Europe is recovering: so... come to Spain!
Friday, October 2, 2009 @ 1:09 PM
The European Commission has released the latest economic sentiment index, which in the eurozone reaches 82.8 points, after growing in two points during the last month. In the whole European Union, this index increased 1.6 points and stood at 82.6. The figures from both regions reflect the sixth consecutive increase in this economic index.
Despite the rise that the latest data highlight , the European Commission itself ensures that these levels are below historical averages and that the increase recorded in September is the lowest since it began its recovery in April. Moreover, the increase in the economic sentiment index did not occur equally in all member countries. While France and the Netherlands rose by 4.7 and 4.5 points respectively. Spain suffered a deterioration of -1.2 points.
In addition, the Business Climate Indicator (BCI) also improved in the euro area and is situated in September at -2.07 points. The data have slowed its upward path with respect to previous months, reflecting very low levels when taking into account its historical development. Although improved BCI reflects a general trend of improvement in production in recent months, their contention still suggests that the growth of industrial production in August was largely negative.
So, it seems you will start getting ready to come back to Spain for your holidays soon again.
Better services for foreign tourists and foreign residents in Spain, we need to offer more than just sun , beach, siesta, paella and sangria. That is definitely our main future source of richness... if we make it happen and it happens proffessionally.
What do you think?
Montseny ( Gerona), Cataluña , Spain by Elsemiguel at Flickr.com