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Montero

In Spain 12th February 2026

Treasury collects extra €9 billion since pandemic by not adjusting IRPF for inflation

The Airef (Independent Authority for Fiscal Responsibility) published a report this Wednesday updating its analysis of the factors driving tax revenue growth in recent years. In the report, it estimates that tax revenues reached €320 billion in 2025, breaking records once again. According to the fiscal supervisor’s forecasts, this represents a 9.5% increase in collection. Another key finding of the document is that the Ministry of Finance has been able…

FelipeGonzalez

Spanish Politics 11th February 2026

Former Socialist President Felipe González to “cast a blank ballot,” not vote for Pedro Sánchez

In statements that have swept across the country’s news outlets, former President Felipe González—who governed Spain between 1982 and 1996 and was the PSOE Secretary General who forced the party to abandon Marxism—announced yesterday that if Pedro Sánchez is the party’s next candidate, he will cast a blank ballot. Regarding his membership, he remarked: “Me leave? Those who are destroying the party should be the ones to leave.” The anger…

nadia calviño 2

In Spain 10th February 2026

EIB invests new record of nearly €14 Billion in Spain in 2025

The President of the European Investment Bank (EIB), Nadia Calviño, highlighted this Monday the “record” investment the organization made in Spain during 2025: approximately €11 billion in financing from its own resources, plus a total of €2.9 billion deployed from the European Next Generation funds. Calviño shared these figures during an interview on TVE’s Canal 24 Horas, coinciding with her visit to Spain to present the Bank’s activity for the…

energy sector

In Spain 10th February 2026

Electricity demand in Spain rises 3% in 2025 compared to 2.3% in 2024

Alphavalue/ Divacons | Electricity demand in Spain grew by ‘just over 3%’ in 2025, consolidating the upward trend after the 2.3% rebound in 2024, according to projections by the International Energy Agency (IEA). This acceleration will continue with an average annual increase of ‘just under 2%’ between 2026 and 2030, a rate that the agency describes as ‘well above’ the meagre average of 0.4% recorded over the last decade. The…

produccionindustrial pantalla

In Spain 9th February 2026

Spanish industrial production closes 2025 with average increase of 1.3%, marking two consecutive years of growth

CdM | Industrial production rose by an average of 1.3% in 2025 compared to the previous year, according to data from the General Industrial Production Index (IPI) published by the National Statistics Institute (INE). This marks two consecutive years of growth. It also represents the largest increase since 2022. By sector, those with the highest average increase were the manufacture of other transport equipment (5.8%), extractive industries (4.9%) and electricity…

PP

Spanish Politics 9th February 2026

PP wins elections in Aragon with 26 seats (down 2), PSOE collapses to 18 (down 5), and Vox skyrockets to 14 (7 gains)

Jorge Azcón, the President of Aragon for the last two and a half years, called early elections following the refusal of Vox—the far-right party—to support his 2026 budget. “Because we are not like them,” he said yesterday after winning the election with 26 seats (two fewer than he previously held). He was referring to Pedro Sánchez’s administration, which is still governing with the 2023 budget approved in 2022 during the…

employed spain

In Spain 6th February 2026

Spanish workers’ living standards steadily declining, says INE

Since 2018, when Pedro Sánchez arrived at the Moncloa, the number of workers unable to heat their homes in winter has skyrocketed by 130%. Back then, this situation affected 6% of the employed; now, it impacts 14.1%. This is one of the figures extracted from the Living Conditions Survey by the National Statistics Institute (INE), which includes other indicators showing how the living conditions of Spanish workers have worsened. For…

BBVA Holvi

Relevant News Item, Spanish economy 5th February 2026

BBVA reports 4Q25 attributable profit of €2,533m, slight miss versus company consensus

Jefferies | BBVA reported 4Q25 attributable profit of €2,533m, which was a slight miss versus company consensus of €2,554m. PBT was a slight miss as well, with PPP a 2% beat. Group top line was a 2% beat, but partly offset by costs 3% higher than consensus. Impairments were a 9% miss. By geography, beats in Spain and Mexico, offset by Turkey missing. Final dividend of 60c per share announced….

AirefCristinaHerrero

In Spain 5th February 2026

AIReF reports 60% surge in medical leave over last decade

The Independent Authority for Fiscal Responsibility (AIReF) asserts that temporary disability leave in Spain has grown by 60% since 2017. Furthermore, the average duration of medical leave has increased from 40 to 46 days. In cases regarding mental health, the extension is even more pronounced, jumping from 67 to 99 days. These are some of the conclusions from its Spending Review 2022-2026 report, which analyzes the Social Security’s second-largest expenditure…

cohes ventas españa

In Spain 4th February 2026

Vehicle sales in Spain reach 1,148,650 units in 2025 (up 12.9% on 2024), exceeding one-million mark for second consecutive year

Link Securities | The Spanish Association of Car and Truck Manufacturers (Anfac) announced yesterday that 1,148,650 vehicles were sold in Spain in 2025, 12.9% more than the previous year. The figure exceeds one million registered units for the second consecutive year. In 2025, sales of electrified passenger cars (BEV+PHEV) increased by 94.6% to 225,617 units. This is a historic figure that exceeds, for the first time, 200,000 units registered in…