Economy

Thousands took to the streets of Tenerife on Saturday, calling for the island to temporarily curb tourist arrivals to limit a surge in short-term holiday rentals and hotel construction that is increasing housing costs for locals. 

posted on 22.04.2024

Economy

Growth in the lending income of Spanish banks is forecast to decelerate this year due to a gradual rise in deposit remuneration, whilst bad loans could increase due to the impact of global geopolitical tensions on the economy

posted on 16.04.2024

Economy

Spain is set to scrap its 'golden visa' scheme that grants residency to foreign property buyers, it was announced by prime minister Pedro Sanchez on Monday.

posted on 09.04.2024

Economy

Services sector activity in Spain grew in March at the fastest pace since May last year, according to the findings of a survey published on Thursday.

posted on 05.04.2024

Economy

Spain’s inflation accelerated in March as the government persisted in withdrawing support that had previously helped mitigate the impact of surging energy expenses.

posted on 28.03.2024

Environment

Spain's Iberdrola, IBE, is significantly reducing its goals for green hydrogen, cutting them by nearly two-thirds due to funding delays for certain projects it has proposed.

posted on 25.03.2024

Economy

Spain received a total of 85.1 million international tourists in 2023, a 19% increase over the previous year, according to the latest report by the National Statistics Institute.

posted on 11.03.2024

Markets

European Union-harmonised 12-month inflation in Spain declined to 2.9% in February as the pace of price growth in electricity and food decelerated.

posted on 04.03.2024

Business

Spain is due to launch a new state-owned tech investment company to bolster the semiconductor and audiovisual industries, amongst others, according to an announcement by Digital Transformation Minister Jose Luis Escriva on Monday.

posted on 27.02.2024

Economy

The services sector in Spain registered growth in January, the fastest pace in six months, predominantly due to strength in domestic demand, leading businesses to recruit additional staff.

posted on 06.02.2024

Economy

Spain’s economy grew 0.6% in Q4 last year compared to the previous three months, surpassing analysts’ forecasts of growth of 0.2%.

posted on 30.01.2024