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EL PAÍS
EL PAÍS
Antonio Maqueda
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Antonio Maqueda

ECONOMY & BUSINESS

Spanish government announces €11bn support package for hostelry, tourism sectors

Xosé Hermida/Antonio Maqueda|Madrid | 24-02-2021 - 14:08 UTC

The measure is aimed at helping ‘companies, small and medium-sized enterprises and self-employed workers’ who have been hit by the economic fallout of the coronavirus crisis

ECONOMY

Czech Republic overtakes Spain in GDP per capita

Antonio Maqueda|Madrid | 08-02-2021 - 11:15 UTC

Nearly 20 years after Spaniards adopted the euro, there has been no convergence with Germany while Eastern European economies are edging closer

CORONAVIRUS IMPACT

Spain’s economy shrank 11% in 2020, in biggest drop since Civil War

Antonio Maqueda|Madrid | 29-01-2021 - 10:48 UTC

Output grew 0.4% in the fourth quarter but it was not enough to compensate for the damage caused by the coronavirus pandemic

CORONAVIRUS

Spanish economy shrank 17.8% in the second quarter due to coronavirus crisis

Antonio Maqueda|Madrid | 23-09-2020 - 10:44 UTC

The decline is the largest since the 1930s, but not quite as bad as the National Statistics Institute had anticipated

CORONAVIRUS

Bank of Spain downgrades economic forecast and warns of slower recovery

Antonio Maqueda/El País|Madrid | 16-09-2020 - 14:59 UTC

According to the central lender, GDP will fall between 10.5% and 12.6% this year as a result of the coronavirus crisis

SPANISH ECONOMY

Spain experienced Europe’s worst job destruction in first half of the year

Antonio Maqueda|Madrid | 01-09-2020 - 09:46 UTC

A strict lockdown, reliance on tourism and a high rate of temporary contracts help explain why employment decreased by around 8%

CORONAVIRUS

Spain’s economy posts historic 18.5% quarterly fall due to coronavirus lockdown

Antonio Maqueda|Madrid | 31-07-2020 - 09:00 UTC

New data shows that output has fallen to levels not seen since the late 19th and early 20th centuries

CORONAVIRUS

Spain could get €140 billion from EU’s Covid-19 recovery plan

Bernardo de Miguel/Lluís Pellicer/El País/Antonio Maqueda|Madrid | 27-05-2020 - 15:17 UTC

If approved, the Spanish economy would be the second top beneficiary of the historic program after Italy

CORONAVIRUS

Bank of Spain calls for cuts, predicts bigger slump

Antonio Maqueda|Madrid | 18-05-2020 - 15:51 UTC

Governor Pablo Hernández de Cos asks lawmakers for a reform program spanning several political terms in order to avoid a new debt crisis in the wake of the coronavirus recovery effort

CORONAVIRUS

Spanish economy falls 5.2% in first quarter, the biggest drop in nearly a century

Antonio Maqueda|Madrid | 30-04-2020 - 09:23 UTC

The Bank of Spain estimates that GDP could retreat by between 6.6% and 13.6% this year due to the coronavirus crisis, which has grounded most business activity to a halt

CORONAVIRUS

Spain prepares fresh economic relief for the self-employed

Antonio Maqueda/Manuel V. Gómez|Madrid | 31-03-2020 - 08:41 UTC

With the economy in slow motion, small entrepreneurs may soon benefit from extended deadlines on social security payment obligations

CORONAVIRUS

Spain reports its first coronavirus death

Ignacio Zafra/Pablo Linde/Antonio Maqueda|Valencia / Madrid | 04-03-2020 - 09:59 UTC

Infections push past the 200 mark while Israel announces that travelers from Spain and other countries will be quarantined

ECONOMY

Population slowdown is holding back Spain’s economy

Antonio Maqueda|Madrid | 24-12-2019 - 07:47 UTC

A low birth rate and new migration trends pose questions about the country’s ability to generate growth

