Spain signs up for first grab of European Union’s COVID recovery money
Spain has become the first European Union country to officially apply for a first €10 billion instalment of the Union’s COVID recovery fund. This follows
Costa Blanca engineers count down to blast off for Spain’s first space rocket launch in 2022
SPAIN’S first space rocket will be launched next year, 11 years after a Costa Blanca-based company was formed with the aim of making that dream
Inflation soars to highest level in Spain for 29 years due to rising fuel prices
INFLATION skyrocketed to an annual 5.4% rise in October according to Spain’s National Institute of Statistics(INE). It’s the highest level in 29 years and is
Spain’s government hopes national lorry drivers strike will be called off
TWO Spanish government ministers are hopeful that a three-day pre-Christmas national lorry drivers strike can be avoided. Spain’s national lorry drivers association announced a strike
Valencia City Council commercial bond sale interest crashes website
A WEB server that was set up to allow the sale of commercial bonds by the Valencia City Council crashed with minutes of going live.
Sabadell Bank in Spain boosts profits thanks to TSB subsidiary plus massive job cuts and branch closures
SABADELL Bank profits have leapt up by 82.4% between January and September compared to the same period last year. Spain’s four-largest bank has recorded a
Inflation rate in Spain soars back up to the days of the peseta
SPAIN’S inflation rate has soared to 5.5% due to steep energy price rises. Figures from the National Statistics Institute(INE) for October were 1.1% higher than
COFFIN UP: The price of death is lower in southern Spain with funeral and cremation charges far higher in the north
SOUTHERN Spain is the cheapest part of the country to die, according to the OCU consumer association. The highest prices for funerals and cremations were
Major power company in Spain offers to help industrial customers if government scraps windfall tax plans
LEADING Spanish energy provider Iberdrola says it will help industrial customers if the government scraps plans for a windfall tax. Domestic electricity bills have been
Carrefour hypermarket chain hits landmark of 1,000 ‘Express’ stores across Spain
CARREFOUR Spain has hit the milestone of opening 1,000 Express stores, with over a hundred new outlets launched so far this year. The company has
Who can request the new aid of €100 per child from the Spanish Government?
THE Spanish Government has given the green light to additional funding that the Minister of Social Rights hopes will help tackle child poverty in Spain.
Electricity price hikes take inflation in Spain to 13-year-high as government criticises the EU
SPAIN’S inflation rate has hit its highest mark since September 2008 due mainly to rising power prices. The National Statistics Institute(INE) said this Thursday that
High electricity prices force major steelmaker in Spain to suspend production for 20 days
A leading Spanish steelmaker has slashed production at one of its factories due to the big hike in electricity prices. They say that power costs
Valencia’s Iker Marcaide named on Forbes100 most influential people in Spain’s business world
VALENCIA’s Iker Marcaide have been named among the 100 most influential Spaniards in the business world. The founder of Flywire has been listed as one
Spain looking at new ideas to reduce sky-high electricity prices
SPAIN’S government is looking at fresh moves to reduce sky-rocketing electricity prices. It’s expected to announce targeted help for vulnerable customers and make attempts to
Pedro Sanchez promises ‘immediate’ minimum wage rise for workers in Spain
SPAIN’S government is looking for an ‘immediate’ increase in the minimum wage to protect workers from rises in inflation. Prime Minister, Pedro Sanchez, made the
Electricity office windows smashed by man protesting against high prices in Galicia region of Spain
A man attacked an electricity office in the Galicia area of northern Spain after receiving a high bill. Wholesale electricity prices have reached record levels
Fresh job losses expected at Sabadell Bank as Spain’s banking sector continues cost cutting
SABADELL Bank is set to announce a fresh round of redundancies this week, according to reports from the Reuters news agency. An internal memo sent
Electricity wholesale prices to reach another new record high in Spain
WHOLESALE electricity prices in Spain will hit a new record figure tomorrow(August 26). The news comes as three small political parties in Congress- Mas Pais,
NICE DROP OF PORT: Spain’s Valencia leads the way in international wine exports
VALENCIA port is currently enjoying a surge in activity regarding Spanish wine exports. Over the first six months of the year, shipments leaving the regional
International fast food chain comes to Spain to give KFC a fried chicken challenge
A Filipino-based international fast food chain is opening its first store in Spain this autumn. Jollibee is considered one of the fastest-growing restaurant companies in
EU COVID-19 recovery money starts to pour into Spain for new green projects
SPAIN has received its first payout from the EU COVID Recovery Fund. The country has been transferred €9 billion of its €69.5 billion allocation. The
FOCUS: Meet the expat business owners who have survived and thrived during Spain’s Covid crisis
TIMES have been hard for everyone during the coronavirus pandemic but among the hardest hit are those businesses involved in a hospitality sector that is
New food delivery rider rules start for Glovo and Uber Eats in Spain
FOOD delivery companies in Spain have to hire drivers and riders as employees from today(August 12) as opposed to getting workers in as freelance contractors.
La Liga in Spain set for massive €2.7 billion windfall in CVC equity firm deal
PRIVATE equity firm CVC has agreed a big €2.7 billion deal ‘in principle’ with La Liga which will see the investors get 10% of league
GDP grew 2.8% in the second quarter in Spain
THE Spanish economy is making its way towards a healthy recovery after a troublesome 18 months. Spain’s gross domestic product grew by 2.8% in the