“On 9 July, we will hold the final meeting of the expert group that has been involved in drafting the code (a group comprising issuers, investors, etc.), and afterwards we will meet with companies and other stakeholders who have not been involved in the drafting process, to hear their views and enable us to put it out for public consultation before the end of the year. The aim is for…
Two autonomous communities governed by the PSOE—Asturias and Castilla-La Mancha—have announced they will vote against the new regional financing system, leaving the Government to attempt to pass it with the support of just a single region, Catalonia, out of the 15 common-regime territories. With this stance, combined with that of the regions governed by the PP, there are now 14 regional finance ministers (consejeros) opposing the new financing model. The…
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…
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…
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…
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…
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…
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…
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…
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:…