Articles tagged as "Spain economy"

Articles tagged as "Spain economy" : 118 articles

Spanish property records 5.6% price increase in second quarter

Home values across Spain vary, and so too do annual price fluctuations, but as a national average the trend is positive.

Home values across Spain vary, and so too do annual price fluctuations, but as a national average the trend is positive.

Attaining an accurate, tell-all figure that provides a snapshot of Spanish property prices is no easy task. Aside from the regional variation, there are also a number of different metrics being used, ranging from average mortgage loan values to recorded transaction prices…

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Author: 12/09/2017 [0] Comments 

Spain’s building industry to grow 4% annually, data shows

Madrid’s skyline changed dramatically a decade ago, and new activity could alter it once again.

Madrid’s skyline changed dramatically a decade ago, and new activity could alter it once again.

“A forest of cranes” is how Bloomberg describes the Madrid skyline, and while the Spanish capital looks nothing like Dubai’s crane-dappled visage of a decade ago, the burst of building work in and around the city is noteworthy…

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Author: 18/08/2017 [0] Comments 

Spain’s economy growing three times faster than UK’s

Spain is booming, particularly in Madrid, Barcelona, and along its ever-popular Mediterranean coastline.

Spain is booming, particularly in Madrid, Barcelona, and along its ever-popular Mediterranean coastline.

The New York Times calls it the “end of a nightmare”, while elsewhere in the international press the official economic data published by the Spanish government on Friday was reported a little more sedately: Spain’s economy is not only growing, but surging ahead of most of the rest of Europe…

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Author: 01/08/2017 [0] Comments 

Spanish government to create 20,000 public sector jobs over next two years

Thousands of new seats will be filled across Spain's public sector over the next couple of years.

Thousands of new seats will be filled across Spain’s public sector over the next couple of years.

The government of Spain has pledged to create an additional 20,000 jobs in the public sector between now and 2019 in an effort to offer greater support for much of the country’s official authorities and services.

According to the El Mundo newspaper, 7,000 posts will be created for general state administration, with a further 3,360 positions added to the judiciary…

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Author: 10/07/2017 [0] Comments 

Flee the nest: how Spain’s improved economy is easing parent-child relations

Young Spaniards have long valued their education more than their independence, but could that all be about to change?

Young Spaniards have long valued their education more than their independence, but could that all be about to change?

“Too lazy to earn a living” were the words uttered by a judge in northern Spain who turned down a legal request by a 23-year-old woman to continue to receive her parents’ financial assistance…

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Author: 24/05/2017 [0] Comments 

Both foreign and domestic buyers fuelling Spain property growth, data shows

Property prices are now at 2004 levels, the data showed, buoyed by domestic and foreign demand.

Property prices are now at 2004 levels, the data showed, buoyed by domestic and foreign demand.

The Notaries Association in Spain has published property sales figures for March that show a 19.5 per cent increase in transactions for the month when compared to March 2016…

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Author: 22/05/2017 [0] Comments 

Car sales up, illegal downloads down: sign of the times for Spain’s strengthening economy

Car sales in Spain increased significantly in the first quarter of this year.

Car sales in Spain increased significantly in the first quarter of this year.

For a short while during the credit crunch years of 2008-2012, Spain was Europe’s hotbed for illegal downloads. From music to film and even unlicensed software, many cash-strapped Spaniards turned to dodgy online services to get hold of content they perhaps couldn’t afford, or did not want to pay for…

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Author: 19/05/2017 [0] Comments 

Tourism and exports boost Spain’s economy in the first quarter

The Spanish Prime Minister has been impressed by the country's economic start to the year.

The Spanish Prime Minister has been impressed by the country’s economic start to the year.

The Spanish Prime Minister Mariano Rajoy last week increased the country’s economic outlook for 2017 based on an extremely strong first quarter that saw Spain’s tourism and export industries perform brilliantly.

The government now expects national GDP to increase by 2.7% this year, up from 2.5% at the turn of year. This stronger-than-expected start to 2017 is seen most starkly in hotel, flight and resort data that show record-levels of tourism into the country…

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Author: 28/04/2017 [0] Comments 

Spain’s tax take returns to 2007 levels – and that’s a good thing

The amount of tax available to Spanish authorities this year is the highest ever, data shows.

The amount of tax available to Spanish authorities this year is the highest ever, data shows.

Very few people like the idea of paying higher taxes, but often the reality of higher taxes is more favourable than the reality of lower taxes.

Take Greece or the USA, for example. Many Americans hold tightly to their libertarian ideals, and many presidential candidates that whisper the words “higher taxes” are given short shrift by the populace. And the result? Poor levels of universal healthcare, very little in the way of parental leave, and badly underfunded roads and public transport in the big cities…

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Author: 13/04/2017 [0] Comments 

January Spanish mortgage approvals hit five-year high

Spanish banks' willingness to lend is an encouraging sign of a strong economy and property market.

Spanish banks’ willingness to lend is an encouraging sign of a strong economy and property market.

Recent data published last week by Spain’s National Statistics Institute (INE) has revealed that there were 27,240 new mortgages issued in the country in January – the most in a single month since January 2012.

This figure was also a 16.9% increase on January last year, and mirrors other data published so far this year that suggests 2017 will be an even stronger 12 months for Spanish property than 2016…

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Author: 05/04/2017 [0] Comments 
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