Spanish government denies exploiting flood disaster to get budget approved
Spain’s minority coalition government of the PSOE socialists and Sumar left-wing umbrella group wants to galvanise its deadlocked 2025 draft budget by linking part of...
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Economy & Employment
Spain’s consumer price inflation fell to 2.8% in July – lowest level in five months
Consumer price inflation softened in Spain as expected in July to the lowest level in five months, latest data showed on Tuesday. Inflation fell to...
Microsoft to invest €2.2 billion in huge data centre project in Aragón
Tech giant Microsoft is to invest 2.2 billion euros in a huge data centre project in northeastern Spain, regional authorities said on Wednesday as the...
Spain removes sales tax on olive oil to help consumers cope with high prices
Spain will temporarily eliminate the sales tax on olive oil – a key product of the country’s cuisine – to help consumers cope with skyrocketing prices,...
Ford to cut a further 1,600 jobs at Valencia plant
US car manufacturer Ford has said it will be seeking to cut another 1,600 jobs at its assembly plant near Valencia, where it already axed 1,100...
Unemployment in Spain reaches lowest March figure since 2008
Unemployment in Spain decreased notably to hit its lowest figure for the month of March since 2008, data from the country’s Labour Ministry showed on...
Spanish economy grew 2.5% in 2023 – slightly stronger than expected
Spain’s economic growth was slightly stronger than expected in 2023 as gross domestic product picked up pace at the end of last year, official data...
Ryanair pledges €5bn investment in Spain during meeting with Pedro Sánchez
Ryanair is set to inject €5 billion into Spain over the next seven years, demonstrating its commitment to the country. The announcement follows a meeting...
Spain to increase minimum wage by 5%, to €1,134 gross, over 14 payments
The Spanish government has reached an agreement with the country’s unions to raise the minimum wage in 2024 by 5%, representing €54 per month over...
Unemployment in Spain reaches its lowest level since 2007
Unemployment in Spain has reached its lowest level since 2007, having decreased 4.59% since December 2022, landing at a figure of 2,707,456 unemployed in December...
