ECONOMY

Spanish economy grew 3.2% in 2015

4Q growth of 0.8% boosts overall annual expansion to levels not seen since before crisis

2015 WORLD BANK-IMF ANNUAL MEETINGS

Spain managing to hold off impact of global slowdown: IMF report

Organization sees Spanish GDP growing 3.1% this year It has also improved its forecast for the country’s unemployment rate

2015 WORLD BANK IMF ANNUAL MEETINGS

Downturn in emerging economies slows global growth further

IMF forecasts global GDP growth of 3.1 percent in 2015, its lowest rate for six years Outlook for LatAm particularly gloomy due to commodity prices and Brazil’s recession

2016 budget

Government pledges to cut taxes if it wins upcoming general elections

Budget for next year proposes 3.8% rise in social spending Public servants promised their first pay raise since 2009

ECONOMY

Spain will top economic growth and job creation this year, say world bodies

IMF and OECD are forecasting a rise of 3.1% in economic output and a 2.9% surge in jobs

GREEK CRISIS

Spanish PM seeks to allay fears of Greek contagion

Ibex 35 benchmark index closes down 4.56%, the biggest drop since August 2012 Analysts say a Grexit would have a “limited” effect on Spain's recovery in the short term

ECONOMY

Depreciation of euro helps Spanish exports hit record high in March

Sales to foreign markets surpass €23bn for first time as trade deficit drops to €890m

ECONOMY

Spain’s economy sees biggest quarterly upsurge since 2007

GDP grew 0.9% between January and March, according to statistics institute flash estimate

LABOR MARKET

Spanish jobless figures rise slightly in first quarter of 2015

Around 114,300 jobs were lost and workforce shrank, but year-on-year data shows growth

PUBLIC SPENDING

Not one AVE high-speed rail line is turning a profit, says new study

Multi-billion investments made by past and current governments off track, report concludes

ECONOMY

Labor market posts best February figures since start of crisis

Jobless claims declined as 96,909 workers joined the Social Security rolls

ECONOMY

Consumer spending fueling Spain’s economic upsurge

National Statistics Office confirms GDP grew 1.4% last year with 0.7% rise in fourth quarter

POLITICS

Podemos party official tries to skirt taxman with €200,000 payment

Juan Carlos Monedero insists that he has not committed fraud The sum covers back taxes and penalties levied on earnings from Latin America

ECONOMY

ECB will buy 10% of Spain’s public debt

Asset-purchase program likely to help homeowners, tourism and exports

Government revises 2015 growth figures for Spanish economy upward

Forecast, which includes creation of 348,200 jobs, comes despite effect of euro-zone slowdown

Prostitution and drugs account for €9bn of Spain’s GDP, says statistics institute

Inclusion of illicit activities and other changes to calculation methodology boost 2013 total by 2.6%

ECONOMY

OECD chief calls on Spain to continue with program of reforms

Ángel Gurría describes country as the “best example of how reforms can work”

ECONOMIC GROWTH

Spanish economy expanded 0.6% between April and June

Preliminary data by National Statistics Institute suggests sustained GDP growth over the last year

Spain’s foreign soccer stars will no longer benefit from ‘Beckham Law’

Government reform specifically omits sports professionals from lower tax regime

UNEMPLOYMENT CRISIS

One in five Spanish job seekers has not worked in three years

Long-term unemployment rose 22% last year, to 1.275 million Experts warn problem will be lasting legacy of the economic crisis

ECONOMY

Government ups growth forecasts to 1.2% in 2014 and 1.8% in 2015

Estimates will be officially announced when Madrid sends Brussels its stability program next week

ECONOMY

Risk premium falls to level last seen at time of Zapatero’s 2010 budget cuts

The differential between the Spanish and German benchmark bonds hits 164 basis points That was the level that triggered “the biggest adjustment in democracy” under former Socialist PM

economy

Central bank’s growth forecasts exceed government’s own predictions

New figures released by Bank of Spain see economy growing by 1.7 percent next year

ECONOMY

Household savings rate falls further as income drops

Families cut back on spending in third quarter of last year

ECONOMY

Spain’s total foreign debt declines to its lowest level since the crisis broke

Drastic deleveraging by banks pushes the figure down to 1.66 trillion euros

ECONOMY

Spaniards’ wealth compared to EU partners falls to levels of 1998

New figures reveal that Spain's GDP per capita figures for 2012 are at 96 percent of the EU average

ECONOMY

ECB sees downward price trend as good sign despite risks of deflation

Spain views inflation drop as an indicator that adjustment is on the right track