Spain’s 12-month inflation rate over 10% in June, for first time since 1985
Spain’s 12-month inflation rate rose to 10.2% in June, the first time it has surpassed 10% since April 1985. It is up from 8.7% in May,
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Economy & Employment
Spain announces further €9bn to tackle Ukraine fallout, with fuel subsidy extended
The Spanish government on Saturday announced a further €9 billion national aid plan to help the country against the on-going economic fallout from the Russian invasion
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‘Pret A Manger’ sandwich chain to open 70 shops in Spain and Portugal
British sandwich and coffee chain Pret A Manger is to expand into Spain and Portugal as part of a plan to double in size, it
Unemployment in Spain below three million for first time since 2008
The number of people unemployed in Spain fell below three million in May for the first time since 2008, government figures showed on Thursday. By
Spain is to invest $13 billion to build its microchip industry
The Spanish government has announced a €12.3 billion investment plan to convert the country into a major producer of microchips and help reduce the dependence of
Qatar commits to investing €4.7 billion in Spain
Qatar has committed to investing 4.7 billion euros in Spain as the country launches an economic overhaul with its share of European Union pandemic recovery funding.
Spain approves line of guarantees to ensure liquidity of companies
The Spanish government has approved the characteristics of the first tranche of a line of guarantees for self-employed workers and companies, for a total of
Permanent job contracts reach record high in Spain, following labour reform
The number of people registering as unemployed in Spain fell 2.77% in April to 3.02 million people, the lowest level since July 2019, as hirings
Spain cuts 2022 growth forecast over consequences of war in Ukraine
Spain has slashed its economic growth forecast for 2022, mainly due to the economic consequences following the Russian invasion of Ukraine, and which continue to fuel
Spain starts 20 cents discount per litre of fuel, to run until at least 30 June
Starting from today (Friday 1 April) and continuing until 30 June, the Spanish government has cut the price of petrol and diesel by 20 cents
