Growth

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Economy & Business

GDP

Spain GDP expands less than estimated in Q1

The Nomad Today/dpa 6/27/22

Year-on-year, economic growth accelerated to 6.3% from 5.5% in the fourth quarter

Economy & Business

ECONOMY

Eurozone manufacturing growth for May comes in at 18-month low

The Nomad Today/dpa 6/2/22

Spain and Germany registered stronger improvements in May

27/04/2022. The Deputy Prime Minister and Minister for Economic Affairs Nadia Calvino (C), during question time in Parliament. Photo: Eva Ercolanese/PSOE.

Economy & Business

ECONOMY - GDP

Government drastically cuts growth forecast for the Spanish economy

The Nomad Today 4/29/22

The Government Delegate Commission for Economic Affairs has updated the 2022-2025 Stability Program for submission to the European Union

23 March 2022, Spain, Lugo: truck drivers protest with their vehicles as the transport sector entered its 10th day of an indefinite strike, called nationwide by the Platform for the Defence of the National and International Road Freight Transport Sector, to protest the unacceptable working conditions and fuel price surge. Photo: Jesús Hellín/EUROPA PRESS/dpa.

Economy & Business

ECONOMY - GDP

Spanish economy growth slows down as domestic consumption collapses

The Nomad Today 4/29/22

In the January-March period, the Spanish GDP grew only 0.3%, compared to 2.2% and 2.6% in previous quarters

13/04/2022. Swedish Prime Minister Magdalena Andersson and Finnish Prime Minister Sanna Marin in Stockholm. Photo: Anne Sjöholm/Vnk.

World

WAR IN UKRAINE

Support for NATO membership continues to grow in Sweden

The Nomad Today/dpa 4/20/22

The party of Prime Minister Magdalena Andersson has in the past spoken out against NATO membership and in favour of the country's traditional military non-alignment

Headquarters of the Bank of Spain in Cibeles square, Madrid. Photo: Banco de Espana.

Economy & Business

ECONOMY

Bank of Spain doubles 2022 inflation forecast, cuts growth estimate

The Nomad Today 4/7/22

Spanish residents should keep in mind that at least another three months of sharp price increases await them

24 March 2022, Spain, Lugo: Transport workers take part in a demonstration calling for the resignation of the Spanish Minister of Transport on the 11th day of the national strike of transporters. Photo: Carlos Castro/EUROPA PRESS/dpa.

Economy & Business

INDUSTRY

The growth of the Spanish manufacturing slows down

The Nomad Today 4/4/22

The war in Ukraine served to exacerbate already embedded supply chain and inflationary pressures

23 March 2022, Spain, Barcelona: People hold a banner and flags during a rally under the slogan 'Let's curb prices, let's avoid poverty' against high electricity prices, at Plaza Urquinaona. Photo: Ricardo Rubio/EUROPA PRESS/dpa.

Economy & Business

ECONOMY

Spanish fourth quarter GDP grew more than anticipated, data shows

The Nomad Today 3/25/22

On a yearly basis, GDP growth improved to 5.5%, from 3.5% in the previous quarter

28 February 2022, Spain, Barcelona: A view of a hall at the Mobile World Congress mobile communications trade fair. This year's fair is the first major edition of the most important industry gathering in three years in view of the Corona crisis. The organizers expect 40,000 to 60,000 visitors. Photo: Andrej Sokolow/dpa.

Economy & Business

ECONOMY

Spain industrial production rises at faster pace

The Nomad Today 3/9/22

Within five sectors, four sectors posted positive annual growth rates in January

FILED - 04 July 2011, Baden-Wuerttemberg, Karlsruhe: Euro coins lie on a Euro flag. The rate of inflation in the 19 countries of the eurozone recuperated slightly to 0.4 per cent in July, according to a first estimate from EU statistical office Eurostat. Photo:Uli Deck/dpa.

