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In Spain 19th February 2026

Repsol achieves net income increase of 8% to €1.899 billion in 2025

Adjusted net income stood at €2.568 billion, 15% lower than in 2024. These results were achieved within a complex environment characterized by high volatility in energy markets—which dragged the average price of a Brent barrel down to $69.1 in 2025 (down 14.5%)—growing geopolitical uncertainty, and the impact of the blackout in Spain on April 28th. Portfolio Optimization and Key Geographies During the fiscal year, the company completed its exit from…

In Spain 18th February 2026

Chinese New Year 2026: Spain surpasses other European destinations in attracting Chinese travellers with high purchasing power

Alphavalue/ Divacons | Observations during Chinese New Year 2026 suggest that Spain, especially Madrid, has surpassed other European destinations such as France in attracting Chinese travellers with high purchasing power. The strong presence of the ‘Chinese New Year’ brand in key areas such as Gran Vía and the official events at Barajas Airport reflect a deliberate strategy to position Spain as China’s main gateway to Europe, supported by a sharp…

Spanish economy 18th February 2026

Spanish public debt grows by 4.8% in 2025, accounting for 100% of GDP

According to data released by the Bank of Spain (BdE), Spain’s public debt increased by 4.8% in 2025 compared to 2024 (an increase of €78.108 billion), reaching €1,698,681 million. This represents a new record high for a year-end closing, although the figure remained below the monthly record of €1,709,330 million registered last September. Consequently, the total debt for all Public Administrations closed 2025 at 100.8% of GDP, which is 0.9…

In Spain 17th February 2026

Pedro Sánchez, who promised 183,000 homes in 2023, sets up “España Crece” fund to attempt building 15,000 per year

Yesterday, Sánchez presented the new “España Crece” (Spain Grows) fund and claimed it will mobilize €23 billion for housing construction at a rate of 15,000 units per year. Given that the Bank of Spain estimates a shortage of 700,000 homes in the Eurozone’s fourth-largest economy to resolve the housing crisis, at the current pace of “España Crece,” housing needs would not be fully met until around the year 2070. Sánchez…

In Spain 16th February 2026

Final CPI for January in Spain falls to 2.3% year-on-year compared to preliminary figure of 2.4%

Bankinter | The final CPI for January registered 2.3% year-on-year, down from the preliminary figure of 2.4% and from 2.9% in December. In contrast, the underlying rate remained at 2.6% annually, in line with the preliminary figure and that of December 2025. In month-on-month terms, the overall rate was confirmed at 0.4% down (0.4% preliminary) and the underlying rate at 0.6% down compared to the anticipated 0.5%. Analysis team’s view:…

In Spain 16th February 2026

176,000 doctors across Spain begin week-long strike

More than 176,000 doctors from all over Spain—those working within the National Health System—are beginning a week-long strike this Monday to voice their rejection of the “Estatuto Marco” (Framework Statute) negotiated between the Ministry of Health and the unions involved in the negotiating table. For months, as evidenced by previous walkouts and mobilizations, they have been demanding their own specific statute. In addition to this first week of February, which…

In Spain 13th February 2026

Spain: poverty and exclusion rates stagnate at 26%, diverging from macroeconomic growth

Aurelio Medel | The 2025 Living Conditions Survey, recently published by the INE (National Statistics Institute), clearly demonstrates how the improvement in macroeconomics is failing to reflect in the lives of families. The Government rightfully boasts that Spain is the fastest-growing economy in the EU (2.9%), with more people employed than ever (22.5 million), an unemployment rate below 10%, and a minimum wage that has risen by 61% (2018–2025). However,…

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…

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…

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…

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