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Spanish Tourism needs drastic change in order to maintain leadership, says OCDE
The Spanish tourism industry needs a “dramatic” change to maintain global leadership in a global post-crisis time, said the director of the Center enterprise, SMEs, Local Development and Tourism of the OCDE, Sergio Arzeni. According to Arzeni,...
Crisis created 16,000 new millionaires in Spain
The number of newly rich continues to grow despite the crisis. The number of individuals with what is considered high net worth (assets minimum investment of one million dollars, excluding primary residence and consumables) in Spain rose by 16,000 during...
Spain witnesses fall in birth rates and weddings
According to statistics made public Tuesday by the National Institute of Statistics (INE): the number of births has fallen for the first time in the last decade. In 2009, 5% fewer children (just over 25,000 children) were born. Without a doubt the new...
Spain – Portugal Celebration of 25 Years in European Union
A call for stronger economic ties between Spain and Portugal has been in demand, since the beginning of the European economic crisis. The two regions have been tied to each other for the last 25 years, ever since the European Economic Community came into...
Spanish Government unmoved by Strikes
Issues about the existing economic crisis have been raised over the past one week in Spain. The civil servant protest hasn’t been given a lot of importance by members of parliament and despite the fact that thousands of laborers have threatened to go...
Spanish Post Office reports a 2 million euro loss
As per reports by the postal company, Spain’s Post Office lost 2 million euro last year. The loss could have been much higher had it not been for the “rigorous adjustment” expenses. The Post Office had profited by 77.9 million euro in the year...
Spain announces austerity measures
Spanish Prime Minister Jose Luis Rodriguez Zapatero announced Wednesday new austerity measures in an attempt to calm the markets and save Spain from a total economic collapse, which could potentially lead to a major instability in the eurozone. Economic...
Spain’s tourism downfall continues
For the second consecutive time in the last two years, doubts have been cast over the Tourism Share
More Bar closures expected as complete smoking bans are introduced for 2010
Not only is it drinking up time for many of Spain’s pubs and restaurants but the feared Share
