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Vodafone Orange

Spanish economy 3rd February 2021

Vodafone And Orange Studying The Creation Of A Joint Infrastructure Firm In Spain

Bankinter | The Vodafone and Orange alliance aims to gain size to become an alternative to the big players in the sector, Cellnex and American Tower. The latter recently landed in Europe after the purchase of Telefónica’s towers. The sum of the towers that both groups would contribute to the new “infraco” would be 17,000 sites. It would become the leader in the Spanish market, surpassing Telxius (10,000 towers) and Cellnex (9,000).

coronavirus susto

European economy 25th January 2021

Third Wave Of Coronavirus Jeopardises European Growth Prospects

The unstoppable spread of the pandemic is currently hitting Portugal and Spain with particular severity. And it has been worsened with possible delays in the production of vaccines, both by Pfizer and Astrazeneca, thus jeopardizing the pace of deliveries and the vaccination schedule in Europe. At the same time, the short term is being complicated on the continent by the increase in the number and depth of restrictions. These are weakening the prospects for recovery in the first part of the year.

Green economy

I.R. Spain, Spanish economy 26th November 2020


Sustainable Investment Amounts To 285,454 Million Euros in Spain

Fernando Rodriguez | Sustainable investment in Spain amounted to 285,454 million euros in 2019, up 36% on the previous year, according to ‘Spainsif 2020 Study: Sustainable and Responsible Investment in Spain’. The study was prepared with the answers to a questionnaire provided by 76% of Spanish investment companies and 43% of international ones operating in Spain. 72.8% of the total figure – €207,571 million- is managed by Spanish companies, up 9% on the previous year.

tokyo stock exchange 1

Spanish economy 11th November 2020

Japanese Investors Were Net Buyers Of Spanish Bonds In September

Bonds from the European Union have become popular among Japanese investors. Already in July, Japanese funds bought record amount of Italian debt. However in September, they purchased a net 235 billion yen ($2.15 billion) of Spanish bonds, while selling a net 127.7 billion yen of Italian paper during the month, the data from Japan’s Ministry of Finance showed.

Spain ratings

Spanish economy 27th October 2020

Spain: Expecting The Unexpected

Economists are getting used to expecting the unexpected. The unprecedented fall in Spain’s GDP—seen during the first half of the year—was followed by one of the highest growth rates ever recorded. In the third quarter of the year, quarterly GDP growth was around 14%. The unusual extent of the growth seen during the recovery is mirrored by the atypical way in which it has taken shape. Growth is expected to return to more ‘normal’ levels in the fourth quarter, i.e. about 2%. While this rate is high in comparison with any quarter in Spain’s recent history, it indicates a sharp slowdown.

Spain property

Spanish economy 19th October 2020

The Impact Of The COVID-19 Crisis Begins To Be Felt In Spain Housing Prices

Indicators for the real estate market show a significant recovery in activity in the sector, following the standstill during the state of alarm. On the demand side, home sales recovered well in July and increased by 20% month-on-month, although in cumulative terms for the year to date there is still a year-on-year decline of 25.8%. On the supply side, the construction sector has also quickly restarted its activity. In August, cement consumption was only 2.1% below the level of August last year, with a notable recovery from the 50% fall registered in April.

Nadia proud spain

Spanish economy 14th September 2020

Brief Chronicle Of Spain: A Bad Summer. A Worse Autumn?

Joan Tapia (Barcelona) | The figures of the Spanish economy were terrible in the second quarter. GDP plummeted by an outrageous 18.5% compared to the previous quarter, while the GDP of the euro area, despite suffering the biggest fall since reliable statistics have been available, fell considerably less, by 11.8%. And the loss of jobs in the same period was 7.5% in Spain compared to 2.9% in Europe.

Over 90% of foreign companies in Spain expect to increase or maintain their investment in 2020

Spanish economy 11th September 2020

Spain’s Foreign Trade Is Holding Out

Luis Alcaide | New outbreaks of coronavirus in the Altlantic area are dampening the optimism aroused by the second-quarter foreign trade figures. World trade, according to Dutch analyst Cpb, grew in volume by 7.6% in June compared to May, the largest increase since January 2000. Industrial production, also according to Cpb, increased by 4.8% between May and June after four months of decline.
Telefonica 5G networks

Spanish economy 3rd September 2020

Telefónica To Extend The 5G Network To 75% Of The Population This Year

As of today, Telefónica’s 5G network is available in all the autonomous communities, with outstanding hyperconnectivity in European terms as a result of its combination with fibre optics. According to Telefónica chairman José María Álvarez-Pallete “5G will bring huge benefits for Spain. This is a golden opportunity for our country to lead the Fourth Industrial Revolution”. This move will enable 75% of the Spanish population to obtain access to this new technology by the end of the year.