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Spanish economy 2nd December 2021

Mortgage Signings In Spain Soar In September And Hit Decade Highs With 42,547 Loans For Home Purchases

Alphavalue | The average price of used housing in Spain rose by +0.8% month-on-month in November to 1,831 euros/m2, according to Idealista’s latest real estate price index. In the major capitals, the price increased by +0.3% in Barcelona and fell by the same amount in Madrid (-0.3%) compared to the previous month. If we look at the year-on-year figure, the national average price has increased by +3.5%: housing in the…

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Telefonica nubecillas

Spanish economy 25th November 2021

The Government Extends Its Veto On Takeover Bids And Cools The Prospects Of A Possible Corporate Operation By Telefónica.

Bankinter | The Spanish government extends its veto power against possible takeover bids by one year, until December 2022. So in Telefónica (TEF), as a company considered strategic, the government will have to authorise purchases by EU investors of more than 10% of the capital. The ability to veto investments from outside the EU also remains in force indefinitely. These restrictions were imposed in April 2020 to prevent Spanish companies…