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In Spain 30th June 2026

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…

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In Spain 30th June 2026

Gender Parity Act: EJE&CON warns of risk of rushed decisions and shortage of talent on boards

By Consejeros Editorial Team EJE&CON, the Spanish Association of Executives and Board Members, warns of the dangers posed by the deadline – this June – for implementing the Gender Parity Act on the IBEX 35, by which time at least 40 per cent of non-executive directors must be women. They point out that “the data show uneven progress. The IBEX 35 already stands at around 41–42 per cent female representation…

In Spain 30th June 2026

Judge investigates president of state-owned holding company and 24 other individuals

National Court Judge Santiago Pedraz has summoned Belén Gualda, the president of the State Society of Industrial Participations (SEPI), and 24 other people to testify under official investigation. This comes as part of the case probing the mediation of Leire Díez—the PSOE insider—and the Hirurok group (a WhatsApp group formed by Díez; the former president of SEPI, Vicente Fernández; and Navarrese businessman Antxon Alonso, a partner of Santos Cerdán, the…

In Spain, Markets 29th June 2026

CNMV chairman calls for reforms to takeover law, although “without urgency”

Reported by Consejeros Editorial Team The current Royal Decree of 2007 on Takeover Bids is about to turn 20. According to the chairman of the National Securities Market Commission (CNMV), Carlos San Basilio, the time has come to consider reforming this legislation. Speaking at the 43rd Seminar of the Association of Economic Journalists (APIE) at the Menéndez Pelayo International University (UIMP) in Santander, the executive argued that, whilst regulatory updating…

In Spain 29th June 2026

Sánchez closes parliamentary term with only seven laws passed and 80 pending

The evident lack of support in both the Congress and the Senate has resulted in the worst full parliamentary term across Pedro Sánchez’s three legislative periods. The Government has only managed to pass the Sustainable Mobility Law, the Customer Service Law, the Air Navigation Law, the Sustainable Economy Promotion Law, and the Organic Law on Repeat Offending. Furthermore, during the last plenary session on June 25th, it succeeded in passing…

In Spain 26th June 2026

Civil lawsuits in Spain take up to 12 years to resolve

Civil lawsuits regarding loans, mortgages, unfair contract terms, evictions, or credit cards can take up to 12 years to be resolved. The biggest bottleneck occurs in the Supreme Court, where cases remain for an average of seven years, but also in the preceding stage, the Provincial Courts (Audiencias Provinciales). Proceedings in the court of first instance take about two years. This was stated this Thursday by the president of the…

In Spain, Spanish economy 25th June 2026

Spain’s GDP grows 0.6% in first quarter, 2/10 p.p. less than in previous quarter

Between January and March, household consumption growth slowed by three tenths of a percentage point to 0.6%, whilst public spending accelerated by three tenths of a percentage point to 0.5%, and spending by non-profit institutions accelerated by 1.4 percentage points to show growth of 2%. Reported by the Editorial Team Spain’s Gross Domestic Product (GDP) grew by 0.6% in the first quarter of the year, two tenths of a percentage…

Ibex, In Spain 25th June 2026

Mapfre and Técnicas Reunidas win the AECA 2026 Corporate Transparency Award

Reported by the Consejeros Editorial Team, The Spanish Association of Accounting and Business Administration (AECA) has awarded the 2026 “AECA Corporate Transparency Award” to Mapfre and Técnicas Reunidas, in the IBEX 35 and IBEX Medium Cap & IBEX Small Cap categories, respectively. The award evaluates and recognises the efforts and achievements of both companies in the areas of transparency and the disclosure of financial information, corporate governance and sustainability. Representatives…

In Spain, Relevant News Item 25th June 2026

King speaks of “dark days” while Sánchez entrenches himself in La Moncloa

The country is gridlocked. And yesterday this became clear to everyone. Yesterday, the Prime Minister appeared before Congress to answer for all the corruption cases surrounding him—within his family, his party, and his Government. And as expected, he limited himself to asserting that “he neither knew about it, nor would he have tolerated it.” Furthermore, although Puigdemont’s party—whom Sánchez granted amnesty in exchange for secure investiture—urged him to “do like…

In Spain 24th June 2026

Medium-sized companies leading the way in growth boosting productivity without cutting jobs or wages according to Afi Foundation

A study included in the Afi Emilio Ontiveros Foundation’s “Snapshot of the Spanish business landscape: in search of growth” indicates that the 100 companies that recorded the highest cumulative annual revenue growth between 2008 and 2024 generate 30 per cent more revenue for every euro invested in staff and have achieved record levels of profitability. Analysis by the Afi Foundation According to the 2026 update of the ranking of the…

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