Así está… la Company february 2018

Business Confidence In January 2018, Eurozone PMI Composite Output Index rose to 58.8 (58.1 in December), its highest level since June 2006. France leads the growth ranking at 59.6, followed closely by Germany, Italy, and Ireland at 59. The February 2018 estimate is that of a slip to 57.5, a three-month low, although it remains … Continued

Así está… the company december 2017

Corporate Tax In Spain, between January and October 2017, tax revenues from Corporate Tax amounted to €20.094 billion, 9.6% more than in the same period of the previous year. The Government expects to collect €24.399 billion (2.1% of GDP) at the end of the year, 12.5% more than in 2016. Dividends Spanish public listed companies … Continued

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Así está… the economy november 2017

SPAIN GDP flash estimate Q3 2017 (INE) In Q3 2017 the Spanish economy grew by 0.8% quarter-on-quarter (in comparison with 0.9% in Q2) and by 3.1% year-on-year, due to the increase in private consumption and investment, especially in the construction sector. The foreign sector gained momentum in a global environment with a more synchronized growth. … Continued

A better Spain for everyone

The socioeconomic balance is a clear reflection that Spain is a success story. Since 1977, per capita income for the Spanish has doubled in real terms and gone from 76.1% of the EU average to the current 92%. The incorporation of women in the job market is a reality – their participation has grown from … Continued

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Así esta… the economy october 2017

SPAIN Tourist movements (Frontur) Spain registered 57.3 million tourists in the first eight months of 2017 (9.9% more than in the same period of 2016). By country, the main countries of origin were the United Kingdom (13 million), France (8.4 million) and Germany (8.2 million). Labour (Ministry of Employment) September ended with 27,858 more unemployed … Continued

A better Spain for everyone

Spain needs to put together an inclusive plan that mobilises and inspires us, and that provides structure for us all. This should be along the lines of what occurred with the recovery of our freedom and democracy, the development of our welfare state, and our fully-fledged incorporation into Europe from which we had felt (to … Continued

Así está… the company September 2017

Business demography Structural business statistics According to the Central Business Directory (DIRCE) in 2016 and for the third consecutive year, the number of active companies increased by 1.4%, reaching 3.282.346. Reduced business size By number of employees, 55.5% of all Spanish companies had no employees and 27.2% had just one or two employees. Altogether, in … Continued

Así está… the company July-Agost 2017

Investment (Bank of Spain) Productive private investment in Spain has had a key role in our economic recovery, contributing to more than 20% of GDP growth between 2014 and 2016. By components, the greatest investment was in capital goods and transport material. This investment dynamism was greater than that in the Eurozone, and has been … Continued

The Barometer of the Círculos 2017

The Barometer of the Círculos, now in its fourth edition, maintains its commitment to Spanish society to help resolve the imbalances that persist in the wake of the recent economic crisis. This objective is shared by the Círculo of Entrepreneurs, the Círculo of Economy and the Círculo of Basque Entrepreneurs, and has been since the … Continued

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Así está… the economy May 2017

SPAIN Advanced GDP 1Q 2017 (INE)) In the 1Q of 2017 the GDP grew by 0.8% quarter-on-quarter and 3% year-on-year. Employment April 2017 (Ministry of Employment and Social Security) In April the average affiliation to Social Security grew 1.18% to reach 18,122,222 employed persons. In year-on-year terms, there were 658,387 more affiliates (+3.77%), the best … Continued

Así está… the company march 2017

Financing sources Between 2010 and 2015, the non-financial companies on the IBEX 35 reduced their debts with credit institutions by 39.8%, from 138 billion euros to 83 billion euros. In terms of balance sheet structure, bank financing (% financial liabilities) for these companies went from 53 to 36.5%. Likewise, fixed income financing (corporate debt) increased … Continued

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Así está… the economy February 2017

SPAIN Employment January 2017 (Ministry of Employment and Social Security) Registered unemployment rose by 57,257 persons from December to reach 3,760,231, one of the lowest levels of the past seven years. In year-on-year terms, the number of people without work dropped by 390,524 (down 9.41%), the largest decline since 1999. In December there were 1,633,592 … Continued

Así está… the company January-February 2017

Risk Capital in Spain 2016 balance After six months of political uncertainty, investment activity was more vigorous in the second half of 2016, something explained in part by seven large operations that accounted for 47% of the year’s total investments. According to the initial estimates by Ascri, risk capital in Spain finished 2016 with total … Continued

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