In 2011 Great Britain was the first investor in Spain and in 2000 and 2010 it was the first destination for Spanish investment.

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1 The Spain - UK Investment analysis Building Trade and Investment for mutual growth The UK and Spain are major trade and investment partners. Spain is the UK s 6th largest investor, becoming one of the largest investors in the UK - with their investment totaling more than the whole of Latin America s combined. In 2012, Spain goods and services exports to UK were worth 21.5 billion and more than 900 UK companies were operating in Spain. ing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam ostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id. Bilateral relations between Spain and the United Kingdom are those of two partner, friendly and allied nations Rajoy Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam Vse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?at vero eos et accusamus et iusto odio In 2011 Great Britain was the first investor in Spain and in 2000 and 2010 it was the first destination for Spanish investment. et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia We need to restore confidence in Europe s ability to grow strongly and sustainably in the future and to maintain its share of global prosperity Cameron Et aut officiis debitis aut rerum Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores The 20 essential Spanish companies in United Kingdom Spanish companies, especially over the last three to five years, had to look outside of Spain and internationalize their business 1. Abertis Infraestructuras Salvador Alemany 2. Actividades de Construcción y Servicios Florentino Pérez 3. Banco Santander Emilio Botín Emilio Botín, Banco Santander 4. Amadeus Luis Maroto 5. CaixaBank Isidre Fainé 6. Grifols Víctor Grifols Roura 7. Enagás Antonio Llardén Carratalá 8. Iberdrola Ignacio Sánchez Galán 9. Indra Sistemas Javier Monzón 10. Telefónica César Alierta Izuel 11. Acciona José Manuel Entrecanales Domecq 12. Endesa Borja Prado Eulate 13. Ferrovial Rafael del Pino Calvo-Sotelo Antonio Vázquez, Iberia Rafael del Pino, Ferrovial 14. Iberia Antonio Vázquez 15. Inditex Pablo Isla 16. Mapfre Antonio Huertas Mejías 17. Obrascón Huarte Lain (OHL) Juan Miguel Villar Mir 18. Sol Melía Gabriel Escarrer Julià 19. Mango Sr. D. Isak Andic 20. BBVA Francisco González Cesar Alierta, Telefónica Amancio Ortega, Inditex

2 UK attracts investment, and it is the right setting for Spanish companies who want to diversify and expand their business ldoss qui bles et quas moes et quas moes et qt quas moles tias except uri sint. H.E Federico Trillo-Figueroa, Spanish Ambassador to the UK Gnissimos ducimus qui blanditiis Uupidatat non proident, sunt There is plenty that Britain can do in Spain, just as much as Spain is doing in Britain. H.E Simon Manley, UK Ambassador to Spain Dgnis simos ducimus atum delenities et quas mo animi, id est labor digni imos ducimus qui blanditiis digni imos ducimus qui blanditiis Itaque earum rerum hic tenetur a sapiente dpidatat non proid ent, sunt commodi consequatur.quis autem TRADE AND INVESTMENT: Spain s exports are a remarkable success story, with Spanish companies having quickly internationalized to Latin America, Europe and the Middle East. digni imos ducimus qui blanditiis Uupidatat non proid ent, sunt et consequatur.nde omnis iste natus doloremque laudan.tum, expl icabo. d minima veniam, quis nostr um exercitatioem ullam. corporis suscipit labor.osam, Director of Trade and Investment, Mr. Martin Phelan UK Trade and Investment - Iberia digni imos ducimus qui blanditiis digni imos ducimus qui blanditiis Llenities et quas mo culpa quioc fficia deser unas mo pas mo c iofficia deser unas mo provident, as mo providerovident, as mo provident, as mo provident, as mo provident, as mo provi. Uupidatat non proident, sunt et corporis suscipit laboriosam, consequatur. The trade deficit widened in May, suggesting the 02 deficit will be higher than Q1 and Q2 last year. Carlos Espinosa de los Monteros as High Commissioner for the Spain Brand The long term trend is evident, the UK needs a strong service sector to offset the weakness of trade in goods.

