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Spanish economy 22nd October 2026

Half of Spanish companies are not actually active

1,966,938 companies—46% of theoretically “alive” businesses—have not actually published official acts or filed their annual accounts with official registries in recent years, according to data from a study conducted by Iberinform, a subsidiary of Crédito y Caución. When examining the number of companies that filed their 2024 annual accounts with the Mercantile Registry (the last full financial year), there is a 6.6% drop from the historic high recorded in 2021….

Spanish economy 21st October 2026

The Spanish trade deficit continues to worsen

Data published by the Ministry of Economy, Trade and Business show that Spain’s trade deficit has increased significantly so far this year. Between January and August, the trade deficit rose by 30.5% compared to the same period of the previous year, standing at €45,818.2 million. Although goods exports set a historical record by reaching €264,182 million (up 3.2%), import volumes grew at nearly double that pace, widening the trade balance…

Spanish economy 20th October 2026

770,000 employed people are left in poverty after paying for housing

According to a study published this Tuesday by Oxfam Intermón, after covering monthly housing expenses, 770,000 employed people cross the poverty threshold—their income does not reach 60% of the median, indicating that they have significantly lower economic resources than average for society as a whole—joining the 2.2 million people who were already in this situation even before facing rent or mortgage payments. The report reveals that housing costs raise the…

In Spain 19th October 2026

State-backed companies are the main beneficiaries of NextGen funds, receiving €12 billion

State-owned and state-backed companies have become the largest beneficiaries of Next Generation EU funds at the close of the Recovery Plan, receiving a total of €12 billion. Many of them, moreover, compete directly with private companies. This figure represents more than 15% of the €80 billion allocated to direct non-repayable grants under the plan, and nearly 40% of the €32 billion awarded to large companies and joint ventures (UTEs). The…

In Spain 16th October 2026

Government injects €300 billion into Social Security since 2018 to sustain pensions

Since 2018, Social Security has received €309.126 billion in State transfers, according to its budget execution reports. This figure does not include loans that the State has also granted to the system. The total amount of transfers has grown year after year. Part of this funding is allocated to pay non-contributory Social Security pensions and financial aid, but the State transfers significantly more than the cost of that non-contributory tier….

Spanish economy 15th October 2026

Spain is the only major Eurozone economy losing productivity since 2018, despite NextGen funds

According to the latest estimates from the International Monetary Fund (IMF) released this week in Bangkok, Spain is the only major Eurozone economy that has lost productivity since 2018. Its calculation is that Spain will have lost one-tenth of a percentage point in the 2018–2027 period, which coincides with Pedro Sánchez’s term in government. Productivity is the key indicator for increasing a country’s GDP per capita, raising wages without losing…

In Spain 14th October 2026

Unions demand a 7% increase in the minimum wage to €1,306, even as the most common salary in Spain stands at €1,200

The 7% increase they plan to request represents an extra €85 per month for the paychecks of more than 2.5 million workers. This was announced on Tuesday by UGT Secretary-General Pepe Álvarez during a joint press conference with CCOO to introduce the general strike called for next November 11. Álvarez indicated that both organizations will submit their proposed minimum wage update for next year to the Government. The request was…

960px Vista de Ceuta desde el mirador de Isabel II

In Spain 13th October 2026

Sánchez now reveals that Moroccan warships entered Ceuta’s waters during the July surge

Pedro Sánchez boasts of ‘absolute transparency,’ yet it took him 74 days to admit that Moroccan warships unlawfully entered the waters off Ceuta during the migrant surge crisis. The Prime Minister has now acknowledged a military incursions into Spanish sovereign waters after it was reported by El País, though he chose to downplay its severity, dismissing it as an ‘isolated’ episode that, he maintains, was resolved through contacts between both…

In Spain 9th October 2026

Government approves ‘Ferrovial Law’ so Ibex companies can list on Wall Street

The Official State Gazette (BOE) publishes a decree that the Ministry of Economy began drafting in April of this year, which proposes a reform of the Law on Financial Instruments to allow companies listed in Spain to simultaneously list on other exchanges outside the European Union (EU). The decree is a response to the ‘Ferrovial case’, as the group chaired by Rafael del Pino relocated its headquarters to the Netherlands…

In Spain 8th October 2026

Government will raise the minimum wage, which is already the most common salary in Spain, before the elections

It has been years since tripartite social dialogue—between the employers’ association, trade unions, and the Government—broke down due to the Government’s insistence on relying solely on the unions. The unions have called a general strike—’against the opposition,’ as explained by the PSOE—for November 11, two days before the electoral campaign begins. Thus, the Ministry of Labor and Social Economy under Vice President Yolanda Díaz—a card-carrying communist who a few days…

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