Social Security Enrollment In Spain Increases 0.8% in Second Quarter
According to the estimates of BBVA Research, social security enrollment increased 0.8% in second quarter , and unemployment reduced 1.6%.
Spanish economy
Is Spain Better Than Italy?
Now “the waters appear to have calmed” in Italy, analysts at Intermoney, however, believe we will see more episodes of tension originating in Italy. The key moment is likely to come at the end of the summer or in the autumn. This situation should be seen as a scenario for tension rather than rupture, although contagion to other peripheral economies could be possible.
Housing In Spain: An Unbalanced Market, But Not A Bubble
Raimundo Poveda | Strong increases in Madrid, Barcelona and other cities (of the order of 7% in prices and apparently more in rents) coincide with stagnation in the rest of the country, and even falls in five autonomous communities. Also, the 45,000 transactions per month last year still pale in to the 75,000 per month of 2004-2007. It makes no sense to talk about a bubble.
Spanish Population Increased By Immigration In 2017 And 2016
Bankia Estudios | For a second successive year, the arrival of immigrants has invigorated the Spanish population, otherwise stuck in organic stagnation. Although the increase is modest, in the end it is hopeful as it means an intensification of the rhythm identified in 2016 (0.2%).
Apprenticeships, A Formula To Be Harnessed
In countries such as Germany and Austria, the unemployment rate has remained relatively low for a long period of time. As noted by CaixaBank Research experts, one of the keys to their success are apprenticeships, or dual vocational education and training. To what extent can this formula be applied to other countries in Europe like Spain?
Spanish Sectors With Greater Export Propensity Have Higher-Quality Jobs
The recovery of the Spanish economy has shown strong growth in more than just GDP. Exports of goods and services have grown considerably from 25.6% of GDP to 34.4% between 2010 and 2017, while employment has also shown notable growth (1.9 million more people in work since Q2 2014). This increase in exports is not only helping to create jobs, but whatsmore, to improve the quality of employment.
Spain Ups Its Global Presence
William Chislett (Elcano Royal Institute) | Spain was ranked 11th out of 110 countries in the 2017 Elcano Global Presence Index, which measures the results of internationalisation, up from 12th in 2016
Spanish Household Debt Continues To Fall: 61% Of GDP (Down 3%)
J. L.M.Campuzano | Spanish household debt continued to reduce in 2017, reaching 61% of GDP (down 3%), according to the Bank of Spain. It has fallen 24% since its máximum level reached in 2010. Company debt at the end of the year amounted to 78% of GDP, with a fall of 5% over 2016. Company debt has fallen 39% since its maximums.
Global Synchronisation Of House Prices: Causes And Consequences
After reaching a low point in 2014, house prices in Spain have now been on the rise for several years. As noted by CaixaBank’s strategists, this notable increase in house prices in major cities, especially if compared with the price trends in other areas, is a common phenomenon in many countries.
The New Spanish Government Holds Win-Win Cards
J.P. Marín Arrese | PM Pedro Sánchez will govern backed by a weak minority party. There will be little respite from either those who voted for him or those who voted against him. No one expects the new Spanish government can deliver any substantive policies. Yet, such an isolated and weak position can also be a valuable asset.