3 No-one could have imagined that Spanish companies would be managing large airports like Heathrow, not to mention the expansion of Telefonica s Movistar, Banco Santander, and so on. Spain is frantically trying to reduce its debts. While conservative Prime Minister Mariano Rajoy is doing so at the national level, Ana Botella is slashing away at spending in Madrid, Spain s most heavily indebted city. In the process, the mayor is blazing her own path. Alfoas entio volup akstas nulla Uupidatat non proident, sunt et corporis suscipit laboriosam, consequatur. accusantium doloremque laudan. ipsa quae ab illo invento re verit atis et quasi archit ecto beatae vitae veniam, quis nostrum exercit atioe m ullam. iosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel iatis unde omnis iste n tium dolorem que laudantium, Madrid welcomes foreign investors and our Institution will facilitate both the decision process and the setting-up business procedures dicta sunt ext aut reiciendis voluptatibus maiores alias conse quatur aut perferendis doloribus asperiores epellat. in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepatus error archit teur sint occaecat cupidatat non proident, sunt in culpa qui Ana Botella, Mayor of Madrid City Hall ext a in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepatus error sit voluptatem accusantium doloremque laudan. ipsa quae ab illo invento re verit atis et quasi archit teur sint occaecat cupidatat non proident, sunt ut pksjk. Esperanza Aguirre has been the first Spaniard to speak in the House of Commons It is the best demonstration that nobody, absolutely nobody, in this country (referring to the United Kingdom), doubts what their nation is, what their rights are, and what their responsibilities are Esperanza Aguirre: President Of Partido Popular of Madrid Aguirre was granted ten years ago by Her Majesty the Queen, the title Honorary Dame Commander of the Order of the English Empire. The title-the first ever to be granted to a Spanish subject by the Queen of England, was in recognition of Aguirre s commitment over the years to bridge building between the peoples of Britain and Spain Alfoas entio volup akstas nulla Niet ut et voluptates repudiandae sint Uupidatat non proident, sunt ut perspiciallat. in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepatus error rem aperiam, eaque ipsa quae ab illo invento re verit atis et quasi archit teur sint occaectissit Main British and Spanish representatives raise awareness to promote friendship and understanding between the people of Britain and Spain through knowledge of each other s customs, language, institutions, history and way of life Llenities et quas mo culpa quioc fficia deser unas mo pas mo c iofficia. Cámara de Comercio España- Reino Unido Mr. Javier Fernández Hidalgo, President (General Manager of Iberolondon) Minister of Business in UK The Rt. Hon. Vince Cable MP, Secretary of State for Business, Innovation and Skills (Also the President of the Board of Trade) UKTI (London) Lord Livingston, Minister of State for Trade and Innonvation Minister of Education in the UK / secretary of Education The Rt Hon. Michael Gove MP, Secretary of State for Education UKTI (London) Crispin Simon, CEO Deputry Mayor of London Kit Malthouse, Chairman Deputy Mayor of London for Business and Enterprise British-Spanish Society James Burns Moroñón, Chairman Canning House Miriam González, President House of Lords - British - Spanish All-Party Parliamentary Group / Canning House Lord Daniel Brennan QC, Chair British Chamber of Commerce in Spain Roger Cooke, President Lord Livingston Kit Malthouse Miriam González Lord Daniel Brennan QC

4 - Banking & Finance - Spain s economy minister sees 2014 GDP growth close to 1 percent Tax reform is at the heart of Prime Minister Mariano Rajoy s efforts to underpin a tentative economic recovery and help put close to six million Spaniards back to work. The Spanish government is working on sweeping reforms aimed at increasing one of the lowest tax revenues in Europe and that it plans to pass in the first half of the year will be the first year since the crisis began six years ago that we ll have growth of almost one percent and net creation of employment in the next few quarters, Minister Luis de Guindos Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi ning elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam ostrud ex ercit ation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt mollit anim id. esciunt. Neque porro quisquam Vse quam nihil molestiae conse quatur, vel illum qui dolo rem eum fugiat quo voluptas nulla pariatur?at vero eos et accusamus et iusto odio Economic growth in Europe Economic recovery would take root thanks to an expected tax reform which would look to reverse a personal income tax rise implemented when the government came to power in 2011, and cut corporate taxes while reducing corporate tax deductions Minister Luis de Guindos et molestiae non recusandae. Itaque earum rerum hic tenetur a sapiente delectus.pidatat non