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Stories Tagged as

Spain

The Spanish Christmas Lottery is a cultural and economic phenomenon

by Lucia Benavides
Dec 19, 2017
The Spanish Christmas Lottery, one of the biggest draws in the world, has a payout of over 2 billion euros and a participation rate of 75 percent.
People line up for hours to purchase their Christmas lottery tickets in Spain. About 75 percent of adults in the country participate in the lottery draw each year. 
Zach Campbell/ for Marketplace
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"Schrodinger's declaration of independence" in Spain

by Anu Anand
Oct 11, 2017
Spanish businesses are confused after the latest developments in Catalonia.
Catalan regional government president Carles Puigdemont signs a document about the independence of Catalonia at the Catalan regional parliament in Barcelona on October 10, 2017. Catalonia's leader Carles Puigdemont said Tuesday he accepted the "mandate of the people" for the region to become "an independent republic," but proposed suspending its immediate implementation to allow for dialogue.
JOSEP LAGO/AFP/Getty Images
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Catalonia’s vote could shake up one of the world’s biggest soccer teams

by Golda Arthur
Oct 4, 2017
FC Barcelona is a soccer club, a global brand and a symbol of Catalan identity.
 Lionel Messi of FC Barcelona looks on as Catalan Pro-Independence flags are seen on the background during the La Liga match between Barcelona and SD Eibar at Camp Nou on September 19, 2017 in Barcelona, Spain. 
David Ramos / Getty Staff
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Catalans voted to separate from Spain. Now what?

by Kai Ryssdal
Oct 2, 2017
Ninety percent of the nearly 2.5 million votes were in favor of independence.
A man waving a pro-independence flag near a polling station in Barcelona.
Pau Barrena/Getty Images
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The big reason Catalonia wants to secede may be economic: it's one of the richest regions in Spain

by Marketplace Contributor
Sep 29, 2017
With a GDP of 266 billion euros, economists say Catalonia could be economically viable without Spain if it secedes in its Oct. independence referendum.
Merchandise stands have popped up all over Barcelona, selling everything from T-shirts to banners that say "Sí" for a "Yes" vote. The region is preparing for an independence referendum on Oct. 1 to secede from Spain, a move that the central government has declared illegal. 
Lucia Benavides/ for Marketplace
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In Europe, signs of economic recovery

by Andy Uhler
Jun 8, 2017
These past few years have been rough for the European economy. The Greek debt crisis; shaky banks in Italy; widespread unemployment in Spain. Now, though, there are signs that things are picking up. The European Central Bank, which frames economic policy for the eurozone — the 19 countries that use the euro as their currency […]
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Despite Spain's economic woes, families still go all out for first communion parties

by Marketplace Contributor
May 17, 2017
The celebration, like a small wedding, takes months to plan and can cost a few thousand dollars.
Arxé Moda is one of many clothing stores in Barcelona that specializes in custom-made dresses for first communions. The bridal-like gowns can cost anywhere from $400 to $500.
Lucia Benavides
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Spain election latest evidence of anti-austerity anger

by Kimberly Adams
Dec 21, 2015
Divisive results dealt a blow to the party that oversaw Spain's economic recovery.
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Spain's anti-austerity party flounders

by Stephen Beard
Dec 18, 2015
The leftist party Podemos is struggling as Spain's economy improves.
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Spain recovers as elections loom

by Stephen Beard
Dec 17, 2015
Ruling conservatives hope to be rewarded for overseeing an economic recovery.
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