Economics

Now that the year is in full swing – you might start to be thinking more seriously about coming to Ibiza to work for 2017’s season. Here a few tips and tricks that might help the process of searching for/securing work for the summer. 1 – Be Proactive Probably the …

Spain keeps losing population, and there are two major reasons for it: increasing numbers of Spaniards are moving abroad, and there are fewer foreign residents in the country. On January 1st, 2016 there were 99,439 fewer residents in Spain than a year earlier, according to preliminary figures released on Thursday …

Only 15% of allocated funds have been spent, and just 25% of potential beneficiaries are collecting checks The Spanish government’s stand-out initiative to help the long-term unemployed has fallen significantly short of its goals. Only slightly more than 25% of all estimated potential beneficiaries – 105,500 out of 400,000 – …

It all seems so easy when you’re on holiday somewhere exotic and the shop assistant tells you that the transport costs are all included in the price. Or when, sitting comfortably at home, you buy something online with a simple click of a mouse. But increasing numbers of Spaniards who …

The National Statistics Institute (INE) on Friday confirmed an estimate advanced by the Bank of Spain a month ago: gross domestic product (GDP) grew 3.2% last year, the biggest improvement since 2007, before the crisis hit home. The Spanish economy managed to prolong its upward pace in the final stretch …

Lower prices for energy and other commodities may be good news for importing countries such as Spain. The International Monetary Fund (IMF) has released an update of its World Economic Outlook report, raising its own forecast for Spanish GDP growth over the next two years. In the new scenario, the …

Following the trend of recent years, the Pitiusas once again recorded the largest increase in population in the Balearic Islands census. As of January 1st, 2015 (the latest official data, which is renewed every year), the Pitiusas reached a total population of 152,842 people – 1,026 more than in 2014. …

The European Commission has warned that Spain will not be able to meet its deficit reduction goals for this year and next, and has called on the government to amend its 2016 budget accordingly after the general election. “The commission foresees that Spain’s overall deficit would fall to 4.5% of …

For the Spanish economy the current advantages of the new international outlook – cheaper oil, a weaker euro against the dollar, low interest rates – are having a greater effect than the disadvantages – fewer exports to China, lower demand from Latin America. As a result, it is among the …

There was good news for Spain on Thursday from the world’s major think tanks. After years of dire predictions, Spain is now expected to be the developed world’s biggest job creator this year and the next, while its economy will grow faster than most in 2015. The Organisation for Economic Cooperation …