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Basque consortium postpones entry into Talgo by one month to unblock financing of €116 million fine imposed by Renfe

Renta 4 | According to press reports, the Basque consortium formed by Sidenor, the Basque government and the BBK and Vital foundations has not formalised its entry into Talgo’s capital within the deadline set, opening a one-month extension to close the deal. The main problem is obtaining financing to structure the operation since Renfe imposed a €116 million fine on Talgo for delays in the delivery of AVRIL trains. The…

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Almost 6.6 million international tourists visit Spain in March, 3.8% more than in same month of 2024

Link Securities | According to the Border Tourist Movement Survey (FRONTUR), Spain received nearly 6.6 million international tourists in March, 3.8% more than in the same month of 2024. The United Kingdom was the main country of residence for tourists arriving in Spain, with more than 1.2 million tourists in March and an increase of 3.6% compared to the same month in 2024. From Germany, 896,441 tourists arrived (down 1.4%)…