Spain’s latest economic data beats expectations – & unemployment lowest since 2008
Spain’s economy continued to bounce back in the final quarter of 2021, as data released on Friday by the National Statistics Institute (INE) confirmed that...
Economy
Unemployment in Spain shows record fall in 2021, due to part recovery of tourism
The number of people registered as unemployed in Spain fell by 2.4%, or 76,782 people, in December from November – the 10th consecutive month of falling...
Spanish government secures its 2022 Budget, plus labour reform approval
Spain’s ruling coalition government of the socialist PSOE and left-wing Podemos parties, and led by Prime Minister Pedro Sánchez, secured its hold on power on...
Spain passes ‘start-up law’ to attract international workers and foreign investment
The Spanish government has formally passed legislation that has been termed the ‘start up law’, intended to attract investment and encourage internationals to live and...
Spain’s unemployment figures fall, yet economic growth downgraded by OECD
Data announced this week reveals another fall in the level of unemployment in Spain in November, and is the ninth consecutive month of a declining...
GDP forecasts revised, as Spain’s economic recovery slower than France, Germany
Spain’s economy continues to rebound from the impact of Covid, but it may take slightly longer than initially forecast to return pre-pandemic GDP levels. Much...
Spain shows strong employment data, but inflation is high and GDP below forecast
Official data released this week confirms that Spain’s economic recovery is gaining pace, with a continuing decline in the level of unemployment and a significant...
Minimum wage set to increase, as economy continues to recuperate
The Spanish government has announced its intentions to raise the minimum wage in the next couple of months, possibly even before the end of September,...
Spain gets first tranche of €9 billion in ‘Next Gen’ EU Covid recovery funds
Spain on Tuesday received its first tranche of €9 billion from the EU Recovery Fund set up to help the bloc recover from the Covid pandemic...
Spain’s ‘Start-up Law’ aims to attract investment and international workers
New draft laws have been published this week to encourage entrepreneurs to relocate to Spain and compete on an international stage, along with attracting foreign...
