SPAIN

Stephanie D·souza 1010

OECD. including the tenthhighest quality of life index rating in the world. ‡ It is a developed country with the twelfth largest economy in the world by nominal GDP. European Union. ‡ The two largest cities in Spain are Madrid and Barcelona. and WTO. NATO. ‡ It is a member of the United Nations. ‡ A very high living standards. Madrid being the capital. .‡ Spain is the second largest country in Western Europe. as of 2005.

The Spanish territory is divided into 50 provinces. Spain also includes the Balearic Islands in the Mediterranean Sea. extensive coastlines. ‡ ‡ ‡ .Geography ‡ ‡ ‡ Spain is the world's 51st-largest country. On the west. Spain borders Portugal. On the south. the Canary Islands in the Atlantic Ocean. it borders Gibraltar (a British overseas territory) and Morocco. Spain has a mild climate.

Spanish life is lived in the streets. The dish for which Spain is most famous is paella.Culture ‡ ‡ ‡ ‡ ‡ ‡ Modern. stylish Life is slow paced Roman Catholic 94% Spain likes its sports particular soccer. street cafes and bars. conservative. .

is the musical genre in Spain that uses rapid passages and intricate footwork.‡ Bullfighting is considered an art in Spain. . It is one of the popular attractions and the biggest and most controversial sports in Spain. ‡ Flamenco.

‡ Head of State ‡ King Juan Carlos I. ‡ Deputy Prime Minister and Minister for the Presidency: Soraya Sáenz de Santamaría. since 22 November 1975 ‡ Head of Government ‡ Prime Minister of Spain: Mariano Rajoy Brey. elected 20 November 2011.Government ‡ Spain is a democracy organised in the form of a parliamentary government under a constitutional monarchy. ‡ Cabinet ‡ Council of Ministers designated by the Prime Minister. .

Spain is the world's leading olive grower: the olives are used to produce top grade olive oil and are also pickled and eaten as a condiment. Agriculture.Economy ‡ Spain's capitalist mixed economy is the twelfth largest worldwide and the fifth largest in the European Union. and a significant manufacturer of farm commodities. ‡ ‡ ‡ . making Spain the last major economy to emerge from the global recession. Spain is traditionally an agricultural country. including forestry and fishing account for 5% of the labour force. ending a 16-year growth trend.7% in 2009.2% in 2010. After almost 15 years of above average GDP growth. as well as the Eurozone's fourth largest. and by another 0. the GDP contracted by 3.

more than three times the euro-zone limit. The government budget deficit worsened from 3. The government oversaw a restructuring of the savings bank sector in 2010.‡ The reversal in Spain's economic growth reflected a significant decline in construction amid an oversupply of housing and falling consumer spending.8% of GDP in 2008 to 9. and provided some $15 billion in capital to various institutions.2% of GDP in 2010. while exports actually have begun to grow.006 Euros.121 Euros authorised share capital. The rate of taxation is 19% for individuals Public Limited Company Minimum 25% paid up share capital. Private Limited Company Minimum share capital 3. Minimum 60. ‡ ‡ ‡ ‡ .

.Foreign Relations ‡ As a member of NATO since 1982. Spain has established itself as a major participant in multilateral international security activities. ‡ Spain's EU membership represents an important part of its foreign policy. Spain prefers to coordinate its efforts with its EU partners through the European political cooperation mechanisms. ‡ Even on many international issues beyond western Europe.

‡ Spain is also Europe's main producer of wind energy.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.

Gracias .

References ‡ http://en.spainaccountants.wikipedia.com/spain/economy_profile.com/ct.html .html ‡ http://www.com/hub/Fun-Facts-aboutSpain ‡ http://www.org/wiki/Spain ‡ http://funfacter.hubpages.indexmundi.

Sign up to vote on this title
UsefulNot useful