Business News & Financial News

In Spain 20th July 2026

Spain contributing most to EU population growth thanks to immigration

Reported by the Consejeros Editorial Team A few weeks ago, the General Council of Economists of Spain (CGE) and the Foundation for Applied Economic Studies (Fedea) held a conference dedicated to the impact of migration on the Spanish economy, as part of their series on Structural Issues in the Spanish Economy. Several speakers took part in the session, presenting different papers and perspectives on the topic. Pilar Cuadrado Salinas, a…

European economy, Markets 17th July 2026

ETFs domiciled in Europe growing at breakneck pace, with net inflows of $257,500 million in first half of year

By the Consejeros Editorial Team Flows into ETFs domiciled in Europe remained largely stable throughout the second quarter of the year, totalling $42.2 billion in April, $44.3 billion in May and $46.1 billion in June. The net total, at $132.5 billion, sets a new quarterly record, surpassing the $125 billion recorded in the first quarter of this year. The net total of $132.5 billion sets a new quarterly record, surpassing…

In the World, Markets 20th July 2026

With MoU formally terminated and Strait of Hormuz virtually paralysed, Brent crude rises above $90/barrel

Report by Renta 4 Flat opening (Eurostoxx futures down 0.2%, S&P unchanged, Nasdaq up 0.2%), whilst in Asia Japan is closed today and South Korea is seeing a rebound from Friday’s falls (of 4%). Today, Burnham is set to be appointed British Prime Minister. On the geopolitical front, this marks the ninth night of US strikes against Iran, with targets extending beyond strictly military sites (bridges, infrastructure, ports), a sign…

rosa garcia consejera caixabank acerinox ence

“Many companies complicate CSRD implementation more than necessary”

Rosa Mª García Piñeiro, board member at Caixabank, Acerinox, and Ence—serving as chair of the sustainability committee for the latter two and as a committee member at Caixabank—explains that “the directive does not set the materiality threshold. The company decides it based on its own criteria. There is nothing in the legislation that prescribes what is material and what is not. The auditor-verifier may have one opinion, the company may…

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

“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…

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