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FEDEAok

In Spain 16th October 2025

Inequality in Spain Continues to Grow: Richest 1% Now Holds Over 21% of Total Wealth compared to 13% in 2002

The average wealth of households has increased by 80.9% over twenty years (in real terms), spanning from 2002 to 2022, driven by the revaluation of real estate assets and, more recently, by the growth of financial assets. However, this progress has been concentrated in the highest percentiles: the richest 1% today accumulates over 21% of the total wealth, compared to 13% in 2002. The Gini index for household wealth has…

NATO's military

In Spain 15th October 2025

Trump accuses Spain of Being “Very Disrespectful” to NATO and Threatens Trade Retaliation

“I think it’s very disrespectful to NATO. I was actually thinking of imposing a trade penalty on them—on Spain—through tariffs for what they did, and I might do it. I think it is incredibly disrespectful” to the Atlantic Alliance, said President Trump yesterday, Tuesday, during a meeting with Argentine President Javier Milei at the White House. Trump insisted that he is “very upset with Spain,” as it is the only…

young spaniards

In Spain 14th October 2025

Only 72% of Young People Aged 25-29 are Employed In Spain, Second Lowest Figure in EU-27

According to Funcas, the Spanish Savings Banks Foundation, in 2025, only 72% of young people aged 25 to 29 in Spain are employed. This figure is lower than the EU-27 average (77%) and places Spain in 26th position out of the 27 EU countries (ranking from highest to lowest rate), far behind the leaders: Lithuania (84%), the Netherlands (87%), and Malta (90%). Funcas, which finds it striking that more than…

Funcisla Clemares

In Spain 13th October 2025

“In AI, as with all new technologies, there is an overvaluation in the short term.”

According to Fuencisla Clemares—Vice President for Europe, the Middle East, and Africa at Google, board member of Sonae, and advisor to Cosentino—“in Spain, our productivity is stagnant, and we are losing competitiveness as a country. Artificial intelligence is clearly an opportunity that we must embrace, develop, and implement as soon as possible and with the depth required. Our studies suggest that, in the case of Spain, AI could have an…

Judges

In Spain 10th October 2025

Venice Commission Says Spanish System for Electing Judges’ Governing Body “Fails to Meet European Standards”

The Plenary Session of the Venice Commission concluded yesterday that the system for electing the General Council of the Judiciary (CGPJ), the governing body of judges, which is supported by the Government, “fails to meet European standards.” This is due to the current system leaving the final election of candidates in the hands of the Parliament, which the Commission views as a “political filter.” In contrast, the alternative system, in…

utilities

Spanish economy 9th October 2025

Red Eléctrica Warns Spain Is Again at Risk of Blackout

Red Eléctrica, the Spanish electrical system’s technical operator, states that it has observed “sharp voltage variations in the Spanish peninsular electrical system over the last two weeks, such that they could impact the security of supply if the proposed changes are not implemented.” These operational changes have been requested from the National Commission for Markets and Competition (CNMC), which quickly approved them. Red Eléctrica contacted the CNMC on Tuesday with…

espana europa billete

In Spain 8th October 2025

Net wealth of Spanish households reaches €2.49 trillion, up 9.3%, while debt rises 2.5% in second quarter

CdM | At the end of June, the net financial wealth of households stood at €2.497 trillion, an increase of 9.3% compared to a year earlier, while household debt stood at €719 billion, an increase of 2.5% year-on-year, according to the Financial Accounts of the Spanish Economy published by the Bank of Spain. As a percentage of GDP, net financial assets represented 152.8%, 4.9 percentage points more than in the…

industrial production worker

In Spain, Spanish economy 8th October 2025

Spanish industrial production grows 3.4% year-on-year in August compared to 2.7% in July

Link Securities | The National Statistics Institute (INE) reported that industrial production, adjusted for seasonal and calendar effects, fell by 0.1% in Spain in August compared to July, when it had fallen by 0.4%. By sector of activity, the production of capital goods (up 2.6%) was the only one to show a positive monthly rate. In contrast, the production of intermediate goods (down 1.5%) fell the most during the month….

sanchez ursula

Spanish economy 8th October 2025

Spain: Only One-Third of Next Gen Funds Awarded One Year before Deadline

According to the Government’s portal (“Elisa del Plan de Recuperación”), as of August 31, 2026, a total of €79.854 billion has been reserved for various projects between the Central Administration and the autonomous communities. However, of this amount, only €56.7 billion has been “resolved” or awarded, which does not mean the funds have reached their final recipient. In other words, only one-third of the €163 billion in Next Gen funds…

españabilleteCM

In Spain, Spanish economy 6th October 2025

General Council of Economists raises 2025 forecast for Spanish GDP growth to 3%

CdM | The General Council of Economists (CGE) has revised its GDP growth forecast for 2025 upwards to 3%, four tenths higher than its previous estimate, following the recent update by the National Statistics Institute (INE), the dynamism of the first two quarters of this year and the strong performance of domestic demand and the labour market, among other factors. This improvement is in line with those made by the…