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pensiones playita

In Spain 27th August 2025

Pension spending hits record €13.621 billion (up 6.2%) in August, with average pension of €1,507.5/month (up 4.4%)

In August of this year, Social Security allocated a record €13,620.8 million to the payment of the regular monthly payroll for contributory pensions, an increase of 6.2% compared to the same month in 2024, as reported this Tuesday by the Ministry of Inclusion, Social Security, and Migration. In total, Social Security paid 10,374,297 pensions in August, 1.6% more than in the same month of 2024, reaching more than 9.38 million…

hoteles espana

In Spain 27th August 2025

Overnight hotel stays in Spain consolidate with an annual increase of 1.8% in July and prices up 5%

Alphavalue / Divacons | The Spanish hotel sector continued to consolidate its recovery in July. Overnight stays increased by 1.8% year-on-year and prices rose by 5% compared to July 2024. According to the INE, the average turnover per occupied room was €146.5, 4.6% more than in the same month last year. By country of origin, it is worth noting that in July, travellers from the United Kingdom and Germany accounted…

congreso diputados1

In Spain 26th August 2025

Government: no budget and over 40 laws stalled due to lack of parliamentary support

The Congress will have to vote on more than forty bills this coming session. These are important laws for the executive branch, ranging from the reduction of the working day to the response to tariffs, and evictions for vulnerable families… all while the 2026 General State Budgets—Spain is currently operating with the 2023 budget from the previous legislature—remain up in the air. Support from Congress for the 44 bills currently…

iag aireuropa

Spanish economy 25th August 2025

IAG to keep 20% stake in Air Europa after Turkish Airlines investment of €300 million

Norbolsa | LThe Spanish airline has accepted the proposal from Turkish Airlines, which will invest €300 million. The deal includes a €275 million loan that will be converted into shares and an additional €25 million cash contribution to enter directly into the capital. With this move, the Turkish airline will acquire between 26% and 27% of Air Europa, thus appreciating its stake in the Hidalgo family’s company. Following the transaction,…

fire

In Spain 25th August 2025

New political row over more than 400,000 hectares burned this summer in Spain

More than 400,000 hectares have burned in Spain—primarily in Galicia, Castilla y León, and Extremadura—in the worst summer on record. This is well above the 306,000 hectares that burned in 2022. The burned area accounts for 0.8% of the country’s surface area and 40% of the surface area burned in Europe. And although the situation has improved significantly, there are still 15 active fires that will continue to add to…

espana europa billete

In Spain, Spanish economy 20th August 2025

Spanish public debt falls to 103.4% of GDP in June, standing at €1.691 trillion

CdM | Public administration debt stood at 103.4% of gross domestic product (GDP) in June, down 1.9 percentage points from a year ago, according to data from the Excessive Deficit Protocol (PDE) published by the Bank of Spain. In absolute terms, the debt balance stood at €1.691 trillion in June, with an interannual growth rate of 4%. By subsector, the State debt balance stood at €1.534 trillion, with an interannual…

3. bank spain

In Spain 20th August 2025

Spanish banks’ profitability rises to 14.43% in first quarter

CdM | The annualised return on equity of Spanish banks rose to 14.43% in the first quarter, compared to 13.72% in the previous quarter. Furthermore, compared to the first quarter of 2024 (12.28%), the increase was 2.15 percentage points, according to statistics published by the Bank of Spain. The capital ratios of all credit institutions increased in the first quarter of 2025. The Common Equity Tier 1 (CET1) ratio stood…

creacion empresas

In Spain, Spanish economy 19th August 2025

Spanish companies’ turnover rises for second month running after increasing 6% in June

CdM | The General Business Turnover Index (ICNE) rose by 6% in June, marking two consecutive months of increases, according to data from the National Statistics Institute (INE). This figure represents the highest rate since last March and is almost five points higher than in May. Adjusted for seasonal and calendar effects, company turnover in June showed a variation of 5.1% compared to the same month last year. The indices…

gas electricidad

In Spain, Spanish economy 18th August 2025

Inflation rises four tenths in July to 2.7% due to higher electricity and petrol prices

CdM | Inflation rose four tenths of a point in July, when the Consumer Price Index (CPI) stood at 2.7% year-on-year, mainly due to higher electricity and fuel prices, according to final data published by the National Statistics Institute (INE). In detail, the groups that stood out most for their influence on the increase in the annual rate were housing and transport. In the case of housing, the annual rate…

Naturgy Australia

Companies, In Spain 11th August 2025

National Court dismisses proceedings brought by Public Prosecutor’s Office against Naturgy Generación in June 2024

Link Securities | The National Court has agreed to close the proceedings brought by the Public Prosecutor’s Office in June 2024 against Naturgy Generación (Naturgy (NTGY)) for an alleged offence relating to the market and consumers for increasing energy production prices at its combined cycle thermal power plant in Sabon 3 (A Coruña) from March 2019 to December 2020, according to Expansión newspaper. According to the group’s half-yearly report submitted…