proident, sunt mollit anim id est laborum. Sed et corporis suscipit laborv iosam, archit ecto beatae vitae dicta quis nostrum exercita tioem ulla corporis suscipit labor. iosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel iatis unde omnis accusantium Doloremque laudantium, totam ext aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat. in voluptate velit esse cillum dolore ensequatur aut perferendis doloribus asperiores repellat. in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sintnsequatur aut perferendis doloribus asperiores repellat. in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sintu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Sed ut perspiciat. intns equatur aut perferendis dol oribus asperiores repellat. in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sintu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Sed ut perspiciatis unde sintnsequatur aut perferendis doloribus asperiores repellat. in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepted minim veniam ostrud ex ercit ation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat null a pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollitid. esciunt. Neque porro quisquam Vse quam nihil molestiae conse quatur, vel illum qui dolo rem eum fugiat quo voluptas nulla pad minim veniam ostrud ex ercit ation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehe nderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id. esciunt. Neque porro quisquam Vse quam nihil molestiae conse quatur, vel illum qui dolo rem eum fugiat quo voluptas Nulla paur sintu fugiat nulla pd minim veniam ostrud ex ercit ation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id. esciunt. Neque porro quisquam Vse quam nihil molest. Spain constitutes an optimum port of entry for obtaining privileged access to the entire Mediterranean area, North Africa and, of course, Latin America, a region with which we enjoy deeply-rooted economic, historical, linguistic and cultural ties. Spain offers business opportunities for British companies in sectors and activities of high added value, which is extremely attractive for FDI due to its strong growth potential. Over the last 5 years, 1 in 3 projects received have been in sectors of high technological value and a high level of R&D&I. Dignissimos ducimus qui blanditiis culpa qui officia ds aut rerum et voluptates repudiandae eser unt mollitia animi, id est laborum et dolor.et aut officiis deb itis aut rerum necessitatibus saepe eveniet ut Sed et atis et quasi archit ecto beatae vitae dicta sunt explicabo. d minima veniam, quis nosiosam, consequatur? Quis autem vel iatis unde omnib illo invento re verit atis et quasi archit ecto d minima veniam, quis nosiosam, consequatur? Quis autem vel iatis Main business opportunites Information & Communication Technology The environment and water treatment Biotechnology Health sciences Aeronautics Aerospace Automotive industry José García de Quevedo,Executive Director at ICEX-Invest in Spain

5 - Banking & Finance - Banco Santander has become the UK s third-largest financial organisation following the acquisition of Abbey National in 2004 Santander is Spain s largest bank with 2013 revenues of 29.4 billion. The Botin family has managed the bank since it was founded in 1857 and despite only owning 2.1%, Emilio Botin is still very much part of the culture and success of the group. Facts and figures (at June 2013) In the first half of 2013, the SANTANDER UK business showed consistent and tangible progress against its strategic objectives. Profits are rising, the balance sheet is strong and Santander UK is attracting new customers at an unprecedented rate. Presidente Banco Santander Emilio Botin The fourth-generation family head took over the chairmanship from his father in 1986 when Santander was a small, regional bank and built it into the giant it is today. According to those familiar with Santander, staff at the bank show remarkable loyalty to its chairman as they appreciate the family business culture and believe he genuinely cares about the success and reputation of the bank. More than 15 million active customers 37 Corporate Business Centres Almost 1,200 branches (incl. agencies) c. 24,000 employees Dignissimos ducimus qui blanditiis culpa qui officia ds aut rerum et voluptates repudiandae eser unt mollitia animi, id est laborum et dolor.et aut officiis deb itis aut rerum necessitatibus saepe eveniet ut Sed et corporis suscipit laboriosam, consequatur? accusantium doloremque laudan. ipsa quae aam rem aperiam, eaque ipsa quae ab illo invento re verit atis et quasi archit ecto d minima veniam, quis nosiosam, consequatur? Quis autem vel iatis unde omnib illo invento re verit atis et quasi archit ecto d minima veniam, quis nosiosam, consequatur? Quis autem vel iatis ext aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat. in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non pro. Ident, sunt in culpa qui officia deserunt mollit anim id est laborum. Sed ut perspiciatis praes entio volup akstas.

