Spain

Spain Catalonia

The Talks On Catalonia’s Future Will Neither Fly Nor Sink

J.P. Marín Arrese | Both parties at the negotiation table are fully aware the bilateral talks will lead nowhere. Madrid cannot concede self-rule to Catalonia. Its independentist counterpart won’t accept anything short of that. Thus, discussions will become bogged in shallow waters, unable to provide the slightest chance to float. Yet, they will neither collapse nor sink, as long as the pragmatic ERC Party holds the line.

Bankia earnings 23% down in 2019

Bankia Earnings 23% Down In 2019

Bankia’s results were much better than market expectations, however, there are some uncertainties about its share price. The bank has achieved a profit of € 542 million, 23% less, with experts expecting a greater adjustment due to the bank’s efforts to get rid of unproductive assets.


Spanish foreign tourism hits new record with 83.7 M visitors in 2019 and a spending rising 2.8%

Spanish Foreign Tourism Hits New Record With 83.7 M Visitors In 2019 And A Spending Rising 2.8%

Bankinter | According to INE (Spanish Statistical Office) 83.7 million foreign tourists visited Spain last year, an increase of 1.1% over 2018. Their spending also broke a record, rising 2.8% to €92.278 million. Among the main tourist destinations, the ones that did well were Madrid +7,0%, the Autonomous region of Valencia +3,9% and Andalusia +3,4% and the ones that didn’t were The Canary Islands -4,4% and the Balearic Islands -1,2%.


paro empleo

End Of Cycle For Employment In Spain?

Unemployment rose in January by 90,248 people and the Social Security system lost 244,044 members, the worst figure since 2013, when Spain was trying to emerge from the crisis. All the Autonomous Communities, except for the Balearic Islands, have seen the unemployment rate rise in all sectors except construction, so some Autonomous Communities already have more unemployed than in 2019.




Unidas Podemos: nepotism, communism and “good governance”

Unidas Podemos: Nepotism, Communism And “Good Governance”

Before it has a president -Pedro Sánchez- Spain has known the names of half of its future cabinet members, the ones appointed by Pablo Iglesias, leader of Unidas Podemos and future vice-president of the PSOE-UP Coalition Government, who, to stress his independence and loyalty to PSOE and President Sánchez, has announced the names of the four ministers (cabinet members) that he, and not Sánchez, has chosen. A good start.


Pedro Sánchez falls short of majority but will likely prevail tuesday

Pedro Sánchez Falls Short of Majority, But Will Likely Prevail Tuesday

Atlantic Sentinel | Left-wing separatists would allow the social democrat to become prime minister a second time. Spanish Socialist Party leader Pedro Sánchez fell short of a absolute majority in Congress on Sunday to become prime minister a second time. However, left-wing separatists from the Basque Country and Catalonia have agreed to abstain from a second vote on Tuesday, which should allow Sánchez to scrape by with a majority of one.


bank spain

Economy At A Glance: The Bank Of Spain Forecasts

Círculo de Empresarios | The Bank of Spain forecasts that the Spanish economy will embark on a gradual path of deceleration until 2022, and therefore maintains its 2% and 1.7% annual growth forecasts for 2019 and 2020, respectively.