The First Flat To Be Sold In Bitcoins In Spain
We have read that in Tarragona, a province in Catalonia, a flat has been sold for 40000 bitcoins, because that’s what the owner wanted.
Spanish economy
Spanish Companies: From Autarchy To Overseas Expansion
Spanish companies without any subsidies or bailouts have turned themselves around and transformed the former autarchy into a country decidely open to the overseas market.
Spain Ends 2017 With The Largest Job Creation Figures Since 2005
Spain ended 2017 with 611.146 more people in a job, a notable improvement on the results of the previous four years. The number of people signed on with the Social Security rose 3.4% to 18.460.201 from a year earlier.
The Socimi Hispania becomes the biggest hotel owner in Spain
Hispania has become the sole owner of Bay Hotels & Leisure by acquiring Grupo Barceló’s 19.5% of the company for an agreed price of 172,4 million euros, according to a statement filed by the socimi with the Spanish stock market regulator. Hispania is now the largest hotel owner in Spain.
Spain likely to have received 81.5M foreign tourists by end-2017
Spain’s tourism industry has clocked up a new record. Funcas estimates that by year-end 81.5 million tourists will have visited the country, up 8.2% on 2016. Tourist spending will be around 87 billion euros, up 12% from a year earlier.
The Castor Project; Spaniards Are Paying For The Failure Of This Gas Storage Installation
The Constitutional Court has declared null and void the agreement reached by the Spanish government in 2014 to resolve the problem of the Castor gas storage warehouse, the biggest in Spain, and the subsequent controversial €1.350 billion compensation given to the concessionary firm Escal (in which ACS has 66%). The ruling also says the compensation system set up allowing Enagás to charge consumers for the cost of Castor via their gas bill is illegal.
Spain Exports Compensate For Political Uncertainty; Grows 0.8% In Q4’17
The stability in Spain’s growth in the fourth quarter compared with the third is the result of two forces pulling in opposite directions: the strength of the export markets has offset the adverse effect of increased political uncertainty in Catalonia.
Spain Minimum Wage Will Rise Up Until 2020 But Won’t Meet Social Targets
After the trade unions and employers have reached an agreement this week, the minimum wage in Spain will rise 4% to 736 euros, paid 14 times a year. This is 29 euros more per month than the current amount.
October marks a new low level of NPLs in Spain
Spanish banks NPLs ratio fell to 8.22% in October, over one percentage point lower than a year earlier. Recently published figures from the Bank of Spain show that the pace of the decline in NPLs accelerated in October, registering an anual 12.52% drop (-11.64% in September).
Spanish Electricity Surplus Reaches €421,4 M in 2016
In 2016, the electricity system registered a surplus of 421,45 million euros, according to the final figure for the year released by The National Commission on Markets and Competition (CNMC in Spanish).