Spain Financial News

Highlights

2010-08-31 - PROPERTY
Eurozone construction output up 2.7pc in June
On an annual basis, construction output rose in five and fell in nine of the countries where information is available. The highest increases were registered in Spain (18.6pc), the United Kingdom (13.6pc) and Poland (10.2pc). Eurostat  More
2010-08-27 - ECONOMY
GDP up 0.2 pct in second quarter
Spain confirmed its timid recovery from recession on Thursday with 0.2 percent growth in the second quarter, which confirmed provisional data issued by the National Statistics Institute  More
2010-08-24 - BUSINESS & FINANCE
Caja overhaul will spark further bank mergers
Spain's banking sector is headed for more consolidation as an overhaul of savings banks toughens competition More
2010-08-23 - EXPAT FINANCE
UK Compulsory annuities to be scrapped
The Government outlined proposals that suggest pensioners will be able to withdraw their full pension pot as long as they meet minimum income requirements. Is this an attempt to reduce money flowing out of UK pension funds into QROPS ?  More
Spain Economy
Latest Facts and Figures
Spanish Economic FiguresThe Spain Gross Domestic Product is worth 1604 billion dollars or 2.59% of the world economy, according to the World Bank. Spain's economy is the fifth largest in Europe. Spain is part of the European Union since 1986 which required the country to open its economy to trade and investment.
 
Quick Spain Economy Figures
Interest Rate : 1%
Growth Rate :  0.2% (YoY)
Inflation Rate : 1.9%
Jobless Rate : 20%
Current Account : - 4.78 Bn Euros
Gross Domestic Product : $1460.25 Bn USD
Credit Rating :  FITCH AA+   S&P AA   MOODY AAA
World Sovereign Credit Ratings : Click Here
GBP Exchange Rate : Click Here for latest rate
Supply & Demand Indicators : Click Here 
 

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