Spain Approves 37.5-Hour Work Week; Further Labor Reforms Planned
The Spanish Council of Ministers approved a bill reducing the standard work week to 37.5 hours, facing upcoming parliamentary debate and further challenges regarding intern's statute, dismissal reform, and minimum wage directives.
Spain Approves 37.5-Hour Work Week; Further Labor Reforms Planned
The Spanish Council of Ministers approved a bill reducing the standard work week to 37.5 hours, facing upcoming parliamentary debate and further challenges regarding intern's statute, dismissal reform, and minimum wage directives.
Progress
24% Bias Score
EU Economic Growth Stagnates as Germany, France, and Italy Underperform
The EU's 2024 economic growth of 0.8% (Eurozone: 0.7%) slowed significantly in Q4 2024, leading to near-stagnation at the start of 2025, primarily due to weak performances from Germany, France, and Italy, while Spain showed strong growth.
EU Economic Growth Stagnates as Germany, France, and Italy Underperform
The EU's 2024 economic growth of 0.8% (Eurozone: 0.7%) slowed significantly in Q4 2024, leading to near-stagnation at the start of 2025, primarily due to weak performances from Germany, France, and Italy, while Spain showed strong growth.
Progress
44% Bias Score
PP Extends Housing Loan Guarantees to Age 40
The Partido Popular (PP) in Spain announced an agreement to extend housing loan guarantees to people up to 40 years old in regions under their control, covering 20% of housing costs, as an alternative to the current government's policies deemed ineffective.
PP Extends Housing Loan Guarantees to Age 40
The Partido Popular (PP) in Spain announced an agreement to extend housing loan guarantees to people up to 40 years old in regions under their control, covering 20% of housing costs, as an alternative to the current government's policies deemed ineffective.
Progress
52% Bias Score
Record High Pension Payout in Spain Reaches \u20ac12.97 Billion in December 2024
Spain's Social Security system paid a record \u20ac12.97 billion in contributory pensions in December 2024, a 7.04% increase from December 2023, driven by a 3.8% pension increase for 2024 and reflecting the increasing number of pensioners; 73.1% of this was for retirement pensions.
Record High Pension Payout in Spain Reaches \u20ac12.97 Billion in December 2024
Spain's Social Security system paid a record \u20ac12.97 billion in contributory pensions in December 2024, a 7.04% increase from December 2023, driven by a 3.8% pension increase for 2024 and reflecting the increasing number of pensioners; 73.1% of this was for retirement pensions.
Progress
44% Bias Score
Spanish PP Unexpectedly Agrees to Valencian Debt Relief
Following a government proposal for debt relief, the Spanish Popular Party initially rejected bilateral write-offs but unexpectedly agreed to a debt relief only for the Valencian Community after a proposal by the President of Madrid, creating divisions within the party.
Spanish PP Unexpectedly Agrees to Valencian Debt Relief
Following a government proposal for debt relief, the Spanish Popular Party initially rejected bilateral write-offs but unexpectedly agreed to a debt relief only for the Valencian Community after a proposal by the President of Madrid, creating divisions within the party.
Progress
60% Bias Score
Spanish Labor Reform Cuts Temporary Contracts Significantly
Spain's 2021 labor reform drastically reduced temporary contracts from 80% to 35% for first-time employees, with a corresponding increase in permanent positions, while overall temporary contracts fell from approximately 25% to 16%, according to Fedea and BBVA Research.
Spanish Labor Reform Cuts Temporary Contracts Significantly
Spain's 2021 labor reform drastically reduced temporary contracts from 80% to 35% for first-time employees, with a corresponding increase in permanent positions, while overall temporary contracts fell from approximately 25% to 16%, according to Fedea and BBVA Research.
Progress
40% Bias Score
PP Land Law Proposal Challenges Spanish Government
The Partido Popular (PP) in Spain introduced a land law proposal in the Senate, aiming to pressure the Socialist government by highlighting its perceived parliamentary weakness; the proposal is similar to a previous bill but includes controversial housing provisions.
PP Land Law Proposal Challenges Spanish Government
The Partido Popular (PP) in Spain introduced a land law proposal in the Senate, aiming to pressure the Socialist government by highlighting its perceived parliamentary weakness; the proposal is similar to a previous bill but includes controversial housing provisions.
Progress
52% Bias Score
PP Unveils Regional Housing Plan with ITP Tax Cut
PP regional presidents and Alberto Núñez Feijóo met in Asturias to finalize the "Asturias Declaration," a 12-page document proposing tax cuts (reducing ITP to 4% for young homebuyers), land liberalization, and anti-occupation measures to address Spain's housing crisis.
PP Unveils Regional Housing Plan with ITP Tax Cut
PP regional presidents and Alberto Núñez Feijóo met in Asturias to finalize the "Asturias Declaration," a 12-page document proposing tax cuts (reducing ITP to 4% for young homebuyers), land liberalization, and anti-occupation measures to address Spain's housing crisis.
Progress
52% Bias Score
Poll Reveals Deep Divisions in Public Perception of Spain's Government
A 40dB. poll shows 71.5% of Spaniards perceive the Spanish government as unstable and divided, varying across political lines; while the current coalition remains the most popular option, economic concerns outweigh positive economic indicators.
Poll Reveals Deep Divisions in Public Perception of Spain's Government
A 40dB. poll shows 71.5% of Spaniards perceive the Spanish government as unstable and divided, varying across political lines; while the current coalition remains the most popular option, economic concerns outweigh positive economic indicators.
Progress
40% Bias Score
Spain Unveils New Rental Index to Curb Excessive Rent Increases
Spain's National Statistics Institute (INE) and Ministry of Housing launched a new rental index on December 31st, 2023, to limit annual rent increases based on a formula considering CPI, core inflation, and long-term growth expectations, as mandated by the Housing Law to protect tenants from excessi...
Spain Unveils New Rental Index to Curb Excessive Rent Increases
Spain's National Statistics Institute (INE) and Ministry of Housing launched a new rental index on December 31st, 2023, to limit annual rent increases based on a formula considering CPI, core inflation, and long-term growth expectations, as mandated by the Housing Law to protect tenants from excessi...
Progress
36% Bias Score
Spain to Partially Forgive Regional Debt, Reform Financing System
Spanish Prime Minister Pedro Sánchez announced a partial debt forgiveness for autonomous communities and a comprehensive reform of the financing system, including addressing population criteria, fiscal spaces, and regional disparities, at a meeting in Santander with regional leaders.
Spain to Partially Forgive Regional Debt, Reform Financing System
Spanish Prime Minister Pedro Sánchez announced a partial debt forgiveness for autonomous communities and a comprehensive reform of the financing system, including addressing population criteria, fiscal spaces, and regional disparities, at a meeting in Santander with regional leaders.
Progress
36% Bias Score
Madrid: New Hub for Latin American Wealth
Wealthy Latin Americans are increasingly investing in and relocating to Madrid, attracted by education, real estate, and business opportunities, boosting the city's financial sector and strengthening Spain-Latin America ties.
Madrid: New Hub for Latin American Wealth
Wealthy Latin Americans are increasingly investing in and relocating to Madrid, attracted by education, real estate, and business opportunities, boosting the city's financial sector and strengthening Spain-Latin America ties.
Progress
44% Bias Score