León Brothers Crowned Runners-Up at the Spanish Frontenis Championships and Qualify for the European Championship

León Brothers Crowned Runners-Up at the Spanish Frontenis Championships and Qualify for the European Championship

Guadassuar, Valencia – April 2025At the end of April, the town of Guadassuar in Valencia hosted the Spanish Frontenis Olympic 30M Championship – First Division, bringing together the top frontenis players from across the country for a high-level competition. Among the standout athletes were Adrián and Hugo León, representing the Real Club Náutico de Tenerife […]

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Retail Sales Grow by 3.9% in the Canary Islands, with Strong Employment Growth in the Sector

Retail Sales Grow by 3.9% in the Canary Islands, with Strong Employment Growth in the Sector

Retail trade in the Canary Islands continues to show solid performance. In March 2025, the annual variation rate of the general retail trade index at constant prices —which eliminates the effect of price changes— provisionally stood at 3.9%, slightly above the national average of 3.7%. This places the Canary Islands ninth in the national ranking

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Canary Islands Increase Foreign Trade in Early 2025 but Maintain a Large Trade Deficit

Canary Islands Increase Foreign Trade in Early 2025 but Maintain a Large Trade Deficit

Imports to the Canary Islands during the first two months of 2025 reached a provisional value of €3.74 billion, representing a 2.8% increase compared to the same period in 2024, according to data from the Canary Islands Institute of Statistics (ISTAC). Exports, on the other hand, totaled €668.02 million, marking a 5.6% rise over January

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Business confidence rises slightly in Q2 2025, driven by transport and hospitality

Business confidence rises slightly in Q2 2025, driven by transport and hospitality

Business confidence in Spain has seen a slight 0.1% increase in the second quarter of 2025 compared to the previous quarter, according to the latest data published by the National Statistics Institute (INE). This modest improvement is mainly driven by the transport and hospitality sectors, which posted the highest increase at 1.6%. In contrast, the

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Canary Islands Lead Retail Employment Growth and Rank Among Top Regions in Sales Increase

Canary Islands Lead Retail Employment Growth and Rank Among Top Regions in Sales Increase

Retail activity in the Canary Islands continues to show strong performance. In February 2025, the annual variation rate of the general retail trade index at constant prices — that is, excluding the effect of price changes — stood provisionally at 2.2%, well above the national average of 0.8%. This places the Canary Islands in third

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Employment in the Canary Islands continues to rise: March records 937,245 Social Security affiliations

Employment in the Canary Islands continues to rise: March records 937,245 Social Security affiliations

Average affiliations grow by 3.4% compared to March 2024 In March 2025, the average number of Social Security affiliations in the Canary Islands reached 937,245, reflecting an increase of 3,149 affiliations compared to the previous month. On a year-on-year basis, the growth was even more significant, with 30,991 more affiliations than in March 2024, representing

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Employee compensation reaches its highest share of the EU GDP in 2024

Employee compensation reaches its highest share of the EU GDP in 2024

In 2024, employee compensation was the main component of income in the European Union (EU), accounting for 47.9% of GDP and 48.5% in the eurozone. This marked an increase of 0.9 and 0.8 percentage points (pp) respectively compared to 2023. Fourteen countries exceeded the EU average in this indicator, with Latvia (55.4%), Germany (54.5%), and

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EU Economy Continues to Grow with Record Employment and Lower Inflation in 2025

EU Economy Continues to Grow with Record Employment and Lower Inflation in 2025

The European Union’s economy maintained its steady growth at the end of 2024 and into early 2025, with moderate GDP expansion and record employment levels. According to the latest data, the job vacancy rate remained stable, while labor market slack reached historic lows. In January 2025, unemployment remained at its lowest level since late 2024.

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