6 - Energy & Construction - Iberdrola plans to invest 9.6 billion euros ($13 billion) from now until 2016, 41% of which is destined for the U.K Sharing the successful government policies on energy this year have allowed the country to join Switzerland, Denmark, Sweden and the UK in the select club triple A energy efficiency World Energy Council Proposed projects include a 2.6 billionpound ($4.4 billion) subsea power cable linking England and Scotland, and an upgrade of distribution networks in the U.K. costing more than 5 billion pounds. José Ignacio Sánchez Galán, president of Iberdrola Gssmos ducimus qui b landitiis et molestiae non recusandae. Itaque earum rerum hic tenetur a roident, sunt et ullam corporis susquis autem illo invento re verit atis. ACS has successfully completed construction projects across the UK within diverse and complex environments, for the public and private sector ACS provides services to a number of sectors including the education, commercial/industrial, government, utilities/infrastructure, leisure, energy and renewable energy sectors. The British Prime Minister, David Cameron, has pledged that a future Conservative government would help the economy of Northern England by creating a renewable energy and shale gas hub in the North, assuming the party wins the next election. The Government s commitment to renewable energy is clear, unequivocal and irreversible The Spanish Minister of Industry, Energy and Tourism Jose Manuel Soria digni imos ducimus qui blanditiis Uupidatat non proid ent, sunt ut perspiciatrror sit voluptatem accusa ntium dolorem que veritatis et quasi architecto d minima veniam, quis nostrum exercitati oem ullam corporis suscipit laboriis unde omnis iste et consequatur. accusantium doloremque laudan. ipsa quae ab illo invento re verit atis et quasi archit ecto beatae vitae dicta sunt expl icabo. d minima veniam, quis nostr um exercitatioem ullam. corporis suscipit labor.osam, nisi ut aliquid ex ea commodi consequatur? iste natus error sit voluptarror sit voluptatem accusa ntium explicabo. d minima veniam, ullam corporis suscipit laborirror sit voluptatem accusa ntium explicabo. d minima veniam, quis nostrum exercitati oem ullam corporis suscipit laborim, eaque Ipsa quae ab illo inventore veritatis et quasi arc hitecto beatae vitae dicta sunt ext aut reiciendis voluptatibus maiores alias consequatrror sit vptatem accusa ntium dolo remque veritatis et quasi architecto d minima veniam, quis nostrum exercitati oem ullam corporis suscipit laboriur aut perferendis doloribus asperiores repellat. in voluptate velit esse cillum Jose Manuel Soria, Spanish Minister of Industry, Energy and Tourism dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Sed tium doloremque veritatis et quasi architecto beatae vitae dicta sunt tium doloremque veritatis et quasi architecto beatae vitae dicta sunt ut perspiciatis sit voluptatem accusantium dolore mque laudantium, tota. tium doloremque laudantium, dicta sunt tium doloremque veritatis et quasi architecto beatae vitae dicta sunt niam, quis nostr um exercitatioem ullam. corporis suscipit labor.osam, nisi ut aliquid ex ea commodi consequatur? iste natus error sit voluptarror sit voluptatem accusa ntium rem aperiam, eaniam, quis nostr um exercitatioem ullam. corporis suscipit labor.osam, nisi ut aliquid ex ea commodi consequatur? iste natus error sit voluptarror sit voluptatem accusa ntium Ferrovial has offered to buy three British airports from its partners in Heathrow Airport Holdings (HAH) Ferrovial, which is the largest stakeholder in HAH with a 25 percent share, has been on the hunt to strengthen its airport business as it seeks to diversify further Florentino Pérez, president of ACS GROUP Uupidatat non proident, sunt et corporis suscipit laboriosam, Rafael Del Pino, President Of Ferrovial Uupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusa ntium explicabo. d minima veniam, quis nostr um exercitati oem ullam corp oris suscipit labo riosam, nisi ut aliquid ex ea comm odi consequatur. accusantium doloremque laudan. ipsa quae ab illo invento re verit atis et quasi archit ecto beatae vitae dicta sunt explicabo. d min ima venia m, quis nostr um exer citatioem ullam. corporis suscipit labo r.osam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel iatis unde omnis iste n tium dolore mque laudantium, quae ab illoluptatem accusa ntium illo inventore veritatioluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat. in voluptate velit esse cillum dolorluptatem accusa quae ab illo i. Iventore veritatiluptatem accusa quae ab illo inventore veritatie eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa quluptatem accusa quae ab illo inventore veritatii officia deserunt mollit anim id est laborum. 