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ECONOMIC TIES
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Since the 1990s some Spanish companies have gained multinational status, often expanding their activities in culturally close Latin America. Spain is the second biggest foreign investor there, after the United States. Spanish companies too have expan... |
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ENERGY
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The Comisión Nacional de la Energía (National Energy Commission) is the regulatory body for energy systems, created by Law 34/1998, of 7 October of the Hydrocarbons Sector, and developed by Royal Decree 1339/1999, of 31 July, which approved its regul... |
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PRICES
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Due to the lack of own resources, Spain has to import all of its fossil fuels. In a scenario of record prices this means adding much pressure to the inflation rate. In June 2008 the inflation rate reached a 13-year high at 5.00%. Then, with the drama... |
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EMPLOYMENT CRISIS
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As for employment, a longtime weakness of the Spanish economy, after having completed large improvements over the second half of the 1990s and during the 2000s, which put a few regions on the brink of full employment, Spain suffered a severe setback ... |
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THE 2010 EURO DEBT CRISIS
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In the first weeks of 2010, renewed anxiety about the excessive levels of debt in some EU countries and, more generally, about the health of the euro has spread from Ireland and Greece to Portugal, and to a lesser extent in Spain and Italy.Many econo... |
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SPANISH BANKING SYSTEM
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The Spanish banking system has been credited as one of the most solid of all western banking systems in coping with the ongoing worldwide liquidity crisis, thanks to the country's conservative banking rules and practices. Banks are required to have h... |
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GROWING REDUCTION OF EUROPEAN UNION FUNDS SPAIN
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Capital contributions from the EU, which contributed significantly to economic empowerment Spanish since joining the EEC, decreased considerably in recent 20 years due to economic standardization in relation to other countries and the effects of EU e... |
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GROWING REDUCTION OF EUROPEAN UNION FUNDS IN SPAIN
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Capital contributions from the EU, which contributed significantly to economic empowerment Spanish since joining the EEC, decreased considerably in recent 20 years due to economic standardization in relation to other countries and the effects of EU e... |
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GROWING REDUCTION OF EUROPEAN UNION FUNDS
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Capital contributions from the EU, which contributed significantly to economic empowerment Spanish since joining the EEC, decreased considerably in recent 20 years due to economic standardization in relation to other countries and the effects of EU e... |
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ECONOMY OF SPAIN
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The economy of Spain is the twelfth-largest economy in the world, based on nominal GDP comparisons, and the fifth-largest in Europe. It is regarded as the world's 20th most developed country. Until 2008 the economy of Spain had been regarded as one o... |
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