Economy - Page 16
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Layoffs at Ficosa in Barcelona: Who Will Be Affected by the New ERE
Ficosa cuts 172 jobs at Viladecavalls plant. Ficosa has announced plans to lay off 172 employees at its Viladecavalls plant. The reason is a decrease in production in the automotive sector. The decision affects engineers and assembly line workers.
The city authorities plan to change the tax for major property owners
Progressive IBI Proposed in Madrid: Owners with Multiple Apartments Will Pay More. A new initiative for a progressive IBI was introduced in Madrid. Owners of expensive properties and large companies may face higher taxes. New benefits are provided for single-parent families.
The new Mercedes Clase C Electric hits the Spanish market with Hyperscreen and 760 km range
Mercedes Clase C Electric 2026: A Premium Sedan With a Surprising Range. The Mercedes Clase C Electric 2026 debuts with a 94.5 kWh battery, dual motors, and a range of up to 760 km. Inside, it boasts a 99 cm Hyperscreen and the new MB.OS system. The model is aimed at Spain’s premium segment.
Vote on New Agency for Catalonia's Infrastructure Depends on Junts' Position
Catalan authorities seek business backing for investment consortium. The Catalan authorities and Esquerra Republicana are trying to secure support from Junts to set up an investment consortium. Business organizations are ramping up pressure on lawmakers. The decision will be made in Congress on April 29.
Rare Signature Edition for Spain: Price, Terms, and Why Tesla Imposes Penalties
Tesla Model S and Model X Leave the Market: Final Series with Strict Contract. Tesla is ending sales of the Model S and Model X, offering a limited Signature Edition. The new version is priced higher than the standard models, and any attempt at resale could incur a fine of up to $50,000. For Spain, this is a significant signal of a shift in the brand's strategy.
Solid-State Batteries: BYD Reveals Timelines and Limitations for Europe
BYD Bets on Breakthrough Solid-State Batteries — But the Mass Market Must Wait. BYD confirms the launch of its first solid-state battery, but mass production is postponed. The technology will debut only in the premium segment and remain expensive. The Spanish market anticipates changes, but not in the immediate future.
Spain's largest lagoon in Cádiz is drained again despite full reservoirs
Authorities Fail to Restore Spain’s Largest Wetland After Record Rains. La Janda, the country’s largest wetland complex in Cádiz, has once again dried up. An artificial drainage system established under Franco remains in operation. Authorities are in no hurry to restore the region’s natural value.
Shenzhen-Zhongshan Bridge: 20 km, eight lanes and record loads
Chinese Megaproject: Sea Bridge G2518 Redefines Traffic and Technology. China has unveiled a sea bridge over 20 km long, featuring eight lanes and setting ten world records. The G2518 project can handle up to 180,000 vehicles per day and is already influencing transport standards. For Spain, this marks a new benchmark in infrastructure.
Spanish experts explain when adding gasoline to diesel can lead to costly repairs
RACE debunks the myth: why petrol in diesel is a dangerous idea for modern engines. RACE has officially dismissed the old advice of cleaning diesel injectors with petrol. For cars made after 2010, this is not just ineffective, but can lead to serious damage. An important warning for owners of modern diesel vehicles.
Geely Monjaro and Preface Hybrids with i-HEV: What the New Engine Means for the Spanish Market
Geely Takes Hybrids to the Next Level: i-HEV with Record Efficiency Now in Spain. Geely has officially unveiled its hybrid Monjaro and Preface models with the i-HEV system in Spain. The new engine promises record efficiency and consumption below 4 L/100 km. This is a challenge to the established leaders in the segment.
Democracy Summit taking place in Barcelona amid Trump’s statements
Trump Harshly Criticized Spain's Economy Despite IMF Data. Donald Trump has once again unleashed criticism against Spain's economy. The IMF, on the contrary, highlights the country's record GDP growth. In Barcelona, leaders are discussing unity in the face of external pressure.
