As Spain claws its way out of recession, investors are diving back in, keen to make the most of bottom-of-the-cycle prices and newly competitive cost structures. 

By undercutting the rest of the country in terms of corporate tax, establishing a range of incentives and developing clusters in strategic economic sectors, the Basque Country has become a significant hub for FDI in Spain, and one of the few destinations to maintain its appeal throughout the county's current economic crisis.

Spain is in crisis, with unemployment at a record high, social morale alarmingly low, and charges of corruption being brought against its bankers, politicians and even its royal family. The only salvation, and one that has the potential to help the country return to its feet, is the slowly rising level of FDI inflows.

Vueling’s cheap flights and customer service-focused approach have brought the budget airline success, despite breaking every commandment in the low-cost carrier bible.