Spanish Family Businesses Optimistic About Spain's Economy in Q2

Spanish Family Businesses Optimistic About Spain's Economy in Q2

Spanish family businesses are optimistic about Spain's Q2 economy. The best immigration news is on the Worldway official investment immigration website.

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According to the latest Family Business Barometer report released by KPMG, 63% of Spanish family businesses are optimistic about Spain's economy in the second quarter, and 73% of companies indicate they will increase investment.

 

The survey results show that the operating conditions of Spanish family businesses are improving. Among the 125 family businesses surveyed, 36% have increased jobs in the past six months, and the percentage of companies laying off employees has dropped from 37% to 15%. Companies with financing difficulties also decreased from 61% to 30%. About 50% of the companies saw their business performance grow, higher than the European average of 44%. 71% of Spanish companies have expanded their overseas business, far higher than the European average of 58%. Regarding preferred investment destinations, Europe remains the main choice, while Asia is the second. Six months ago, the decline in turnover was the main concern for 60% of the companies; now, the main worry for 48% of the companies is how to increase profits. Spanish family businesses believe their main competitive advantages lie in five areas: customer service, operating capability, fast and flexible decision-making, branding, and employee loyalty.

 

Spanish Finance Minister De Guindos: The economic growth rate of Spain in 2014 is expected to be around 1.2%.

 

On this basis, Worldway Immigration, as a leading organization in the European property investment immigration industry in China, must remind our Chinese compatriots interested in investing in European property that Spanish property is very cost-effective, and the euro exchange rate has also been declining year by year over the past few years. It is precisely because of economic downturn that Spain is opening its doors to foreign investors. Buying a property of 500,000 euros allows the whole family to immigrate to Spain, a country with fascinating scenery. This is a once-in-a-lifetime opportunity, and we hope investors can seize it.

 

Editor: Worldway

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