cost of living - Olive Press News Spain

WATCH: American expats praise moving to Spain’s Andalucia – but have a warning for retirees

IN a 13-minute YouTube video, globetrotting expat couple JP and Amelia Stonestreet have concluded that Andalucia is, with a few exceptions, an all-around great place to live for English-speaking expats. The remote-working

7 Mar, 2024 @ 10:08

Andalucia·Lead

This is currently the best mortgage available in Spain, according to Idealista

THE major rise in the cost of living that residents of Spain have seen since Russia’s invasion of Ukraine has been exacerbated by a rise in interest rates in recent months, with

16 Feb, 2024 @ 11:32

Business & Finance·Lead·Other News

Photos of olive oil on the shelves of a Sevilla supermarket

WATCH: Supermarket in southern Spain places PHOTOS of olive oil bottles on its shelves amid surging prices and fears of robberies

A USER of the social network TikTok has shared a startling discovery while visiting a supermarket in the southern Spanish city of Sevilla. Instead of stocking bottles of olive oil on its

24 Jan, 2024 @ 09:59

Andalucia·Food & Drink·Lead·Other News·Sevilla

Squatter occupies flat on Spain's Costa Blanca and gets surprise visit from dead owner

Spain’s stay-at-home generation: Just 16% of 16- to 30-year-olds in the country have managed to move out of their parents’ house

JUST 16% of young Spaniards aged between 16 and 30 years old have managed to move out of their parents’ home, compared to the European average of 32%. That’s according to the

16 Jan, 2024 @ 14:02

Economy·Lead

Motorists feel the squeeze as petrol pump prices soar to highest level for a year in Spain

Cheap transport, a ban on evictions and subsidised energy bills: Spain’s government set to extend cost-of-living measures into 2024

SPAIN’S leftist government is poised to extend some cost-of-living measures well into 2024, rather than letting them expire on December 31 as had previously been expected. Government sources have briefed the Spanish

26 Dec, 2023 @ 13:14

Economy·Lead·Politics

WATCH: American expat in Spain is shocked by how much he can buy with $20 in Mercadona

REGULAR users of video-sharing social network TikTok in Spain will no doubt have been served videos this year of American residents of Spain running down the differences between supermarkets in their home

26 Dec, 2023 @ 12:45

Business & Finance·Lead

Cost of renting in Spain is set to rise yet again in 2024 as housing stock is ‘squeezed’

Renting costs soar in Spain: Tenants in Andalucia are spending 30% of their salaries on rent

ANYONE who has been living in Spain in recent years cannot have failed to notice the spiralling cost of living, in particular since the Russian invasion of Ukraine in early 2022. But

26 Oct, 2023 @ 16:30

Business & Finance·Lead

HANDS UP: Price of olive oil in Spain more than doubles in two years as supermarkets are accused of ‘speculation’

OLIVE oil prices continue on the rise as a bottle of Spain’s signature product is today 114.8% more expensive than it was in March 2021. However, buyers should be aware of the

12 Sep, 2023 @ 16:22

Andalucia·Business & Finance·Food & Drink·Lead

Malaga and Granada among Spain’s top 10 cities with the highest cost of living

MALAGA and Granada have been named among Spain’s top 10 cities with the highest cost of living. According to a study carried out by savings platform Kelisto on the most expensive cities

16 Aug, 2023 @ 13:35

Andalucia·Business & Finance·Granada·Lead·Malaga·Property

Tribute To Joaquin Sabina And Presentation Of His Legacy In Madrid, Spain 05 Oct 2021

Spain’s speaker in Congress forced to back down after claiming ‘most of population has no problem paying rent’

THE SPEAKER in Spain’s Congress of Deputies has been forced to apologise after she controversially stated that ‘most of the population has no problem paying their rent’. Meritxell Batet of the Socialist

28 Jun, 2023 @ 19:15

Lead·Politics

Spanish Cabinet extends raft of measures put in place to help ease cost-of-living crisis

THE SPANISH Cabinet on Tuesday approved an extension to a raft of measures that were put in place to help combat the cost-of-living crisis caused by Russia’s invasion of Ukraine last year

27 Jun, 2023 @ 16:30

Business & Finance·Lead·Politics

Spain’s government to keep VAT reduction on essential foodstuffs in place

SPAIN’S economic affairs minister announced on Monday that the government would keep in place a current VAT reduction on essential foodstuffs, until prices have fallen to a more ‘adequate’ level. The cut

12 Jun, 2023 @ 10:15

Business & Finance·Lead

Families in need have to wait three months to get access to a food bank in Alicante

