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
Shareholders back controversial move by infrastructure giant Ferrovial to take head office from Spain to the Netherlands
SHAREHOLDERS of infrastructure group Ferrovial voted on Thursday in favour of the company’s controversial plan to move its holding company to the Netherlands. The announcement
Inflation to stay around 7% until end of 2022 in Spain as mortgage relief deal gets struck with banks
SPAIN’S Economy Minister, Nadia Calviño, says the annual inflation rate will stay at around 7% for the rest of the year before falling next year.
Spain’s inflation rate shows surprise small fall in August
INFLATION in Spain stood at 10.4% in August- a 0.4% drop on July’s rate according to figures released on Tuesday by the National Institute of
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
High 10% inflation rate to continue for ‘rest of summer’ in Spain
THE Spanish economy will continue to be battered by a high inflation rate for the ‘rest of summer’ according to economy minister, Nadia Calvino. As
Spain splashing out over €12 billion to develop micro chip sector over next five years
SPAIN’S cabinet has approved plans to spend €12.25 billion over five years in developing the country’s micro chip and semi-conductor sector. The investment has gone
New law spells end for small Spanish businesses
More than 200,000 small businesses will be affected by the scrapping of rent controls