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inmobiliario oficina

In Spain, Spanish economy 25th September 2025

Home sales in Spain grow strongly -up 13.7% in July- supported by lower financing costs

Bankinter | Home sales in Spain were up 13.7% in July (year-on-year) versus 17.9% in June, to 64,730 units. The cumulative total for 2025 is 18.6%. Bankinter analysis team’s view: Good news. Transactions are growing strongly, supported by lower mortgage financing costs and with the impact of tariffs on the Spanish economy still very moderate. We are revising our estimates for housing transactions upwards to 10% in 2025 (against a…

Iberdrola

In Spain 25th September 2025

Iberdrola plans to invest €58 billion by 2028, focusing on grids in US and UK

Iberdrola plans to invest €50 billion until 2028, to which it will add another €8 billion from alliances with its partners, totaling €58 billion. This represents a 40% increase over the €41 billion plan presented a year ago, as detailed this Wednesday in London during the update of its strategic plan, where it underscored its commitment to the US and UK markets. The company also anticipates investments of over €45…

exportaciones complejas

In Spain, Spanish economy 24th September 2025

Spanish exports reach record high in July, growing by 3.5%

CdM | Exports grew by 3.5% year-on-year in July, reaching €34.419 billion, an all-time high for this month, according to customs trade data collected in the Monthly Foreign Trade Report of the Ministry of Economy, Trade and Enterprise, prepared by the Secretary of State for Trade. This is the third consecutive month of growth. The sectors with the largest positive contributions to the annual rate of change in exports (3.5%)…

utilities

In Spain 24th September 2025

Iberdrola and Endesa: proposed financial remuneration rate for networks of 6.46% exceeds current legal maximum, but still far short of 7-7.5% minimum they demand

Banco Sabadell | Both energy companies are reportedly pressuring Minister Carlos Cuerpo to intervene with the National Commission on Markets and Competition (CNMC) and modify the proposed remuneration for electricity networks. Thus, although the CNMC’s current proposal for a financial remuneration rate of 6.46% would exceed the current legal maximum of 5.58%, the law allows this limit to be exceeded for justified reasons and with an express report from the…

congreso1

In Spain 24th September 2025

An impossible legislature: Government suffers third consecutive defeat while Sánchez’s brother heads for trial on influence peddling charges

Yesterday, with the Prime Minister at the United Nations General Assembly in New York, Spanish politics experienced another grotesque day. In the Congress of Deputies, the government saw its initiative to delegate immigration powers to Catalonia fail. This was one of the many concessions the PSOE has been forced to make to try to maintain the support of Junts, a “traditionally right-wing” party that offered its support to Sánchez so…

bbvasabadell

Spanish economy 24th September 2025

BBVA’s Sabadell takeover bid, a matter of price or competition?

Aurelio Medel (5 Días) | The Catalan bank entangles the government and the community’s establishment with its commercial importance and now says it’s a matter of price. The hostile takeover bid launched by BBVA for Sabadell is a case study that could address various aspects, such as the actions of governments and regulators, boards of directors, or the different communication strategies of both entities. But when you analyze the details…

escriva

In Spain 23rd September 2025

Governor of Bank of Spain and Former Minister Now Labels Spanish Public Policies “Inefficient” at Reducing Inequality

“Spain structurally has an income inequality problem that is well-identified, and what it basically shows is that the public policies that should be aimed at reducing this inequality, like many other policies, suffer from a lack of efficiency,” says the Governor of the Bank of Spain, José Luis Escrivá, who, as Minister of Inclusion and Social Security, was responsible for designing the Minimum Living Income (IMV) in 2020. Today, the…

industrial production worker

In Spain, Spanish economy 22nd September 2025

Spanish industrial turnover slows in July to 1.9% growth, service sector to 4.7%, both 1.7 points below June

CdM | In July, industrial turnover rose by 1.9% compared to the same month last year, while the service sector increased by 4.7%. In both cases, the rate is 1.7 points lower than the previous month, according to data from the National Statistics Institute (INE). Thus, industry sales have seen two months of year-on-year increases, and service sector sales have seen 16 consecutive months of positive year-on-year rates. In terms…

bbvasabadell

Spanish economy 22nd September 2025

BBVA changes offer for Sabadell, now to be entirely in shares

BBVA announced that its Board of Directors has decided to modify the terms of the takeover bid (OPA) for Banco Sabadell by improving the consideration offered. The previous offer (one BBVA ordinary share and €0.70 in cash for every 5.5483 SAB ordinary shares) will be changed in nature and will now be entirely in newly issued BBVA ordinary shares. The new exchange ratio will be one BBVA ordinary share for…

PedroSanchezOCDE

In Spain 19th September 2025

Spain asks OECD for help tackling soaring absenteeism, which will cost €33 billion this year

The Organisation for Economic Co-operation and Development (OECD) is finalizing a shock plan to address the absenteeism crisis in Spain. The sharp escalation in spending on Temporary Disability (IT) and lost work hours due to illness has raised alarms within the Spanish government, which has turned to the Paris-based international body for solutions to the serious problem of sick leave, as revealed by the newspaper El Mundo. The problem is…