In Spain

empresas cierre disolucion

Company formations fall 2% and dissolutions rise 24.9%

Reported by Consejeros Editorial Team The number of commercial companies formed in Spain fell by 2% in April compared with the same month in 2025, whilst the number of companies dissolved rose by 24.9% year-on-year, according to data from the National Institute of Statistics (INE). In April, 11,558 commercial companies were formed, 2% fewer than in the same month of 2025. The subscribed capital for their incorporation recorded an annual…


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Inflation (3.2%) outpaces average wage increase in agreements signed this year (3%)

The average wage increase agreed upon in collective bargaining agreements registered through May was 3%, according to data updated yesterday by the Ministry of Labor. This percentage was reached for the first time this year, having climbed slowly in recent months from the 2.87% recorded at the start of the fiscal year. Consequently, the average pay improvement has remained below the CPI (Consumer Price Index) for the third consecutive month….


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61% of Spanish companies experiencing payment delays due to customers’ liquidity problems

And most companies are pessimistic about the trend in insolvencies over the coming months, according to Crédito y Caución’s Payment Practices Barometer. Specifically, 70% expect default levels to remain high and 16% anticipate a worsening, By Consejeros Editorial Team Crédito y Caución has just published the Spanish Payment Practices Barometer, compiled with the participation of over 200 companies from various sectors. 61% of the companies surveyed report experiencing payment delays,…


huawei semiconductor industry

Spanish government opposes European Commission’s ban on Huawei

The Spanish Government opposes the Cybersecurity Act (CSA) currently being drafted in Brussels empowering the European Commission (EC) to designate so-called High-Risk Vendors (HRVs). In practice, this would mean banning Chinese telecommunications equipment providers, such as ZTE and especially Huawei, from European telecom infrastructures. The European Commission’s proposal turns what was previously a recommendation into an obligation: banning Chinese manufacturers from mobile networks, granting a three-year deadline for their replacement….


Spanish Housing Market

Housing prices rise by 12.9% in one year in Spain

The price of free-market housing in Spain rose by 12.9% in the first quarter of the year compared to the same period in 2025, maintaining the same year-on-year growth recorded in the last quarter of last year, according to the Housing Price Index (IPV) published this Monday by the National Statistics Institute (INE). (On a quarterly basis: first quarter of 2026 compared to the fourth quarter of 2025, free-market housing…


spain public finances

State-owned enterprises push headcount to more than twenty-year high: 198,500 workers

The increase in public employment, at rates that—proportionately—surpass those of the private sector, is a trend that has been repeated quarter after quarter since the end of the pandemic. Less well-known, however, is the intensity with which this boom is manifesting in the government subsector corresponding to state-owned enterprises and related institutions. This category, as explained by the newspaper El Economista, already brings together 198,500 workers. Nearly 200,000 wage earners….


Gibraltar

Treasury updates tax havens list, from Anguilla to Vanuatu

The Spanish Treasury has submitted to public consultation—until last Monday, June 1—the Draft Order that will modify the list of “countries, territories, and harmful tax regimes deemed non-cooperative jurisdictions.” Among the updates, the most notable is the proposed removal of Gibraltar, Dominica, Barbados, Seychelles, and Trinidad and Tobago as non-cooperative jurisdictions, meaning they would no longer appear on the Spanish blacklist. Conversely, the Draft Order plans to incorporate the tax…


poverty

Nearly 10 million living in poverty—on less than €12,200 a year—in Spain, which leads Europe in child poverty

This is according to the 16th Poverty Report 2026, prepared by the European Network Against Poverty and Social Exclusion in the Spanish State (EAPN-ES). The report highlights how high housing prices are dragging down economic improvement, noting that it would take seven years of sustained economic growth to reach the same average poverty levels as the EU. Spain leads economic growth in Europe, driven in part by the arrival of…


Judges

Spanish judges demand respect from the government

The General Council of the Judiciary (CGPJ), the governing body of Spanish judges, has asserted “the need to respect the independence of the Judiciary” in the face of “disparagement” originating from “high state institutions.” The CGPJ’s Permanent Commission has approved an institutional declaration expressing its concern “over the statements” made by “officials of high state institutions that question the independence, responsibility, and submission to the law” of various “judicial proceedings.”…


electricity megawatts

€9 billion 10-year mechanism via open auctions to ensure security of electricity supply

Report by Banco Sabadell The EC has authorised Spain’s proposal to create a capacity mechanism valued at €9 billion over 10 years (~€900 million/year) to ensure security of electricity supply. The scheme will remunerate the availability of firm capacity during periods of scarcity, reinforcing the stability of the system and preventing blackouts. It will be allocated through open auctions and the main potential beneficiaries will be combined-cycle plants, pumped-storage hydro,…