security system in Spain rose by 2.85%, or 44,540 contributors, in April from the previous month, to now stand at 1,607,883. This is the...

22 May 2015

How Does the Average Wage in Spain Compare with the Rest of Europe?

Some people may laugh, but according to the latest study by Adecco, the average wage in Spain in 2014 registered at 1,634 euro a month – a figure most likely to be earned in regions of the North...

06 May 2015

Unemployment Falls by Record Amount in April

One of the main problems facing the Spanish economy is the high level of unemployment, which many calculate will take years or even decades to bring down to an acceptable figure. However, on a...

02 May 2015

Sales of Digital Books Begin to Tumble

After years of soaring success, the digital market has hit its peak and is losing sales. The number of e-books sold has halted and tablets aren’t flying off the shelves like they used to. Something...

01 May 2015

Battle of the Best as DIA Takes on Mercadona

Most people know Día supermarket to be one of the cheapest supermarkets around – a discount supermarket. Its popularity rose enormously during the hardest years of the economic crisis, and the group...

29 April 2015

This Year Starts with a Bang Due to Surge in Employment and Consumption

According to the Bank of Spain’s economic bulletin, consumer consumption has begun this year with the same strength that it ended 2014, being propelled by a surge in employment and good financial...

24 April 2015

Record Number of Tourists in Spain with Fewer Russians and More Brits

Spain closed the first three months of this year with a record 10.6 million international visitors, which is 5.3% more than the for the same period in 2014, according to statistics revealed this week...

06 April 2015

Starbucks Rival to Open 140 Stores in Spain

Personally, I’m quite happy to go for a coffee at my local Spanish bar. In fact, just in a 100-metre stretch of my road there are five bars that I could choose from in which to enjoy a coffee and...