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Tag Results for "Spanish Economy"
Spain’s Unemployment Rate Falls for Third Month in a Row
June 4, 2013 | by HS News Staff | Latino Daily News
The number of registered unemployed people in Spain fell by 98,265, or 1.97 percent, to 4.89 million in May, marking the third straight month of declines, the Employment and Social Security Ministry said Tuesday. continue reading »
Spain Halts Town’s Plan to Grow Pot to Pay Off Debt
June 1, 2013 | by HS News Staff | Latino Daily News
This small farming community in northeastern Spain cannot create a cannabis plantation to help pay off its 1.3 million euro ($1.7 million) municipal debt, a judge ruled Friday. Spain permits private consumption and cultivation of marijuana, which is used for medicinal purposes by some who suffer from chronic pain. continue reading »
Spain Records First Monthly Trade Surplus in History
May 15, 2013 | by HS News Staff | Latino Daily News
Spain achieved in March its first monthly trade surplus since records have been kept, the country's economy minister said Tuesday. At a press conference after the meeting of European Union economy chiefs, Luis de Guindos said that once the calculations are complete, the surplus will come out to more than 600 million euros ($776.5 million). continue reading »
Spain Seized 40,000 Homes in 2012
May 11, 2013 | by HS News Staff | Latino Daily News
Banks seized a total of 39,167 homes in Spain in 2012 as a result of foreclosure proceedings, according to a central bank survey of lenders published Friday. The Banco de España study showed that in 83 percent of the cases the homes were primary dwellings. continue reading »
Spanish Business Leaders to Guide Small Firms Expanding Abroad
May 5, 2013 | by HS News Staff | Latino Daily News
Spain's CEOE business confederation has created a corporation - CEOE Internacional - whose aim is to place at the disposal of small and medium businesses the means to do business abroad, something the organization considers necessary to help overcome the country's economic crisis, officials said. continue reading »
Spanish Economy Causing Less Concern Than a Year Ago, Says Finance Minister
April 21, 2013 | by HS News Staff | Latino Daily News
Spanish Finance Minister Luis de Guindos said Saturday that the Iberian nation's economic situation is less worrisome to the IMF and G20 than it was a year ago. continue reading »
Spanish Group Predicts Job Growth in 2014
April 3, 2013 | by HS News Staff | Latino Daily News
Spain will begin to see job growth in 2014, the leader of the Iberian nation's Business Council for Competitiveness, or CEC, said here Wednesday. continue reading »
Inflation Rate Falls to 2.4 Percent in Spain
March 27, 2013 | by HS News Staff | Latino Daily News
Spain's year-on-year inflation rate fell by four-tenths of a percent to 2.4 percent in March, the National Statistics Institute, or INE, said Wednesday in its preliminary consumer price index for the month. continue reading »
Spain Posts $93 Billion Budget Deficit in 2012
March 27, 2013 | by HS News Staff | Latino Daily News
Spain posted a budget deficit of 6.98 percent of the gross domestic product last year and not the 6.74 percent initially reported by the government, based on new Eurostat accounting standards for tax refunds, Secretary of State for the Budget Marta Fernandez Curras said Wednesday. continue reading »
Economy Minister says Spain to See Renewed Investor Confidence in 2013
March 3, 2013 | by HS News Staff | Latino Daily News
Foreign investors will regain their confidence in Spain this year, while the country's nationalized banks will start repaying the funds they received, Spanish Economy Minister Luis de Guindos said in an interview with Efe. continue reading »
Spain Trims its Budget Deficit by $28.1 Billion
February 20, 2013 | by HS News Staff | Latino Daily News
Spain's budget deficit came in below 7 percent of the gross domestic product last year, while the target agreed to with the European Commission was 6.3 percent, Prime Minister Mariano Rajoy said Wednesday. continue reading »
Bill to Stop Evictions Gets Top Priority in Spain
February 13, 2013 | by HS News Staff | Latino Daily News
Spain's governing conservative Popular Party and main opposition Socialists agreed Wednesday to expedite a citizens' bill that would halt evictions of homeowners who are behind on their mortgage payments. continue reading »
Spain’s Iberia Airlines to Cut Nearly 4,000 Jobs, Loses $1.14 Billion Over 4 Years
February 12, 2013 | by HS News Staff | Latino Daily News
Spain's Iberia airlines said Tuesday it planned to eliminate 3,807 jobs, or 19 percent of its workforce, and urged labor unions to call off planned strikes. 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 »
PM Rajoy Expresses Optimism About Spanish Economy During Trip to Chile
January 26, 2013 | by HS News Staff | Latino Daily News
Spanish Prime Minister Mariano Rajoy was warmly praised here Friday by Chilean President Sebastian Piñera in a visit that gave the Spaniard the chance to offer a message of optimism about his nation's economy. 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’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 »
Number of Foreigners in Spain Drops for First Time in 15 Years
January 16, 2013 | by HS News Staff | Latino Daily News
The number of foreigners registered in Spain at the beginning of January 2012 fell for the first time in the last 15 years, official figures released Wednesday show. 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 Retailer Mango Closing Its Last Store in Brazil
January 15, 2013 | by HS News Staff | Latino Daily News
The closure of the last store operated by the Spanish fashion firm Mango in Brazil, scheduled for next week, is a "fact," continue reading »
