From motorbikes to beauty products: EU announces first tariffs to hit back at US
LATEST: EU welcomes Trump’s 90-day pause in tariffs, as stock markets soar. The European Union took its first steps on Wednesday to retaliate against President...
Economy
Spain and Vietnam pledge to ‘upgrade bilateral relations’ after tariffs shock
Spain and Vietnam have agreed to raise their diplomatic relationship to the highest level, in a move aimed at navigating the repercussions of steep new...
Pedro Sánchez heads to China and Vietnam in wake of US tariffs storm
Spanish Prime Minister Pedro Sánchez embarks on a visit to China and Vietnam this week, aiming to expand market access in the wake of US...
EU hits out at Trump’s tariffs, yet keeps door open for ‘last-minute negotiations’
European leaders strongly criticised the latest round of sweeping US tariffs on Thursday, with the European Union signalling its readiness to implement countermeasures while also...
Trump announces reciprocal tariffs on EU in retaliation to VAT
United States President Donald Trump has announced plans to implement reciprocal tariffs on foreign trade, meaning imports from international trading partners will face taxes equivalent...
Unemployment rate in Spain falls to lowest level since 2008 crisis
Unemployment in Spain fell last year to its lowest level since the 2008 global financial crisis, as the tourism-driven service sector performed strongly, official data...
Spanish economy grew 0.8% in 3rd quarter, driven by consumption & exports
The Spanish economy grew 0.8% in the third quarter of 2024, as domestic consumption and exports increased, reinforcing a buoyant performance comfortably outstripping the EU...
Spain to introduce shorter working week with same pay by end of 2025
Spain’s coalition government and the two largest trade unions, the UGT and CCOO, agreed on Friday to implement a shorter work week with the same...
Spain tops economic rankings in weekly ‘The Economist’ magazine
Spain’s economy has been singled out as the best performing among 37 countries of the OECD (Organisation for Economic Co-operation and Development), according to the...
Stellantis & Chinese firm CATL to invest €4.1bn in battery plant in Zaragoza, Spain
Car giant Stellantis and Chinese electric battery manufacturer CATL announced on Tuesday that they are going to build a major battery factory in Zaragoza, in...
