Articles tagged as "Spain economy"

Articles tagged as "Spain economy" : 123 articles

2018 Spanish property market forecast for 9.3% growth

In 2018, the strength of Spain's property market will be even more evident, with home sales predicted to surpass 500,000.

In 2018, the strength of Spain’s property market will be even more evident, with home sales predicted to surpass 500,000.

The estimated numbers of properties expected to be sold in Spain in 2018 is 526,000 – a 9.3% increase on the 481,000 home sales likely to be recorded in 2017.

Next year’s anticipated growth will also usher in an average national price increase of 6.1%, which is slightly lower than the 6.9% price increases registered this year. Affordability will still be the name of the game in 2018, however, because even with the expected 6.1% price increase the average Spanish home value will still be 27% below 2007’s peak…

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Author: 08/11/2017 [0] Comments 

Spanish expats in UK contribute £802 million to British economy

While Spaniards living in Britain may not love the rain, there is much about the country they do enjoy.

While Spaniards living in Britain may not love the rain, there is much about the country they do enjoy.

The enduring love affair between Spain and the UK – the occasional Gibraltar-themed spats aside – should serve as a reminder to those who wish to paint a picture of a divided Europe that even countries as ‘different’ as Britain and Spain share a great deal of love, respect and admiration for one another…

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Author: 03/11/2017 [0] Comments 

Spanish economic growth on track in third quarter

Spain has enjoyed some of the strongest and most sustained economic growth of all the nations in Europe over the past 24 months.

Spain has enjoyed some of the strongest and most sustained economic growth of all the nations in Europe over the past 24 months.

It’s only really economists who break the year down into quarters. Sure, we all have a mental map of when summer ends and winter starts, but spring and autumn often do a passable impression of the seasons either side of them, which makes the notion of four seasons redundant for many…

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Author: 02/11/2017 [0] Comments 

Brilliant news for Spain economy as number of jobless falls 180,000

The jobless queues are much shorter now in Spain as the economy enjoys some of the best growth in the EU.

The jobless queues are much shorter now in Spain as the economy enjoys some of the best growth in the EU.

A total of 182,600 new jobs were made in Spain in the third quarter of the year between July 1 and September 30, reducing the percentage of people out of work by 4.66%, and bringing the country’s total jobless figure down to 3.73 million – the lowest it has been since 2008…

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Author: 01/11/2017 [0] Comments 

Mortgage approvals rose 33% in Spain in summer

Mortgage activity throughout the summer has been very brisk in Spain.

Mortgage activity throughout the summer has been very brisk in Spain.

Data from Spain’s National Statistics Office (INE) published last week has shown that the number of mortgage approvals granted in the month of July was 32.9% higher than over the same month last year…

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Author: 02/10/2017 [0] Comments 

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 
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