Two important Spanish cities ranked high in the top of the best European destinations for opening and developing a startup. Madrid and Barcelona are among the first 15 best cities in Europe for starting a small business.
Spain has registered a minimum unemployment rate in the third quarter of 2015, after a few years in which the country was strongly affected by the economic crises and it lost thousands of jobs. The unemployment rate reached 21.18% falling from 25.93% at the beginning of 2015 and 26.94% in 2013, when it was registered the peak, during the crises.
After recovering from the economic crises, Spain has become one of the fastest growing European economies competing with the stronger ones, such as Germany, France and Italy. In the top of the “big four” European economies, Spain ranked on the first position and it is expected to expand by 3.2% in 2015 and by 2.5% in 2016, according to an estimation made by the specialists from the International Monetary Fund.
The foreign entrepreneurs who think about opening an online business in Spain or extend on the Spanish market should know that the online market in this country is growing and there are many opportunities especially for those interested in opening an e-commerce website.
Spain obtained a better credit rating – BBB+ – granted by the prestigious agency Standard & Poor’s that considered the good performances of the Spanish economy in the latest months.
The number of tourists who visited Spain, between January and August 2015, was 47.2 million – a higher figure than the one registered last year in the same period. In only one month – August – that is an important period for holidays in this country, Spain welcomed 9.2 million tourists that represent an increase of 1.6% compared to the same month in 2014.