In Spain

Strong fall in Spanish inflation

Strong Fall In Spanish Inflation

Inflation fell six decimal points in November to 1.7%, the lowest in seven months in Spain. Within the deflationary evolution, almost general across components, energy process (electricity and oil) stand out. Analysts at Bankia Estudios predict a further fall for next year: It will recover in the first months of 2019 to around 2% and close the year at 1.5%.

Spain's minimum wage debate, some objections

Spain’s Minimum Wage Debate, Some Objections

The times of wage containment are beginning to be left behind in Spain. The ILO and the OECD themselves favoured an increase in the minimum wage, basing itself on the slight improvement in productivity over the last two years, but the first question is whether the proposed increase in the minimum wage is possible.

The geographical diversification of Spanish exporters: some yes, others no

The Geographical Diversification Of Spanish Exporters: Some Yes, Others No

Despite the slowdown in Spain’s exports, the number of national companies starting to export and of regular exporters which have been exporting for four years in a row are rising. How strong these exporters are is the question that CaixaBank Research answer analysing the geographical diversity of the destinations to which they export.

Spain's technology deficit could reach €21.078 billion

Spain’s Technology Deficit Could Reach €21.078 Billion

The Spanish economy invested a total of €14.052 billion in research and development (R&D) in 2017, the equivalent of 1.2% of the GDP, according to Spain’s National Statistics Institute. Although this percentage is 6% higher than the previous year, “Spain would take 180 years to reach the 3% target set by the European Commission’s Europe 2020 strategy,” says Xavier Ferràs, Associate Professor in the Department of Operations, Innovation and Data Sciences at ESADE.

The metamorphosis of Spanish banks: from a cosy club to tough competition

The Metamorphosis Of Spanish Banks: From A Cosy Club To Tough Competition

William Chislett | In the Franco regime and well into the 1980s, the lion’s share of Spanish banking business in a strongly protected and highly profitable market was in the hands of the so-called Big Seven and those banks, affiliated to or associated with them. The Big Seven have morphed over the past 30 years into the Big Two, as a result of a wave of mergers, after Spain joined the European Economic Community (EEC) in 1986.

House sales in Spain reach maximums in a decade

House Sales In Spain Reach Maximums In A Decade

The housing market continues to show an intense dynamic. Sales increased 9.7% in September, and drives an accumulated figure of 395,534 operations in the year so far, the largest volume in this period since 2008. Although the vigour is seen in all segments, sales of new houses stand, up 11.5% up to Q318.

Xi Jinping arrives in Spain with "major investment projects" and "important trade agreements" under his arm

Xi Jinping Arrives In Spain With “Major Investment Projects And Trade Agreements” Under His Arm

From today until Thursday the President of China, Xi Jinping, is on an official visit to Spain. It is the first visit to Spain by a President of China for 13 years. According to the Ministry of Foreign Affairs, both countries will seek to advance the bilateral relationship in multiple areas, from bilateral political relations, geopolitics, economics and the educational-linguistic area to science, among others.

Forty years of democratic Spain: Haves and have-nots of labour market

Forty Years Of Democratic Spain: Haves And Have-Nots Of Labour Market

William Chislett | Spain has moved from a labour market characterised during the Franco regime by heavy state intervention, no free trade unions, the prohibition of strikes and lock-outs, a low female participation rate and paternalistic legislation to one that is flexible, but marked by consistently high unemployment.