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Tag Results for "Eurocrisis"
Spanish Economy Contracted by .80%, Fourth Quarter 2012
February 28, 2013 | by HS News Staff | Latino Daily News
The Spanish economy continues to struggle with current reports it contracted by .80 percent in the fourth quarter of 2012 mainly due to poor consumer spending in light of high unemployment continue reading »
Spain’s Housing Market Continues Its Slide, Home Sale Fell 11.3% in 2012
February 11, 2013 | by HS News Staff | Latino Daily News
Home sales in Spain fell 11.3 percent last year after a 17.7 percent decline in 2011, the National Statistics Institute, or INE, said Monday. continue reading »
Spain’s Economy Contract 1.3%, Unemployment Hovers Around 26%
January 23, 2013 | by HS News Staff | Latino Daily News
The Spanish economy contracted 1.3 percent in 2012, with the recession intensifying in the last quarter of the year and the gross domestic product falling 0.60 percent, compared to the previous quarter, while the unemployment rate neared 26 percent, the Bank of Spain said Wednesday. continue reading »
Spain Did Not Meet 2012 Deficit Goals EC Assumes
January 22, 2013 | by HS News Staff | Latino Daily News
The European Commission said in a report issued Tuesday that it was assuming that Spain did not achieve the goal of reducing its public-sector deficit to less than 6.3 percent of the gross domestic product in 2012. continue reading »
Spain’s Largest Banks Hit Record High for Bad Loans
January 18, 2013 | by HS News Staff | Latino Daily News
The proportion of non-performing loans held by Spain's large banks, regional savings banks, or "cajas," and other lending institutions hit a new record high of 11.38 percent in November. continue reading »
Prime Minister Rajoy: Spain Will Start to See a Recovery this Year
January 16, 2013 | by HS News Staff | Latino Daily News
Prime Minister Mariano Rajoy said in an interview with the Financial Times that the economic recovery will be felt in Spain this year, when the reforms implemented by his government will start "to bear fruit." continue reading »
Spanish Government Looks for Cost-Cutting in Its Diplomatic Offices
January 14, 2013 | by HS News Staff | Latino Daily News
Spain's foreign minister said Monday that he is open to sharing diplomatic, trade and cultural offices abroad with Latin American countries under certain circumstances. continue reading »
New House Prices in Spain Down 33.5% Since 2007
January 2, 2013 | by HS News Staff | Latino Daily News
Prices of new Spanish houses fell another 6.9 percent in 2012 and have now plunged by more than a third since their peak in 2007, an appraisers' association said Wednesday. continue reading »
Expert: Spain Has ‘Very Solid’ and ‘Respected’ Image Abroad
December 17, 2012 | by HS News Staff | Latino Daily News
Spain's image abroad is "very solid" and "respected," with the negative effects of the economic crisis being just a temporary factor that will not affect the country's permanent value, Brand Spain High Commissioner Carlos Espinosa de los Monteros said. continue reading »
Spain Unemployment Rate Hits High of 26.2 Percent
December 4, 2012 | by HS News Staff | Latino Daily News
The number of people officially registered as jobless in Spain climbed by 74,296, or 1.54 percent, in November to 4,907,817, according to figures released Tuesday by the Spanish Employment and Social Security Ministry. continue reading »
Massive Protesting in Spain Over Privatization of Hospitals
December 3, 2012 | by Estelle Gonzales Walgreen | Latino Daily News
Thousands of citizens and health professionals took to the streets of the Spanish capital on Sunday to protest plans by the Madrid regional government to outsource management and some services provided by public hospitals. continue reading »
Spain Economic Minister: Economic Reforms Producing “Positive Signs”
November 13, 2012 | by HS News Staff | Latino Daily News
Spain's efforts to trim its budget deficit and put its financial house in order are producing "positive signs," the Iberian nation's economy minister said here Monday in an appearance before the European Parliament. continue reading »
Obesity Rates Soars Amongst Spanish Women Due to Economic Woes
November 12, 2012 | by HS News Staff | Latino Daily News
The rise in female unemployment and the consumption of cheaper and less nutritious food products to adjust household expenditures to reduced incomes are some of the factors responsible for the recent increase in obesity among women in Spain. continue reading »
Spain’s Iberia In Effort to Survive Economic Downturn Cuts 25% of Its Workforce
November 9, 2012 | by HS News Staff | Latino Daily News
Spain's Iberia will shed 4,500 jobs, nearly a quarter of its 20,000-strong workforce, as part of a series of permanent structural changes to salvage the airline, its parent company said Friday. continue reading »
Tourists in Spain Spending More this Year
October 29, 2012 | by HS News Staff | Latino Daily News
Foreign tourists visiting Spain between January and September spent 45.1 billion euros ($58.2 billion), some 7.2 percent more than in the same period of 2011, the Industry, Energy and Tourism Ministry said Monday. continue reading »
Spaniards Protest Across 50 Cities Against Social Program Cutbacks
October 8, 2012 | by HS News Staff | Latino Daily News
Thousands of people took to the streets in more than 50 Spanish cities on Sunday on the urging of the Cumbre Social, which groups more than 150 organization, among them the country's main unions, the CCO and UGT, continue reading »
Spanish Economy Grew by Only .04% Less than Initial Estimates
August 28, 2012 | by HS News Staff | Latino Daily News
The Spanish economy grew by 0.4 percent last year, less than the initial estimate of 0.7 percent, the National Statistics Institute, or INE, said Monday. continue reading »
