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In Spain 10th February 2026

Electricity demand in Spain rises 3% in 2025 compared to 2.3% in 2024

Alphavalue/ Divacons | Electricity demand in Spain grew by ‘just over 3%’ in 2025, consolidating the upward trend after the 2.3% rebound in 2024, according to projections by the International Energy Agency (IEA). This acceleration will continue with an average annual increase of ‘just under 2%’ between 2026 and 2030, a rate that the agency describes as ‘well above’ the meagre average of 0.4% recorded over the last decade. The…

In Spain 9th February 2026

Spanish industrial production closes 2025 with average increase of 1.3%, marking two consecutive years of growth

CdM | Industrial production rose by an average of 1.3% in 2025 compared to the previous year, according to data from the General Industrial Production Index (IPI) published by the National Statistics Institute (INE). This marks two consecutive years of growth. It also represents the largest increase since 2022. By sector, those with the highest average increase were the manufacture of other transport equipment (5.8%), extractive industries (4.9%) and electricity…

Spanish Politics 9th February 2026

PP wins elections in Aragon with 26 seats (down 2), PSOE collapses to 18 (down 5), and Vox skyrockets to 14 (7 gains)

Jorge Azcón, the President of Aragon for the last two and a half years, called early elections following the refusal of Vox—the far-right party—to support his 2026 budget. “Because we are not like them,” he said yesterday after winning the election with 26 seats (two fewer than he previously held). He was referring to Pedro Sánchez’s administration, which is still governing with the 2023 budget approved in 2022 during the…

In Spain 6th February 2026

Spanish workers’ living standards steadily declining, says INE

Since 2018, when Pedro Sánchez arrived at the Moncloa, the number of workers unable to heat their homes in winter has skyrocketed by 130%. Back then, this situation affected 6% of the employed; now, it impacts 14.1%. This is one of the figures extracted from the Living Conditions Survey by the National Statistics Institute (INE), which includes other indicators showing how the living conditions of Spanish workers have worsened. For…

Relevant News Item, Spanish economy 5th February 2026

BBVA reports 4Q25 attributable profit of €2,533m, slight miss versus company consensus

Jefferies | BBVA reported 4Q25 attributable profit of €2,533m, which was a slight miss versus company consensus of €2,554m. PBT was a slight miss as well, with PPP a 2% beat. Group top line was a 2% beat, but partly offset by costs 3% higher than consensus. Impairments were a 9% miss. By geography, beats in Spain and Mexico, offset by Turkey missing. Final dividend of 60c per share announced….

In Spain 5th February 2026

AIReF reports 60% surge in medical leave over last decade

The Independent Authority for Fiscal Responsibility (AIReF) asserts that temporary disability leave in Spain has grown by 60% since 2017. Furthermore, the average duration of medical leave has increased from 40 to 46 days. In cases regarding mental health, the extension is even more pronounced, jumping from 67 to 99 days. These are some of the conclusions from its Spending Review 2022-2026 report, which analyzes the Social Security’s second-largest expenditure…

In Spain 4th February 2026

Vehicle sales in Spain reach 1,148,650 units in 2025 (up 12.9% on 2024), exceeding one-million mark for second consecutive year

Link Securities | The Spanish Association of Car and Truck Manufacturers (Anfac) announced yesterday that 1,148,650 vehicles were sold in Spain in 2025, 12.9% more than the previous year. The figure exceeds one million registered units for the second consecutive year. In 2025, sales of electrified passenger cars (BEV+PHEV) increased by 94.6% to 225,617 units. This is a historic figure that exceeds, for the first time, 200,000 units registered in…

In Spain 4th February 2026

96.8 million tourists visit Spain in 2025, new all-time high and 3.2% up on previous year

Link Securities | The National Statistics Institute (INE), in its Statistics on Tourist Movements at Borders (FRONTUR), reports that Spain received 5.3 million international tourists in December, 0.4% more than in the same month in 2024. In that month, the United Kingdom was the main country of residence of tourists arriving in Spain, with 900,208 tourists and an increase of 0.1% compared to December 2024. France sent 707,513 tourists (8.4%…

In Spain 4th February 2026

Spain to also ban social media use for under-16s

The movement began in Australia—where the law came into effect on December 10—and has been quickly supported by several European countries. In France, the ban will begin in September for minors under 15, the same age limit announced by Norway and Denmark. Now Spain joins the list. During the “World Governments Summit” currently being held in Dubai, President Pedro Sánchez announced that Spain will prohibit social media access for minors…

In Spain, Relevant News Item 3rd February 2026

Santander acquires Webster, becoming 10th Largest U.S. Bank after posting €14.1 billion profit in 2025

“If you are not in the U.S., you cannot aspire to be a global bank,” stated Ana Botín, Executive Chair of Banco Santander, explaining the acquisition of Webster for $12.2 billion—an all-stock transaction. She described the move as a “growth operation” that will “allow us to increase earnings by 7% and positions us to be one of the most competitive banks in the U.S., with the expectation of reaching an…