IAG group announces acquisition of Spain’s Air Europa for €500 million
The Airline group, IAG, parent company of British Airways and Iberia, has announced the acquisition of Air Europa for €500 million from Spanish company Globalia.
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Food prices in Spain have risen more than 15% since January last year
Prices for food and non-alcoholic beverages in Spain rose by 15.4% year on year in January, according to data issued on Wednesday by the National Statistics
Banco Santander posts record profits of €9.6 billion for 2022, up 18% from 2021
Spanish banking giant Banco Santander reported on Thursday record profits for 2022, as higher interest rates boosted its earnings and offset the costs from soaring
Spain raises minimum wage by 8% for 2023, making it €15,120 gross a year
The Spanish government announced on Tuesday an 8% rise in the minimum wage for 2023, despite the opposition of employer groups, in a context of high
Spain’s Labour Ministry fines delivery firm Glovo a further €57m
Spain’s Labour Ministry has fined Glovo a further €56.7 million for allegedly violating laws on hiring riders. The company had previously been fined €79m last September.
Spain saw full recovery of tourism in 2022, with income higher than pre-Covid level
Spain’s income from tourism activity surged in 2022, surpassing levels last seen before the Covid-19 pandemic, the Exceltur tourism association said on Tuesday. The association,
Spain records its lowest unemployment level since 2007
The number of people registering as unemployed in Spain fell slightly for December from the previous month, and which means it ended 2022 at a
Spain announces another €10 billion of state aid to ease inflation pain in 2023
Spanish Prime Minister Pedro Sánchez announced on Tuesday a further €10 billion package of measures to counter inflation in 2023, bringing total such aid to €45
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Spanish government to pay €150k to SMEs to test a four-day work week
The Spanish government is to pay €150,000 to small and medium-sized companies (SMEs) that take part in a trial to adopt a four-day working week without
Focus: Netflix picks Madrid for its largest studios in EU, helping Spain’s aim to be the ‘Hollywood of Europe’
Spain’s bid to become the ‘Hollywood of Europe’ has taken a further step forward with the online streaming giant, Netflix, recently inaugurating five more film sets at its hub
