Tag #Spanish Economy

Showing 61 to 72 of 204 results

cincodias.elpais.com
🌐 85% Global Worthiness
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Spain's Shopping Tourism Boom: Latin American Spending Fuels Growth

Spain's shopping tourism sector thrives, becoming the world's third-largest market for VAT refunds to non-EU tourists (Global Blue data), driven by a 2018 policy change eliminating minimum purchase amounts for VAT refunds and attracting significant spending from Latin American and US tourists, parti...

Progress

40% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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Record Tax Revenue in Spain from Soaring House Prices

Spain's regional governments saw record tax revenue of "12.36 billion euros in 2024 from property transactions (ITP and AJD), a 14.8% increase from 2023, driven by high house prices despite a slight decrease in used home sales compared to 2022.

Progress

36% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 85% Global Worthiness
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Spanish Government Weighs Intervention in BBVA's Sabadell Takeover Amidst Legal and EU Concerns

The Spanish government is reviewing BBVA's takeover bid for Banco Sabadell, potentially imposing conditions beyond those set by the CNMC, prompting legal uncertainty and EU scrutiny, with the final decision to be made by the Council of Ministers within one month.

Progress

44% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Spain's Economic Growth Slowdown Amidst US Trade Tensions and Fiscal Pressures

Spain's economic growth, strong in 2024, faces a slowdown due to US trade tensions impacting key trading partners, coupled with internal fiscal pressures and rising sovereign debt yields, resulting in lower GDP projections for 2025 (2.3%) and 2026 (1.6%).

Progress

52% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Spain Reviews BBVA-Sabadell Merger, Potential EU Conflict

The Spanish government is reviewing BBVA's takeover bid for Banco Sabadell, potentially adding conditions beyond the CNMC's approval, despite the European Commission stating it sees no reason to block the deal and urging alignment with the BCE and CNMC; the government has 30 days to analyze the situ...

Progress

44% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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'Dupe' Cosmetics: Legal and Economic Implications of Brand Mimicry

The rising popularity of 'dupe' cosmetics, budget-friendly alternatives mimicking high-end brands, is causing legal and economic challenges for the industry, especially due to misleading online comparisons on platforms like TikTok and Instagram.

Progress

52% Bias Score

Responsible Consumption and Production
elpais.com
🌐 75% Global Worthiness
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Soaring Spanish Mortgages: No Credit Bubble Yet

Spanish mortgage approvals surged 44.5% year-on-year in March 2024, reaching levels unseen since 2019, yet experts and institutions like the Bank of Spain assert this growth doesn't signal an immediate credit bubble risk due to stricter regulations and historically low household debt.

Progress

48% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 65% Global Worthiness
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Low Interest Rates Challenge Spanish Savers

Due to the ECB's interest rate cuts, Spanish savers struggle to find high-yield options; however, some banks offer accounts and deposits with returns near 3%, often with conditions, while short-term fixed-income funds present an alternative, albeit without guaranteed returns.

Progress

36% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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Bank of Spain approves €250 million modernization plan

The Bank of Spain's governor, José Luis Escrivá, approved a €250 million, 2030 strategic plan for technological modernization, a new museum, and staff reorganization, aiming for efficiency gains to offset costs; the plan has received mixed reactions.

Progress

48% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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Spanish Business Groups Oppose 37.5-Hour Workweek, Predicting Price Increases

Spain's CEOE and Cepyme strongly oppose the government's proposed 37.5-hour workweek, predicting higher prices and reduced services due to increased business costs (potentially 7%, according to a government report). They urge political parties to reject the measure.

Progress

52% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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Growth of Spanish Socimis Expected to Accelerate in 2025

Around 25 to 30 Spanish socimis are expected to list on stock exchanges in 2025, driven by reduced costs and simplified processes, particularly on Portfolio and BME Scaleup, while the Spanish Government's earlier regulatory concerns are now alleviated. Currently, 150 socimis are listed across variou...

Progress

52% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 65% Global Worthiness
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Spain Reports Record-High Employment Figures in April

Spanish Minister Elma Saiz announced record-high employment figures exceeding 21.8 million affiliates in April, attributing the success to government policies such as labor reform, European funds, and measures to reduce electricity costs, while also highlighting improvements in employment across dif...

Progress

56% Bias Score

Decent Work and Economic Growth

Showing 61 to 72 of 204 results