In Spain

Ibex

Historic day for Ibex35, breaks maximum after 18 years, closes above 16,000 points for first time

The Ibex 35, the Spanish stock market’s benchmark index, closed yesterday’s session at 16,000.2 points, following a 0.87% rise during the day, which marks a new historical maximum. So far this year, the Ibex 35 has risen by more than 37%, largely driven by the strong performance of banks, which account for 36% of the index. The Ibex thus manages to surpass its previous all-time stock market high (15,945 points)…


Almaraz

Closure or Extension of Almaraz Nuclear Plant Now Depends on Red Eléctrica

The electric utility companies that own the Almaraz nuclear power plant—Iberdrola, Endesa, and Naturgy—have sent a letter to the Ministry for Ecological Transition asking to extend the operational life of the Extremadura facility beyond 2027, until 2030. Sources from Ecological Transition affirm that they have received the missive, though they clarify that the three companies merely convey their “willingness” to extend Almaraz’s closure schedule, but they do not notify or…


Spanish Housing Market

Home sales in Spain fall 3.4% year-on-year in August

Link Securities | The Property Rights Transfer Statistics (ETDP) report, released by the National Statistics Institute (INE), shows that in August, home sales fell by 3.4% year-on-year to 47,697 units. In August, 93.4% of homes transferred by sale were private and 6.6% were subsidised. Year-on-year, the number of private homes transferred by sale fell by 2.6% and subsidised homes by 12.6%. In addition, 21.2% of homes transferred by sale in…


exports spanish2

Spanish Exports Fall 9.3% Year-on-Year In August

In August, Spanish exports fell by 9.3% year-on-year to €24.4 billion, the lowest figure in four years. Sales abroad were primarily dragged down by the reduction in shipments of energy products (-29.3%); automotive products (-21.8%); non-chemical semi-manufactures (-14.7%); and raw materials (-15.3%). Among key partners, exports decreased to the European Union (EU; -11.3%), the US (-30.5%), and China (-19.9%), but increased to the United Kingdom (+4.5%). Meanwhile, imports fell by…


Cars SeatTC

Car Production in Spain Falls 5.2% Through September (1.7 Million Units)

The Spanish Association of Automobile and Truck Manufacturers (Anfac) reports that vehicle production in Spain grew by 8.8% year-on-year in September, reaching 223,468 units. This specific increase is due to the low production recorded in September 2024, caused by the adaptation of some factory production lines to accommodate new electric models, which led to production falling below usual levels that month. In the accumulated figure through September (9M2025), vehicle production…


inmobiliario oficina

Real estate investment in Spain reaches €12.9 billion through September, up 44%, third-best figure on record

Alphavalue/ Divacons | Real estate investment in Spain reached €12.9 billion in September, 44% above the figure recorded in the same period last year, making it the third best historical record, behind only 2022 and 2018. This figure is above the European average, and the sector expects an even more intense end to the year in terms of investment. On the other hand, 37% of rental properties in Spain are…


3. Public debt

Spanish Public Debt Grows at Rate of 4.7% and Sets Historical Record: €1.699 Trillion

According to data published by the Bank of Spain (BdE), the debt of the Spanish Public Administrations (AAPP) stood at €1.699 trillion in August, its highest level in history. However, due to inflation (3%), its weight relative to the Gross Domestic Product (GDP) moderated to 103%, which represents a drop of 0.9 percentage points compared to the same month in 2024. Thus, according to the data published this Tuesday by…


FamilyBusinesses

Spanish Family Businesses Rail Against Excessive Regulation and Absenteeism

The 28th Congress of Spanish Family Businesses, which brings together over 600 executives of family firms in Burgos, has sounded the alarm about the excessive regulation and absenteeism that are stifling their growth. Fifty-five percent (55%) of those surveyed identified absenteeism -in Spain, more than one million people are absent from work every day- as the main risk to their competitiveness, ahead of “the difficulty of finding qualified professionals” (52%)…


ERTES extension

Labour Ministry wants to toughen conditions for unfair dismissals

The Minister of Labour and Second Deputy Prime Minister, Yolanda Díaz, intends to toughen the conditions for dismissals considered unfair (improcedentes)—which currently generate compensation of 33 days’ salary per year worked, capped at 24 months’ salary—based on the premise that the current regulation of fixed compensation is neither a d for eterrent for companies nor does it sufficiently repair the harm done to affected workers. With this premise, the Ministry…


bbvasabadell

BBVA Gives Up After Failure of Its Takeover Bid (OPA) for Banco Sabadell, Accepted by Only 25.33% of the Capital

The takeover bid (OPA – Oferta Pública de Adquisición) by BBVA for Banco Sabadell has failed, having been accepted by only 25.33% of the voting shares (25.47% excluding treasury stock), as reported by the two affected entities to the National Securities Market Commission (CNMV). Ultimately, and 17 months after its announcement, BBVA failed to reach the 50% acceptance threshold. It also failed to reach the 30% threshold that would have…