Electricity Demand In Spain Soars, Beating Records, On Recent Heatwave
The recent heatwave in Spain has sent the demand for electricity soaring. Last Friday, there was another record registered in electricity demand for this month of June.
In Spain
Can Spanish left unite?
Some things never seem to change and the Spanish left’s inability to unite against the right has looked like one of them. The two general elections and months of political paralysis Spain lived through between December 2015 and October 2016 saw the PSOE and Podemos locked in a battle for control of the left which turned poisonous at times and allowed the PP’s Mariano Rajoy to stay in power simply by doing what he does best – sitting back and watching.
The Doubtbul Reach Of An Exceptional Move: Spain’s Watchdog Deals With The Short-Sellers
Fernando Rodríguez | The suspension on short-selling in Liberbank, which the CNMV has enforced for a month, has not left stock market players indifferent. Experts, fund managers, traders, analysts and lawyers, traditionally opposed to interference in the workings of the capital markets, are doubtful about the reach of such an exceptional measure. At the same time, they support the usefulness of the short-sellers.
When Will Mortgage Lending Stop Declining?
J.L.M. Campuzano (Spanish Banking Association) Data on the Spanish property market reveals the same trend as over the last few months: a moderate recovery in prices, at the same time as sales continue (adjusted for the 2016/2017 calendar difference with respect to Holy Week)
The weakness of Spain’s exports industry: we need more high-technology investment
Of its total exports, Spain only sells 5% of high-technology products overseas, or 1.65% of GDP. The country needs to boost investment in high-tech goods and services.
Madrid And Catalonia: A Weird Waltz
Another solemn announcement by the Catalan government, another date for the diary. On October 1, the Catalan people will be asked to vote ‘yes’ or ‘no’ on the following question: “Do you want Catalonia to be an independent state in the form of a republic?”. The Catalan separatist camp, led by regional premier Carles Puigdemont, hopes for a victory that will then see the north-eastern region declare independence from Spain.
Sanchez’ PSOE is back to stabilise and modernise Spain with the help of a European progressive alliance
Everything seems to indicate that Pedro Sánchez will be acclaimed as PSOE leader at the 39th Spanish Socialist Party Congress to be held 16-18 June. He is proposing a new social pact to modernise and stabilise Spain, with its roots in a European progressive alliance, in the face of the current or upcoming neoliberalism crises.
Leave The Reforms Already Implemented In Spain Alone!
A survey by the Family Business Institute, which groups the big Spanish companies together, and the CIS’ economic confidence barometer show that people are confident about the outlook for the economy. But the political panorama is a different story. They are more wearied by the political tension and corruption than by the conditions of their daily lives.
Spanish Housing Prices Could Rise By As Much As 4%
Non-subsidised Spanish housing prices grew 0.9% on as quarterly basis and 2.2% year-on-year in the first quarter of 2017, according to the statistics on the tax valuation of houses published by the Public Works Ministry. Minister Iñigo de la Serna flagged that it’s the eight consecutive quarter with price rises, although he ruled that there is an overheating in the sector.
Spain Announces A New 3.000 MW Renewables Auction After Previous One’s Success
While last week’s auction of installation licences for 3.000 MW of renewable energy was very successful, many companies ended up not being awarded anything. So the government has decided to hold another auction with similar characteristics. But this time it will only be for renewable and photovoltaic energy.