|  NEWS

Economy

Spain predicts summer tourist numbers to outdo pre-pandemic levels

Spain forecasts a higher number of tourist arrivals this summer than pre-pandemic levels after international tourist arrivals in April were 1.2% higher than the same month in 2019, according to the country’s tourism minister.

Markets

European Commission hikes Spain’s 2023 growth forecast

The European Commission has increased its forecast for Spain’s economic growth this year to 1.9% from a previous estimate

Economy

Bank of Spain forecasts 2023 growth near 2%

​​​​​​​The Spanish economy is forecast to grow almost 2% this year, surpassing the central bank’s most recent forecast of 1.6%, according to Bank of Spain Chief Economist Angel Gavilan,

Economy

Spain predicts summer tourist numbers to outdo pre-pandemic levels

Spain forecasts a higher number of tourist arrivals this summer than pre-pandemic levels after international tourist arrivals in April were 1.2% higher than the same month in 2019, according to the country’s tourism minister.

Markets

European Commission hikes Spain’s 2023 growth forecast

The European Commission has increased its forecast for Spain’s economic growth this year to 1.9% from a previous estimate

Economy

Bank of Spain forecasts 2023 growth near 2%

​​​​​​​The Spanish economy is forecast to grow almost 2% this year, surpassing the central bank’s most recent forecast of 1.6%, according to Bank of Spain Chief Economist Angel Gavilan,

Economy

Spain's tourism sector to hit record revenue in 2023

Spain's tourism industry is forecast to post record revenue this year for the second consecutive year, despite high inflation, according to the Exceltur tourism association.

Business

Govt. scheme to pay firms to trial 4-day week

Companies in Spain with less than 250 employees can apply for a pilot government scheme to adopt a four-day working week with full pay, it was announced on Thursday.

Politics

Second Deputy PM launches electoral bid

Spain's Second Deputy Prime Minister and Labour Minister, Yolanda Díaz, has launched a bid to become the country's first female PM.

Economy

Spain's banking sector "shown remarkable results"

​​​​​​​Banks in Spain have "strong capital and liquidity positions" and have shown resilience during market tensions, according to central bank governor Pablo Hernández de Cos during an interview published on Tuesday.

Economy

Spain’s EU Council presidency to boost trade policy momentum

Spain assuming the EU Council presidency in July could generate “new momentum” for European Trade Policy, especially in relation to trade agreements with Mexico, Chile and Mercosur.

Business

Deposit rates decline in Spanish banks

Banks in Spain have reduced the amount paid to savers on new household deposits at a time when policymakers at the European Central Bank (ECB) are again preparing to hike rates this month.

Business

Iberdrola forecasts 8-10% net profit rise this year

Spain's biggest utility company Iberdrola forecasts net profit to rise by 8% to 10% this year from 2022, it was announced on Wednesday.

Markets

Spain’s economic growth for 2023 upwardly revised to 1.6%

Spain’s economy will likely grow around 1.6% this year, a 0.3 percentage point increase over the previous forecast.

Economy

Spain predicts summer tourist numbers to outdo pre-pandemic levels

Spain forecasts a higher number of tourist arrivals this summer than pre-pandemic levels after international tourist arrivals in April were 1.2% higher than the same month in 2019, according to the country’s tourism minister.

Markets

European Commission hikes Spain’s 2023 growth forecast

The European Commission has increased its forecast for Spain’s economic growth this year to 1.9% from a previous estimate

Economy

Bank of Spain forecasts 2023 growth near 2%

​​​​​​​The Spanish economy is forecast to grow almost 2% this year, surpassing the central bank’s most recent forecast of 1.6%, according to Bank of Spain Chief Economist Angel Gavilan,

Economy

Spain's tourism sector to hit record revenue in 2023

Spain's tourism industry is forecast to post record revenue this year for the second consecutive year, despite high inflation, according to the Exceltur tourism association.

Business

Govt. scheme to pay firms to trial 4-day week

Companies in Spain with less than 250 employees can apply for a pilot government scheme to adopt a four-day working week with full pay, it was announced on Thursday.

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