Is Spain prepared for a new crisis?
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
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
European Union’s statistics bureau shows improving figures for the Spanish economy but they are still below the EU average
New Bank of Spain report says sales of goods to UK fell last year ahead of Britain’s exit from EU
Country is taking longer to close gap between the rich and poor than in other post-recession periods
For the first time, stats show Spain has a higher GDP (PPP) per capita, but Eurostat data says otherwise
Retirees in the 66-75 age bracket earn more than the average Spaniard thanks to steady pensions
Ex-deputy premier Oriol Junqueras and aides pledge to abide by Article 155 of Constitution despite opposing it politically
Madrid also criticized for failure of poverty-reduction measures and elevated school drop-out rate
New report considers impact of uncertainty on consumption, investment, employment and financing
Catalan government report plays with the numbers to paint a rosy picture of secession’s financial costs
An analysis of the figures does reveal, however, that the region is slightly underfunded compared to the national average
Hotel sector calls for regulation of online accommodation platforms such as Airbnb
The jobless rate drops to 17.2%, nearly three percentage points lower than a year ago
But tax data from 2015 also highlights unequal nature of country’s economic recovery
Figures from 2015 highlight serious breach between public sector and private sector wages
European Commission notes that Madrid must continue to enforce strict fiscal policy after 2018
EU tells Madrid policies to encourage firms’ international expansion break competition rules
Spanish government agencies spent 1.9% of GDP in 2016 compared to 5.1% in 2009
New survey using 2015 data shows average household income grew 2.4% to €26,730 from previous year
Government has handed out 27,301 residency permits in program designed to attract wealthy foreigners
Bailout fund manager says euro zone can work well if debt levels are kept low
World body warns the country is among EU’s worst offenders in terms of income inequality
Output has recovered 80% of what it lost during economic crisis but GDP make-up has changed since 2008
But the poorest 25% of households have fallen into debt, according to new Bank of Spain report
Seniors were only group to see income rise from 2011 to 2014, new study reveals
Jump caused by spike in oil prices raises concerns about Spain’s ability to stay competitive
But budget restrictions will see assistance limited to a pilot program for workers under 30