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Spain's inflation rate falls

Last Updated: Friday, December 14, 2012, 13:50

Spain's inflation rate fell 0.6 percent in November to 2.9 percent against 3.5 percent in the previous month, the Spanish National Institute of Statistics (INE) said.

Spain gets $51 bn from Brussels to bolster banks

Last Updated: Wednesday, December 12, 2012, 12:58

Madrid has received the transfer, officials at the Spanish economy ministry confirmed.

Ranks of jobless in Spain edge closer to 5 mn

Last Updated: Wednesday, December 5, 2012, 13:36

Over the 12 months ending Nov 30, the ranks of the unemployed rose by 487,355, or 11.02 percent.

`Austerity measures for Europe's debt crisis not enough'

Last Updated: Saturday, November 17, 2012, 18:36

The meeting in the southern Spanish city of Cadiz was aimed at fine-tuning details of the declaration for this year's summit, reported Xinhua.

Spain denies G-20 pressure to ask for a bailout

Last Updated: Tuesday, November 6, 2012, 10:21

Spain's economy minister said here Monday that the other nations in the G-20 are not pressing Madrid to request a financial rescue package from the European Union.

Spain not ready to seek EU aid

Last Updated: Tuesday, October 30, 2012, 11:55

Spanish Prime Minister Mariano Rajoy said Monday that his government "understands that it is not essential at this time" to seek aid from the European Union to protect "the general interests of the Spanish people".

Spain economy to be better in 2013: Mariano Rajoy

Last Updated: Monday, October 29, 2012, 11:49

Spanish Prime Minister Mariano Rajoy has expressed confidence that 2013 will be a better year and that the economic crisis can begin to be overcome in the near future.

Spanish economy shrank in Q3

Last Updated: Wednesday, October 24, 2012, 14:13

Spain's economy contracted 0.4 percent in the third quarter and continues to face strong headwinds, the central bank said Tuesday.

Foreigners spur real estate deals in Spain

Last Updated: Monday, September 17, 2012, 13:01

And it needs to be kept in mind that in the present economic circumstances the number of foreigners registered in Spain is below the figure four years ago.

Spanish economy shrinks 0.4% in Q2

Last Updated: Wednesday, August 29, 2012, 10:21

The Spanish economy shrank 0.4 percent in the second quarter after a contraction of 0.3 percent in the first three months of the year, the National Statistics Institute, or INE, said.

Bankruptcies remain at record level in Spain

Last Updated: Tuesday, August 7, 2012, 12:50

Spain had 6,755 bankruptcies in 2011, the highest annual total since the INE began keeping records, and an increase of 13.3 percent over the previous year.

Spain govt announces $79 billion austerity package

Last Updated: Wednesday, July 11, 2012, 12:51

Spain's government on Wednesday announced a 65 billion euro (USD 79.85 billion) austerity package to be shaved off the state budget over the next two years by hiking sales tax and cutting on spendings.