1E9Ct5D

GENERAL INFORMATIONLocation and AreaSpain is located in the southwest of Europe and it is the second-largest country in the EuropeanUnion (EU) with 504.030 square kilometres. It includes the Canary Islands in Atlantic Ocean, theBalearic Islands in the Mediterranean Sea, the North African cities of Ceuta and Melilla and somesurrounding uninhabited islands. Spain has a typical Mediterranean climate due to its 8.000kilometres of coastline and lovely beaches.Population and LanguageSpanish is the official language of the country. There are other official languages, such as Catalan,Basque or Galician that are spoken in their corresponding Autonomous Community, accordingto their Autonomy Statute. The population of Spain in Januarny 2014 is approximately 46 millionpeople, with a population density of 93 inhabitants per square kilometres.Spain is organized into 17 Autonomous Communities, each of which generally includes one ormore Provinces (50), plus the Autonomous cities of Ceuta and Melilla in the Northern Africa.Each Autonomous Community exercise the powers assigned to it by the Constitution of 1978 asspecified in its Autonomy Statute. Such Statutes, enables the Autonomous Communities tostipulate their institutional organisation which includes the basic powers: legislative, executive andjudicial.The Autonomous Communities are financially autonomous and also receive financing of theCentral Government in the yearly budget.CurrencyAs of 1st January 2014, the exchange rate for one Euro against the main world currencies was:SourcesUnited States dollar 1.3754Japanese yen 141.470British pound sterling 0.827Swiss franc 1.2225The main government department or agencies which aid foreign companies in Business activitiesare:3