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Business/Economy news & information for Spain

Economy Tue, Apr 17, 2018

FMI forecasts greater economic growth for Spain

A MORE optimistic outlook for Spain's growth is predicted for this and next year by the International Monetary Fund (FMI) now that it considers the Catalunya political crisis to be over, in terms of its possible...

Economy Fri, Apr 6, 2018

Barcelona to launch own local currency

BARCELONA is set to launch its own currency next month – the REC, which residents can spend in 10 neighbourhoods at first and which may spread to more areas of the metropolitan zone. The aim is to promote local trade...

Economy Sun, Apr 1, 2018

Mains gas prices fall

MAINS gas tariffs will drop from today (Easter Sunday) thanks to a reduction in the price of raw material in international markets. Domestic consumers will benefit the most from the shrinking tariff, which will go down...

Economy Sat, Mar 31, 2018

Electricity prices per MWh 'lowest in EU' this week

ELECTRICITY in Spain became the cheapest in the European Union on Thursday and has remained so ever since – the second time this has happened in a fortnight. Retail prices per megawatt per hour (MWh) dropped to €22...

Economy Tue, Mar 20, 2018

Butane gas bottles go down in price

BOTTLED butane gas goes down in price today (Tuesday) by 5%, dropping to €13.96 from the current €14.68 due to a fall in the cost of the raw material, cheaper transport and the strengthening of the euro. This first...

Economy Fri, Mar 16, 2018

Toys 'R' Us hopes to avoid job losses in Spain

TOYS 'R' Us is considering trying to sell its 53 stores in Spain, which employ around 1,600 people, as part of the chain's global liquidation. The multi-national toy store has begun winding down its business...