Economy - Page 3
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France keeps investors focused as Spain heads to early elections
Spain's early election adds political risk. Investors are watching France more closely as debt sustainability worsens and bond spreads widen across Europe.
China faces mass extinction of electric car brands by 2030
China’s electric car market is overcrowded with 129 brands but only a handful are expected to survive the next few years. A brutal price war and overcapacity are forcing rapid consolidation and reshaping the global auto industry.
Spain's wholesale power price hits its 2026 high
Spain's wholesale electricity price has reached its highest level of 2026. Gas costs and limited renewable output are driving the rise, and PVPC customers feel the market changes most directly.
Spain's electricity market crosses the 200 euro mark
Spain's wholesale electricity price will average 201.99 euros per MWh on Tuesday, the highest daily level since December 2022. Rising gas costs and stronger demand are pushing the market higher.
Spain's Largest Unions Call Nationwide Strike Over Housing Crisis
Spain’s two biggest unions, CCOO and UGT, have agreed to call a 24-hour general strike demanding higher wages to address the country’s deepening housing crisis. The move comes as political uncertainty grows ahead of early elections.
Spanish pension increases tied to inflation remain untouchable by politics
Spain’s pensioners can count on annual increases matching inflation, no matter who governs. The law now locks in these adjustments, but any extra boosts above inflation still depend on political will and budget negotiations.
Spain delays Verifactu rollout until 2028 after business pushback
The Spanish government has postponed the Verifactu digital invoicing system for a third time, aligning its start with electronic invoicing rules in 2028. The move follows sustained pressure from business groups and tax advisors demanding a unified transition.
Spanish companies stall on electric cars as private buyers surge ahead
Spanish companies buy most new cars but resist electric models. Only 10 percent of their purchases are zero emissions, while private buyers reach 25 percent. New incentives target small businesses, but the gap remains.
Spain pushes Verifactu launch to 2028 in major tax tech delay
The Spanish Tax Agency has postponed the full rollout of Verifactu until October 2028, aligning it with the new electronic invoicing mandate. This move follows months of industry lobbying and signals a strategic shift in Spain’s digital tax agenda.
Blackstone wins €52 million Spanish housing deal as government slams 'vulture funds'
Blackstone has secured a €52.45 million contract to manage thousands of Sareb homes, including social housing, even as Spanish officials publicly attack the fund. The deal exposes a sharp split between political talk and government action.
Government tax push on socimis delivers minimal revenue impact
Spain’s latest attempt to tighten taxes on real estate investment trusts barely touched the sector. Despite political rhetoric, the so-called Maricarmen decrees would have raised less than ten million euros a year, affecting only a handful of residential-focused socimis.
Iberdrola eyes insurance sales as Spain’s electric car sector draws billions
Iberdrola is moving to sell insurance to its customers in a bid to diversify income streams. Meanwhile, Spain is seeing a 7.6 billion euro influx into electric vehicles and a banking sector racing to harness artificial intelligence.
Seat puts Indra defence vehicle deal on hold
Seat has paused talks with Indra over a proposed military vehicle programme at its Martorell plant. The carmaker remains unsure about the project's scale, future and value to its business.
Macron and Sánchez clash over Chinese electric car factories in Spain
Emmanuel Macron and Pedro Sánchez are at odds over how to handle China’s electric vehicle push. While France demands tough tariffs, Spain courts Chinese investment to boost its own manufacturing know-how.
Spanish car wash owner turns five daily clients into a thriving business
Manuel’s car wash in Spain defies expectations by generating up to 15000 euros monthly with just a handful of vehicles each day. His approach focuses on specialized detailing and subscription plans rather than high volume.
Spanish mortgages push first-time buyers to the edge
Mortgage costs are rising as Spanish homes become harder to finance. Mixed-rate loans are replacing variable deals, but banks are still tightening access.
Spain faces record car ageing as vehicle renewal stalls
The average age of cars in Spain will hit 14.6 years in 2025, with some provinces nearing two decades. Electrified vehicles remain rare, and the gap with Europe widens as renewal slows.
Spanish carmakers face record investment as profits collapse
Spain’s automotive industry saw profits plunge by 56 percent even as manufacturers poured record sums into new investments. Chinese brands and used cars are reshaping the market, while job losses and an aging vehicle fleet add to the pressure.
