Economy
2848 newsIt keeps the Spanish angle clear, linking public decisions, local events and everyday practical impact.
Canary Islands mortgages hit highest euríbor level since July 2024
The euríbor reached 3.24% in September, adding about €85 to a typical monthly mortgage payment. Rising energy prices and inflation are putting further pressure on household budgets.
Chinese giant Gotion takes major stake in Volkswagen battery plant in Valencia
Gotion will invest 1.1 billion euros to acquire 49 percent of Volkswagen’s battery gigafactory in Sagunto. The move cements a powerful alliance and signals a new era for European battery production.
Gotion High-Tech sets sights on Valladolid with major battery investment
Gotion High-Tech and Inobat are launching a new battery ecosystem in Valladolid, starting with a €940 million investment and plans for 1,000 jobs. This move signals a new phase in Spain’s electric vehicle industry and intensifies competition among global battery giants.
Biomethane market enters a new phase at Valladolid trade fair
Spain's biomethane sector is moving closer to a commercial market. More than 4,230 energy professionals gathered in Valladolid to discuss investment, regulation and public trust.
Spain's Maricarmen decrees push rental investors toward home sales
Spain's housing groups warn that the Maricarmen decrees could weaken rental investment. Some developers may switch planned rental projects to home sales while the measures await Congress approval.
Euribor reaches its highest monthly level since July 2024
Spain's mortgage benchmark has risen for a third straight month. The September average reached 3.247%, putting more pressure on variable-rate borrowers at their next review.
BBVA puts €250 million behind Spain's franchise sector
By August 2026, BBVA was working with about 1,060 franchise brands in Spain, roughly eight out of ten in the market. The bank has mobilised €250 million for the entrepreneurs and small companies opening those local businesses.
Telefónica España splits into three independent business units
Telefónica España is creating three independent units and moving its registered office to Ronda de la Comunicación in Madrid. The decision follows the sale of the group's historic Gran Vía 28 building.
Ford Almussafes secures labour deal through 2030
Ford Almussafes and UGT have ended months of talks. The agreement sets pay rises above inflation and adds new workplace benefits through 2030.
Rent hikes halted for thousands as Spain's new index takes charge
Landlords across Spain are now blocked from raising rents above strict government limits until 2028. A new official index decides if your rent can go up or stays frozen, with rules based on your address and property details.
Rental housing faces sharp slowdown as new decrees trigger selloff fears
Spain’s leading property developers predict a wave of rental homes will be sold off instead of leased after the government’s latest housing decrees. Industry leaders argue the new rules will shrink rental supply and stall affordable housing projects.
Telefónica splits its Spanish business into three units
Telefónica is reorganising its Spanish subsidiary around three business units. Telefónica Tech will join B2B Spain, while Movistar+ moves under B2C and loses its separate board.
Bravo attacks Sánchez over Spain's lost rental homes
Juan Bravo says Spain has lost 300,000 rental homes. He blames regulation and slow construction, while the PP promises to start building one million homes.
Zunder CEO demands strict deadlines for Spain’s stalled ultra-fast chargers
Spain’s ultra-fast charging network faces a critical bottleneck as Daniel Pérez, CEO of Zunder, steps in to lead AORU. He calls for binding deadlines and sanctions on electricity distributors to unlock idle infrastructure and accelerate the electric vehicle transition.
Variable mortgages face another sharp rise in Spain
Spanish variable mortgages face fresh pressure after the Euribor reached 3.24% in September. Annual reviews could add more than €1,000 to some household costs.
Spain launches tax-free savings account to drive European investment
Spain’s government has unveiled a tax-advantaged savings account designed to channel household money into European shares and funds. The move introduces new incentives for long-term savers and seeks to reduce reliance on low-yield deposits.
Spanish car factories face tough road to military production
Spain’s automotive industry is eyeing defense as Europe ramps up military spending. But transforming car plants into arms suppliers is far from straightforward, with certification, scale, and security hurdles slowing the shift.
