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In Spain 22nd January 2026

Train drivers strike after two derailments in 48 hours leave 46 casualties

Two derailments in less than 48 hours, resulting in nearly fifty casualties—at least 45 in Adamuz (Córdoba) and another in Gélida (Barcelona)—have prompted the train drivers’ union to call for a strike on February 9, 10, and 11 to demand “infrastructure safety.” Their indignation is immense—derailments have doubled in a decade—and they appear fed up with the Ministry of Transport for disregarding their constant complaints regarding the state of the…

exports gorgeous

Spanish economy 21st January 2026

Trade Deficit Surges 40% as Exports Stagnate

According to data published by the Ministry of Economy, Trade and Business, Spain’s trade deficit reached €51,481 million between January and November 2025 (11M2025), representing a spike of over 40% compared to the same period in 2024. The coverage rate (the percentage ratio of exports to imports) stood at 87.4% through November, down from the 90.8% recorded during the same period in 2024. In 11M2025, Spanish goods exports increased by…

spain flag crisis concept 1379 4664

In Spain 20th January 2026

IMF raises global growth forecast to 3.3% and Spain’s to 2.3%

In an update to its World Economic Outlook, the IMF raised its global growth forecast for 2026 to 3.3%, representing a 0.2 percentage point increase from its October 2025 projection, while keeping its 2027 forecast unchanged at 3.2%. In this update, the IMF has once again revised upward its growth expectations for the Spanish economy for both this year and next. The projected expansion rate is 2.3% in 2026—three-tenths higher…

vivienda

In Spain 19th January 2026

Best November in history for home sales in Spain: 58,546 transactions recorded

CdM | Home sales achieved their best November in the historical series. In total, 58,546 transactions were recorded, representing a year-on-year increase of 7.8%, according to data provided by the National Statistics Institute (INE). 21.8% of the homes sold in November were new and 78.2% were second-hand. Specifically, the number of transactions involving new homes increased by 4.1% compared to November 2024, with 12,742 transactions. Not so many had been…

3. Public debt

In Spain 19th January 2026

Spanish Public Debt Grows at Year-on-Year Rate of 4.7%

In absolute terms, Spanish Public Administration debt reached €1.698 trillion in November, representing a 4.7% year-on-year increase and a 0.3% rise compared to October. Meanwhile, the public debt-to-nominal GDP ratio—calculated according to the Excessive Deficit Procedure (EDP)—stood at 101.5% in November. This represents a decrease of 0.8 percentage points compared to the figure recorded in November 2024. Breakdown by Administration Level Central Government (The State): The debt balance reached €1.549…

bancos españoles nuevo

In Spain 16th January 2026

Solid but uneventful Q4 2025 for Spanish banks

Deutsche Bank | The 2025 fourth-quarter earnings season for Spanish banks will begin with Bankinter on 22 January and conclude with Sabadell on 6 February. Overall, we expect another solid quarter, with little change in the trends seen in Q3 2025, although with some seasonal adjustments typical of Q4. Net interest margin is likely to confirm a further recovery, helped by volumes, despite some additional effects from the interest rate…

precios inflacion tickets

In Spain 16th January 2026

Spanish inflation moderates to 2.9% at end 2025 thanks to petrol and despite food prices

CdM | Inflation stood at 2.9% at the end of 2025, representing a 0.1% drop in the year-on-year rate in December, thanks to lower petrol prices and despite the rise in food prices, according to final data published by the National Statistics Institute (INE), which confirm the preliminary figures. In detail, transport and leisure and culture were the groups that stood out most for their influence on the decline in…

sanchez elections

Spanish Politics 16th January 2026

Sánchez runs out of narrative; neither governs nor stops Vox

Aurelio Medel (5Días) | The Prime Minister lacks the support to tackle serious problems (such as housing), and the far right is the primary beneficiary of this inaction. Every week, the Government proposes new regulations, marketing them as solutions to real problems of varying urgency and complexity, but they ultimately come to nothing. This past week, it was the regional financing reform (rejected even by regions governed by the PSOE)…

Montero

In Spain 15th January 2026

14 of 15 Autonomous Communities Reject New Financing Model Agreed Upon by Sánchez and Junqueras

The Minister of Finance, Mª Jesús Montero, met yesterday at the Fiscal and Financial Policy Council with the finance ministers of all autonomous communities—with the exception of the Basque Country and Navarre, which are privileged with an “economic agreement and quota” system (concierto y cupo) similar to what Catalan pro-independence supporters now aspire to achieve—to explain the new financing system agreed upon by the Government and the leader of ERC,…

spain savings rate

In Spain 14th January 2026

Spain Investors Day Kicks Off Today

Today, HM King Felipe VI inaugurates the 16th Spain Investors Day in Madrid. This forum brings together major investors, companies, government officials, and regulators over two days (from 9:00 AM to 5:30 PM at the Four Seasons Hotel) to exchange opinions, viewpoints, and concerns. According to Benito Berceruelo, founder of Spain Investors Day, “we must make Spain an attractive country and improve the things we are told to improve.” Regarding…