The INE (the Spanish Statistics Institute) has just released data showing that there are now some 5,639,500 people unemployed in Spain – a figure that is nothing short of disastrous. Indeed, some 4,000 people a day lost their jobs in Spain during the first quarter of 2012. A mind numbing figure. Indeed, with an unemployment rate in Spain of 24.4% [...]
General strike in Spain 29th March 2012
UPDATE 29.03.12 (15.31 hrs) The general strike in Spain is in now in full progress with transport affected. Some minimal services are being continued but there are many reports of delays, made worse as people have taken to their cars rather than use public transport. The popularity of the strike is hard to assess at the moment, not least because [...]
News in Spain, Spanish bank scandal, dissolution of Spanish parliament
The past week in Spain has seen the dissolution of the Spanish parliament, the second largest seizure of heroin by Spain ever (150 kilos), the nationalisation of three further Spanish banks and continuing tremours on El Hierro, one of the Canary Islands. On the economic side of things, matters show little signs of improving with GDP quarterly growth in Spain [...]
The Spanish economy, how bankrupt is Spain?
Finally, the first overt signs of what I have been writing about for some time are becoming apparent and they beg the question of: how bankrupt is Spain? Certainly, you cannot have missed yesterday’s BBC headline screaming ‘Pain in Spain – southern town left penniless by the boom and bust’. This featured the small inland town of Moratalla in the [...]
CULTURE SPAIN – WORK IN SPAIN AND THE SPANISH ECONOMY
So, the registered jobless total in Spain is over the 4 million mark (4.02m)! Indeed, over 20% of the Spanish working population is now unemployed, which is over twice the Eurozone average. This is dreadful news and heralds an increasingly hard time for anyone working in Spain conventionally. Indeed, the outlook for the Spanish economy looks nothing if not gloomy [...]








