Spanish government seeks to block BBVA’s hostile bid for rival Sabadell
The Spanish Economy and Labour ministers said on Thursday that they opposed the hostile takeover bid launched by BBVA bank for its smaller rival Banco...
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Banco Sabadell rejects merger offer from BBVA
Banco Sabadell has turned down the offer of a possible merger with BBVA, Spain’s second-largest bank, more than three years after it turned down a...
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 government takes 3% stake in Telefónica after Saudi deal concerns
The Spanish government has acquired a 3% stake in telecoms giant Telefónica following concerns over a Saudi firm taking a piece of a company that...
Spain’s High Court halts temporary suspension order of Telegram’s services
#UPDATED on Monday 15 March at 20h. A Spanish judge on Monday halted his controversial order to temporarily suspend messaging app Telegram in the country...
Spain puts temporary ban on Worldcoin eyeball scans, over privacy concerns
Spain’s privacy regulator has ordered for Worldcoin, the company that scans eyeballs to make digital IDs in exchange for crypto, to cease its operations in the...
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...