Economy

Brussels asks Spain not to spend €22 billion it could save from low interest rates

Antonio Maqueda|Madrid | 25-11-2019 - 11:30 UTC

The European Central Bank’s stimulus policy will create significant savings from lower borrowing costs, but the EU wants Madrid to use that money to reduce its debt

ECONOMY

Spanish economy failing to meet growth forecasts

Antonio Maqueda|Madrid | 17-09-2019 - 10:55 UTC

Spaniards are producing and earning less than previously reported, according to a periodic review from the country’s National Statistics Institute

POLITICS

Spain will propose economy minister as new IMF chief if backed by EU

Antonio Maqueda/Lluís Pellicer|Madrid / Brussels | 18-07-2019 - 08:37 UTC

The government is waiting to see what other candidates are put forward before suggesting Nadia Calviño as the successor to Christine Lagarde

ECONOMY

In Spain, wages for unskilled youths now the same as in the late 1990s

Antonio Maqueda|Madrid | 17-07-2019 - 08:37 UTC

The Bank of Spain warns that the young are bearing the brunt of the effects of the 2008 economic crisis

ECONOMY

Bank of Spain improves economic growth outlook for 2019

Antonio Maqueda|Madrid | 10-06-2019 - 06:42 UTC

Strong internal demand pushes forecast up to 2.4%, although supervisor warns about the effects of a wage hike and external factors

ECONOMY

Spanish economy set to keep growing despite global uncertainty

Antonio Maqueda/El País|Madrid | 20-03-2019 - 16:01 UTC

But Bank of Spain warns about spending measures and says the next government to come out of the general election should prepare for a downturn

BUSINESS

Brexit: Spain attracting more British investment, but few companies

Antonio Maqueda|Madrid | 18-02-2019 - 13:38 UTC

Inflows from the UK have grown by 80%, but businesses are choosing to relocate their headquarters elsewhere, in cities such as Frankfurt, Paris, Dublin and Amsterdam

Economy

Spanish economy grew 2.5% in 2018, bucking euro zone trend

Antonio Maqueda/El País|Madrid | 31-01-2019 - 09:10 UTC

The outlook for 2019 is lower because of domestic uncertainties such as the budget impasse

PROPERTY MARKET

IMF tells Spain to keep an eye on rising housing prices

Antonio Maqueda|Madrid | 11-12-2018 - 07:50 UTC

The organization is not seeing signs of a new bubble, but wants tools in place to keep credit in check if necessary

ECONOMY

IMF report calls on Spain to take action against high debt and deficit

Antonio Maqueda/El País|Madrid | 22-11-2018 - 14:12 UTC

Annual study praises the recovery but says much of it is due to cyclical factors, not structural reforms

POLITICS

Spanish PM opens door to 2019 general election if he can’t pass budget

Carlos E. Cué/Antonio Maqueda|Madrid | 20-11-2018 - 14:32 UTC

Pedro Sánchez may abandon his plan to see out the legislature in a minority government, but not everyone in his Socialist Party is in favor of early polls

PERSONAL FINANCE

Mortgage interest rates in Spain no longer among Europe’s cheapest

Antonio Maqueda/El País | 19-11-2018 - 07:32 UTC

Analysts now waiting to see if lenders will raise them further to offset new cost of a controversial tax

THE LEGACY OF THE CRISIS

Is Spain prepared for a new crisis?

Antonio Maqueda|Madrid | 14-09-2018 - 16:23 UTC

A decade after the Spanish property bust, some reforms have been undertaken, but the country is still burdened by excessive debt, labor market duality, lack of competitiveness and high student dropout rates

ECONOMY

Spaniards were not wealthier than Italians in 2017: Eurostat contradicts IMF

Antonio Maqueda|Madrid | 20-06-2018 - 10:23 UTC

European Union’s statistics bureau shows improving figures for the Spanish economy but they are still below the EU average

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