Spain inflation jumps to 3.3% in March as Iran war sends fuel prices higher
Spain’s economy is expected to slow in the coming months as a result of the war in the Middle East, although growth is still projected...
Employment
Confirmed: Spanish economy grew 2.8% in 2025, roughly double eurozone average
Spain’s economy grew by 2.8% in 2025, a rate roughly twice that recorded across the eurozone. Figures released on Thursday by the National Statistics Institute...
UK chancellor in Madrid to sign visa waiver with Spain and strengthen post-Brexit ties
The United Kingdom and Spain have moved to deepen post-Brexit economic ties, agreeing on plans for a new short-stay work visa waiver and closer recognition...
Spain approves 3.1% minimum wage rise to €1,221 per month, over 14 payslips
The Spanish Labour Ministry reached an agreement on Monday with the country’s main trade unions to raise the national minimum wage once again. The 3.1%...
Spain’s unemployment rate drops below 10% for first time since 2008
Spain’s unemployment rate fell by just over half a percentage point to 9.93% by the end of 2025, according to the latest Labour Force Survey...
Spain’s inflation rate eased slightly in December, with 2025 closing at 2.7% average
Spain’s inflation rate eased slightly in December, falling by one tenth of a percentage point to 2.9%, driven mainly by lower fuel prices compared with...
Bank of Spain lifts growth forecast, but household finances remain under pressure
Spain’s central bank on Tuesday upgraded its forecast for economic growth next year, underlining the country’s status as one of the euro zone’s strongest performers...
Telefónica to shed up to 5,500 jobs, over 25% of its workforce in Spain
Telefónica is to cut up to 5,500 jobs in Spain under a voluntary departure plan agreed with trade unions last week, the debt-laden telecoms firm...
Spain pushes back ‘Verifactu’ invoicing system for SMEs and self-employed to 2027
The Spanish government has decided to give small firms and self-employed workers additional time to adjust to the new Treasury-designed invoicing system, Verifactu. Under the...
Telefónica to pursue 5,000 job cuts in Spain, according to union
Spain’s heavily indebted telecoms heavyweight Telefónica is preparing to shed up to 5,040 positions across three of its subsidiaries as part of a sweeping overhaul,...
