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,...
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Court orders Meta to pay Spanish media companies nearly half a billion euros for ‘unfair competition’
A Spanish court ruled on Thursday that Meta, the parent company of Facebook, Instagram and WhatsApp, must pay €479 million to national media organisations for...
Brussels confirms Spain as EU’s economic engine, lifting growth forecast to 2.9% this year
The European Commission issued its revised autumn outlook on Monday, lifting its expectations for Spain’s economic performance to 2.9% growth in 2025 and 2.3% the...
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Governments of Spain & Portugal agree on Madrid-Lisbon high-speed train line
The governments of Portugal and Spain have reached an agreement to establish the first-ever direct train connection between Lisbon and Madrid, with a high-speed service...
Spain’s IBEX 35 hits all-time high, surpassing 2007 peak
Spain’s blue-chip index IBEX 35 on Tuesday hit a new record high, surpassing its previous peak in November 2007, closing a year in which it...
Spain’s unemployment rate rises slightly, even as number of people employed hits new record
Spain’s unemployment rate rose to 10.45% in the third quarter of 2025, even as the number of people with jobs rose to a new record,...
Spanish government backtracks on highly criticised self-employment contributions overhaul
After a backlash from employers, trade unions and several parliamentary groups, Spain’s Minister for Inclusion, Social Security and Migration, Elma Saiz (main image), has bowed...
Spain’s BBVA fails in its bid to take control of Banco Sabadell
Spanish bank BBVA’s €17bn hostile takeover attempt of smaller rival Banco Sabadell has collapsed, with the lender managing to secure just a quarter of its...
IMF confirms Spain’s lead as fastest-growing advanced economy for two years in a row
The International Monetary Fund (IMF) has once again identified Spain as the fastest-growing advanced economy in the world. In its latest update, the IMF revised...
Spain’s grid operator warns of new ‘voltage swings’, yet not posing risk of another blackout
Spain’s national electricity grid has experienced significant voltage swings over the past two weeks, the country’s competition watchdog said on Wednesday – fuelling fears of...
