economy - Olive Press News Spain

Spain’s credit rating upgraded to A+ thanks to 2.6% GDP growth forecasts and ‘low exposure to Trump’s tariffs’

SPAIN’S economic outlook received a major boost this week after credit rating agency S&P upgraded the country’s sovereign debt rating to A+ with a stable

15 Sep, 2025 @ 16:15

Business & Finance·Lead·National News·Other News

Bars and restaurants say turnover is 15% down despite record tourist numbers in Valencia

TOURISTS tightening up spending and heatwaves are two of the reasons why bars and restaurants in the Valencia area say turnover is down by as

4 Sep, 2025 @ 18:30

Lead·Valencia

Two in five new jobs in Spain go to foreigners as unemployment falls to lowest level in 16 years

Spain’s August jobless total is lowest for the month since 2007

SPAIN’S jobless total rose by 22,000 in August to stand at 2.4 million- the lowest August figure since 2007. The end of the high summer

2 Sep, 2025 @ 11:05

Business & Finance·Lead·National News

Up to 80% of new jobs in Spain may be replacement roles as the ‘baby boomer’ generation starts to retire

SPAIN is entering a decade of unprecedented retirements that will reshape its labour market and test the resilience of its economy. Data from the Public

31 Aug, 2025 @ 09:00

Business & Finance·Lead·National News·Other News·Politics

Rising electricity bills keep Spain’s inflation rate at 2.7% in August

SPAIN’S inflation rate was unchanged in August at 2.7%- the same as July- according to figures published on Friday by the National Institute of Statistics.

29 Aug, 2025 @ 12:00

Lead·National News

Average pension for freelancers in Spain skyrockets after labour reforms take effect

FREELANCERS in Spain are finally seeing their pensions climb above the €1,000 threshold, after years of lagging behind salaried workers. According to new figures published

26 Aug, 2025 @ 15:47

Business & Finance·Lead·Other News

Basic food prices have soared by over 38% since 2019 in Spain

FOOD inflation has soared in Spain with an average shopping basket costing 38.5% more than in 2019. The National Statistics Institute says that overall prices

14 Aug, 2025 @ 13:04

Lead·National News

Petrol station besieged after pumps prices are displayed at just 13 cents per litre in Spain

Good news for drivers in Spain as fuel prices sink to lowest level since 2021

FILLING up a car with fuel at a service station is cheaper this summer in Spain with prices back to 2021 levels. The latest figures

7 Aug, 2025 @ 12:00

Lead·National News

Spain’s unemployment hits 18-year low, but job growth slows in July

SPAIN’S unemployment fell slightly in July, with 1,357 fewer people out of work, bringing the total to 2.4 million – the lowest figure for this

4 Aug, 2025 @ 12:23

Business & Finance·Lead

Spain’s inflation rate rises for second straight month due to higher electricity prices

SPAIN’S inflation rate in July climbed to 2.7% due to higher electricity prices. Preliminary monthly figures released on Wednesday by the National Statistics Institute(INE) showed

30 Jul, 2025 @ 15:00

Lead·National News

Spain’s inflation rate goes up due to energy concerns over Middle East crisis

SPAIN’S inflation rate rose by 0.2% in June to 2.2%- mainly down to energy price rises spurred on by the crisis in the Middle East

27 Jun, 2025 @ 13:30

Lead·National News

Spain drops out of foreign investment top 10 over ‘squatter problem and red tape’

HIGH taxes, squatters, and bureaucracy are some reasons touted as to why Spain has dropped out of a top 10 list for short-term foreign investments.

23 Jun, 2025 @ 15:48

Business & Finance·Lead·National News

Spain’s jobless total dips below 2.5m for first time since 2008

SPAIN’S unemployment total has fallen below 2.5 million for the first time since the height of the financial crisis. Figures released on Tuesday by the

3 Jun, 2025 @ 14:15

Lead·National News

Inflation in Spain dips below 2% mark with energy costs falling

SPAIN’S inflation rate has fallen to below 2% according to preliminary May figures published by the National Statistics Institute(INE) on Friday. It now stands at

30 May, 2025 @ 18:00

Lead·National News

Spain’s annual inflation rate falls to 2.2% with food price rises slowing further

SPAIN’S annual inflation rate clocked in at 2.2% in April- down by 0.1 %- with food inflation at 2%. The National Institute of Statistics (INE)

14 May, 2025 @ 14:00

Lead·National News

Spain could suffer over €4 billion in losses from historic blackout

SPAIN’S worst-ever blackout, which left millions without power across the Iberian Peninsula, could cost the country as much as €4.5 billion in lost economic output.

