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Spanish government to limit short-term rentals and tourist flats to address housing crisis

News Desk3rd July 202410th July 2024

3rd July 202410th July 202416907

The Spanish government has announced its intention to modify the country’s existing housing law to put more limits on both short-term and tourist lettings, amid rising...

Spain removes sales tax on olive oil to help consumers cope with high prices

News Desk26th June 20243rd July 2024

26th June 20243rd July 202411922

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

News Desk13th June 202420th June 2024

13th June 202420th June 20243824

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...

Sale of Vodafone’s Spanish division for up to €5 billion receives green light

News Desk16th May 202422nd May 2024

16th May 202422nd May 20242516

The Spanish government has approved the sale of British mobile phone giant Vodafone’s Spanish division to investment fund Zegona for up to €5 billion. Digital...

Spanish government seeks to block BBVA’s hostile bid for rival Sabadell

News Desk10th May 202415th May 2024

10th May 202415th May 20242741

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...

Banco Sabadell rejects merger offer from BBVA

News Desk7th May 202413th May 2024

7th May 202413th May 20242824

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

News Desk2nd April 20248th April 2024

2nd April 20248th April 20242129

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

News Desk26th March 20242nd April 2024

26th March 20242nd April 20242822

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

News Desk25th March 202429th March 2024

25th March 202429th March 20245168

#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

News Desk7th March 202412th March 2024

7th March 202412th March 20242507

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...

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