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Sabadell Bank says ‘no plans’ to close branches this year in Spain as profits soar

SABADELL BANK says it has no plans for any further branch closures in Spain this year as it reported a bumper profit for 2022. €130...

Spain cuts windfall tax grab on energy firms to win support of regional political parties

CONGRESS has approved a new windfall tax on excess profits made by energy firms but only after the government agreed to changes demanded by...

Spain’s Iberdrola announces €17 billion investment in renewables across Europe and USA

ENERGY giant Iberdrola will invest €47 billion in electricity networks, renewable energy production and customer businesses over the next two years. Around €17 billion of...

Utility giant Iberdrola reports profit fall of 14% in Spain

SPANISH energy provider Iberdola has reported a 29% rise in profits over the first nine months of 2022 compared to the same period last...

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...

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...

Pedro Sanchez announces surprise windfall taxes on banks and energy companies in Spain

BANKS and energy companies in Spain are to be hit with new 'temporary' windfall taxes. The surprise announcement was made in Congress on Tuesday by...

Pedro Sanchez announces electricity bill tax cuts will be extended in Spain

TAX cuts on electricity bills and a windfall tax on power companies will stay in place until the end of June. IVA on bills were...

Endesa power company to invest €31 billion until 2030 on green energy in Spain and Portugal

ENDESA has announced a €31 billion investment in 'green' energy production in Spain and Portugal through to 2030. The news comes as Endesa and other...

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...

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Spain raises minimum wage, in move that could benefit 2.5 million people

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