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Spanish annual inflation at 2.8%

Last Updated: Thursday, March 14, 2013, 13:10

Spanish annual inflation stood at 2.8 percent in February, 0.1 point higher than the previous month, the Spanish National Institute of Statistics (INE) said here.

Spain's economy contracts by 0.80%

Last Updated: Friday, March 01, 2013, 11:44

The Spanish economy contracted 0.80 percent in the fourth quarter of 2012 as consumer spending continued to weaken, the National Statistics Institute, or INE, said.

Spain's unemployment rate hit 26.02%, over 5.9 mn jobless

Last Updated: Friday, January 25, 2013, 10:07

Spain's unemployment rate hit 26.02 percent in 2012, with more than 5.9 million people jobless, the Spanish National Statistics Institute, or INE, said Thursday.

Spain's economy contracts by 1.3%

Last Updated: Thursday, January 24, 2013, 10:03

The Spanish economy contracted 1.3 percent in 2012, with the recession intensifying in the last quarter of the year and the gross domestic product falling 0.60 percent, compared to the previous quarter, the Bank of Spain said Wednesday.

Spain's economy will grow again in 2014: Rajoy

Last Updated: Monday, December 24, 2012, 11:13

Prime Minister Mariano Rajoy said Spain is undergoing a "difficult moment" but that the situation will improve "if we all work together with determination and live up to our obligations".

EU expects Spanish economy to stay in recession until 2014

Last Updated: Thursday, November 08, 2012, 11:15

The European Commission said Wednesday it expects Spain's economy to contract by 1.4 percent both this year and next before rebounding in 2014 with growth of 0.8 percent.

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 PM says he's focused on euro, Spain's interests

Last Updated: Monday, September 03, 2012, 10:17

Spain's negotiations within the European Union have focused on measures "that benefit the general interests of the euro and those of Spain at every specific moment" and decisions are made "on that basis", Spanish Prime Minister Mariano Rajoy said in an interview published Sunday.

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.

Spain revises down economic growth to 0.4% from 0.7%

Last Updated: Tuesday, August 28, 2012, 11:07

The Spanish economy grew by 0.4 percent last year, less than the initial estimate of 0.7 percent, the National Statistics Institute, or INE, said.

Spanish economy contracts 0.4% in second quarter

Last Updated: Tuesday, July 31, 2012, 12:51

The Spanish economy contracted 0.4 percent in the second quarter of the year, the Spanish National Statistical Institute (INE) reported.