Business & Finance News - The Olive Press Spanish Newspaper

Spain announces crackdown on cryptocurrency adverts that ignore investor risks

SPAIN is clamping down on the advertising of unregulated cryptocurrency investments. Concerns about investors being ripped-off by bogus claims have prompted a new rule that

17 Jan, 2022 @ 16:44

Business & Finance·Lead·National News

NEW LAWS IN 2022: non-lucrative visas, tax hikes, pricier new cars and why you might buy a second-hand one in Spain

JANUARY is a key time for businesses, self-employed workers and consumers in Spain. This is for two reasons: the tax year in Spain starts on

14 Jan, 2022 @ 10:00

Business & Finance·Crime & Law·Lead·Must Read·Other News

First Correos cashpoints (ATMs) arrive in Valencia – why Correos accounts are perfect for expats

CORREOS might be an odd hero to take on the banking world, but as it rolls out 1500 new cashpoints (ATMs) across Spain you might

11 Jan, 2022 @ 19:15

Business & Finance·Costa Blanca·Valencia·Valencian Community

SHOPPING: What you need to know about January sales across Spain in 2022

JANUARY and July are the two most exciting times of the year for clothes shoppers in Spain. As soon as the Three Kings festivities are

8 Jan, 2022 @ 12:45

Business & Finance·La Cultura·Lead·Must Read·National News·Other News

Business bankruptcies in Spain rise by almost third during 2021 but start-up numbers are even bigger

Bankruptcies in Spain rise by a third during 2021 but start-up numbers are even bigger

THE number of businesses declared bankrupt in Spain last year rose by 31% compared to 2020. In contrast, 102,169 new companies were registered in 2021,

7 Jan, 2022 @ 16:30

Business & Finance·Catalunya·Lead·Madrid·Valencian Community

Pedro Sanchez says Spain's creating 'quality jobs' in biggest unemployment fall for 17 years

Pedro Sanchez says Spain’s creating ‘quality jobs’ as unemployment tumbles in 17-year record fall

SPAIN created 782,232 new jobs in 2021 in the biggest annual fall in registered jobless since 1995. December’s figures from the Labour Ministry saw 76,782

4 Jan, 2022 @ 20:00

Business & Finance·Lead·National News·Politics

Spain's inflation rate was 5.7% in December

Food and power prices boost Spain’s inflation rate to highest figure in nearly 30 years

SPAIN’S inflation rate has hit 6.7% this December- the highest annual hike since March 1992. Official figures published on Thursday from the National Statistics Institute(INE)

30 Dec, 2021 @ 13:45

Business & Finance·Lead·National News

TAX SHAME: Millionaire footballers from Barcelona and Real Madrid feature on Spain’s tax defaulters list

SPAIN has published its annual list of tax shame – and footballers continue to be targeted by the tax man. Real Madrid manager Carlo Ancelotti

28 Dec, 2021 @ 15:45

Business & Finance·Lead·National News·Sport

TSpain's telecoms giant Telefonica puts up prices for packages and mobile phones from New Year

Telefonica in Spain strikes deal with unions for 2,700 voluntary job losses

SPANISH telecoms giant Telefonica has reached an agreement with unions to cut 15% of its workforce. The reduction will be achieved through an estimated 2,700

28 Dec, 2021 @ 15:00

Business & Finance·Lead·National News

Barcelona’s Gerard Pique gets big tax break from Spain’s Supreme Court

BARCELONA footballer Gerard Pique has landed a €2.1 million pre-Christmas windfall courtesy of Spain’s Supreme Court. Pique, 34, has been given a refund of a

23 Dec, 2021 @ 15:00

Barcelona·Business & Finance·Catalunya·Celebrity·Crime & Law·Lead·Sport

Activists battle to stop ‘cruelty’ of world’s first octopus farm in Spain’s Canary Islands

WHEN Craig Foster filmed a ball-shaped creature covered with seashells in a South African kelp forest he had no idea the resulting My Octopus Teacher

23 Dec, 2021 @ 09:15

Business & Finance·Canary Islands·Environment·Lead

Battery Test Centre Seat Martorell Barcelona Pic Seat

LOOKING TO THE FUTURE: SEAT opens new battery test and research plant for electric vehicles in Spain’s Barcelona

SEAT has opened a new €7 million battery research and development centre for electric and plug-in hybrid cars. The centre (known as TCE) at the

22 Dec, 2021 @ 16:30

Business & Finance·Environment·Lead

Clean bill of health: Spain’s health system is amongst best in EU for protecting people from financial hardship

PEOPLE in Spain are less likely to suffer financial hardship due to healthcare costs than in most other European countries. The financial crisis in Spain

20 Dec, 2021 @ 15:15

Business & Finance·Health·Lead

How much of my salary do I need to put aside for rent or mortgage costs in Spain? Figures reveal HUGE differences between the British expat hotspots|

Essentials: What you need to know about getting a mortgage on your property on Spain’s Costa del Sol, part 2

IN the first part of this piece, we discussed interest rates in Spain and the kind of client profiles that Spanish banks look for. In

19 Dec, 2021 @ 17:48

Adam Neale: Property Insider·Business & Finance·Columnists·Lead

Reasons to Use Desktop Ticker For Your Business

The ticker tape on the desktop can increase the reach of the audience and attract new customers. What do you think of this fact? It’s

17 Dec, 2021 @ 10:04

Business & Finance

Ana Patricia Botin presidenta del Banco Santander

Only one Spaniard made the Forbes list of the world’s 100 most powerful women

ONLY one Spaniard has made it into the Forbes list of the world’s 100 most powerful women and it isn’t Queen Letizia or Penelope Cruz

14 Dec, 2021 @ 19:02

Business & Finance·Lead

Price of electricity in Spain to break record highs on Wednesday

THE price of electricity in Spain will break new records on Wednesday as Spain’s electricity operator (OMIE) predicts an average cost of €291.73 per megawatt

14 Dec, 2021 @ 18:15

Business & Finance·Lead

COVID certificate keyrings are latest must-have accessory in Spain

A VALENCIAN T-shirt printing and design company has seen a spike in business after offering personalised keyrings printed with your own COVID certificate. Goatxa boss

14 Dec, 2021 @ 13:29

Business & Finance·Costa Blanca·Lead

supermarket Photo by Viki Mohamad / Unsplash

Supermarket sweep: How prices compare on a weekly shop in Spain?

