February 4th, 2011
Spain’s economy gathered strength in the fourth quarter with gross domestic product increasing 0.2 percent on the third quarter and 0.6 percent from a year earlier, the Madrid-based Bank of Spain said today in its monthly bulletin. The National Statistics Institute, which said the economy stagnated in the third quarter, publishes ...
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February 2nd, 2011
BBVA, the second largest bank in Spain, has announced a 9.4% yearly rise in net profits to 4.6 billion euros. While BBVA does have some exposure to real estate sector loans on its books, it says it now has "limited exposure to developers".
December 31st, 2010
Prime Minister Jose Luis Rodriguez Zapatero has looked ahead to 2011 and expressed cautious optimism toward his country's performance during the year. Despite a number of stock market scares and a high unemployment rate, 2010 has seen Spain ride out the worst of the economic crisis
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December 30th, 2010
Spain’s Treasury expects to sell a net 47.2 billion euros of debt in 2011, 24 percent less than 2010, the Economy Ministry said. Cost-cutting by the Spanish government meant it sold 62.1 billion euros in 2010, 19 percent less than it originally planned, the ministry
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December 9th, 2010
In the Programme for International Student Assessment (PISA) survey on literacy amongst 15-year-olds and proficiency in science and maths, Spain has improved on its 2006 results. According to data published today by the Paris-based Organisation for Economic Co-operation and
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December 7th, 2010
Ryanair announced yesterday it will open three new bases in the Canary Islands next year as part of the LCC’s Spain expansion plan, bringing the number of bases in the country to 11. It opened two new bases in Spain last month, in Valencia and Seville, following a new base ...
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November 10th, 2010
Marbella has recorded nearly 1,000,000 overnight stays during the months of July, August and September in 2010. 400,000 overnight stays were from domestic tourists and 573,000 from foreign visitors, representing a 2.44% increase compared to 2009 figures.
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November 5th, 2010
Spain’s economy remained stationary in the third quarter, the Bank of Spain estimated, as the deepest austerity measures in three decades undermined the recovery. Gross domestic product was unchanged from the previous three
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October 14th, 2010
Spanish is the third most-used language on the Internet, after English and Chinese, according to a report published here on Monday by Fundacion Telefonica, an institution created by Spain’s Grupo Telefonica. The document, entitled “Spanish on the Web,” is the result
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September 17th, 2010
The cost of labour per worker per month in Spain amounted to around 2,600 euros between April and June, which represents an increase of 1.2% over the same period in 2009. The National Statistics Office (INE) said the wage cost index increased 1.8% year-on-year to just over
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