Trump sharply criticized Spain's economy and its role in NATO
Spain's Financial Troubles Prompt Public Statement from the US. US President Donald Trump criticized Spain for its weak economic performance and minimal contribution to NATO. His statement sparked debate over the country's role in the alliance and reactions from Spanish authorities.
Europe Prepares Tough Reforms: Who Will Be Affected
Socialists Demand Limits on Social Networks and Housing Speculation in the EU. At a forum in Barcelona, socialists proposed introducing a global wealth tax, tightening control over social networks, and restricting housing speculation. Authorities are discussing reforms to protect democracy and social justice.
World leaders discussed democratic reform in Barcelona
In Barcelona, Leaders Discuss Response to the Rise of the Far Right. A forum in Barcelona gathered politicians from Spain, Brazil, South Africa, and other countries to discuss the threats posed by the far right and new challenges facing democracy. The main focus was on divisions, the search for unity, and reforms of international institutions.
Spain's Record Pension System Debt — New Taxes Fail to Solve Deficit
Spain’s Pension Reserve Reaches Maximum, but System Debt Hits €136 Billion. Spain’s pension reserve has grown, but system debt is at a record high. New taxes fail to address the deficit. The system remains dependent on government funding.
This hybrid crossover costs less than its rivals — but there’s a catch everyone overlooks
Ebro s700 HEV Hybrid Shakes Up the Market: Price and Power No One Expected. The Ebro s700 HEV, featuring a 224 hp hybrid system and a refreshed interior, is making its debut on the Spanish market. This new version promises to be the most sought-after in the lineup, thanks to its combination of power, comfort, and a reduced price. Why this hybrid might change the balance among SUVs. The price-to-power ratio is intriguing, but a surprising detail lies in the specifics.
There's a detail in the Panamera Turbo S E-Hybrid that changes everything you thought about hybrids
Panamera Turbo S E-Hybrid: The Suspension That Defies Expectations — Comfort Beyond Belief. The Porsche Panamera Turbo S E-Hybrid surprises not only with its performance but also with an exceptional level of comfort, thanks to its innovative suspension and larger battery. Technologies that redefine what a sports sedan can be reveal unexpected facets of hybrid models. A perfect balance of speed and smoothness — but there's a nuance many overlook.
Audi A1 discontinued: Why changes at the plant worry even the optimists
159 Jobs at Risk: What Lies Behind the Audi A1’s Exit from the Spanish Plant. Production of the Audi A1 at the Martorell plant is coming to an end to make way for new electric vehicles. The decision will affect 159 employees and change the structure of the facility’s operations. What changes await the plant and the region after the departure of this iconic model? The balance between innovation and job losses is not so clear-cut.
How the New Pension Acceleration Mechanism Works for Those Lacking Service Years
Spain Allows Adding Up to 4 Years to Qualifying Period for Early Retirement. A new mechanism in Spain lets people get closer to pension age without raising their contributions. Up to 4 years can now be legally added to the contribution period—just for calculating the eligible retirement age. This is crucial for those lacking enough qualifying years.
USA and Iran: A New Spiral of Tension in the Strait of Hormuz
Iran Restricts Strait of Hormuz Passage Again: Impact on Global Trade and Spain. Iran has once again closed the Strait of Hormuz to shipping. The decision is linked to actions by the US and could affect oil supplies. Spain faces potential price hikes and logistics disruptions.
Portugal launches bottle return with 10-cent payout—Spain trails behind due to bureaucracy
Portugal Instantly Returns Deposit for Packaging — Spain Awaits Approval. Portugal has introduced instant deposit returns — 10 cents for every bottle or can. Spain lags behind: system launch is blocked by lack of approval. Environmentalists warn of risks to the environment.
What prompted Spain to join talks on Hormuz
Spain shifts stance participation in Hormuz talks after initial refusal. Spain has unexpectedly agreed to join talks on Hormuz The decision reflects a shift in its approach to international missions This move could affect Spain’s role in future operations in the region
Starting 2026, 15 years of work qualifies for half a pension under new rules
Pension in Spain from 2026: minimum service grants just 50% payment. From 2026, Spain will introduce a new pension formula. With 15 years of service, the payout amount will be minimal. The new rules will affect thousands of future retirees.
