In Spain

NATO's military

Sánchez Regains Partners’ Support by Confronting Trump and Refusing to Raise Defense Spending to 5%… by 2035

Who knows where Pedro Sánchez might be in 2035? In La Moncloa (the Prime Minister’s official residence)? In Europe? In jail, given the way things are going in Spain? But far from stalling, Pedro Sánchez has chosen to publicly confront Trump, the U.S., and NATO by refusing to increase Spanish defense spending beyond 2%. And as for 5% by 2035, that’s out of the question. This is what Sánchez explained…


Sanchez Gomez

Entrepreneur Recommended by Sánchez’s Wife Indicted by European Public Prosecutor’s Office

In April 2024, the wife of the Prime Minister and Secretary-General of the PSOE signed at least two letters supporting the UTE (Temporary Union of Companies) formed by entrepreneur Barrabés’s consultancy in two bidding processes initiated by Red.es in 2020. The company, backed by Begoña Gómez, ended up winning the three lots it bid for, totaling €10.2 million, after outperforming other rivals in the subjective evaluation part of the tenders….


Judges

Judges and Prosecutors Announce Three-Day Strike in July if Justice Reforms not withdrawn

All associations of judges and prosecutors, except the progressive ones, have agreed to go on a three-day strike in July to protest the reforms announced by the Minister of the Presidency, Justice, and Relations with the Cortes, Félix Bolaños. These reforms concern access to both careers and the Public Prosecutor’s Office, aiming to adapt it to the future change in the criminal procedural model, where investigations will transfer from judges…


aena el prat

Ministry of Transport and Generalitat give green light to El Prat airport expansion

Intermoney | Aena (AENA) (Buy, Target Price €215/share) announced on Tuesday the agreement between the Ministry of Transport and the Generalitat de Catalunya, approving the operator’s plan for the expansion of El Prat Josep Tarradellas airport in Barcelona. The work, which will involve an investment of some €3.2 billion, will consist of extending one of the runways by 500 metres to a length of 3,160 metres, which will allow the…


sicilian mafia godfather

Spain, In the Hands of an Unscrupulous Leader

The parties supporting Sánchez, who is currently surrounded by corruption allegations, want him to remain in power so they can continue to blackmail him. They’ve made this clear in recent days. The Catalan independentist parties, Junts and ERC, hope that the Constitutional Court—colonized by the PSOE, like all state institutions—will rule the amnesty constitutional, arguing it’s not explicitly prohibited by the Constitution. They also expect Sánchez to fulfill his commitment—the…


iberdrola señalada

Iberdrola, Endesa and Naturgy present proposal on nuclear calendar that will review Enresa tax

Banco Sabadell | According to press reports, the electricity companies have submitted a proposal to MITECO (Ministry for Ecological Transition) to revise the nuclear calendar, which involves maintaining the final closure date of 2035 and extending the planned intermediate deadlines. The proposal includes, among other things, the intention to request the Nuclear Safety Council (CSN) to extend the two Almaraz reactors (Iberdrola 52.7%; Endesa 36%; Naturgy 11.3%) until 2030 (as…


inflacion precios

Spanish inflation moderates to 2% in May, lowest level since October 2024

CdM | The Consumer Price Index (CPI) fell by two tenths of a percentage point in May, standing at 2% year-on-year, the lowest level since October 2024, when it stood at 1.8%, according to final data published on Friday by the National Statistics Institute (INE). This figure is slightly higher than the provisional estimate, which predicted a drop of three tenths of a percentage point to 1.9%. Despite the difference,…


3. bank spain

Spanish public debt stands at 1.668 trillion at end 1Q25, 103.5% of GDP

CdM | At the end of the first quarter, public administration debt stood at €1.668 trillion, representing 103.5% of GDP, according to data from the Excessive Deficit Protocol (PDE) published by the Bank of Spain. This is 2.8 percentage points less than in the same period in 2024, while the growth rate of the debt balance was 3.3% year-on-year. Among the various subsectors of the public administration, the debt balance…


Sanchez

Police Uncover “Criminal Organization” in PSOE… Sánchez Apologizes but Says He’s Staying: “This Isn’t About Me”

Spain was stunned to discover how three of Pedro Sánchez’s four closest friends, who accompanied him in taking power first in the PSOE and then in the government, allegedly rigged elections, collected millions in commissions from public works contracts they awarded from the government, and placed their prostitutes in public sector jobs. A nearly 500-page report compiled by the Civil Guard transcribes eight audio recordings from meetings where they divided…


acerinox campo gibraltar

Spain and United Kingdom Reach Agreement on Gibraltar

After three and a half years of negotiations, Spain and the United Kingdom, Brussels, and Gibraltar have reached a “definitive political agreement” on the Rock of Gibraltar. This agreement, which still needs to be ratified, will eliminate goods controls between Gibraltar and the EU via Spain. “The Fence, the last wall in continental Europe, will disappear,” celebrated Albares, the Spanish Minister of Foreign Affairs. In order to “guarantee the future…