Connect with us

Another Europe News

Spanish unemployment falls, more austerity promised

Published

2 years ago

on



http://www.euronews.com/ There was some good news on jobs for Spain but more austerity is coming.

The total number of people out of work there fell by nearly 100,000 in June.

That is traditionally a good month for employment as the tourism season begins but this was the best June on record. It was also the third month in a row the jobless rate has fallen.

Economy Minister Luis de Guindos was cautious and warned it was too early to tell if this was a trend.

“The last thing I will do as economy minister is create false expectations. I know we are in a complicated situation and, regarding the figures, let’s hope they’re consolidated. What we have to do is keep working so this month’s figure becomes consolidated,” he said.

The number of people registered as jobless fell across all of Spain’s 17 autonomous regions, with the country’s dominant service sector taking on the bulk of new workers.

The jobless rate among under 25-year-olds, the worst affected by the crisis, fell by close to eight percent.

As the total number of jobseekers fell to just over 4.6 million, de Guindos also said the government is considering raising consumer, energy and property taxes to meet its deficit reduction target.

He told a business conference in Madrid: “We will make additional efforts so that we can guarantee fulfilling the deficit reduction objectives and we will have to look at which parts of the different areas of the administration need to make an additional effort.”

The economy minister also told reporters that Spain’s struggling banks could get their rescue money within weeks.

He revealed that talks over the terms of their bailout from a European fund are moving swiftly.

He said so-called ‘bad banks’, where toxic real estate assets are parked to be sold off later, would form part of the memorandum of understanding for European financial assistance due to be signed by 9 July.

Find us on:
Youtube http://bit.ly/zr3upY
Facebook http://www.facebook.com/euronews.fans
Twitter http://twitter.com/euronews

source

Related Topics:
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Another Europe News

Ukraine opens new cluster of negotiations on EU membership track

Published

3 minutes ago

on

July 16, 2026

By



The European Union and Ukraine on Tuesday opened a new cluster of negotiations, as part of the process for the country to join the Union.

source

Continue Reading

Another Europe News

Latest news bulletin | July 10th, 2026 – Morning

Published

1 hour ago

on

July 16, 2026

By



Latest news bulletin | July 10th, 2026 – Morning

Catch up with the most important stories from around Europe and beyond this July 10th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.

READ MORE : http://www.euronews.com/2026/07/10/latest-news-bulletin-july-10th-2026-morning

Subscribe to our channel: https://www.youtube.com/c/euronews?sub_confirmation=1
Watch our LIVE here: https://www.youtube.com/c/euronews/live

Subscribe to our thematic channels:
NoComment: https://www.youtube.com/c/nocommenttv?sub_confirmation=1
Euronews Green: http://bit.ly/2sMsaDB
Euronews Next: https://www.youtube.com/c/EuronewsNext?sub_confirmation=1
Euronews Travel: https://www.youtube.com/c/EuronewsTravel?sub_confirmation=1

Euronews is available on YouTube in 12 languages: https://www.youtube.com/user/euronewsnetwork/channels

#TopNewsStoriesToday

source

Continue Reading

Another Europe News

Grand Voyager | Exploring Budapest

Published

2 hours ago

on

July 16, 2026

By



Grand Voyager | Exploring Budapest

In 2025, Budapest welcomed a record eight million visitors, making it one of Central Europe’s most popular destinations. So what is it about this city that attracts so many travellers?

In partnership with Media City

READ MORE : http://www.euronews.com/2026/07/15/grand-voyager-exploring-budapest

Subscribe to our channel: https://www.youtube.com/c/euronews?sub_confirmation=1
Watch our LIVE here: https://www.youtube.com/c/euronews/live

Subscribe to our thematic channels:
NoComment: https://www.youtube.com/c/nocommenttv?sub_confirmation=1
Euronews Green: http://bit.ly/2sMsaDB
Euronews Next: https://www.youtube.com/c/EuronewsNext?sub_confirmation=1
Euronews Travel: https://www.youtube.com/c/EuronewsTravel?sub_confirmation=1

Euronews is available on YouTube in 12 languages: https://www.youtube.com/user/euronewsnetwork/channels

#GrandVoyager

source

Continue Reading

Another Europe News

US launches strikes on Iran for third straight night as Trump says deal still ‘possible’

Published

3 hours ago

on

July 16, 2026

By



US launches strikes on Iran for third straight night as Trump says deal still ‘possible’

Following the latest US strikes, the UAE said Iran attacked two ships in the Strait of Hormuz with missiles, as Iran said it carried out strikes on Bahrain.

READ MORE : http://www.euronews.com/2026/07/14/us-launches-strikes-on-iran-for-third-straight-night-as-trump-says-deal-still-possible

Subscribe to our channel: https://www.youtube.com/c/euronews?sub_confirmation=1
Watch our LIVE here: https://www.youtube.com/c/euronews/live

Subscribe to our thematic channels:
NoComment: https://www.youtube.com/c/nocommenttv?sub_confirmation=1
Euronews Green: http://bit.ly/2sMsaDB
Euronews Next: https://www.youtube.com/c/EuronewsNext?sub_confirmation=1
Euronews Travel: https://www.youtube.com/c/EuronewsTravel?sub_confirmation=1

Euronews is available on YouTube in 12 languages: https://www.youtube.com/user/euronewsnetwork/channels

source

Continue Reading

Another Europe News

Targeting Patriarch Kirill risks fuelling EU scepticism, Bulgarian foreign minister warns

Published

4 hours ago

on

July 16, 2026

By



Targeting Patriarch Kirill risks fuelling EU scepticism, Bulgarian foreign minister warns

Velislava Petrova-Chamova told Euronews that the EU’s sanctions against Russia should have a financial impact and not be a symbolic instrument – and that this, among other reasons, is why Sofia championed the removal of the head of Russia’s Orthodox Church from the 21st sanctions package.

READ MORE : http://www.euronews.com/2026/07/14/targeting-patriarch-kirill-risks-fuelling-eu-scepticism-bulgarian-foreign-minister-warns

Subscribe to our channel: https://www.youtube.com/c/euronews?sub_confirmation=1
Watch our LIVE here: https://www.youtube.com/c/euronews/live

Subscribe to our thematic channels:
NoComment: https://www.youtube.com/c/nocommenttv?sub_confirmation=1
Euronews Green: http://bit.ly/2sMsaDB
Euronews Next: https://www.youtube.com/c/EuronewsNext?sub_confirmation=1
Euronews Travel: https://www.youtube.com/c/EuronewsTravel?sub_confirmation=1

Euronews is available on YouTube in 12 languages: https://www.youtube.com/user/euronewsnetwork/channels

#EuropeToday

source

Continue Reading

Trending

On this website we use first or third-party tools that store small files (cookie) on your device. Cookies are normally used to allow the site to run properly (technical cookies), to generate navigation usage reports (statistics cookies) and to suitable advertise our services/products (profiling cookies). We can directly use technical cookies, but you have the right to choose whether or not to enable statistical and profiling cookies. Enabling these cookies, you help us to offer you a better experience.