Spanish public administration debt fell by €12.7 billion in July to €1.040 trillion
Deutsche AWM | Capital is moving beyond Madrid and Barcelona. Yields continue to fall and are now close to historical lows. Positive yield impact is to have run its course mostly by end-2016.
Spain’s annual GDP growth accelerates to 3.1% thanks to consumption uptick.
Spain’s international tourist arrivals data continues to beat records, with 38 million visitors in the January-July period.
Spain’s exports continue to rise and over the last five months have produced a welcome shift in the country’s trade balance.
La Caixa Research | Although the trend of permanent contracts over the last year makes Spain’s labour situation look more promising, it is vital to continue working to ensure new jobs are created on a solid basis.
The Corner | July 23, 2015 | The Spanish economy grew by 0.9% q/q in Q1 15. Q2 data suggest that activity accelerated to 1.1% q/q, taking full-year 2015 growth to 3.3%, on Barclays estimates. “We think that the risks to the Spanish growth outlook are balanced, especially as the likelihood of Grexit has dropped,” the bank analysts commented on their July economic bulletin.
The Corner | July 23, 2015 | Spain unemployment fell by 295,600 people, or 5.4 % in Q2 from Q1. It is the second major Q2 drop since at least 2008, according to the Active Population Survey.
BRUSSELS | June 26, 2015 | By Jacobo de Regoyos | Along with other EU state members, Spain called for a eurozone-level budget for emergency rescues, and issue debt in the form of eurobonds. Álvaro Nadal, Director of the Economic Affairs Office of the Spanish Prime Minister explained it for The Corner. This is the first part of the interview.
MADRID | June 10, 2015 | By Fernando G. Urbaneja | Spanish unions and employers’ organisations signed a two-year-agreement this week to raise salaries, the first hike in three years. Both parties had been debating for months while the government, distant yet vigilant, recommended a raise combining purchasing power with productivity.