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mines

Spanish economy 26th March 2025

Spain’s seven critical materials mines to be supported by EU

Of the 47 strategic projects selected by the European Commission in thirteen of its member states to ensure and diversify access to raw materials in the European Union, seven projects belong to Spain. Four are classified as extraction projects, two are integrated projects involving both extraction and processing, and one is categorized under recycling, in line with the objective of the Critical Raw Materials Act (CRMA) to meet the EU’s…

energias renovables

In Spain 25th March 2025

Brussels prohibits Spain from paying €101 million awarded by arbitration court to fund harmed by cut in renewable energy compensation

The European Commission has just made a key decision in the battle between renewable funds and the Spanish government, in which around €1.7 billion are at stake. The European executive has concluded that an arbitration award requiring Spain to compensate Antin Infrastructure Services with €101 million for the modification of a support scheme for renewable electricity constitutes illegal state aid. This decision means that Spain will not be able to…

spain exports

Spanish economy 24th March 2025

Spanish exports grew by 14% during Trump’s first term

Elisa Carbonell, CEO of ICEX | The global geopolitical situation has been complex for several years now: with the Covid-19 pandemic, global supply chains were put to the test, and since then, various events of different natures have occurred that are having implications for international trade. Despite this, Spanish merchandise exports have performed well in recent years: Spanish companies have been able to maintain and even increase their global market…

corporacion financiera alba

Spanish economy 24th March 2025

CNMV approves March family’s delisting of Corporación Financiera Alba

Link Securities | The Board of the National Securities Market Commission (CNMV) agreed to authorise the delisting offer for Corporación Financiera Alba (ALB) submitted by the company itself, Carlos March Delgado and Son Daviú, S.L.U. on 17 January 2025, on the understanding that its terms comply with current regulations and that the content of the explanatory brochure submitted after the latest amendments registered on 13 March 2025 is sufficient. The…

Sanchez

In Spain 21st March 2025

Government’s calculations not adding up, continues losing votes

While the president of the government negotiates in Brussels for the rearmament of the European Union, which is strongly opposed by his coalition partners, in the Congress of Deputies, the PSOE loses vote after vote, losing the support of Junts (the party of Puigdemont) in some cases, ERC (the party of Oriol Junqueras) in others, and Sumar, the party led by Yolanda Díaz, the vice president of the government.In one…

indra edificio

Spanish economy 21st March 2025

Indra criticises General Dynamics’ management by announcing intention to buy armoured vehicle manufacturer Santa Bárbara Sistemas

Alphavalue/ Divacons | Expansión comments that Indra is concentrating its signings on defence companies. For his part, the president Ángel Escribano emphasises that they will fulfil the strategic plan ahead of schedule. According to yesterday’s Expansión, the Spanish IT services and consulting company harshly criticised the management of Santa Bárbara by General Dynamics, the US defence giant. The Spanish company started a transatlantic war of words by announcing its intention…

vivienda españa 1

Spanish economy 20th March 2025

Housing prices to rise by 10% in sales and 8.6% in rentals in 2025, according to UCI and SIRA

Renta 4 | According to the forecasts included in the 22nd edition of the Real Estate Barometer, prepared by the Union of Real Estate Credits (UCI) and the Spanish International Realty Alliance (SIRA), the price of housing will rise by 10% for sales and 8.6% for rentals in 2025. Transactions, meanwhile, are expected to grow by 4.6%,to 750,000 units. The context of supply-demand imbalance, the fall in interest rates and…

comercio cm 2

Spanish economy 20th March 2025

Spain’s trade deficit reaches €6.19 billion in January, Eurozone surplus €1 billion

Link Securities | According to data released by the Ministry of Industry, Trade and Tourism, in January Spain’s trade deficit increased to €6.19 billion, compared to €3.73 billion in the same month last year, reaching its highest level since October 2022. In January, exports fell by 1.2%, to €29.78 billion, weighed down by sharp contractions in the automotive sector (21.2%), energy products (15.0%) and capital goods (5.7%). Among the main…

prisa el pais

In Spain 19th March 2025

President of pro-government El País compares Sánchez to Franco for wanting to take total control of newspaper

Joseph Oughourlian, president of Grupo Prisa – a publicly traded company and owner of the newspaper El País and SER, the leading radio network in Spain – has publicly denounced the attempt by the President of the Government, Pedro Sánchez, to oust him from the presidency of the Group and seize the company, as he has already done with Indra and Telefónica. In an editorial unimaginable just a few weeks…

espana europa billete

In Spain 19th March 2025

Spanish public administrations’ debt at €1.630 trillion in January, up 2.8% year-on-year

Link Securities | Yesterday, Expansión newspaper reported that the debt of Spanish public administrations as a whole stood at €1.630 trillion in January, which represents an upturn of 2.8% in year-on-year terms. The amount is the second highest in the historical series, according to data from the Bank of Spain (BdE). In the last 12 months public debt has increased by €50,897 million, while in relation to the month of…