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Bankia and CaixaBank are considering a merger that would create the biggest lender in Spain, the banks said in a Thursday statement to the securities market watchdog CNMV. The new bank would hold €650 billion in assets, although it would lack the international presence of other Spanish lenders such as Santander and BBVA. The move comes amid a general consolidation process in the Spanish banking ....

The confinement caused by the covid-19 has instigated more than one citizen to rethink the type of home they want to live in. And after several months with low sales and buyer activity, due mainly to the lockdown making viewings all but impossible, August presents itself as a very good month to buy and sell. We have noticed an increase in requests for houses, penthouses, ....

Real estate in Spain is and will remain a hot topic this year! Spain is in an expansive economic cycle and a good economy means employment, increasing incomes, optimism & confidence, moderate inflation, etc. The FMI predicts the Spanish economy will grow stronger than the Eurozone: Spain +2,2% vs Eurozone +1,6% in 2019. That´s by the way also better than Germany, France (and the U.K). ....

Eurostat report a 6.9 per cent rise in the first quarter of 2019 Eurostat, the European Union's statistics bureau, published its housing price index data for the first quarter of 2019 on Wednesday, reporting that while the average price of residential property for both the EU and the Eurozone rose by 4 per cent in comparison with the same period last year the increase in ....

Airbus Defence and Space Chief Executive Officer Dirk Hoke, Dassault Aviation Chairman and CEO Eric Trappier, German Defense Minister Ursula von der Leyen, French President Emmanuel Macron, Spanish Defence Minister Margarita Robles and French Defence Minister Florence Parly attend the unveiling of the French-German-Spanish new generation fighter model. Paris Air Show Spain's military still has eyes for the F-35 despite European fighter push. Two U.S. ....

Leading sectors of Spain's diversified economy include manufacturing, financial services, pharmaceuticals, textiles and apparel, footwear, chemicals, and a booming tourism industry. Unemployment has decreased but remains a problem, especially for young job seekers. EconomicsSpain's Growth Strong Despite Europe Woes, Central Bank Says• Bank of Spain boosts first-quarter forecast slightly to 0.6%• Annual growth for this year, next seen above euro-area average The Spanish central bank ....

ICEX – Invest in Spain has just released the report "Investment trends and records in Spain", which contains information about the Spanish economy and conditions for investment in Spain. The report includes data on foreign investment in Spain from sources such as investments registration, FDI Markets and UNCTAD (March 2019 Edition). Main figuresThese are some of the main figures about Spain:-World's 13th largest economy and ....

Rising fuel prices still pushing the retail price index upwards The latest provisional data published by the Spanish government's central statistics unit on Tuesday show that the annual inflation rate in October was 2.3 per cent, the same as in the definitive report for the previous month.The rate has been at between 2.1 and 2.3 per cent since May of this year, remaining steady at ....

And the facts don't lie – the number of mortgages granted in Spain this April soared by 34% year-on-year. The average mortgage value also rose by 9.1% to €123,256, while the amount of capital loaned increased by 46.5% to €3.54 billion. And according to Spain's Statistical Office, Andalucia was the region with the second-highest amount of mortgages (5,154) after Madrid (6,018).They were followed by Catalunya ....

A pick-up in credit growth, low borrowing costs and strong employment gains should buttress household spending this year. Similarly, an upbeat outlook for the domestic economy and relatively robust momentum in the Eurozone are expected to support fixed investment this year, especially in equipment and machinery. Export-oriented sectors should also continue reaping the benefits of increased competitiveness this year, a trend that could, however, be ....