In Spain

spain savings rate

Treasury gives Autonomous Communities 15 days to “study and approve” financing system negotiated with Catalan separatists

The Minister of Finance, Arcadi España, wants the first reform of the regional financing system since 2009—for which the State is putting €225 billion on the table—to be studied and approved within fifteen days by the competent multilateral body: the Fiscal and Financial Policy Council (CPFF), where all autonomous communities are represented (the majority of which are governed by the main opposition party, the PP). This is because the affirmative…


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Half of Spanish family-owned businesses have no plans to open up their share capital to third parties

The percentages of Spanish family businesses with no plans to raise capital from third parties or list on the stock exchange over the next decade (49 per cent and 67 per cent, respectively) are well above those recorded across all the countries analysed (36 per cent and 45 per cent, respectively), according to KPMG’s ‘2026 Family Business Report’. Reported by Consejeros Editorial Team The percentages of companies with no plans…


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Absenteeism continues to rise in Spain, with the Basque Country now at 9.4 per cent of agreed hours

The national average has risen by two tenths of a percentage point to 7.2 per cent in Q1 26. By region, the Basque Country leads the national absenteeism figures with 9.4 per cent of agreed hours. It is followed by Asturias (9.1 per cent) and the Canary Islands (8.9 per cent). At the other end of the scale, the Community of Madrid is surpassed only by the Balearic Islands, which…


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“Many companies complicate CSRD implementation more than necessary”

Rosa Mª García Piñeiro, board member at Caixabank, Acerinox, and Ence—serving as chair of the sustainability committee for the latter two and as a committee member at Caixabank—explains that “the directive does not set the materiality threshold. The company decides it based on its own criteria. There is nothing in the legislation that prescribes what is material and what is not. The auditor-verifier may have one opinion, the company may…


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E-commerce in Spain exceeds €114.8 billion in 2025, up 20.6 per cent on previous year

Reported by Consejeros Editorial Team E-commerce turnover in Spain rose by 22 per cent year-on-year in the fourth quarter of 2025 to reach €31.418 million, according to the latest e-commerce data from the CNMC. The sectors with the highest revenue were travel agencies and tour operators, accounting for 7.1 per cent of total turnover, and clothing, accounting for 7 per cent. Looking at the number of transactions, more than €575…


Spain tourism

Tourist arrivals grow by 5% so far this year, spending up 7.8%

According to the Border Tourist Movements Survey (FRONTUR) released by the National Statistics Institute (INE), Spain received 10.3 million international tourists in May, up 9.5% compared to the same month in 2025. In May, the United Kingdom remained the main source market, with nearly 2.2 million tourists, a 6.1% increase compared to May 2025. It was followed by France, with 1.3 million visitors (up 11.1%), and Germany, also with 1.3…


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Number of unemployed in Spain falls by 28,700 in June, bringing total to 2.3 million

As is customary at this time of year, the decline is due to a reduction in unemployment in the services sector, where the number of unemployed fell by 28,498. By autonomous community, Andalusia is the region with the largest reduction in unemployment. Reported by Consejeros Editorial Team June ended with 28,739 fewer unemployed people registered at Public Employment Service (SEPE) offices, thanks mainly to the fall in unemployment in the…


poverty

686,000 Spaniards go entire days without eating, Cáritas claims

According to the Catholic organization, “food insecurity affects 1 in 10 households (12%) in Spain.” In terms of individuals, this means that “food insecurity” impacts nearly 2.8 million people. Out of these, some “686,000 go entire days without eating due to a lack of resources,” explained the Secretary General of Cáritas Española, María González Dyne. Cáritas explains that essential expenses—housing and food—are the areas where prices are rising the most:…


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1.17 million immigrants seek to regularize their status in Spain

The number of applications—1.17 million—far exceeds the figures managed by the Government (half a million people) when the process began last April 16. This raises even more reservations among European Union member states and within the Supreme Court, which is considering whether to submit a query to the Court of Justice of the European Union (CJEU) regarding how this process aligns with current EU regulations. If the High Court decides…


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Public funding for businesses fell by 38% in 2024 compared with 2023 but remains well above pre-pandemic levels

According to preliminary data for 2025 from Experian’s Yearbook, public authorities granted €11,152.17 million in the first half of 2025, 36.59% less than in the same period of 2024. Analysed by Consejeros Editorial Team The Experian Yearbook for 2024 and the first half of 2025 confirms that, following the extraordinary record set in 2023, public funding for businesses in Spain has entered a phase of normalisation. In 2024, public authorities…