Top Stories

In Spain

cellnextorre

In Spain 15th December 2025

CNMC considering liberalising access to telephone, audiovisual and radio network, benefiting Cellnex and Telefónica

Banc Sabadell | The Spanish Compeition Authority (CNMC) is reportedly considering liberalising access to the physical infrastructure (ducts) of the telephone network and to the audiovisual and radio signal transport network. The former could benefit Telefónica (TEF) in a residual manner (the rental of ducts to other operators accounts for approximately €70 million in revenue, or approximately 0.2% of the group’s revenue), and the latter could benefit Cellnex (CLNX) (the…

Montero

In Spain 15th December 2025

Over 640,000 taxpayers still waiting for tax refunds from Treasury

Five months after the end of the Income Tax payment period (June 30), and with barely 15 days left until the end of the year, the Treasury (Hacienda) has still not refunded the amounts from the last Income Tax declaration to 643,000 taxpayers. If it fails to do so before December 31, it will have to pay late payment interest (intereses de demora) for the delay, provided that the liquidation…

Juan Flames BME

In Spain, Relevant News Item 12th December 2025

Spanish Stock Market Reaches Historic Highs and Hits 17,000 Points

Juan Flames, CEO of BME (the management company of the Spanish Stock Exchange) explains that “Spain has a cutting-edge stock exchange, a leader in dividend yield and, this year, with gains superior to any other European market.”(…) “If we add the dividend yield, with a historical average of 4.2%, the Spanish Stock Exchange is bringing a lot of joy to the investment community”. What a year for the stock market!…

euro spain

In Spain 12th December 2025

Final CPI for November in Spain confirms preliminary annual figure of 3.0%, in Germany also unchanged at 2.3%.

Bankinter | The (final) CPI for November confirms the preliminary year-on-year figure of 3.0%, in line with expectations and down from the previous figure of 3.1%. The core CPI also confirms 2.6% year-on-year, also in line with expectations and down from 2.5% previously. In month-on-month terms, the anticipated 0.2% monthly (down from 0.7% previously) and 0.1% monthly for the core CPI (down from 0.5% previously) are also repeated. Analysis team’s…

cnmv

In Spain 11th December 2025

CNMV to halve reporting requirements for listed Spanish companies

The Spanish National Securities Market Commission (CNMV) has presented its ‘Supervisory Actions Simplification Plan,’ which will reduce by up to 50% certain types of information that supervised entities must provide in their periodic reports to the body. The stock market supervisor’s new plan consists of 31 measures, 18 of which are aimed at reducing the documentation required with the goal of simplifying it in a “proportionate” manner, “avoiding duplication,” and…

sanchez ursula

Spanish economy 9th December 2025

Government reduces reform agenda to secure arrival of €25 billion from European recovery plan

The Government has already agreed with Brussels on a new scenario of milestones and targets so that Spain can access all the remaining direct aid from the Recovery Plan. What is at stake is the way to capture and execute the nearly €24.7 billion in outstanding non-reimbursable funds before the opportunity expires in August of next year. After several weeks of intense negotiations with the European Commission, the Ministry of…

Repsol

Spanish economy 8th December 2025

Repsol and HitecVision to merge joint Venture with TotalEnergies’ UK upstream business, becoming leading oil&gas operator in UK North Sea

NEO NEXT Energy, HitecVision and Repsol’s joint venture, today announces a strategic deal with TotalEnergies’ to merge their UK offshore oil & gas production businesses. The transaction Will cement NEO NEXT’s position as the leading operator and producer in the UK Continental Shelf (UKCS) with an expected 2026 production of over 250,000 barrels of oil equivalent per day. Upon completion, the combined company will be known as NEO NEXT+. Under…

housing spain

In Spain 5th December 2025

Price of completed housing in Spain rises 13.4% year-on-year in November

Alphavalue / Divacons | Housing purchases by legal entities in 2024 reached their highest level since 2007, although this increase did not alter the structure of the market, as individuals continue to account for more than 89% of these transactions in Spain. On the other hand, the price of completed housing in Spain rose by 13.4% year-on-year in November, according to the Tinsa IMIE general price index, due to the…

spain savings rate

In Spain, Relevant News Item 5th December 2025

OECD congratulates Spain on its economic performance

Luis Alcaide | “The Eurozone Manufacturing PMI data prepared by S&P Global and Hamburg Commercial Bank retreated to 49.6 points in November, falling below the 50 points of the previous month (above 50 points indicates expansion, and below indicates contraction). By country, Germany marks 48.2 and France 47.8, while Spain records 51.5 and Italy 50.6.” The influx of new orders in the manufacturing sector is increasing in the two Southern…

spain tourism

In Spain 4th December 2025

New tourism record: 85.6 million tourists visit Spain in 10M25, average spend of €1,383 Per Person

The Tourist Movement in Borders Survey (FRONTUR), published by the National Institute of Statistics (INE), reported that Spain received 9.2 million international tourists in October, an increase of 3.2% compared to the same month in 2024. The United Kingdom was the main country of residence for tourists arriving in Spain during the analyzed month, with more than 1.8 million tourists and an increase of 2.8% compared to October 2024. Germany…