|  NEWS

Economy

Spain's banking sector "shown remarkable results"

​​​​​​​Banks in Spain have "strong capital and liquidity positions" and have shown resilience during market tensions, according to central bank governor Pablo Hernández de Cos during an interview published on Tuesday.

Economy

Spain’s EU Council presidency to boost trade policy momentum

Spain assuming the EU Council presidency in July could generate “new momentum” for European Trade Policy, especially in relation to trade agreements with Mexico, Chile and Mercosur.

Business

Deposit rates decline in Spanish banks

Banks in Spain have reduced the amount paid to savers on new household deposits at a time when policymakers at the European Central Bank (ECB) are again preparing to hike rates this month.

Economy

Spain's banking sector "shown remarkable results"

​​​​​​​Banks in Spain have "strong capital and liquidity positions" and have shown resilience during market tensions, according to central bank governor Pablo Hernández de Cos during an interview published on Tuesday.

Economy

Spain’s EU Council presidency to boost trade policy momentum

Spain assuming the EU Council presidency in July could generate “new momentum” for European Trade Policy, especially in relation to trade agreements with Mexico, Chile and Mercosur.

Business

Deposit rates decline in Spanish banks

Banks in Spain have reduced the amount paid to savers on new household deposits at a time when policymakers at the European Central Bank (ECB) are again preparing to hike rates this month.

Business

Iberdrola forecasts 8-10% net profit rise this year

Spain's biggest utility company Iberdrola forecasts net profit to rise by 8% to 10% this year from 2022, it was announced on Wednesday.

Markets

Spain’s economic growth for 2023 upwardly revised to 1.6%

Spain’s economy will likely grow around 1.6% this year, a 0.3 percentage point increase over the previous forecast.

Markets

71.6m tourists visited Spain in 2022

A total of 71.6 million tourists were registered in Spain last year, which is 14.3% less than pre-pandemic levels in 2019, according to the latest official figures.

Economy

Spain #1 for European growth in 2023: ING

Spain's economy is set to grow by 0.9% in 2023, significantly less than last year but "better than most other eurozone countries,"

Economy

Tourism revenue up 4.7% in 2023 since before pandemic

There will likely be a 4.7% rise in revenue from tourism companies in Spain in 2023 compared to 2019 before the onset of the pandemic

Economy

Tax burden in Spain hits record highs

Spain’s tax burden hit all-time highs in 2022, surpassing 42% of GDP and standing above the European Union average – of 41.7% - for 2021.

Economy

Youth unemployment drops in Spain on rise of permanent contracts

There has been a 142% increase in young workers in Spain with permanent contracts, thanks to a revamp of the country's labour rules.

Economy

PM announces new actions to rein in food prices

Spain’s Prime Minister Pedro Sánchez has unveiled a new social aid package aimed at curbing food prices

Economy

Spain's banking sector "shown remarkable results"

​​​​​​​Banks in Spain have "strong capital and liquidity positions" and have shown resilience during market tensions, according to central bank governor Pablo Hernández de Cos during an interview published on Tuesday.

Economy

Spain’s EU Council presidency to boost trade policy momentum

Spain assuming the EU Council presidency in July could generate “new momentum” for European Trade Policy, especially in relation to trade agreements with Mexico, Chile and Mercosur.

Business

Deposit rates decline in Spanish banks

Banks in Spain have reduced the amount paid to savers on new household deposits at a time when policymakers at the European Central Bank (ECB) are again preparing to hike rates this month.

Business

Iberdrola forecasts 8-10% net profit rise this year

Spain's biggest utility company Iberdrola forecasts net profit to rise by 8% to 10% this year from 2022, it was announced on Wednesday.

Markets

Spain’s economic growth for 2023 upwardly revised to 1.6%

Spain’s economy will likely grow around 1.6% this year, a 0.3 percentage point increase over the previous forecast.

News from all categories

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