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30 Jul
employment in Spain Covid19

Spain: Impact of COVID-19 on economy leaves more than 1 million people without a job in second quarter

Spain: The impact of COVID-19 and the restrictive measures adopted to contain the pandemic meant that the number of people in work in the second quarter of the year fell by 1,074,000, down 5.46%, to stand at 18,607,200. This figures have been released by the Labour Force Survey (Spanish acronym. EPA), published by the National […]

15 Jul
European Union capital markets

Spanish Government presents 2020 Progress Report on implementation of 2030 Agenda

The Spanish Government presents 2020 Progress Report on implementation of 2030 Agenda The document analyses and evaluates the policies developed over the last year to implement the 2030 Agenda in Spain and offers responses to the health, economic and social crisis stemming from the coronavirus. The government also approved measures aimed at families, vulnerable groups […]

07 Jul
Brexit Spain Uk nationals resident in Spain

Instruction on the procedure for issuing residence documents to UK nationals resident in Spain

Spain post-Brexit: The departments of Home Affairs and Migrations sign the Instruction on the procedure for issuing residence documents to UK nationals resident in Spain. The Ministry of Home Affairs, through the State Secretary for Security, together with the Ministry of Social Security and Migrations, through its State Secretary for Migrations, jointly signed an Instruction […]

17 Feb
spanish bankrupt

Spain: The number of bankrupt debtors increases its annual rate by 14.6% in the fourth quarter of 2019

Spain. During the fourth quarter of 2019, the number of bankrupt debtors reached 1,979 representing a 14.6% increase, as compared with the same period of the previous year (figures released by Spanish Statistical Office, INE). By type of bankruptcy, 1,855 were voluntary (14.0% more than in the fourth quarter of 2018) and 124 were necessary […]

11 Feb
invest in spain 2020

ICEX releases “Investment trends and records in Spain” Report (February 2020 Edition)

ICEX – Invest in Spain has just released the last edition of Report “Investment trends and récords in Spain”  (February 2020 Edition) The report includes information about the Spanish economy and conditions for investment in Spain. I also includes data on foreign investment in Spain from sources such as investments registration, FDI Markets and UNCTAD. […]

30 Jan
eurostat unemployment rates

Euro area unemployment at 7.4% (Greece and Spain, the highest unemployment rates)

The euro area (EA19) seasonally-adjusted unemployment rate was 7.4% in December 2019, down from 7.5% in November 2019 and from 7.8% in December 2018. This is the lowest rate recorded in the euro area since May 2008. The EU28 unemployment rate was 6.2% in December 2019, down from 6.3% in November 2019 and from 6.6% […]

05 Dec
budget plan European Union

Eurogroup statement on the Draft Budgetary Plans for 2020: Spain is not expected to comply prima facie with the debt reduction benchmark

The Eurogroup welcomes that all 19 Member States have submitted Draft Budgetary Plans (DBPs) for 2020. On 20 November, the Commission provided in-depth individual assessments and Opinions, together with an analysis of the budgetary situation in the euro area as a whole. The Eurogroup takes note that no DBP was found in particularly serious non-compliance […]

27 Nov
european union spain

Compensation for damages by the State for infringement of EU law: the European Commission refers Spain to the Court of Justice

Today, 27 November the European Commission decided to refer Spain to the Court of Justice of the EU regarding Spanish rules on compensation for damages caused by the State when adopting legislation contrary to Union law. Following complaints received about certain Spanish provisions regulating the compensation for damages caused by legislative acts that are in […]

15 Nov
Brexit Spain United Kingdom

Brexit is having no effect on British investment in Spain

The uncertainty generated by Brexit has not affected British investments in Spain. Since British citizens voted to break their links with the European Union in June 2016, investments from Britain have continued to grow. In fact, the United Kingdom has gone from being the sixth foreign investor in Spain to top of the ranking in […]

31 Oct
Eurostat

Euro area unemployment at 7.5% (Spain at 14.2%)

The euro area (EA19) seasonally-adjusted unemployment rate was 7.5% in September 2019, stable compared with August 2019 and down from 8.0% in September 2018. This is the lowest rate recorded in the euro area since July 2008, according to the figures published today (31 October) by Eurostat. The EU28 unemployment rate was 6.3% in September […]

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Sincro’s blog is designed to provide daily information on labour, fiscal and economic news. We do not provide free advice nor do we answer personalized queries that come to us through the blog. If you need advice, do not hesitate to contact our Team of Experts to request a quote.

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