Spanish public debt has reached 1.763 trillion, a new record, but the most important thing for the Government is that the Debt-to-GDP ratio has fallen from 103.4% to 101.5% of GDP in one year. It forgets to mention that inflation in the first half of the year stood at 3.2%, meaning GDP is “inflated” by price increases that do nothing but erode Spaniards’ purchasing power. Economic theory emphasizes that public…
Dcoop takes the initiative to acquire the olive oil group Deoleo. Its €470 million offer is currently the best positioned, with its Italian rivals, Coricelli and New Princess, showing no signs of improving theirs. If Dcoop’s plans come to fruition, the advantages for the cooperative are clear, as it would gain control of iconic brands with a strong presence in Spain and Latin America, such as Carbonell, Koipe, and Hojiblanca….
The trade deficit stood at nearly €32.781 billion in the first six months of the year, representing a 30.5% increase compared to the same period of the previous year, according to data from June’s foreign trade report published this Tuesday by the Ministry of Economy, Trade and Business. This result is the outcome of a 2% increase in exports, which reached €201.1336 billion between January and June—the second highest figure…
Spain’s “Misery Index,” as measured by Bloomberg (13.7), is worse than that of Greece (11.4), Portugal (8.64), the European Union (8.9), and the Eurozone (9.2). The Misery Index is a simple economic indicator designed to measure the economic discomfort or stress felt by the average citizen in a country. It was created in the 1970s by American economist Arthur Okun and is calculated by adding two key variables: Misery Index…
The limited extension is adopted after considering the energy situation marked by uncertainty in international energy markets. However, the Ministry emphasizes that this extension does not alter the closure date for the entire nuclear fleet in 2035. The Ministry for the Ecological Transition and the Demographic Challenge (Miteco) published Order TED/864/2026 of August 12 in the Official State Gazette (BOE) on Friday, granting the renewal of the operating authorization for…
The project involves the engineering, procurement, construction and commissioning (EPC) of infrastructure for the reception, processing and export of gas, and accounts for 10 per cent of the company’s order book. Report by Renta 4 Técnicas Reunidas has announced that it has accepted a letter of intent for a contract toconstruct the onshore facilities of a gas plant in the Middle East. The project comprises the engineering, procurement, construction and…
Analysis by Capital Group The potential of the artificial intelligence phenomenon could be greater than we realise. In the race for supremacy in this field, the tech giants are making capital investments on a scale and at a pace that could surpass the industrial boom experienced in China in the early 2000s, which many consider to be the greatest in modern history. After joining the World Trade Organisation in 2001,…
Consejeros Editorial Team European stock markets closed mostly lower in a session marked by a rise in Spanish inflation, a slowdown in UK GDP and geopolitical uncertainty surrounding the Strait of Hormuz. The Spanish stock market closed with slight losses on Thursday following a volatile session. The Ibex 35 fell by 0.18% to 20,168.6 points, although it did at one point exceed 20,350 points and set a new intraday high….
Consejeros Editorial Team OHLA has recorded a net profit of €0.5 million in the first half of 2026, a figure that compares favourably with the accumulated losses of €29.7 million between January and June 2025, despite reflecting the impact of the “temporary and extraordinary” circumstances associated with the Flaggers litigation on one of its construction projects in New York. Excluding this impact, the attributable net profit would have amounted to…
Consejeros Editorial Team The European Commission has made the payment of €6.234 million (excluding pre-financing) to Spain, drawn from the European recovery fund NextGenerationEU, following the adoption by the College of Commissioners of the payment decisions authorising the sixth tranche of the Recovery, Transformation and Resilience Plan (PRTR). This new injection of funds provides a further boost to the implementation of the plan’s reforms and investments as they enter their…