In Spain

PP Feijoo Manueco

PP wins elections in Castilla y León again as PSOE consolidates left-wing vote and halts decline

The PP (People’s Party), with 35% of the vote and 33 seats—two more than it previously held—has won the elections held yesterday in Castilla y León, where two-thirds (65.7%) of the just over two million people called to the polls turned out to vote. Consequently, the acting president and PP candidate—representing a party that has governed the region for 39 years—Alfonso Fernández Mañueco, is the only one with real possibilities…


fotovoltaica

Photovoltaic generation in Spain reaches historic milestone in 2025, recording 50.2 GWh, 18.4% of national energy mix

Alphavalue / Divacons | Photovoltaic production in Spain reached a historic milestone in 2025, recording 50.2 GWh, representing 18.4% of the national energy mix. This record consolidates solar energy as a strategic pillar of Spain’s energy transition, achieving its highest levels both in terms of absolute generation and as a share of the total electricity produced in the country.


Iberia Vueling

Telefónica, Iberia, Glovo… year kicks off with trickle of mass layoffs

Iberia, the national flag carrier, has just announced an ERE (Mass Layoff Procedure) to let go of 996 employees. This is the latest in a long series of announced layoffs that have already dominated headlines in the short time we’ve been in 2026. On March 1st, 2,700 workers left Telefónica, marking the first wave of a mass redundancy plan agreed upon with unions that will eventually affect a total of…


Spain economy linda

Brussels calls for CJEU to fine Spain for failing to apply VAT exemption directive for SMEs and self-employed

Firstly, the Commission reproaches Spain for failing to incorporate the rules that update the VAT regime applicable to small and medium-sized enterprises (SMEs)—a reform adopted in 2020 with the aim of simplifying the tax obligations of these companies and reducing competition distortions within the internal market. The EU Executive explains that although Spain has indicated it does not intend to apply the VAT exemption for SMEs and the self-employed with…


IPC carburantes

Spanish Treasury profits from Iran conflict: nearly €300 million extra collected in March due to fuel price hikes

The Government has yet to activate any aid plan to mitigate the impact of energy prices on households, businesses, and the self-employed. Consequently, public coffers are amassing millions following the restoration of tax rates that had been previously reduced after the war in Ukraine. Specifically, the recovery of VAT, the end of the gas price cap, and the progressive increase in electricity taxes pushed tax collection at the end of…


gas electricidad

Utility companies suspend fixed-price electricity and gas contracts due to Iran crisis

The wholesale price of gas has surged from less than €30 per megawatt-hour (MWh) just a few weeks ago to over €60 per MWh, representing an increase of more than 100%. Consequently, several energy-intensive companies have recently received letters from their gas suppliers warning that the sudden spike in wholesale market prices—stemming from the U.S. and Israeli offensive against Iran—makes it impossible to maintain the previous pricing conditions. The suppliers…


housing spain

House prices in Spain rose 12.7% on average in 2025

Overall, the price of unsubsidized housing (vivienda libre) in Spain soared by an average of 12.7% last year—4.3 percentage points higher than the increase recorded in 2024 and its largest spike since 2007, when it rose by 9.8%, according to the Housing Price Index. With the 2025 increase, housing prices have now seen 12 consecutive years of growth. The 2025 figure is the highest in the INE (National Statistics Institute)…


Montero

AIReF’s swansong: demanding adjustments as public debt—at 100% of GDP—grows at 4.8% annually, doubling GDP growth of 2.8%

The newspaper El Mundo explains that “the PSOE is silencing the head of the Fiscal Authority and preventing her from criticizing in Parliament the lack of Budgets amidst the Iran crisis and the pact with Junqueras.” This is because, according to what Cristina Herrero—who until the 4th of this month presided over the Independent Authority for Fiscal Responsibility (AIReF)—explained to them, she requested weeks ago to meet with the First…


data

Spanish civil servants now earn 20% more than private sector workers — €579 per month extra

The average salary for Spanish civil servants has reached €2,800 per month over the past year, hitting historic highs. According to data from the Social Security Contribution Base Statistics, 1.2 million public workers affiliated with the General Regime receive €2,800 a month. The latest update from September 2025 places the figure at €2,853.5 per month. When comparing the salaries of civil servants with the rest of the workforce, the average…


Repsol gasolina

Government plans to intervene in Repsol, Moeve and BP prices if necessary in light of impact of Persian Gulf conflict

Banco Sabadell | In an interview with TVE yesterday, the Minister of Economy, Carlos Cuerpo, stated that the government will be monitoring fuel prices due to the potential impact of rising oil and gas prices in light of the conflict in the Persian Gulf, as price increases are passed on very quickly and decreases very slowly. Carlos Cuerpo referred to the war in Ukraine, saying that they would be prepared…