Spain cuts 2023 growth forecast, mainly due to the war in Ukraine
Spain has cut its growth forecast for 2023, mainly due to the economic fallout following the Russian invasion of Ukraine and higher interest rates. The
Economy
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
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 to invest €11bn in microchip manufacturing to become global supplier
Spain is aiming to be a global leader in the semiconductor and microchip industry, as plans were announced this week for an 11 billion euro
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
Estimated inflation in Spain nearly 10% for March, highest in 37 years
Inflation in Spain is estimated to have surged to a 37-year high in March, rising to almost 10% over the past year as consumer prices
Spain to increase minimum wage to €1,000
Spanish Labour Minister Yolanda Díaz announced on Wednesday that the cabinet will be approving an increase of the country’s minimum wage to €1,000 at the next meeting
