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In Spain, Spanish economy 23rd March 2026

Spain to implement two decrees containing measures worth €5 billion to mitigate impact of war

Bankinter | The Government has announced two decrees containing measures worth €5 billion to mitigate the impact of the war. The first includes short-term measures to reduce taxes on electricity, such as the Special Tax on Electricity at 0.5% (down from 5.11%) until June 2026; the Hydrocarbon Tax on diesel, unleaded petrol, fuel oil, LPG, natural gas and kerosene is reduced; and a reduction in VAT on electricity for vulnerable…

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Spanish economy 2nd February 2026

77% of companies created this century no longer exist

Four out of every ten companies created in 2019—the year prior to the pandemic—failed to endure and were forced to close their doors. This percentage is still far from the “bloodbath” of the Great Recession: 73% of those set up in 2007, the year before the first major crisis of the 21st century, have disappeared. This is according to the latest report by Iberinform, which confirms that “business survival in…