Madrid rolls out zero rate for self-employed and new aid for family businesses
Madrid is launching a new zero rate for self-employed retirees and extra help for freelancers on parental leave. The region is pushing to stay ahead as Spain’s economic leader.
Ibex seeks a rebound as oil and bond yields ease
The Ibex is looking for a late-quarter recovery as oil prices and bond yields pull back. Investors now await the Federal Reserve's preferred inflation gauge from the United States.
Tesla Model Y battery failures leave Spanish taxi drivers stranded
A wave of sudden battery failures in Tesla Model Y taxis has immobilized dozens of drivers across Spain. With repairs delayed and costs soaring, affected owners are now organizing to demand answers from the manufacturer.
Spanish miners secure the highest pensions in the country
A select group of Spanish pensioners now receive monthly payments exceeding 3000 euros, with the Minería del Carbón sector leading the way. September saw a record pension payout, highlighting stark differences across professions.
Spain weighs ending pension penalties after forty years of work
Spanish lawmakers are considering a move that could reshape retirement for thousands—scrapping pension reductions for those with forty years of contributions. The proposal forces a direct confrontation with the real costs and sustainability of the system.
Spanish miners collect highest monthly pensions as retirement age climbs
Spain now pays out over 10.5 million pensions each month. Miners get more than twice the national average, while new rules and later retirements reshape the system.
PP warns housing decrees put €2.5bn in EU funds at risk
Spain's Partido Popular says the housing package is too weak and too vague. The opposition also warns that €2.5bn in European recovery funds could be lost if promised reforms are not completed.
Spain's biomethane market moves from plans to investment
Spain is preparing for a sharp rise in renewable gas projects. Castilla y León could host 15% of the planned biomethane plants as investors test a market that is still taking shape.
Spain's inflation surges to its highest level since 2023
Spain's inflation reached 4.9% in September. Fuel costs and package holidays drove the sharpest monthly rise since February 2023.
Six cars that hold their value best in Spain after three years
Not all new cars lose value at the same speed. Here are the six models in Spain that keep the highest resale price after three years, based on real demand, reliability and DGT emissions label.
Dacia Sandero tops Spanish car sales as market nears pre-pandemic levels
Car sales in Spain jumped 7.8% in June 2026. Dacia Sandero led the way, while electric and plug-in hybrids grabbed a bigger share of the market.
Spain Caps Gas Price Shock for Households and Small Firms
The government has limited the rise in Spain's regulated gas tariff and fixed the price of a butane cylinder at 19.55 euros through 30 June 2027.
Feijóo rejects Government housing decree as a failed response
Alberto Núñez Feijóo has rejected the housing decree the Government plans to approve. He wants more construction, tax cuts and Yolanda Díaz's resignation as protests grow after the eviction of 87-year-old Maricarmen Abascal.
US weakens car emission rules and boosts combustion engines
The US government has unveiled a plan to relax future car emission standards, granting automakers more leeway to sell combustion vehicles. The move shifts the regulatory landscape and could reshape the global race toward electrification.
Permanent rental supply shrinks as seasonal listings surge
Spain has lost 20% of its permanent rental listings in three years. Seasonal homes have more than doubled as rent controls change the choices facing landlords and tenants.
Mortgage signings hit a two-year low
Banks registered 43,372 home purchase loans in Spain in July, the sharpest annual drop in 25 months. Buyers took on larger debts as house prices and borrowing costs made access harder.
Spain tightens electric car subsidies as France and Netherlands open doors
Spain’s subsidy program for electric cars shuts out most used models, while France and the Netherlands roll out broader support for older vehicles and low-income buyers. Spanish consumers face stricter rules and fewer choices.
Spain's housing shortfall is set to pass one million homes
Spain completed 92,000 homes in 2025 while 245,000 new households were formed. The resulting gap of 153,000 units has pushed the projected national shortfall above one million homes by 2028.
Page 1 by 20