Ana Ramos, 25, kept her job but could no longer afford to live alone as rent and daily expenses soared. Her story shows how steady employment no longer guarantees independence for Spain’s youth. Moving out has become a financial calculation, not a personal failure.
La Casa de las Carcasas has built a €300 million business by turning phone case purchases into multi-product sales. Its strategy pairs accessory cross-selling with a growing network of more than 1,100 stores across 13 countries.
Spain’s electricity price falls by over 13% this Sunday, reaching its lowest point at midday. The most expensive hour will be in the evening. Consumers face a volatile market with impressive hourly differences.
The Spanish government plans to require individuals to prove the legal origin of large sums of undeclared cash. The measure would reverse the burden of proof and introduce stricter penalties for violations.
Hundreds of castle-like villas at Turkey’s Burj Al Babas remain abandoned after a failed luxury project. Authorities accuse 13 people of defrauding Gulf investors of $67 million. The site has become a symbol of broken promises and unresolved legal battles.
Hong Kong has become the most expensive place on the planet to buy petrol, with a full tank for a standard car now exceeding €200. Taxes and Hong Kong’s urban geography, shaped by local policy, have pushed prices far beyond European levels.
The US lost 23,000 jobs in July, defying forecasts and lowering the labor force participation rate. Persistent inflation and a weaker job market now put the Federal Reserve in a difficult position.
Transferring money to children in Spain does not affect their income tax, but families must pay close attention to donation tax rules. Regional rules and filing requirements can significantly affect what they owe.
Spain’s AIReF says the share of Ingreso Mínimo Critical recipients also receiving unemployment subsidies doubles among people over 52. It recommends reviewing how the benefits overlap, but no immediate legal changes are planned.
Planifica Madrid has put a luxury penthouse in Chamberí on the market for €6.7 million. The property was bought for temporary office use during renovations. Four Gran Vía properties are also being sold.
Junts per Catalunya has sharply criticized the PSC-led government halfway through its term, arguing that Salvador Illa’s leadership has worsened basic sectors in Catalonia. Infrastructure and housing are at the center of the dispute, alongside education.
Porsche SE has backed Volkswagen’s restructuring, which targets roughly 100,000 workforce reductions worldwide by 2030 and puts the future of four German plants in question. The move aims to restore profitability and sharpen the group’s competitive edge.
Porsche has partnered with Chinese EV maker XPeng to pool emissions for 2026 and 2027, aiming to comply with stricter EU regulations. The move reflects mounting pressure on European brands as electric vehicle sales slow and regulatory deadlines approach.
More than 900 million SpaceX shares become available for trading after a lockup period, more than doubling the free float. The release follows a sharp drop in the stock price, leaving investors and employees to weigh their options amid ongoing volatility.
Publix saw modest sales growth in the second quarter as comparable-store sales fell. Rising food prices and economic pressures are changing how customers shop. Net earnings increased, while the company’s internal stock value dropped.
Spain’s government has opened the Auto+ subsidy, offering up to €4,500 to buyers of select electric and plug-in hybrid cars. Only models that meet strict European manufacturing criteria qualify for the maximum grant.
The Generalitat’s new tax cuts promise relief for millions, but the basic gains go to those with large estates. Public budgets face a impressive shortfall so.
Nik Storonsky, CEO of Revolut, is being sued in London for €17.5 million by yacht broker Cecil Wright & Partners, which alleges it enabled the purchase of a €350 million superyacht. Storonsky’s family office denies any obligation to pay.
Geely’s E2, China’s top-selling electric car, is set to roll off production lines in Valencia. With a limited-time offer starting at €13,990, the move puts pressure on European manufacturers as the autumn sales season approaches.
Porcelanosa closed 2025 with €863 million in sales, steady profits and a sharp rise in industrial investment. The group faced setbacks in the US but posted strong growth in Iberia and industrialized construction.
The Leapmotor B10 overtook rivals to become Spain’s best-selling electric car in July. Local assembly is now underway in Zaragoza, and the model’s success could reshape the country’s EV market and manufacturing field.
Jensen Huang, CEO of Nvidia, says hundreds of thousands of skilled tradespeople will be needed to build the infrastructure for artificial intelligence. As Spain already faces shortages in these professions, the surge in data centre construction is set to intensify competition for qualified workers.
Ducati’s future is at the center of a heated dispute after an Italian investment group claimed to have made a €2.5 billion offer, while Volkswagen firmly denies any sale talks. The standoff leaves the fate of the legendary brand uncertain.
Oriol Junqueras urges cross-party agreements to create stable expert teams in education and infrastructure. The plan aims to protect basic sectors from political turnover and ensure consistent funding, while giving social and economic stakeholders a voice.
Spanish residents can now apply for Auto+ subsidies to buy electric and plug-in hybrid vehicles. The program offers retroactive eligibility and a simplified digital process for individual applicants, with a unified platform intended to speed up payments.
Platform failures and missing eligible brands marred the first day of Spain’s Auto+ subsidy for electrified vehicles. With funds already in high demand, buyers and dealers are scrambling for clarity.
Bogaris Sevilla Norte has officially opened its doors along the SE-20, bringing more than 11,200 square metres of new retail and dining options to the city. Action and Guaw are joined by Popeyes in the first phase, with Planet Fitness and Izumo set to join soon.
More than 34,000 kilometers of Spanish roads need urgent reconstruction after years of underfunding. Heavy truck traffic is accelerating the formation of deep ruts and cracks, while the government’s new plan aims to address a €13.5 billion maintenance shortfall.
Pablo Vázquez Vega, an economist and close adviser to Alberto Núñez Feijóo, died at 60. He led Reformismo 21, the basic think tank linked to the Partido Popular. His death leaves a gap in the party’s strategic direction.
A major change to Spain’s retirement rules will allow pensioners to return to part-time work with impressive financial incentives. Effective August 28, 2026, the new law introduces bonuses of up to 25% for those who meet specific conditions.
In 1961, Soviet scientists released thousands of red king crabs into the Barents Sea, hoping to create a new fishing industry. Decades later, the species has transformed the region’s marine life and become a lucrative export for Norway, but at a lasting environmental cost.
Artisans and artists in Seville’s corralones face pressure as developers seek to replace workshops with tourist accommodation. Residents report harassment and are calling on authorities for urgent protection.
Major European automakers are cutting nearly 150,000 jobs by 2035 as sales in China fall and trade barriers rise, while the shift to electric vehicles gathers pace. Germany and its flagship brands are at the center of this upheaval.
A major study finds that electric vehicles in Germany have become significantly cheaper in real terms, while gasoline and diesel cars have grown more expensive. The shift reflects the industry’s growing maturity and changing consumer options.
Iñaki Gabilondo, who led Ulma Group for 16 years, has died unexpectedly at 62. His death leaves a mark on Gipuzkoa's business and cooperative field. The funeral will be held on Tuesday.
