Spain Financial News

Highlights

2013-04-25 - ECONOMY
Brussels gives Spain 2 more years on deficit
Amid pressure from the IMF and faced with the fact that output in the euro zone as a whole is shrinking, the EC relaxes concept of austerity   More
2013-04-24 - BUSINESS & FINANCE
Spain’s risk premium falls below 300
Spain’s risk premium has fallen below 300 basis points for the first time since February 2012  More
2013-04-08 - EXPAT FINANCE
Expat pensioners see income fall by up to 47%
Many UK pensioners living abroad are worse off financially than they were ten years ago, recent report shows. More
2012-11-23 - PROPERTY
Residency offer to foreign property buyers
The Government of Spain is considering granting residency to foreigners who buy homes in the country worth more than €160,000  More
2012-10-24 - FINANCE SPAIN BLOG
Moody's cuts 5 regional ratings
Ratings agency downgrades the credit ratings of five Spanish regions and confirmed current ratings on five others.   More
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Spain Economy
Latest Facts and Figures
Spanish Economic FiguresSpain Gross Domestic Product is worth 1490 billion dollars or 2.40% 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 : 0.75%
Growth Rate :  -0.8%
Inflation Rate : 2.4%
Jobless Rate :  26%
Current Account : - 4.78 Bn Euros
Gross Domestic Product : $1460.25 Bn USD
Credit Rating :  FITCH BBB  S&P BBB-   MOODY BAA3
World Sovereign Credit Ratings : Click Here
GBP Exchange Rate : Click Here for latest rate
2013 Index of Economic Freedom : Click Here                                                                             
Spain in Figures (statistics) : Click Here
HSBC Expat Explorer : Click here

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