Business News & Financial News

In Spain 12th February 2026

Treasury collects extra €9 billion since pandemic by not adjusting IRPF for inflation

The Airef (Independent Authority for Fiscal Responsibility) published a report this Wednesday updating its analysis of the factors driving tax revenue growth in recent years. In the report, it estimates that tax revenues reached €320 billion in 2025, breaking records once again. According to the fiscal supervisor’s forecasts, this represents a 9.5% increase in collection. Another key finding of the document is that the Ministry of Finance has been able…

In Europe 5th February 2026

Factory orders in Germany see two consecutive increases: up 13.0% year-on-year in December against 10.6% previously

Bankinter | Factory orders in Germany surprise upwards for the second consecutive month in December: 13.0% year-on-year against an expected 1.2% and a previous 10.6% (revised from 10.5%). In month-on-month terms, 7.8% against a drop of 2.2% and 5.7% (revised from 5.6%). The improvement is again explained by growth in orders for metallurgical products (30.2% month-on-month against 25.3% previously) and capital goods (11.5%). Capital goods were up 10.5% against 7.9%….

In the World 12th February 2026

US import prices stagnate at 0.0% in 2025, while export prices grow 3.1%

Link Securities | The Department of Labour reported yesterday that import prices rose 0.1% in December compared to November, a reading that was in line with analysts’ consensus forecasts. In December, the increase in non-fuel goods prices offset the decline in energy prices. Excluding fuels, import prices rose 0.2% in December, while non-oil prices rose 0.4%. Price increases were observed in several categories, including food, feed and beverages (0.5%), industrial…

“We need to approach negotiations with the U.S. on terms that are completely different from those currently being proposed”

Says Antonio Bonet, president of the Club of Spanish Exporters and Investors. He points out that “Europe has a single tariff applied by all member states, but the U.S. applies a tariff to each country, meaning it can decide that the tariff applied to Spanish black olives is higher than that for Italian olives, as it did at one point. So there is a part of the negotiation between Europe…

“Fifteen years ago, the European economy was larger than that of the U.S. Today, the U.S. economy is one and a half times that of Europe”

“It is a shame that we are able to mobilize economic resources for large-scale projects abroad, but not in our Spanish market”

In an interview with Consejeros magazine, Sacyr’s coordinating advisor, Elena Jiménez de Andrade, explains that now “We have great capacity to win projects, a capacity that until now contrasted with a series of financial limitations and balance sheet size. However, in this strategic cycle, we are going to eliminate those barriers. That is why we have set an ambitious goal for 2033: to triple the value of our assets. We…

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