Spain plans a temporary tax on the wealthiest 1% of population for two years
The Spanish government is planning to impose a temporary tax on the wealthiest 1% of the country’s population, starting from next year amid soaring inflation,
Economy
Inflation in Spain slowed slightly in August as fuel prices eased
Spain’s inflation rate slowed slightly in August as fuel prices eased, but it remained high due to rising electricity and food prices, official data showed
Spain seeks 4.8% windfall tax on banks, 1.2% on energy firms to beat cost of living crisis
With the plan to tax banks and energy firms initially announced by Spanish Prime Minister Pedro Sánchez two weeks ago, the socialist-led coalition government finally
Spain cuts 2023 growth forecast, mainly due to the war in Ukraine
Spain has cut its growth forecast for 2023, mainly due to the economic fallout following the Russian invasion of Ukraine and higher interest rates. The
Spain announces further €9bn to tackle Ukraine fallout, with fuel subsidy extended
The Spanish government on Saturday announced a further €9 billion national aid plan to help the country against the on-going economic fallout from the Russian invasion
Qatar commits to investing €4.7 billion in Spain
Qatar has committed to investing 4.7 billion euros in Spain as the country launches an economic overhaul with its share of European Union pandemic recovery funding.
Spain approves line of guarantees to ensure liquidity of companies
The Spanish government has approved the characteristics of the first tranche of a line of guarantees for self-employed workers and companies, for a total of
Permanent job contracts reach record high in Spain, following labour reform
The number of people registering as unemployed in Spain fell 2.77% in April to 3.02 million people, the lowest level since July 2019, as hirings
Spain cuts 2022 growth forecast over consequences of war in Ukraine
Spain has slashed its economic growth forecast for 2022, mainly due to the economic consequences following the Russian invasion of Ukraine, and which continue to fuel
Spain to invest €11bn in microchip manufacturing to become global supplier
Spain is aiming to be a global leader in the semiconductor and microchip industry, as plans were announced this week for an 11 billion euro
