Spain, officially the Kingdom of Spain, is located in Southwestern Europe, bordering the Mediterranean Sea, North Atlantic Ocean, Bay of Biscay, and Pyrenees Mountains.

In 1999 Spain joined the n (EMU) and adopted the euro in place of its former currency, the ”peseta”.

Economy:
Spain has the fourth largest economy in the euro zone and the 13th largest in the world.  In 2020, Spain was one of 4 countries contributing more than a quarter of the EU‘s GDP (Germany, France and Italy)

The Spanish economy is highly dependent on its services and industry sector.