Spain approves 3.1% minimum wage rise to €1,221 per month, over 14 payslips
The Spanish Labour Ministry reached an agreement on Monday with the country’s main trade unions to raise the national minimum wage once again. The 3.1%...
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Economy & Employment
Spain’s unemployment rate drops below 10% for first time since 2008
Spain’s unemployment rate fell by just over half a percentage point to 9.93% by the end of 2025, according to the latest Labour Force Survey...
Spain tourism hits new high in 2025: 97 million foreign visitors, spending €135bn
Spain welcomed a record 97 million international tourists in 2025, marking a second consecutive year of unprecedented arrivals in a sector that remains central to...
PM Sánchez defends Spain’s immigration model, urging Europe to take note
Prime Minister Pedro Sánchez said on Thursday that Spain’s approach to immigration should serve as an example for the rest of Europe, arguing that it...
Spain’s inflation rate eased slightly in December, with 2025 closing at 2.7% average
Spain’s inflation rate eased slightly in December, falling by one tenth of a percentage point to 2.9%, driven mainly by lower fuel prices compared with...
Bank of Spain lifts growth forecast, but household finances remain under pressure
Spain’s central bank on Tuesday upgraded its forecast for economic growth next year, underlining the country’s status as one of the euro zone’s strongest performers...
Telefónica to shed up to 5,500 jobs, over 25% of its workforce in Spain
Telefónica is to cut up to 5,500 jobs in Spain under a voluntary departure plan agreed with trade unions last week, the debt-laden telecoms firm...
Spain pushes back ‘Verifactu’ invoicing system for SMEs and self-employed to 2027
The Spanish government has decided to give small firms and self-employed workers additional time to adjust to the new Treasury-designed invoicing system, Verifactu. Under the...
Spain commits €1.3bn to push electric vehicle production and sales towards 2035 target
Spain will allocate close to 1.3 billion euros next year to bolster its electric vehicle (EV) market and manufacturing base, Prime Minister Pedro Sánchez announced...
Telefónica to pursue 5,000 job cuts in Spain, according to union
Spain’s heavily indebted telecoms heavyweight Telefónica is preparing to shed up to 5,040 positions across three of its subsidiaries as part of a sweeping overhaul,...
