Business News & Financial News

Spanish economy 5th June 2026

Treasury updates tax havens list, from Anguilla to Vanuatu

The Spanish Treasury has submitted to public consultation—until last Monday, June 1—the Draft Order that will modify the list of “countries, territories, and harmful tax regimes deemed non-cooperative jurisdictions.” Among the updates, the most notable is the proposed removal of Gibraltar, Dominica, Barbados, Seychelles, and Trinidad and Tobago as non-cooperative jurisdictions, meaning they would no longer appear on the Spanish blacklist. Conversely, the Draft Order plans to incorporate the tax…

In Europe 4th June 2026

Germany steps up reform agenda, with spotlight on defence spending and pension reform

Analysis by Morgan Stanley Jens Eisenschmidt (European macro analyst) summarises the key takeaways from a trip to Berlin with policymakers and experts in economic and defence policy. The main message points to an acceleration of Germany’s reform agenda before the summer, with the focus on pensions, the labour market, defence and public investment. Although implementation will remain gradual, the authorities are seeking to send a clearer signal of their commitment…

In the World, Markets 5th June 2026

Geopolitical instability and technological transformation boosting tangible assets

The shifting global geopolitical and economic landscape, coupled with doubts about the sustainability of public finances, is making real assets—which governments cannot simply print—increasingly attractive. By Géraldine Sundstrom Investors must be realistic. We live in a world marked by uncertainty, multipolar rivalries, geopolitical instability, and technological transformations and advances. Disruptions to supply chains are mounting, with trade frictions in an economy fragmenting into rival blocs. This is a global transformation…

“We are one of Europe’s leading R&D investors: €1.45 billion last year”

Luis Maroto is the CEO of Amadeus, which has just announced the acquisition of Idemia Public Security—for €1.2 billion—to strengthen its biometrics, security, and airport management business. Maroto explains that “alongside biometrics, digital identity is transforming how travelers move throughout their journey. Today, travelers are asked to prove their identity at almost every step: flight check-in, baggage drop, security, immigration, boarding, car rentals, hotel check-in… With digital identity, a traveller…

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

“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”

Irene Hernández, coordinating advisor of Ence, and advisor of Elecnor and Saint Croix explains that “In Spain and in the European Union, there are times when we are regulating too much and putting brakes on economic growth… 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. We are not in a position to…

…in the last week