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Los Alcazares, Spain
October 27, 2020, 10:54 pm
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Spanish Economic News

  • Spain unemployment jumps to 16.26% on virus fallout 27 Oct 2020 15:07 Times of Malta Spain’s unemployment rate  jumped to 16.26 per cent in the third quarter as the country’s tourism-dependent economy was ravaged by the coronavirus pandemic, official data showed on Tuesday. The reading for the July-September period compares with a jobless …
  • Spain's unemployment sees biggest quarterly rise in 8 years as pandemic hits 27 Oct 2020 11:00 Reuters (Adds details) MADRID, Oct 27 (Reuters) - Spain saw its biggest quarterly increase in the number of unemployed people since 2012 in the July-September period, as its tourism-dependent economy was hit hard by the coronavirus pandemic. But in a sign of how …
  • Airbus Looks to Create New Jet Trainer for Spanish Air Force 26 Oct 2020 22:08 Aviation Today Airbus revealed a jet trainer for the Spanish Air Force to replace the F-5 advanced training fleet. (Airbus) Airbus revealed a trainer jet program for the Spanish Air Force this month that will replace the current F-5 advanced training aircraft fleet with …
  • Spain: The EIB joins forces with ICO and PSA Finance to support SMEs and mid-caps affected by the COVID-19 crisis 23 Oct 2020 01:44 European Investment Bank ©Shutterstock The European Investment Bank (EIB) is joining forces with the Instituto de Crédito Oficial (ICO) and PSA Financial Services Spain, E.F.C., S.A. (PSA Finance) to support Spanish small and medium-sized enterprises (SMEs) and mid-caps affected …
  • Iberdrola, S.A. (IBDSF) CEO Ignacio Galán on Nine Months 2020 Results - Earnings Call Transcript 21 Oct 2020 19:07 Seeking Alpha Iberdrola, S.A. (OTCPK:IBDSF) Nine Months 2020 Earnings Conference Call October 21, 2020 3:30 AM ET Company Participants Ignacio Cuenca Arambarri - Head, Investor Relations Ignacio Galán - Chairman and Chief Executive Officer José Sainz - Chief Financial …
  • Spain tourism sector eyes 100-bln-euro loss over virus 21 Oct 2020 16:52 Digital Journal Devastated by the pandemic, Spain's all-important tourism sector is expected to incur losses of more than 100 billion euros ($120 billion) this year, an industry body warned Wednesday. If the dire prediction proves correct, it would take the sector…
  • Spain: EIB Group and Santander provide over €900 million to support SMEs affected by the COVID-19 crisis 20 Oct 2020 17:03 European Investment Bank ©Getty Images The EIB Group is subscribing a total of €198 million of the securitisation issued by Santander to support SMEs and mid-caps affected by the COVID-19 crisis. The EU bank is granting this loan as part of its package of emergency measures to …
  • New virus restrictions deal fresh blow to Spain economy 20 Oct 2020 11:10 The Sun Daily Madrid: Fresh virus restrictions imposed in Spain's two regional economic powerhouses, Catalonia and Madrid, have darkened the country's already bleak growth forecasts and angered business leaders. The two regions together account for around 40 …
  • Household assets increased nearly 5% since March, says Bank... 16 Oct 2020 22:45 thinkSPAIN DESPITE dire predictions and snapshots of the global – including Spanish – economy as a result of the Covid-19 pandemic, it turns out households in general are better off financially than they were at the beginning of the year. Bank of Spain figures show …
  • Spain hopes to create 800,000 jobs with EU recovery funds 09 Oct 2020 00:48 EurActiv €72 billion of Spain’s share of the EU Recovery Fund be invested over the next three years to create 800,000 jobs, Spanish Prime Minister Pedro Sánchez announced on Wednesday (7 October). EURACTIV’s partner EFE reports. Over half of the EU money allocated …
  • Malaga chosen to become EasyJet’s second operations hub in Spain 08 Oct 2020 19:27 SUR in English British low-cost airline EasyJet announced on Thursday that it had chosen Malaga to open its second operations base in Spain, which would lead to the creation of around a hundred new jobs next spring. The airline is currently the third biggest at Malaga …
  • Easyjet announces second base at Malaga airport on Spain’s Costa del Sol 08 Oct 2020 10:59 Olive Press EASYJET is opening a second Spanish base at Malaga airport, it has been announced. The British carrier, the third largest at the Costa del Sol airport, said it hopes to expand its presence in the country. Almost 2.5 million people travelled with the budget …
  • Spanish PM Hopes to Create 800,000 Jobs with EU Covid Funds 07 Oct 2020 20:17 Latin American Herald Tribune MADRID -- Spanish prime minister Pedro Sánchez on Wednesday proposed that 72 billion euros of Spain’s share of the European Union’s coronavirus recovery fund be invested over the next three years to create 800,000 jobs. Sánchez said the initial investment …
  • Spain launches economic recovery plan, aims to create 800,000 jobs 07 Oct 2020 17:20 The Sun Daily MADRID: Facing resurgent virus infections, Spain's government on Wednesday unveiled an EU-funded recovery plan aimed at creating over 800,000 new jobs and yanking the country out of its worst economic slump in decades. The pandemic has pulverised Spain …
  • Spain to unveil rescue plan for virus-hit economy 07 Oct 2020 02:15 Manila Bulletin Facing resurgent virus infections, Spain’s government will on Wednesday unveil a recovery plan aimed at yanking the country out of its worst economic slump in decades. Thousands of Spanish flags, representing the Spanish victims of COVID-19, are pictured …