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Brussels takes legal action against Spain for obstructing BBVA’s takeover bid for Sabadell

News Desk19th July 202523rd July 2025

19th July 202523rd July 20253921

The European Commission has formally challenged Spain over its actions to obstruct BBVA’s hostile takeover bid for rival Sabadell. On Thursday, a letter of formal...

BBVA to proceed with Sabadell takeover bid, despite government’s conditions

News Desk30th June 20257th July 2025

30th June 20257th July 20254658

Spain’s BBVA said on Monday that it would be moving ahead with its hostile takeover bid for smaller rival Sabadell, despite the government effectively blocking...

Spanish government says BBVA must keep Sabadell separate for 3 years as takeover condition

News Desk24th June 202530th June 2025

24th June 202530th June 20254565

Spain’s BBVA will be required to maintain Banco Sabadell and itself as separate entities for at least three years and safeguard existing jobs, according to...

Iberia Airlines to launch new flight routes to cities in US, Canada, Brazil, Mexico

News Desk19th June 202524th June 2025

19th June 202524th June 202520894

Spanish airline Iberia has announced its intention to expand its fleet of long-haul aircraft from the current 45 to 70, allowing it to boost flight...

EU Investment Bank pledges €1.6bn for Bay of Biscay power link connecting Spain & France

News Desk17th June 202523rd June 2025

17th June 202523rd June 20251736

The European Investment Bank (EIB) has announced a funding package of 1.6 billion euros to support a major electricity interconnection project linking France and Spain...

Bank of Spain downgrades country’s GDP growth due to US tariffs uncertainty

News Desk11th June 202517th June 2025

11th June 202517th June 20251980

Uncertainty from US President Donald Trump’s tariffs, and the risk that they result in a global slowdown, has forced Spain’s central bank to downgrade its...

Netflix to invest more than a billion euros in Spain over next four years

News Desk11th June 202517th June 2025

11th June 202517th June 20255869

The US streaming giant Netflix has said that it is going to invest €1.1 billion in productions in Spain between 2025 and 2029, which has...

Spain’s Aena gets green light for €3.2bn expansion of Barcelona-El Prat airport

News Desk10th June 202519th June 2025

10th June 202519th June 20254823

The Catalan government has given approval for Spain’s airport operator Aena to carry out a 3.2 billion euro expansion of Barcelona airport – officially the...

Unemployment in Spain drops below 2.5 million for first time in 17 years

News Desk4th June 20259th June 2025

4th June 20259th June 20252789

May typically brings a surge of optimism for Spain’s labour market, as businesses gear up for the busy summer period with a fresh wave of...

EU hits food delivery company Glovo with multimillion euro fine

News Desk3rd June 20259th June 2025

3rd June 20259th June 20254690

The European Union has imposed a hefty fine totaling €329 million on the German food delivery firm Delivery Hero and its Spanish subsidiary Glovo for...

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