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In Spain

In Spain 3rd October 2023

Brussels unlocks third tranche of EU aid for Spain, another €93.5 billion

The European Commission (EC) has endorsed the addendum to the extension of the Recovery Plan and accepts that Spain replaces the commitment to charge for the use of motorways with an increase in rail freight transport. Thus, the EC has given its approval to the addendum to the extension of the Recovery Plan by which Spain requests another €94 billion, between credits and aid, from the Next Generation programme and…

In Spain

Sovereign wealth funds like Spain

In Spain

Spanish 10-year bond yields above 4% for first time in nine years

In Spain

Mortgages granted in July in Spain fall by -18.8% year-on-year, average interest rate rises

In Spain

EGC upholds tax aid to Spanish companies for purchases abroad originally struck down by Brussels

In Spain

Spanish banks’ NPLs remain at 3.50% in July, despite stock of credit falling by -3.09% year-on-year; BBVA, Sabadell and Caixabank, top picks

Spanish economy 26th September 2023

Profit in Spain’s industrial sector down 40% in second quarter

The data on gross profit before tax and interest published by the Banco de España in its Central Balance Sheet Data Office have just been published. The slump in the gross economic result of the industrial sector is 40% in the spring year-on-year rate, a fall that aggravates that recorded in the first quarter (-15%). Revenues of non-financial companies fell by 7.1%, while personnel costs rose by 9.6% in 2Q23….

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