Archives for Spain
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
February 15th, 2012
German Chancellor, Angela Merkel, yesterday applauded the labour reform approved on Friday by the Spanish Government and said it was an example of the measures Europe is implementing to overcome the crisis. On behalf of Merkel, German government spokesman, Steffen Seibert, said in a routine press meeting that the move "shows ...
Continue reading Merkel Welcomes Spanish Labour Reform
February 14th, 2012
Spain’s Finance Minister, Cristobal Montoro, said yesterday that the labour reform approved by the Government will not create jobs by itself and pointed out that, although it is a precondition for this, it is also necessary for credit to flow, so that companies can sell more and recover the domestic ...
Continue reading Spain to Protest Over Labour Reforms
February 13th, 2012
The Spanish are reluctant to change their country in order to work, even though unemployment has reached its historical peak but, according to the findings of a survey released last week by IPSOS, 46% of the respondents said they were open to the option of emigrating in search of a ...
Continue reading 46% of Spanish Willing to Emigrate to Find Work
February 10th, 2012
One in four people in Spain is at risk of poverty or social exclusion. Eurostat, the Statistical Office of the European Union, confirmed yesterday that Spain is the eurozone country which has seen this indicator increase between 2009 and 2010, from 23.4% to 25.5% of the population. This means that ...
Continue reading 1 in 4 at Risk of Poverty
February 9th, 2012
2011 was a bad year for Telefónica’s mobile phone business. Movistar lost 467,300 customers compared to 2010, and decreased its market share by 2.2 points, according to a report by the Telecommunications Market Commission and reported in Diario Sur. This is the fifth consecutive setback suffered by the Spanish multinational. Movistar ...
Continue reading Movistar Loses Half a Million Customers in 2011
February 8th, 2012
The Chairman of Ryanair, Michael O'Leary, announced yesterday, the addition of six new routes from the El Prat airport in Barcelona starting in April this year. These routes, which were previously operated by Spanair, will connect Barcelona with Alicante, Bilbao, Stockholm, Hamburg, Minorca and Munich. The Irish company is also ...
Continue reading Ryanair Announces Six New Routes from Barcelona
February 7th, 2012
According to the Ministry of Employment and Social Security, the number of unemployed registered at the public employment service offices (formerly INEM) at the end of January stood at nearly 4.6 million, after the number of unemployed rose by 177,470 in the month - a 4% increase over December. Specifically, the ...
Continue reading Spanish Unemployment in January
February 6th, 2012
Iberia pilots, who since December have carried out a total of seven days of strikes, decided at the end of last week to continue with the strikes. The pilots will join the demonstrations called for by ground workers and cabin crew and will strike on 13th, 17th, 20th, 24th and ...
Continue reading Iberia Pilots Plan Five More Days of Strikes in February
