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Spain plans to impose a 100% tax on property purchased by non-European Union residents to tackle its exacerbated housing crisis. The country’s warm climate and beaches have made it a popular ...
Unfinished buildings due to the crisis in A Coruña.. The residential real estate bubble saw real estate prices rise 200% from 1996 to 2007. [19] [20]€651 billion was the mortgage debt of Spanish families in the second quarter of 2005 (this debt continued to grow at 25% per year – 2001 through 2005, with 97% of mortgages at variable rate interest).
If credit starts flowing again, Spain could surprise us". [104] On 23 January 2014, as foreign investor confidence in the country has been restored, Spain formally exited the EU/IMF bailout mechanism. [177] By the end of March 2018, unemployment rate of Spain has fallen to 16.1% [178] and the debt is 98,30% of the GDP. [179]
In 2024, there were around 94 million tourists in Spain, compared to its 48 million population. [15] [16] The international tourist expenditure in 2024 was around 126 billion euros. [17] [clarification needed] Tourists to Spain can believe that their patronage is the main or only cause for the existence of local jobs in the areas they visit. [3]
Spanish factory activity grew at a fast pace again in September but supply-chain disruptions and raw material scarcity weighed on the sector, a survey showed on Friday. IHS Markit's Purchasing ...
"If I didn't see it, it didn't happen." "What you don't know can't hurt you." "Out of sight, out of mind." I haven't figured out which phrase best embodies the way European leaders are
This list of global issues presents problems or phenomena affecting people around the world, including but not limited to widespread social issues, economic issues, and environmental issues. Organizations that maintain or have published an official list of global issues include the United Nations, and the World Economic Forum.
Spain has an installed self-consumption capacity totaling 5,249 MW. This boom has largely been possible due to a progressive elimination of barriers and local incentives. [37] PS10 solar power tower. In Europe, Spain comes second in terms of wind energy generation and the fourth in terms of installed capacity with a capacity of 30.8 GW.