Unemployment rate in Spain falls to lowest level since 2008 crisis
Unemployment in Spain fell last year to its lowest level since the 2008 global financial crisis, as the tourism-driven service sector performed strongly, official data...
Economy
Spanish economy grew 0.8% in 3rd quarter, driven by consumption & exports
The Spanish economy grew 0.8% in the third quarter of 2024, as domestic consumption and exports increased, reinforcing a buoyant performance comfortably outstripping the EU...
Spain to introduce shorter working week with same pay by end of 2025
Spain’s coalition government and the two largest trade unions, the UGT and CCOO, agreed on Friday to implement a shorter work week with the same...
Spain tops economic rankings in weekly ‘The Economist’ magazine
Spain’s economy has been singled out as the best performing among 37 countries of the OECD (Organisation for Economic Co-operation and Development), according to the...
Stellantis & Chinese firm CATL to invest €4.1bn in battery plant in Zaragoza, Spain
Car giant Stellantis and Chinese electric battery manufacturer CATL announced on Tuesday that they are going to build a major battery factory in Zaragoza, in...
Spanish PM hails ‘historic’ trade deal between EU & Mercosur bloc
Spanish Prime Minister Pedro Sánchez has hailed the conclusion of a controversial free-trade deal between the European Union and South America’s Mercosur bloc, calling it...
Spanish government denies exploiting flood disaster to get budget approved
Spain’s minority coalition government of the PSOE socialists and Sumar left-wing umbrella group wants to galvanise its deadlocked 2025 draft budget by linking part of...
Spain’s booming summer service sector and foreign workers reduce jobless rate
Spain’s unemployment rate fell slightly lower in the third quarter as the service sector expanded, official data from the National Statistics Institute (INE) showed on...
Lack of affordable housing and threat of mass tenants’ strike puts pressure on Spanish government
Spain’s acute housing crisis and high rental prices are together piling pressure on the minority coalition government of socialist (PSOE) Prime Minister Pedro Sánchez, as...
Spain’s consumer price inflation fell to 2.8% in July – lowest level in five months
Consumer price inflation softened in Spain as expected in July to the lowest level in five months, latest data showed on Tuesday. Inflation fell to...