Economy & Business

ECONOMY

Eurozone GDP growth eased in fourth quarter

The Nomad Today/dpa 1/31/22

On a yearly basis, economic growth accelerated to 4.6 per cent from 3.9 per cent in the preceding quarter

The First Vice President and Minister of Economic Affairs, Nadia Calvino. Photo: Ministry of Economic Affairs.

Economy & Business

NATIONAL ACCOUNTS

Spanish economy grows 5% in 2021, well below the Government forecast

The Nomad Today 1/28/22

Foreign demand has been a growth driver: exports grew by 6.5% quarterly and 15.8% compared to the previous year

11 January 2022, United Kingdom, Dover: Lorries queue on the A20 for the Port of Dover in Kent, where delays are being caused to the transportation of goods across the channel after exports between Great Britain and the EU became subject to full customs controls on 1 January 2022. Photo: Gareth Fuller/PA Wire/dpa.

Economy & Business

EMPLOYMENT

Demand for staff growing across Britain, survey of recruiters shows

The Nomad Today/dpa 1/13/22

The biggest demand for permanent jobs is in computing and IT, while for temporary positions it is nursing and care

HANDOUT - 14 June 2021, Belgium, Brussels: European Commission President Ursula von der Leyen attends a press conference after the presidents of the three main EU institutions signed a plan for a digital Covid-19 vaccine certificate. Photo: Daina Le Lardic/European Parliament/dpa - ATTENTION: editorial use only and only if the credit mentioned above is referenced in full

Economy & Business

GROWTH

EU economy forecast to grow quicker this year, but faces headwinds

The Nomad Today/dpa 11/11/21

Gross domestic product is anticipated to grow 5% year-on-year in the EU in 2021 and then 4.3% in 2022

01 November 2021, Spain, Barcelona: A woman places a flower on the grave where her relatives rest at the Poblenou cemetery on All Saints Day, a Catholic holiday dedicated to the memory of the deceased. Photo: Jordi Boixareu/ZUMA Press Wire/dpa.

Lifestyle

CAUSES OF DEATH

Mortality in Spain grows 18% in the year of the pandemic

The Nomad Today 11/10/21

Suicide increased by 7% and was the main cause of external death, that is, other than diseases

10 November 2021, Berlin: German Finance Minister and candidate of the Social Democratic Party (SPD) for Chancellor, Olaf Scholz, receives Portugal's Prime Minister Antonio Costa for talks. Photo: Annegret Hilse/Reuters/Pool/dpa.

World

ECONOMY

Portugal trade deficit widens in September

The Nomad Today/dpa 11/10/21

On a month-on-month basis, exports rose 16.4% and imports increased 18.5%

Economy & Business

BUSINESS

Uber posts strong growth despite 2.4 billion quarterly net loss

The Nomad Today/dpa 11/5/21

Analysts had expected losses

16 October 2021, Lower Saxony, Langenhagen: Numerous passengers wait at Hannover Airport. Because the service provider commissioned by the Federal Police to carry out the handling checks has massive staffing problems, there have recently been long waiting times, with some passengers missing their flights as a result. Photo: Moritz Frankenberg/dpa.

Tourism

TOURISM

International tourist arrivals to Spain increase more than 300%

The Nomad Today 11/3/21

The Balearic Islands was the main destination for foreign tourists in September.

29 October 2021, Greece, Athens: Outgoing German Chancellor Angela Merkel (2nd L) attends a meeting with Greek Prime Minister Kyriakos Mitsotakis at Maximos Villa. Merkel is on a two-day visit to Greece, whose financial crisis has marked much of her time in office and Germany's relations with Europe. Photo: Angelos Tzortzinis/dpa

Economy & Business

GERMANY

German economy drags itself slowly out of pandemic in third quarter

The Nomad Today/dpa 10/29/21

The government and analysts expect the economic recovery to lose speed in the final quarter, as continuing shortages of raw materials and high energy prices bite