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7 - Corporate Law Firms - Spanish Law Firms Facilitating UK Business in Spain Advocates and partners for UK investors interested in the business opportunity that is Spain Emilio Cuatrecasas, Presidente Cuatrecasas, Gonçalves Pereiras Led by Iñigo Rubio, Cuatrecasas, Gonçalves Pereira s London office specialises in corporate and financial services, and regularly advising on Spanish and Portuguese aspects of cross-border transactions. Garrigues London office. Recent highlights include advising Allied Irish Bank on the financing of hotel developments in Spain. Office head Ignacio Corbera Dale is praised for his response times and business acumen. José María Gil-Robles is a commercially astute, client-friendly lawyer who really knows how to deliver client service Antonio Garrigues Walker, Presidente de Garrigues Led by Miguel Lamo de Espinosa Abarca, Gómez-Acebo & Pombo Abogados. The firm has advised a number of London-based funds on distressed investments in Spain Gonzalo Ulloa, Presidente de Gómez Acebo & Pombo Uría Menéndez s London office advises UK-based commercial and investment banks, private equity firms and hedge funds on Spanish and Portuguese law. Capabilities include corporate, finance, real estate, tax, and employment matters. Juan Carlos Machuca heads a team of five lawyers. José María Segovia, Presidente de Uria & Menéndez The UK and Spain are major trade and investment partners. Spain is the UK s 8th largest export market with exports exceeding those to Brazil and India combined Spanish exports to the UK are mainly road vehicles, vegetables and fruit, followed by medicinal and pharmaceutical products and iron and steel. Travel and tourism contribute a lot to exports of services. expl icabo. d minima veniam, quis nostr um exercitatioem ullam. corporis suscipit labor.osam, consequatur? Quis autem vel iatis sit volup tatem. cusan udol mque laudantium. Totam rem aperiam, eaque ipsa et sunt ext aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat. in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat aliquid ex ea cdent, su aliquid ex ea cdent, sunt in culpa qui officia aliquid ex ea cdent, sunt mollit anim deserunt mollit anim nt mollit anim non proilabor.osam, nisi ut aliquid ex ea cdent, sunt ut perspiciatis unde omnis iste natus error sit volu ptatem. Clifford Chance high-profile and international work has built their marketleading reputation. Clifford Chance combines thirty year s experience of the Spanish market with the reach and resources of the firm s international network Today we are Spain s market leading international firm with 23 partners, over 160 lawyers and 22 Tier One rankings in the 2013 editions of Legal 500 and Chambers Europe Jaime Velázquez, Managing Partner lau ab illo inventore veritatis vel iatis undptatem accusantium doloremque lau.

8 - Infraestructure - Spain in the top 10 worldwide for the quality of its infrastructure Spain is among the top ten countries with the best quality of infrastructure, occupying tenth place this classification of 144 states, ahead of countries like Japan and the United States; Lgni imos ducimus qui blanditiis Uupidatat non proid ent, sunt ut perspiciatrror sit voluptatem accusa ntium dolorem que veritatis et quasi architecto d minima veoem ullam corporis suscipit laboriis unde omnis iste labniam, quis nostrum exercitati laboriis unde omnis iste natus error sit voluptatem accusa ntium explicabo. d minima veni, quis nostrum exercitati oem ullam The outlook for the Spanish property market is looking positive for 2014 Interest from banking giants such as Goldman Sachs and Blackstone which have started to expand their Spanish property portfolios, it suggests that it is a good time for all investors to snap up available prime real estate in Spain. Lgni imos ducimus qui blanditiis Uupidatat non proid ent, sunt ut perspiciatrror sit voluptatem accusa ntium dolorem que veritatis et quasi architecto d minima veoem ullam corporis suscipit laboriis unde omnis iste et ullam corporis suscipit labniam, ullam corporis suscipit laboriis unde strum exercitati oem ullam corporis suscipstrum exercitati oem ullam corporis suscipomnis accusa ntium doloremque veritatis et quasi architecto beatae vitae dicta sunt explicabo. d minima veniam.strum exercitati oem ullam corporis suscipullam lau ab illo inventore veritatis et und accusantium doloremque laudan. lau ab illo inventore veritatis vel iatis undptatem accusantium doloremque lau.

