8/3/2019 1010 - Spain

1/12

SPAIN

Stephanie Dsouza

1010

8/3/2019 1010 - Spain

2/12

Spain is the second largest country in WesternEurope.

It is a developed country with the twelfth largesteconomy in the world by nominal GDP.

A very high living standards, including the tenth-

highest quality of life index rating in the world, as of2005.

The two largest cities in Spain are Madrid andBarcelona, Madrid being the capital.

It is a member of the United Nations, EuropeanUnion, NATO, OECD, and WTO.

8/3/2019 1010 - Spain

3/12

Geography Spain is the world's 51st-largest country.

On the west, Spain borders Portugal.

On the south, it borders Gibraltar (a British overseasterritory) and Morocco.

Spain also includes the Balearic Islands inthe Mediterranean Sea, the Canary Islands in the AtlanticOcean.

The Spanish territory is divided into 50 provinces.

Spain has a mild climate, extensive coastlines.

8/3/2019 1010 - Spain

4/12

Culture Modern, conservative, stylish

Life is slow paced

Roman Catholic 94%

Spain likes its sports particular soccer.

Spanish life is lived in the streets, street cafes and bars.

The dish for which Spain is most famous is paella.

8/3/2019 1010 - Spain

5/12

Bullfighting is considered an art in Spain. It is one

of the popular attractions and the biggest and mostcontroversial sports in Spain.

Flamenco, is the musical genre in Spain that usesrapid passages and intricate footwork.

8/3/2019 1010 - Spain

6/12

Government Spain is a democracy organised in the form of a

parliamentary government under a constitutionalmonarchy.

Head of State King Juan Carlos I, since 22 November 1975

Head of Government

Prime Minister of Spain: Mariano Rajoy Brey,elected 20 November 2011.

Deputy Prime Minister and Minister for thePresidency: Soraya Senz de Santamara.

Cabinet

Council of Ministers designated by the PrimeMinister.

8/3/2019 1010 - Spain

7/12

Economy Spain's capitalist mixed economy is the twelfth

largest worldwide and the fifth largest in the European Union,as well as the Eurozone's fourth largest.

Spain is traditionally an agricultural country, and a significant

manufacturer of farm commodities. Agriculture, includingforestry and fishing account for 5% of the labour force.

Spain is the world's leading olive grower: the olives are usedto produce top grade olive oil and are also pickled and eatenas a condiment.

After almost 15 years of above average GDP growth, theGDP contracted by 3.7% in 2009, ending a 16-year growthtrend, and by another 0.2% in 2010, making Spain the lastmajor economy to emerge from the global recession.

8/3/2019 1010 - Spain

8/12

The reversal in Spain's economic growth reflected asignificant decline in construction amid an oversupply ofhousing and falling consumer spending, while exportsactually have begun to grow.

The government budget deficit worsened from 3.8% of GDPin 2008 to 9.2% of GDP in 2010, more than three times theeuro-zone limit.

The government oversaw a restructuring of the savingsbank sector in 2010, and provided some $15 billion incapital to various institutions.

The rate of taxation is 19% for individuals

Public Limited CompanyMinimum 25% paid up share capital.Minimum 60,121 Euros authorised share capital.

Private Limited Company

Minimum share capital 3,006 Euros.

8/3/2019 1010 - Spain

9/12

Foreign Relations As a member of NATO since 1982, Spain has

established itself as a major participant inmultilateral international security activities.

Spain's EU membership represents an importantpart of its foreign policy.

Even on many international issues beyond westernEurope, Spain prefers to coordinate its efforts with

its EU partners through the European politicalcooperation mechanisms.

8/3/2019 1010 - Spain

10/12

Energy Spain is one of the world's leading countries in the

development and production of renewable energy.

In 2010 Spain became the solar power world leader

when it overtook the United States.

Spain is also Europe's main producer of windenergy.

8/3/2019 1010 - Spain

11/12

Gracias

8/3/2019 1010 - Spain

12/12

References http://en.wikipedia.org/wiki/Spain

http://funfacter.hubpages.com/hub/Fun-Facts-about-

Spain

http://www.spainaccountants.com/ct.html

http://www.indexmundi.com/spain/economy_profile.html