Foreign funds now control half of Spain’s listed market
International investors held 50.4% of Spain’s listed companies at the end of June 2026. Passive and active funds have posted strong returns, while fund managers are looking beyond the market’s biggest winners.
Dacia Striker launch challenges rising car prices in Europe
Dacia’s global chief calls out the soaring cost of new cars and regulatory pressures as the brand unveils the Striker in Milan. She argues Dacia is no longer just low-cost but a smart choice for European drivers facing shrinking purchasing power.
Rental supply faces new threat as housing decrees are scrapped
Spain’s real estate sector welcomes the end of controversial housing decrees, but uncertainty is pushing small landlords to reconsider renting. Experts see a risk of even fewer rental homes as confusion over rules deepens and investment stalls.
Twelve Days Trapped on the Road in China’s Record Traffic Jam
In 2010, a stretch of Chinese highway turned into a 100-kilometer parking lot for nearly 12 days. Thousands of drivers were stranded, facing shortages and soaring prices for basic goods as the world’s longest traffic jam exposed the limits of overloaded infrastructure.
Electric car subsidies in Spain face freeze as government crisis deepens
Spain’s electric car buyers are now caught in political crossfire as government infighting threatens to halt subsidies. With the Plan Auto+ funds exhausted and no new budget in sight, tens of thousands could be left without support for the rest of the year.
Eurozone inflation jumps to 3.8% as energy costs surge
Eurozone inflation reached 3.8% in September, driven by a sharp rise in energy costs. Europe now faces more expensive gas and oil imports as governments prepare for winter.
Ibex 35 ends weekly losing streak but still falls 3.1%
The Ibex 35 gained 0.42% on Friday after its worst week since April. Higher bond yields and weaker US jobs data kept monetary policy at the center of market concerns.
Ibex 35 finds relief as weaker US jobs cool rate fears
The Ibex 35 rebounds as weaker US hiring eases rate fears. G7 oil reserves add relief, while banks and Repsol lag behind.
Used car sales in Spain surge as buyers reject new models
Spanish families are turning to used cars in record numbers, with August sales up 6 percent and nearly five used vehicles sold for every three new ones. Price, immediate availability and a wider range of models are driving this shift.
Ibex 35 stays above 19,000 as markets await US jobs data
The Ibex 35 held above 19,000 points at midday on Friday as investors waited for US employment data. French borrowing costs, faster euro-area inflation and falling oil prices kept the wider market cautious.
Leapmotor rockets to sixth in Spain’s electric car market
Leapmotor has jumped to sixth place among electric car brands in Spain after a 140% surge in registrations in the third quarter. With four models now in the top 30 and local production about to start in Zaragoza, the brand is shaking up the Spanish EV market.
Three in four Spanish renters fear losing their homes
Nearly 75% of renters in Spain now worry they could be forced out of their homes within two years. The pressure is sharpest for Generation Z and millennials, exposing a deepening housing crisis.
Most Spaniards back limits on the rental market
A 40dB survey shows strong support for rental caps and eviction delays. Backing extends beyond left-wing voters as housing rises to Spain's second biggest concern.
Urbagestión takes a hit as Maricarmen returns to Retiro flat
Urbagestión will clear less than €200 a month after costs from a Retiro apartment now rented to Maricarmen for €500. The mortgage alone is more than double the rent, laying bare the financial squeeze behind a case that has drawn public scrutiny.
Alphabet reaches 100,000 vehicles in Spain after 25 years
Alphabet now manages over 100,000 vehicles in Spain, a major milestone for the BMW Group subsidiary. The company is moving deeper into electrification, flexible leasing, and digital fleet solutions for businesses.
Spain's 10-Year Bond Yield Hits 13-Year High
Spain's Treasury paid 4.176% to sell 10-year debt at its 1 October auction. Global pressure is pushing up sovereign yields, but Madrid says Spain's own risk remains well below 2013 levels.
Málaga breaks into Spain’s top ten for electric car purchases
Málaga has climbed to the tenth spot nationwide for electric car registrations, with over 10 percent of new vehicles now electric. Yet most drivers remain unaware of key government incentives, exposing a gap between interest and real-world adoption.
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