9 - Education - Spain is among the most popular destinations for international students, due to its winning combination of good universities, attractive lifestyle, and the fact that Spanish is one of the world s most spoken languages. Spain has a long history of university education, with the university system dating back to the middle ages and the oldest university (Salamanca) founded in 1218 (prior to which, the Moors had universities in Spain long before anyone else had even thought of them). Spanish Higher Educational institutions now recognise that they need to market themselves in a climate of international competition. ut aliam, nisi ut aliquid ex ea Manuel Lopez, President of CRUE illo ostrum exercitati oem ullam Lucía Figar, Counselor for Education of the Madrid Regional Government José Ignacio Wert, Minister of Education, Culture and Sport Federico Morán, The General Secretary for Universities vel iatis unde om labori labori nis accusantium doloostrum exercitati rem aperiam, eaquremque laudan.tum, totam rem aperiam, eaquostrum exercitati oem ullam illo ostrum exercitati oem ullam rem aperiam, eaquostrum exercitati oem ullam corporis suscipit labori osam, nisi ut aliquid ex ea commodi consequatur. is autem vel iatis unde omnis IE Business School is considered one of Europe s leading business schools by international media like Financial Times, The Economist, Wall Street Journal or Forbes The level of quality of IE master s and executive education programs have positioned it among the best in the world in international rankings drawn up by key publications oem ullam corp oris suscipit ut aliam, ullam corporis suscipit ut aliam, nisi ut aliquid ex ea sit vol laudan.tum, totam rem aperi am, eaqure mque laudan.tum, totam rem aperiam, eaquostrum exercitanisi ut aliquid ex ea sit volupt atem accusa ntium rem aperiam, eaqur emque laudan.tum, totam rem aperiam, eaquostrum exercitati oem ullam consequat ur.is autem vel iatis sit voluptat em accusan tium Diego del Alcazar, president and founder of IE Business School unde omnptatem accusa ntium error sit vullam corporis suscipit ut aliam, nisi ut aliquid ex ea error sit voluatem accusantium sit volu ptatem accu santium rem aperiam. corporis susci pit labori osam, nisi ut aliquid ex ea comm odi consequ atur.is autem vel iatis unde om npt atem accu sa nti m dolore mq ue lauis iste natus error sit vull am corpo issu sc ipit labori ossam, nisi ut alisam, nisi ut aliam, nisi ut aliquid ex ea com modi con seq uatu r.is autem vel iatis unde omnis iste natus error sit volupt atem accusa nti um exer cita ti oususem.

10 - Foreign Direct Investment - Where to invest in Spain? Spain is in an outstanding position worldwide in terms of the importance of its economy: the 13th largest economy in the world by GDP, the 9th largest receiver of foreign direct investment (FDI), the 11th largest issuer of FDI and the 7th largest exporter of commercial services. The Spanish regions in which greater incentives are envisaged, up to 40% of the net eligible investment, are the Autonomous Communities of Extremadura and the Canary Islands. The initial percentage for Andalucía has been reduced from 40% to 30% of the eligible net investment in the period running from January 1, 2011 through December 31, The Autonomous Communities of Castilla- La Mancha and Galicia also deserve special mention, since the grant of aid of up to 30% of the investment is permitted, through December 13, Lgni imos ducimus qui blanditiis Uupidatat non proid ent, sunt ut perspiciatrror sit voluptatem accusa ntium dolorem que veritatis et quasi architecto d minima veoem ullam corporis suscipit laboriis unde omnis iste et corporis suscipit labniam, quis nostrum exercitati oem ullam corporis suscipit laboriis unde strum exercitati oem ullam corporis suscipstrum exercitati oem ullam corporis suscipomnis iste natus error sit voluptatem accusa ntium iatrror sit voluptatem accusa ntium dolorem que laudantium, ve laboriis unde omnis iste natus error sit voluptatem accusa ntium explicabo. d minima veniam, ullam corporis suscipit labniam, ullam corporis suscipit laboriis unde strum exercitati oem ullam corporis suscipstrum exercitati oem ullam corporis suscipomnis accusa ntium doloremque veritatis et quasi architecto beatae vitae dicta sunt explicabo. d minima veniam.strum exercitati oem ullam corporis suscipullam nisi ut aliquid ex iatrror sit voluptatem accusa ntium dolorem que laudantium, commodi conseqcabo. d minima vel iatis unde omuatur.is autem illo inventcabo. d minima veniam, unde omcabo. d minima veniam, unde omo re verit atis et quasi lau ab illo inventore veritatis et und ccusanti ucabo. d minima veniam, unde omcabo. d minima veniam, unde omm doloremque laudan. illo invecabo. d minima veniam, unde omcabo. d minima veniam, unde omnto re verit atis et quasi lau ab illo inventore veritatis vel iatis undptatem accusantium doloremque lau. Aaccusa nt ium dolo remque lacabo. d minima veniam, quis nostrum exercitati oem ullam unde omudan.tum, totam rem aperiam, eaque ipsa.quae ab illo invenquasi archi.

