|  NEWS

Markets

Over 7.7m international travellers visit Spain in May

Spain welcomed more than 7.7 million overseas visitors in May, 87% of the pre-pandemic May 2019 figure, according to Turespaña statistics.

Markets

Spain’s core inflation at highest in 27 years

National consumer prices in Spain increased 8.7% year-on-year last month, a rise from 8.3% in April, as core inflation reached its highest level since 1995, according to official data.

Markets

€12.25bn allocated to Spain’s microchip industry

The government has approved plans for €12.25 billion in funding for the semiconductor and microchip industry by 2027, according to Spain’s Economy Minister, Nadia Calvino, with €9.3 billion to fund the construction of plants.

Markets

Over 7.7m international travellers visit Spain in May

Spain welcomed more than 7.7 million overseas visitors in May, 87% of the pre-pandemic May 2019 figure, according to Turespaña statistics.

Markets

Spain’s core inflation at highest in 27 years

National consumer prices in Spain increased 8.7% year-on-year last month, a rise from 8.3% in April, as core inflation reached its highest level since 1995, according to official data.

Markets

€12.25bn allocated to Spain’s microchip industry

The government has approved plans for €12.25 billion in funding for the semiconductor and microchip industry by 2027, according to Spain’s Economy Minister, Nadia Calvino, with €9.3 billion to fund the construction of plants.

Markets

Holidaymaker numbers to Spain hit 9.7m in Q1

The number of tourist arrivals to Spain hit 9.7 million in the first quarter of this year, 1.2 million more than the same three months last year

Markets

Bank of Spain warns of hit to economy from Ukraine war

The war in Ukraine and ensuing acceleration of inflation may have a considerable indirect impact on Spain’s economy and banks, according to the Bank of Spain, despite limited direct exposure.

Markets

Foreign residents in Spain exceed 6m

The number of foreign residents in Spain has risen by around a million over the past five years, to surpass a record 6 million by the end of 2021, as per new ministry data. 

Markets

2021 budget deficit narrows more than forecast

The budget deficit in Spain reduced to 6.76% of GDP in 2021, from over 10% the year before, surpassing forecasts from the government and global organisations, which predict a further decline in 2022, despite the challenges.

Markets

Thousands protest across Spain at soaring prices

Thousands took to the streets across Spain over the weekend to protest over skyrocketing costs of food, electricity and fuel, which have worsened since Russia invaded Ukraine.

Markets

Spain calls for EU funding for green gas interconnections with Europe

Spain’s Prime Minister Pedro Sánchez has called for European Union funding for gas interconnections with the rest of Europe, stating new infrastructure should also comprise green gases, El Diario reports.

Markets

Inflation in Spain reaches three-decade high

Consumer prices in Spain increased in February, surpassing all forecasts, to hit a 30-year high of 7.4% year-on-year.

Markets

Minimum wage in Spain increases to €1,167/month

Spain’s national minimum wage is to be increased by 3.6% to €1,167 per month, as announced by Labour Minister Yolanda Díaz

Markets

Over 7.7m international travellers visit Spain in May

Spain welcomed more than 7.7 million overseas visitors in May, 87% of the pre-pandemic May 2019 figure, according to Turespaña statistics.

Markets

Spain’s core inflation at highest in 27 years

National consumer prices in Spain increased 8.7% year-on-year last month, a rise from 8.3% in April, as core inflation reached its highest level since 1995, according to official data.

Markets

€12.25bn allocated to Spain’s microchip industry

The government has approved plans for €12.25 billion in funding for the semiconductor and microchip industry by 2027, according to Spain’s Economy Minister, Nadia Calvino, with €9.3 billion to fund the construction of plants.

Markets

Holidaymaker numbers to Spain hit 9.7m in Q1

The number of tourist arrivals to Spain hit 9.7 million in the first quarter of this year, 1.2 million more than the same three months last year

Markets

Bank of Spain warns of hit to economy from Ukraine war

The war in Ukraine and ensuing acceleration of inflation may have a considerable indirect impact on Spain’s economy and banks, according to the Bank of Spain, despite limited direct exposure.

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