Sizing up the best choice for our weekly shop is a tedious exercise that never seems to pass its sell-by-date. But there’s more to it

10 Dec, 2021 @ 18:00

Business & Finance·Lead·Must Read·National News

Banco Santander ordered to pay banker €68 million just months after big staff cuts and branch closures in Spain

A Madrid court has ordered Banco Santander to pay €68 million to Italian banker Andrea Orcel for reneging on an offer to make him CEO

10 Dec, 2021 @ 15:50

Business & Finance·Crime & Law·Lead·Madrid·National News

Christmas bonus for every Benidorm resident on Spain’s Costa Blanca

BENIDORM residents can get a €50 discount on city shopping until the end of the year. The ‘BenidormTeDaMas’ scheme allows anybody aged 18 and over

10 Dec, 2021 @ 12:06

Benidorm·Business & Finance·Costa Blanca·Lead·Valencian Community

Spain's leading supermarket Mercadona continues to win more customers leaving its rivals floundering|

Mercadona supermarkets in Spain to pay staff an inflation-matching wage increase

THE Mercadona supermarket chain is set to give its entire workforce a 5% pay rise on January 1. Spain’s biggest private company is the first

9 Dec, 2021 @ 16:15

Business & Finance·Lead·National News·Valencian Community

HOURLY RATE: Spain fines 1,274 companies a total €1.5 billion over working hours violations

THE Spanish government has raked in more than €1.5 billion in fines on companies who failed to properly record their employees’ working hours. Since a

5 Dec, 2021 @ 17:45

Business & Finance·Lead·Other News

Spain’s Seat uses railway to link Barcelona factory with Volkswagen plant in Portugal in effort to cut CO2 emissions

CAR manufacturers are not noted for their green credentials, despite their move towards an electric future. But now Spanish company Seat is taking a step

5 Dec, 2021 @ 12:01

Business & Finance·Environment·Lead·Other News

A safe haven: As inflation rises and interest rates in Spain stay low, investors turn to new build property

HIGH inflation and low interest rates are pushing investors towards the real estate sector, which is once again becoming a safe haven asset. This is

4 Dec, 2021 @ 15:00

Business & Finance·Columnists·Lead·Other News·Tancrede de Pola: Mortgage Think Tank

A big thanks to all our customers and readers in Spain and around the world!

CAN you believe that we are nearly at the end of 2021?! Whether it’s been a good, or not so good year for you, there’s

3 Dec, 2021 @ 17:15

Business & Finance·Other News·Sponsored

Business & Finance- Page 34

NEW LAWS IN 2022: non-lucrative visas, tax hikes, pricier new cars and why you might buy a second-hand one in Spain

First Correos cashpoints (ATMs) arrive in Valencia – why Correos accounts are perfect for expats

SHOPPING: What you need to know about January sales across Spain in 2022

Bankruptcies in Spain rise by a third during 2021 but start-up numbers are even bigger

Pedro Sanchez says Spain’s creating ‘quality jobs’ as unemployment tumbles in 17-year record fall

Food and power prices boost Spain’s inflation rate to highest figure in nearly 30 years

TAX SHAME: Millionaire footballers from Barcelona and Real Madrid feature on Spain’s tax defaulters list

Telefonica in Spain strikes deal with unions for 2,700 voluntary job losses

Activists battle to stop ‘cruelty’ of world’s first octopus farm in Spain’s Canary Islands

LOOKING TO THE FUTURE: SEAT opens new battery test and research plant for electric vehicles in Spain’s Barcelona

Clean bill of health: Spain’s health system is amongst best in EU for protecting people from financial hardship

Essentials: What you need to know about getting a mortgage on your property on Spain’s Costa del Sol, part 2

Reasons to Use Desktop Ticker For Your Business

Only one Spaniard made the Forbes list of the world’s 100 most powerful women

Price of electricity in Spain to break record highs on Wednesday

COVID certificate keyrings are latest must-have accessory in Spain

Supermarket sweep: How prices compare on a weekly shop in Spain?

Banco Santander ordered to pay banker €68 million just months after big staff cuts and branch closures in Spain

Christmas bonus for every Benidorm resident on Spain’s Costa Blanca

Mercadona supermarkets in Spain to pay staff an inflation-matching wage increase

HOURLY RATE: Spain fines 1,274 companies a total €1.5 billion over working hours violations

Spain’s Seat uses railway to link Barcelona factory with Volkswagen plant in Portugal in effort to cut CO2 emissions

A safe haven: As inflation rises and interest rates in Spain stay low, investors turn to new build property

A big thanks to all our customers and readers in Spain and around the world!

Spain’s highest ranking police chief resigns amid allegations he sexually assaulted junior female officer

Bid to enforce three-year jail sentences for wearing the burqa in Spain’s public spaces is narrowly defeated in Spanish parliament

WATCH: Europe’s biggest fake perfume factory offering knock-off Chanel, Dior and Gucci is uncovered in northern Spain

Spain paves way for 310 square-km offshore wind farm as close as 25km from the Costa del Sol shore

Spain’s TENTH named storm arrives: Pedro will bring winds of up to 110km/h – and more insurance claims