So, over the past couple of weeks the true state of the Spanish property market is becoming apparent and confirms what I have been saying for a long time. In short, average property prices across Spain have fallen by around 40% since the height of the boom in 2007 – not the 20% that the Spanish government has been steadfastly [...]
Unemployment in Spain surges to 24.4%
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% [...]
Recession in Spain (again), by numbers
So, Spain is formally back in recession, with the Spanish economy having lost ground in the last quarter of 2010 (by 0.3%) followed by a further loss (of 0.4%) during the first quarter of 2012. This is, of course, very bad news – but was entirely predictable. Needless to say, what is less predictable is when Spain will emerge from [...]
Spanish economy, a ‘perfect storm’ (with EU bailout likely)
I am mildly surprised as to why anyone still seriously questions whether Spain will need a bailout from the EU. Why? Because the Spanish economy is in very, very deep trouble. That may seem an obvious statement but I fear the sheer, almost unresolvable, structural problem of the economy in Spain is not fully understood by many people, despite it [...]
Spanish economy inherently troubled, with unemployment in Spain set to rise further
It has just been announced that unemployment in Spain has reached 5.4 million people, amounting to an unemployment rate in Spain of 22.9% – some 400,000 people more than during the third quarter of 2011. Meanwhile, 48.6% of Spain’s 16-24 year olds have no work, creating a living tragedy and a ‘lost’ generation. Can anyone be surprised by this horrendous [...]
Working in Spain, the over-qualification problem
Did you see an interesting article in El Pais a while ago about working in Spain? The article is fascinating because it illustrates an extraordinary problem and one that you may not necessarily appreciate, least of all if you are thinking of coming to Spain to work. In short, Spain has an ‘over qualified’ workforce – with 31% of Spaniards [...]
Spanish conservatives win absolute majority in Spain’s national elections
So, as widely anticipated, the Spanish conservative party (the PP – Partido Popular) has won an overwhelming majority of seats in parliament after yesterday’s General Election in Spain. Meanwhile, the Spanish socialist party (the PSOE – Partido Socialista Obrero Español) has been badly defeated and has finally been punished by the electorate for its gross negligence in mishandling the Spanish [...]
Spanish economy, meltdown?
Unemployment in Spain is now close to the five million mark, according to the Institute for National Statistics in Spain – with some 21.5% of the Spanish population out of work! This is terrible news and must come as the final death knell for the ruling socialist party in Spain (PSOE) who shortly face the electorate at the Spanish General [...]
Prostitution in Spain, stolen Spanish babies and repossessions…
Evidently, 39% of all Spanish men have used a prostitute, over 900 cases of stolen babies in Spain under Franco are being investigated and ETA have declared that they will no longer use violence to obtain the independence of the Basque country from Spain. The PP (conservative party) are still on course to win the General Elections in Spain on [...]
Love in Spain, teacher’s strikes, 15 year jobless high in Spain, a gay retirement home…
The past week in Spain has seen the wedding of the elderly Duchess of Alba, unemployment in Spain reach a 15 year high and a strike by Spanish teachers. Meanwhile, although the majority of Spaniards are Catholic, 57% (a figure rising annually) do not go to church regularly. Elsewhere, a residential home is being constructed for gay Spaniards and El [...]
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 [...]
Spanish economy 2011, unemployment up again.
The Spanish economy in 2011 is still reeling, as shown by the latest Spanish unemployment figures. These show that unemployment in Spain now stands at a horrifying 21.3% – meaning that some 4.91 million people are out of work in Spain. It seems inevitable that the feared 5 million mark for people out of work in Spain will be reached [...]
Unemployment in Spain
Unemployment in Spain is very high. Indeed, the Spanish government’s figures declare unemployment in Spain to be over 20% – with the reality being probably much higher. Of course, Spain’s black economy is very sizeable and that may help to cushion the affects of the current unemployment rate in Spain but, either way, a very significant part of the Spanish [...]
Culture Spain, Airport strikes in Spain, chaos or a quick resolution?
So, airport strikes in Spain are planned for 22 days starting from the 20th April (Easter!!) and then ending on August the 31st – right through the main holiday periods. For the planned dates: see this Post. What a disastrous prospect for Spain – a country reeling within an economic crisis that has led to unemployment in Spain being over [...]
Culture Spain, Easter airport strikes in Spain, the dates of disruption
I am afraid that it looks as though there are going to be Easter airport strikes in Spain – which may continue on into the summer. This, of course, is the worst possible news for anyone planning to fly over to Spain during the Easter holidays. Needless to say, it is also very bad news for the Spanish economy, for [...]


















