Top Stories

In Spain

poverty

In Spain 5th June 2025

Poverty in Spain: 12.5 million suffer deprivation, 4.1 million very severe, 34% of children at risk of poverty

“Child poverty is a significant structural challenge that undermines upward social convergence and future competitiveness. More than one in three children are at risk of poverty or social exclusion.” Brussels confirms this harsh reality in its report on Spain for the European Semester, published yesterday. Eurostat data indeed shows the rate reaching 34%, and furthermore, no other Eurozone country surpasses the Spanish figure. The second is Greece, with a figure…

turismo playa

Spanish economy 4th June 2025

Spain receives 8.6 million international tourists in April, 10.1% more than same month last year

Link Securities | According to the Statistics on Tourist Movements at Borders (Frontur), published by the National Statistics Institute (INE), Spain received 8.6 million international tourists in April, 10.1% more than in the same month of 2024. The United Kingdom was the main country of residence, with more than 1.6 million tourists and an increase of 11.1% compared to April 2024. From Germany came 1.3 million (up 13.7%) and from…

Judges

In Spain 3rd June 2025

Amnesty is constitutional because not expressly prohibited, according to high court

The draft of the ruling on the amnesty that the magistrates appointed by the PSOE are going to approve in the Constitutional Court has now been revealed. After mentioning the word “reconciliation” 14 times – curiously, since yielding to Puigdemont’s blackmail has divided Spanish society in two – the rapporteur of the ruling, Inmaculada Galván, adopts Sánchez’s discourse – who always maintained that amnesty did not fit within the Constitution,…

ArcelorMittal

Spanish economy 2nd June 2025

Tariffs on steel and aluminium up from 25% to 50%: negative for ArcelorMittal, positive for Acerinox

Bankinter | US President D. Trump announced that he will raise tariffs on all steel and aluminium imports from all countries from 25% to 50% as of Wednesday 4 June. The 25% tariff was set on 12 March. Analysis team’s view: This increase comes days after a US International Trade Tribunal called into question reciprocal tariffs, but not sectoral tariffs. This new sectoral tariff increase complicates ongoing negotiations with many…

The returm of migration to Spain

In Spain 2nd June 2025

Spanish per capita income is 86.6% of European average, surpassed by only two regions: Madrid and the Basque Country

Eurostat has published the data on per capita disposable income for the countries of the European Union up to the year 2022. This refers to the resources available to individuals, including salaries, capital income, public aid, and other income. In 2022, the per capita income (net disposable income) of Spain was €16,800 per year, which represents 86.6% of the average for the European Union of 27 countries. That is, 13%…

naturgy eolica

Spanish economy 2nd June 2025

CNMV approves Naturgy’s auto-IPO to acquire up to 9.08% of its capital at €26.50/share

Banc Sabadell : The National Securities Market Commission (CNMV) has authorised the auto-IPO of Naturgy (NTGY) to acquire up to 9.08% of its share capital (with the aim of improving its free float) at €26.50/share. The acceptance period will be 15 days from the day after details of the offer are published in the press. On the other hand, the company has confirmed that it will not go ahead with…

sicilian mafia godfather

In Spain 30th May 2025

PP calls demonstration against “mafia government”

Spanish political life today revolves around some audios in which Leire Díez, a PSOE (Spanish Socialist Workers’ Party) member who has held senior positions in various state-controlled companies (Correos, ENUSA…), offers a businessman who fled Spanish justice a favorable deal from the prosecutor’s office if he reveals information that could compromise the head of the Central Operative Unit (UCO) of the Civil Guard. The UCO is the unit working with…

talgo tren

Spanish economy 30th May 2025

SEPI could grant Talgo €120m convertible loan to unblock Basque consortium’s entry in capital

Renta 4: According to press reports, SEPI (the State-owned industrial holding company) could grant a convertible loan to Talgo to unblock the entry of the Basque consortium in the capital of the rolling stock manufacturer. The operation would consist of a convertible loan amounting to €120 million to cover the fine of €116 million imposed by Renfe on Talgo for the delay in the supply of the 30 AVRIL trains….

Talgo

Spanish economy 30th May 2025

Talgo calls EGM to reshuffle board after being left inquorate

Alphavalue/DIVACONS | The train manufacturer has called an Extraordinary General Shareholders’ Meeting for 27 June in order to restructure its board of directors, after it was left with an insufficient number of members to reach the quorum necessary for its valid constitution and operation. This situation follows the death of its independent director Emilio Novela Bartín on 16 May in Madrid, the company informed the National Securities and Exchange Commission…