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Spain`s unemployment crisis eases: Official data

Last Updated: Thursday, July 24, 2014, 13:36

The unemployment rate in Spain fell sharply in the second quarter slipping beneath 25.0-percent, official data showed on Thursday in a further sign that the country is pulling away from deep economic crisis.

Spain economy grows at fastest rate since 2008

Last Updated: Thursday, May 29, 2014, 14:01

Spanish GDP grew at a quarterly pace of 0.4 percent in the first three months of 2014, the highest rate in six years.

Spain shows fastest growth in six years

Last Updated: Thursday, April 24, 2014, 15:10

Spain`s economy grew at the fastest pace in six years in the first quarter of 2014, the central bank said Thursday in a preliminary estimate.

Spanish debt to near 100% of GDP in 2014

Last Updated: Tuesday, October 01, 2013, 12:03

Spain's public debt will reach 99.8 percent of the gross domestic product at the end of 2014, totaling some 1.05 trillion euros (about USD 1.41 trillion), the government has announced.

Spain's economy grows 0.10%

Last Updated: Wednesday, August 07, 2013, 16:18

BBVA expects the economy to expand at a faster clip in 2014 than the government does.

Spain gets more time to correct deficit

Last Updated: Thursday, May 30, 2013, 10:36

The European Commission confirmed Wednesday that it was recommending Spain be given two additional years to correct its deficit and additional flexibility for dealing with the situation in each individual year based on the targets set by Madrid.

Spain's GDP to contract

Last Updated: Wednesday, April 10, 2013, 15:18

Spain would suffer a GDP reduction of between 0.5 and 0.6 percent in the first quarter of 2013, said Spanish Economy Minister Luis de Guindos.

Spain's budget deficit was 6.7% of GDP

Last Updated: Thursday, February 28, 2013, 11:44

Spain's budget deficit came in at 6.7 percent of the gross domestic product (GDP) in 2012, Prime Minister Mariano Rajoy said Wednesday.

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 back in recession

Last Updated: Tuesday, April 24, 2012, 10:51

Spain's gross domestic product shrank 0.4 percent in the first three months of this year after contracting 0.3 percent in the fourth quarter of 2011, according to figures released Monday by the central bank.