Archives for February 2012
February 29th, 2012
94% of Spanish family businesses believe that their sales figures will improve in 2012 or at least be the same as last year, according to the first 'Big Spanish Family Business Barometer 2011' conducted by the IE Business School and Signum International. The report reveals that most family businesses questioned recognised ...
Continue reading 94% of Spanish Family Businesses Optimistic for 2012
February 28th, 2012
Spanish Prime Minister, Mariano Rajoy, announced that the State Budget to be presented by the Government on 30 March "will be realistic and contain a sensible and reasonable revenue forecast". Furthermore, he reiterated that Spain will meet its deficit targets and that he has no intention of raising taxes. Mariano Rajoy ...
Continue reading Brussels Growth Forecast for Spain as Expected, Says Rajoy
February 27th, 2012
Orange España registered a turnover of 3,993 million euros in 2011, which represents a 4.5% increase over the previous year, and an improvement of 9.8% in its gross operating profit (EBITDA) reaching 839 million euros. As for commercial activity, the company closed the year with 13.7 million customers. In the mobile ...
Continue reading Orange España Reveals Results for 2011
February 24th, 2012
Petrol and diesel prices have maintained their climb this week marking two separate record highs, according to the EU Oil Bulletin. Specifically, a litre of petrol rose above 1.4 euros for the first time and marked a second consecutive week at a record 1.415 euros, after prices increased by ...
Continue reading Fuel Prices Mark Historic Highs
February 23rd, 2012
According to the Survey of Tourist Movements (Frontur) released on Wednesday by the Ministry of Industry, Energy and Tourism, Spain received a total of 2.77 million international tourists in January, which represents a 4.6% increase over the same month of 2011. The main source markets experiencing good results remained the ...
Continue reading Spain Received 4.6% More Foreign Tourists in January
February 22nd, 2012
According to a survey carried out by the human resources company, Randstad, after the Government announced the proposed the labour reform, 84% of Spanish do not believe that more jobs will be created this year or that the unemployment rate will lower. Given the unfavourable forecasts of official institutions and ...
Continue reading Eight in Ten Spanish Don’t Think Unemployment Will Fall This Year
February 21st, 2012
The total balance of mortgage loans from financial institutions stood at 1,009 billion euros at the close of 2011, representing a slump of 6% over the previous year, and the biggest drop in recorded history. These figures come from the latest data published by the Spanish Mortgage Association (AHE), which ...
Continue reading Mortgage Loans Suffered Biggest Recorded Drop in 2011
February 20th, 2012
Two Spanish cities, Barcelona at No. 11 and Madrid at No. 16, have been included in the list of the 20 best cities in the world for students, in a new ranking released at the weekend by QS, a company specialising in research and rankings of universities worldwide. Among the ...
Continue reading Barcelona and Madrid Among 20 Best Student Cities
February 17th, 2012
The Spanish football team, champions of Europe and the world, retains their position as strong leaders in the FIFA World Ranking, in which Germany placed second, bumping the Netherlands into third position, ahead of Uruguay and England, completing the Top 5. The ranking recorded major changes in its top positions, as ...
Continue reading Spain Remains Top in the FIFA Ranking
February 16th, 2012
The year-on-year inflation comparisons began 2012 by falling four-tenths in January, and stood at 2%, the lowest rate since August 2010, according to the Consumer Price Index released yesterday by the National Statistics Institute. In January, the monthly variation in the overall CPI was a drop of 1.1%, due to ...
Continue reading Inflation at Lowest Level in 17 Months