5 May, 2025 @ 15:15

Business & Finance·Lead·National News

ZERO DAY: How an Olive Press reporter watched Spain’s world turn upside down on historic day

EXTRAORDINARY TIMES: How Zero Day unravelled on the Costa del Sol as cash is king and the supermarkets all shut their doors. By Jon Clarke

28 Apr, 2025 @ 20:33

EXCLUSIVE·Lead·National News

WATCH: Spain’s economy minister dazzles America with boasts of world-leading GDP growth – and all in perfect English

AT a time of intense stress for the global economy, at the mercy of the tariff war declared by the United States and the policies

25 Apr, 2025 @ 12:30

Business & Finance·Lead

Spain's Economy Minister Cuerpo meets US counterpart and says trade deal can be struck with EU

Spain’s Economy Minister meets US counterpart: Cuerpo ‘convinced’ trade deal can be thrashed out

SPAIN’S Economy Minister Carlos Cuerpo says he’s ‘convinced’ the US and EU would thrash out a fair trade deal in the wake of the Trump

16 Apr, 2025 @ 17:39

Lead·National News

Spain's economy minister travels to White House: Trump trade war visit comes after Pedro Sanchez cosied up with China

Spain’s economy minister travels to the White House: Trump trade war visit comes after Pedro Sanchez cosied up with China

SPAIN’S Economy Minister, Carlos Cuerpo, flies to Washington on Monday to meet with his counterpart, US Treasury Secretary, Scott Bessent. Tuesday’s talks come amidst the

14 Apr, 2025 @ 15:00

Lead·National News

Spain's Prime Minister backs relationship with China during Beijing talks as tariff war hots up between Asian giant and the US

Spain’s Prime Minister backs relationship with China during Beijing talks as tariff war hots up between Asian giant and Trump

SPAIN’S Prime Minister, Pedro Sanchez, has said it was ‘important to continue making progress in building good economic relations between China, Spain, and the EU’.

11 Apr, 2025 @ 12:45

Lead·National News·Politics

Spain’s inflation tumbles to lowest rate in six months as electricity prices fall

LOWER electricity and fuel prices helped Spain’s inflation rate to go down to 2.3% in March. The National Institute of Statistics(INE) said on Friday that

11 Apr, 2025 @ 11:01

Lead·National News

'It's Europe's time': Spain's Pedro Sanchez says EU must 'assume responsibility for its defence and security'

Spain braces for €15bn blow from Trump: Four out of five exports to the US face new tariffs

AROUND 80% of Spanish exports to the United States are expected to be affected by the new tariffs recently imposed by US President Donald Trump.

9 Apr, 2025 @ 13:48

Business & Finance·Lead·National News

Spain’s Prime Minister, Pedro Sanchez, arrives in Vietnam for historic visit amidst Trump tariff uncertainty

PEDRO Sanchez arrived in Vietnam on Tuesday in the first-ever official visit by a Spanish Prime Minister. The Spanish Air Force plane landed at Hanoi

8 Apr, 2025 @ 18:30

Lead·National News·Politics

Spanish PM Sanchez forced to turn around mid-flight to Ukraine summit in Paris due to fault in rickety official plane

Spain to fight Trump’s tariffs with €14bn support package as Pedro Sanchez slams ‘attack on America’s friends’

SPAIN’S Prime Minister, Pedro Sanchez, has announced €14.1 billion of funding to counteract the impact of Donald Trump’s US tariffs on the country’s economy. The

3 Apr, 2025 @ 16:45

Lead·National News

Europe in shock as Trump announces 20% tariffs on imports from Spain and the EU

US PRESIDENT Donald Trump has – as expected- announced 20% tariffs on EU member states including Spain. “Our country has been looted, plundered, raped and

3 Apr, 2025 @ 12:00

Lead·National News