Стаж прошлых лет может не позволить получить пособие — причины и нюансы
Unemployment Benefits in Spain How Errors in Work History Result in Lost Payments. Many believe a year of work means four months of benefits. However, SEPE considers more than just length of service. Mistakes in calculations can cost you your payments. Here’s why it happens.
How Barcelona became a platform for Spain and Brazil to engage in dialogue
Spanish and Brazilian Leaders Meet in Barcelona Political Shifts Ahead. Barcelona hosted the first-ever Spain–Brazil high-level meeting. The leaders discussed joint initiatives and global challenges. Their decisions could impact Spain’s policy and global role.
2025 Tax Declaration Deadlines in Spain Key Dates and New Requirements
Spanish Tax Agency Updates Tax Return Deadlines Key Points for 2025. Tax return deadlines in 2025 have changed. Online filing opens from April 8, and in-person consultations begin in June. Prepare your documents in advance to avoid mistakes and penalties.
Marbella FC Foundation secures 75-year stadium land lease — deal details
Marbella Allocates Land for 10,000-Seat Stadium on 75-Year Lease. Marbella authorities have approved a 10,000-seat stadium project. Construction cost is €115 million. The new complex will be built on the site of the demolished stadium and will transform the city center.
Winning Numbers for Lotería Nacional on April 16 2026
National Lottery Unexpected Results of April 16 Draw and Rare Coincidences. Spain held a National Lottery draw dedicated to the anniversary of the Zaragoza Chamber of Commerce. All winning numbers and prize amounts have been published. New prize distribution rules may impact participants.
Madrid welcomes the Pope and Bad Bunny all in one weekend
Madrid braces for record crowds as Pope and Bad Bunny to draw millions and euros. This June, Madrid faces a unique coincidence: the Pope’s visit and a series of Bad Bunny concerts. The city expects an unprecedented influx of visitors, leading to higher prices and pressure on infrastructure. Experts predict both an economic boost and challenges for residents.
Ban on petrol cars in the EU at risk as Germany pushes for review
Germany goes all in What the new concessions for gasoline cars after 2035 really mean. Berlin shakes up the European Union again: if the concessions for gasoline cars pass, the familiar car market could disappear, with prices and choices changing dramatically. Who stands to gain and who to lose—everything will be decided in the coming months.
Why coaches view Olise as a rare prospect
How Michael Olise Changed European Football Unexpected Turns in His Journey. Michael Olise has become a key player for Bayern and the French national team. His rise from English academies to a top club has surprised experts. Olise’s impact is also seen in Reading’s financial affairs.
Madrid Audit Chamber faces discord over tourism report
Internal dispute in the Madrid Chamber of Accounts over tourism audit and reputation risks. A conflict has erupted in the Madrid Chamber of Accounts over a tourism report. The dispute between party representatives has raised concerns about the institution’s independence. The outcome could impact financial oversight in the region.
New Corredor Mediterráneo coordinator signals shift in strategy
Joan Calabuig appointed coordinator of Corredor Mediterráneo what changes for infrastructure. Spain appoints a new coordinator for a major railway project. Joan Calabuig steps in after Boira’s departure. The move may impact the country’s transport system development.
Budget allocation for Catalonia in 2026 reaches billions
Catalan Parliament approves record €6 billion loan package. Catalonia has approved additional funding of €6 billion. The decision affects salaries, transport, and housing. The new measures could alter the region's budget balance.
115 euros per month for families with children under 3 — eligibility and key details
Benefits up to €1,380 per child will remain for low-income families in 2026. In 2026, low-income families with children will continue to receive benefits of up to €1,380 per child. The amount depends on the age of the children. The new rules maintain automatic payments for many recipients.
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