Economy

Spain’s Economy Minister Carlos Cuerpo has forecast “stable and robust” economic growth for the country averaging over 2% annually through until 2027, likely surpassing its European counterparts.

posted on 17.07.2024

Economy

Manufacturing activity increased in Spain for the fifth consecutive month in June, although at a slightly slower pace than recorded the month before.

posted on 02.07.2024

Economy

Spain’s economy is forecast to grow by 2.4% this year, according to the latest findings by Caixabank Research, half a percentage point higher than its prior forecast.

posted on 24.06.2024

Economy

The National Statistics Institute released Spain's year-on-year inflation report for May on Thursday morning, revealing a rate of 3.6%, matching market expectations, and an increase from April's 3.3%.

posted on 14.06.2024

Economy

Thousands of individuals took to the streets of Menorca and Mallorca over the weekend in opposition to mass tourism and overcrowding.

posted on 10.06.2024

Economy

Inflation in Spain has accelerated for a third month as the reduction of government support measures aimed at curbing the energy crisis drove prices higher.

posted on 31.05.2024

Economy

Spain welcomed over 16.1 million international tourists in the first quarter of the year, marking a 17.7% increase compared to the same period in 2023

posted on 16.05.2024

Economy

Spain's services sector activity grew last month at the fastest pace in nearly a year as robust demand resulted in businesses increasing capacity and recruiting additional staff, according to the findings of a survey published on Monday.

posted on 06.05.2024

Economy

Thousands took to the streets of Tenerife on Saturday, calling for the island to temporarily curb tourist arrivals to limit a surge in short-term holiday rentals and hotel construction that is increasing housing costs for locals. 

posted on 22.04.2024

Economy

Growth in the lending income of Spanish banks is forecast to decelerate this year due to a gradual rise in deposit remuneration, whilst bad loans could increase due to the impact of global geopolitical tensions on the economy

posted on 16.04.2024

Economy

Spain is set to scrap its 'golden visa' scheme that grants residency to foreign property buyers, it was announced by prime minister Pedro Sanchez on Monday.

posted on 09.04.2024