Economy - Page 5
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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.
Lagarde says higher rates are not the main cause of Europe's housing crisis
Christine Lagarde says ECB rate rises are not the main cause of Europe's housing crisis. She points to a gap between housing supply and demand, while acknowledging higher mortgage costs, weak investment and a severe shortage of homes in countries such as Spain.
Spain's Mortgage Market Hits a New Barrier for Homebuyers
Hundreds are camping in Madrid's Puerta del Sol as mortgage activity falls. The average loan has reached a record 180,785 euros, while fewer buyers are completing purchases.
US Eases Fuel Efficiency Rules for New Cars
The US Department of Transportation has approved less stringent fuel efficiency standards for vehicles, reversing previous targets and raising concerns about higher fuel costs and emissions. The move is expected to impact car buyers and the automotive industry for years.
Spanish mortgage rates climb above 3%
Spain's average mortgage rate has crossed 3% again. Sabadell and Ibercaja offer monthly savings of around €75 on a typical loan.
Trump slashes US fuel standards in dramatic rollback
The US has scrapped strict fuel economy rules set for 2031, cutting requirements and dropping the planned credit market. The move promises $1,300 savings per new car but raises questions for European suppliers and climate policy.
Spain faces hidden risks as tax revenue outpaces real growth
Spain’s tax revenue is rising at a pace far beyond the country’s real economic growth, driven by inflation and higher VAT and income tax collections. Analyst Marc Vidal cautions that this apparent strength could conceal structural weaknesses with long-term consequences.
CaixaBank sees mortgage growth losing pace in 2027
CaixaBank expects mortgage growth to slow in 2027 as home prices and interest rates shut more buyers out. Consumer and business lending are holding up better.
Spanish Economic Boom Leaves Millions Behind
Spain’s economy has surged since 2013, but the benefits have bypassed much of the population. Despite record employment and rising profits, stagnant wages and persistent poverty reveal a widening gap between headline growth and everyday reality.
Europe weighs fuel relief as pressure to cut energy use grows
Britain is studying temporary limits on fuel purchases as energy prices rise again. Brussels is asking governments to cut gas and electricity use, while Spain prepares fresh support for drivers and households.
Spanish Growth Faces Hidden Strains as Tax Revenue Surges
Spain’s economy continues to outpace much of Europe, but economist Marc Vidal points to warning signs behind the headline numbers. Rising tax revenue, persistent inflation, and a population boom are reshaping the real story of Spanish growth.
Trump's Crypto Empire Leaves Retail Investors Billions Short
Donald Trump's crypto ventures added billions to his family's wealth while retail investors took heavy losses. The collapse of $TRUMP exposed the conflict between political promotion and private profit.
Mortgage demand falls as Spain's housing market slows
Spain recorded 43,372 home mortgages in July. Annual lending fell 3.5% as higher prices and financing costs began to slow the property market.
Santiago Niño Becerra demands action on Spain’s housing crisis
Economist Santiago Niño Becerra says Spain’s housing crisis won’t end until more homes hit the market. He blames millions of empty properties and the unchecked rise of tourist rentals, tracing the roots back to the 1950s.
Clicars opens Murcia hub to fight Spain’s old car problem
Clicars has set up its first physical hub in Murcia, aiming to help locals swap out old cars for newer, certified models. The company targets one of Spain’s oldest car fleets with fast sales, next-day delivery, and flexible payment plans.
Spanish mortgages slow as average loans hit €180,785
Spain recorded fewer mortgage deals in July, but the average loan reached a record €180,785. Higher interest rates are adding to the pressure on buyers.
Santiago Niño Becerra calls for urgent action on Spain's housing crisis
Economist Santiago Niño Becerra argues that Spain’s housing crisis cannot be solved without a dramatic increase in available homes. He dismisses legislative fixes as mere stopgaps and points to millions of empty properties and the rise of tourist rentals as key obstacles.
Spanish mortgage size hits record as July signatures fall
Spain recorded fewer home loans in July. Yet the average mortgage reached a historic high of 180,785 euros. The figures point to a housing market under renewed price pressure.
Euribor rise puts Spanish variable mortgages under fresh pressure
The Euribor is set to reach 3.22% in September. Average variable mortgage payments could rise by €828 a year as the ECB keeps pressure on borrowing costs.
Spain launches major electric vehicle subsidy push for businesses
Spain is rolling out a powerful subsidy program to accelerate electric vehicle adoption among businesses and self-employed workers. The Plan Auto+ Line 2 offers up to €7,500 per van and strict eligibility rules, aiming to reshape the national transport landscape.
Used car sales surge as Spain rewrites the rules of the road
Spain’s used car market is booming, with nearly two million vehicles expected to change hands this year. As digital platforms transform how Spaniards buy and sell, new challenges and opportunities are emerging for buyers, sellers, and the entire mobility sector.
Telefónica Germany turns to AI as merger talk returns
Telefónica Germany is rebuilding after losing 1&1. AI should cut costs as the operator expands fixed-line services, targets business customers and keeps network deals on the table.
Telefónica puts German O2 through an AI-led overhaul
Telefónica is rebuilding its German O2 business around artificial intelligence. The plan includes 150 AI applications, staff cuts and 60 store closures as the company seeks new growth.
Ford profit plunges in Spain even as car sales climb
Ford Spain closed 2025 with a net profit of €69 million, down 70% from the year before. Sales jumped, but revenue and output dropped, showing the strain of the electric transition.
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