Spain

Pedro Sanchez Plan Recuperacion

Spain receives €6,234 million from sixth tranche of Recovery Plan

Consejeros Editorial Team The European Commission has made the payment of €6.234 million (excluding pre-financing) to Spain, drawn from the European recovery fund NextGenerationEU, following the adoption by the College of Commissioners of the payment decisions authorising the sixth tranche of the Recovery, Transformation and Resilience Plan (PRTR). This new injection of funds provides a further boost to the implementation of the plan’s reforms and investments as they enter their…


gasolinera carburantes combustibles 2000x1125 1

Spanish inflation up to 3.6% in July due to rising fuel prices

Consejeros Editorial Team The rise in fuel prices has caused inflation to rise by four tenths of a percentage point in July, bringing the Consumer Price Index (CPI) to 3.6 per cent, according to final figures published by the National Statistics Institute (INE). In fact, the Government has announced that the reduction in the hydrocarbon tax applicable to diesel will rise to €0.20 per litre in September, compared with the…


distrito financiero oficinas finanzas 2000x1125 1

Company formations rise 10.9 per cent up to July, but dissolutions up 9.8 per cent, according to Experian

According to Experian Spain’s Centre for Economic Studies, the business sector has seen a net increase of 43,240 companies, whilst dissolutions have risen by 9.8 per cent and insolvency proceedings have fallen by 3.7 per cent. Reported by Consejeros Editorial Team Company formations are maintaining a strong pace in Spain in 2026. According to data from Experian Spain’s Centre for Economic Studies, 85,187 new companies were registered in the first…


robotica robot inteligencia artificial tecnologia 2000x1125 1

Spanish investment funds limit exposure to technology stocks to 11%, but 31% in equity market

Reported by Consejeros Editorial Team The latest Financial Stability Report, published at the end of July by the National Securities Market Commission, warns that market risk – particularly that linked to technology shares – is the main financial vulnerability in international markets, and that Spanish investment funds’ exposure to it is moderate. Meanwhile, in fixed income, the impact of the war in the Middle East on inflation has led to…


Centro comercial La Vaguada Madrid

Norges and Sonae acquire portfolio of eight shopping centres in Spain valued at €1.5 billion

The portfolio comprises 8 shopping centres and over 250,000 m² of gross lettable area, including several landmark assets in the Community of Madrid, where it accounts for 11,300 square metres, whilst the remainder is owned by Unibail-Rodamco-Westfield. By Renta 4 Norges Bank Investment Management, together with Sonae Sierra, signed an agreement last Friday to purchase the portfolio of shopping centres owned by the Balkany family in Spain, valued at €1.5…


gasolinera carburantes combustibles 2000x1125 1

Preliminary CPI for July rises 3/10 of percentage point to 3.5 % year-on-year, whilst core CPI up by 1/10 of percentage point to 3%

Reported by Consejeros Editorial Team Amid the energy crisis caused by the war in Iran, the CPI stood at 3.5% in July, representing an increase of three tenths of a percentage point compared with the consensus forecast and the figure recorded in June. The National Statistics Institute (INE) has explained that the behaviour of the indicator in July was due to rises in the prices of fuel and lubricants for…


Carlos Cuerpo recibe cartera vicepresidente primero ministro economia maria jesus montero

Spanish economy grows 2.7% year-on-year in Q2 2026

Reported by Consejeros Editorial Team Against a backdrop still marked by the impact of the war in Iran, preliminary GDP figures have provided a positive surprise, showing growth of 0.7 per cent quarter-on-quarter in the second quarter of the year – one-tenth of a percentage point higher than in the first quarter – whilst maintaining stable annual growth at 2.7 per cent, contrary to expectations of a slowdown. According to…


IMG 20260729 123941

Pension expenditure rises by 6.2% in July, reaching a record high of €14.432 million

The average pension under the Social Security system stands at €1,372.2 this month, 4.6% higher than in the same month last year. Reported by the Editorial Team Pension expenditure reached €14.4319 billion in July, up 6.2% compared with the same month last year, according to figures provided by the Ministry of Inclusion, Social Security and Migration, which include the adjustment approved by the Government for 2026. In the seventh month…


immigrants working

Spain contributing most to EU population growth thanks to immigration

Reported by the Consejeros Editorial Team A few weeks ago, the General Council of Economists of Spain (CGE) and the Foundation for Applied Economic Studies (Fedea) held a conference dedicated to the impact of migration on the Spanish economy, as part of their series on Structural Issues in the Spanish Economy. Several speakers took part in the session, presenting different papers and perspectives on the topic. Pilar Cuadrado Salinas, a…


Absentismo Laboral

Catalonia bears highest cost of workplace absenteeism at €11.557 million, followed by Community of Madrid at €10.290 million

According to the 15th Adecco Report on Healthy Workplaces and Absenteeism Management, absenteeism cost the Spanish economy €59,109 million last year, 11.7 per cent more than in 2024 and almost double the figure for 2019, when it stood at €30,171 million. Reported by Consejeros Editorial Team Spain is facing 2026 with absenteeism at historically high levels. Data from the fifteenth edition of the Adecco Report on Healthy Workplaces and Absenteeism…