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April 27th, 2012

The price of petrol has dropped 1.6% this week and recorded its first decline after fourteen consecutive weeks of increases, nine of which were recorded as historic highs, according to the European Union Oil Bulletin. Specifically, a litre of petrol stood at 1.473 euros this week, but this is still 13% ...

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April 26th, 2012

In the first three months of the year Spain received a total of 9.18 million international tourists, representing a 2.6% increase over the same period in 2011, according to the Survey of Tourist Border Movements, Frontur, which has been released by the Spanish Ministry of Industry, Energy and Tourism. The Department, ...

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April 25th, 2012

The Council of Ministers approved, by means of a Royal Decree Law, a raft of urgent measures to guarantee the sustainability of the National Health System and improve the quality and security of its services. The measures will result in savings exceeding 7 billion euros in healthcare expenditure. The Minister for ...

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April 19th, 2012

The number of passengers opting to travel by plane within Spain in February fell by 12.2% compared with the same month of 2011, while the number opting to travel by train grew by 2.5%, according to the latest figures from the National Statistics Institute. Bus journeys also experienced an increase ...

Continue reading Spain Sees Rise in Rail Travel

April 18th, 2012

Vueling transported 2.57 million passengers in the first three months of the year, which is an increase of 24.1% over the same period in 2011, with a load factor of 76.4% of total capacity, representing an increase of 7.3 percentage points, the National Securities Market Commission (CNMV) said in a ...

Continue reading Vueling Carried 24% More Passengers in Q1

April 17th, 2012

Facebook has announced its intention to purchase the photo sharing application Instagram for one billion dollars, about 762 million euros. The transaction is expected to be completed during this quarter and will be paid for in cash and stock. On his profile on the social network, the creator of Facebook, Mark ...

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April 16th, 2012

Used car sales rose 7% in March, accumulating growth of 14.4% between January and March this year. In total, so far this year, 420,302 vehicles have been transferred, according to the Federation of Automotive Dealers (Faconauto). Of this overall total, El Economista reported that 158,450 used cars were traded in March, ...

Continue reading Used Car Sales up 14.4% to March

April 12th, 2012

In Prague last week, German Chancellor Angela Merkel pledged to give unemployed Spanish priority to work in Germany against immigrants from outside the European Union. "If we see we have a need for people in Germany, and in Spain 40% of young people are without work, then we are not ...

Continue reading Merkel Favours Unemployed Spanish Over Non-EUs

April 10th, 2012

A total of 40 people have been killed on the roads, in some 33 fatal accidents registered during the Easter break (Semana Santa), which began last Friday, 30th March, and concluded on Monday, 9th April, reported a spokesman for the Directorate General of Traffic (DGT). ABC News reported that on Sunday, ...

Continue reading Spain Sees Forty Road Deaths Over Easter

April 6th, 2012

Unemployment in the eurozone stood at 10.8% in February, a record level that exceeded the January figure by one-tenth and contrasts with the 10% registered a year ago. Spain is once again the country with the worst employment figures across the region, with its unemployment rate rising to 23.6%, three-tenths ...

Continue reading Eurozone Unemployment Figures Marks New Record