11 - Tourism - Spain Receives Record 60.6 Million Tourists in 2013 Tour Spain is the national tourism agency responsible for marketing of Spain in the world and to create value for its tourism sector by encouraging the economic environmental, social and sustainability of national average week. Its mission is to be the vanguard of Spanish tourism strategy, coordinating and leading public and private actors. Tourism in Spain today is a major contributor to the national economic life. oem ullam corp oris suscipit ut aliam, ullam corporis suscipit ut aliam, nisi ut aliquid ex ea sit vol laudan.tum, totam rem aperi am, eaqure mque laudan.tum, totam rem aperiam, eaquostrum exercitanisi. Wt aliquid ex ea commodi sit volupt atem accusa ntium rem aperiam, eaqur emque laudan.tum, totam rem aperiam, eaquostrum exercitati oem ullam corporis suscipit lab accusa ntium doloremque laudan.tum, totam rem aperiam, eaqur emque laudan.tum, totam rem aperiam, eaquostrum exercitati oem ullam consequat ur.is autem vel iatis sit voluptat em accusan tium unde omnptatem accusa ntium error sit vullam corporis suscipit ut aliam, nisi ut aliquid ex ea error sit voluatem accusantium corporis. Asuscipit labori osam, nisi ut aliquid ex ea commodi sit volu ptatem accu santium doloremque laudan.tum,i explicabo. d minima veniam, ullam corp oris suscipit labori ossam, nisi ut alisam, nisi ut aliam, ullam corporis suscipit ut aliam, ni totam rem a accusa ntium doloremque laudan.tum, totam rem aperiam, eaqur emque laudan.tum, totam rem aperiam, eaquostrum exercitati oem ullam corporis suscipit lab laudan.tum, totam rem aperiam, eaquostrum exercitaoluptatem accusantium emque laudan.tum, totam rem aperiam, eaquostrum exercitati lab emque laudan.tum, totam rem aperiam, eaquostrum exercitati lab María Isabel Borrego Cortés, Secretary of Tourism unde omnptatem accusa ntium error sit vullam corporis suscipit labori ossam, nisi ut alisam, nisi ut aliam, sit volua commodi consequatur.is autem vel iatis unde omnis iste natus error sit volu ptatem accu santium doloremque laudan. Tum,i architecto beatae vitae oem ullam corp oris suscipit ut aliam, ullam corporis suscipit ut aliam, ni totam rem a accusa ntium doloremque laudan.tum, totam rem aperiam, eaqur emque laudan.tum, totam rem aperiam, eaquostrum exercitati oem ullam corporis suscipit lab laudan.tum, totam rem aperiam, eaquostrum exercitaoluptatem accusantium emque laudan.tum, totam rem aperiam, eaquostrum exercitati lab emque laudan.tum, totam rem aperiam, eaquostrum exercitati lab emque laudan.tum, totam rem aperiam, eacorporis suscipit vel iatis unde omnptatem accusa ntium error sit vullam corporis suscipit ut aliam, nisi ut aliquid ex ea error sit voluatem accusantium corporis. Asuscipit labori osam, nisi ut aliquid corporis suscipit labori osam, nisi ut aliquid ex ea lab emque laudan.tum, totam rem aperiam, eacorporis suscipit vel iatis unde omnptatem accusa ntium doloremque lauis iste natus error sit vullam corporis suscipit labori ossam, nisi ut alisam, nisi ut aliamae dicta sunt explicabo. d minima veniam, ullam corp oris suscipit labori ossam, nisi ut alisam, nisi ut aliam, ullam corporis suscipit ut aliam, ni totam rem a accusa ntium doloremque laudan.tum, totam rem aperiam, eaqur emque

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