FAMILIES in need face a three-month wait before being granted access to a food bank in Alicante. Local NGO Colonia Requena has sent a letter to the Ombudsman exposing the situation, for

21 May, 2023 @ 13:30

Alicante·Lead·Other News·Valencian Community

Spain's government rubber-stamps energy price cap which needs European Commission sign-off

Endesa announces huge first quarter profits even after paying ‘unjustified’ windfall tax

SPANISH energy company Endesa has announced a remarkable 76% surge in net profit for the first quarter of the year, defying the effects of Spain’s windfall tax. The company, owned by the

9 May, 2023 @ 12:45

Business & Finance·Lead

Workers in Spain spend on average 43% of their salary on rent

People in Spain spent on average 43% of their gross salary on rent in 2022, according to a Fotocasa real estate portal study. This is a 3% increase compared to 2021, when

2 May, 2023 @ 14:15

Murcia·National News·Property·Valencian Community

Percentage of Spaniards at risk of poverty or social exclusion falls two points to 26%

THE PERCENTAGE of Spain’s population that is at risk of poverty or social exclusion fell by nearly two points in 2022 to 26%. That’s according to the latest Life Conditions Survey published

25 Apr, 2023 @ 15:00

Lead·National News

Mercadona Photo By Carloss Wikipedia Commons

Mercadona to lower the price of 500 products until the end of the year

Mercadona has decided to slash the prices of 500 daily products from this April until the end of the year. The Spanish supermarket giant intends to help fight the current inflation by

13 Apr, 2023 @ 10:00

Business & Finance·Food & Drink·Lead

Valencia police suspend much needed food distribution group

Police in Valencia interrupted a charity distributing freshly cooked meals to people in need after receiving a complaint from a neighbour on Wednesday, March 29. The group ‘Amigos de la Calle’ have

1 Apr, 2023 @ 11:30

Lead·Other News·Valencia·Valencian Community

Ex-employee steals fuel discount card from trucking firm in €60,000 fraud on Spain's Costa Blanca

Motorists in Spain rush to filling stations as government’s fuel discount comes to an end

PEOPLE from all over Spain reported on Saturday long queues at petrol stations as motorists sought to take advantage of the last days of the 20-cent discount that the Spanish government put

1 Jan, 2023 @ 15:00

Business & Finance·Lead·National News

Drunk Man On Mobile Phone Gets Run Over By Train On Valencia Level Crossing In Spain

Abusers of Spain’s free rail pass scheme will lose deposits and tickets from Wednesday onward

SPAIN’S state rail operator Renfe will be tightening up its conditions from Wednesday for anyone found to be abusing the government’s free tickets system. Violators will lose their €20 deposit and their

5 Dec, 2022 @ 13:30

Lead·National News·Travel News

Workers in Spain get paid 20% less than average European Union salary

EMPLOYEES in Spain get paid 20.2% less than the European Union average according to the latest ‘Adecco Monitor on Salaries’ study reviewing 2021 wages. An EU worker earns an average €2,194- €443

9 Aug, 2022 @ 11:43

European Union·Lead·National News·Premium

Bus and train prices to be slashed by a third in Spain’s Andalucia

THERE will be a 30% reduction on bus and train prices from September 1, the Junta de Andalucia has announced. The discount will be applied to travel cards and means that the

1 Aug, 2022 @ 16:30

Lead

Spain announces details of new windfall tax on banks and fuel companies

SPAIN’S government has announced details of its new windfall tax on banks and fuel companies which aims to bring in €7 billion into state coffers over the next two years. The bank

28 Jul, 2022 @ 19:15

Business & Finance·Lead·National News

Leading bank in Spain slams windfall tax plans as profits rise by nearly 11%

BANKINTER executives say plans for a windfall tax on banks in Spain to help fight cost of living rises could hit capital levels, hurt economic growth and dent investor confidence in the

21 Jul, 2022 @ 13:56

Business & Finance·Lead·National News

Spain’s inflation rate surges to 9.8%- highest figure since 1985

INFLATION in Spain has soared to 9.8% in March- the highest rate since May 1985, according to figures from the National Statistics Institute(INE). The rate stood at 7.6% in February. The INE

30 Mar, 2022 @ 12:12

Business & Finance·Lead·National News

Where is the cheapest city to live in Spain? Not Madrid or Barcelona

NEW data reveals the huge differences in cost of living across Spain, with Madrid and Barcelona proving a whopping 30% more than in the cheapest urban community. A new report from the

8 Aug, 2021 @ 12:00

Barcelona·Lead·Madrid·National News·Property