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...
Employment
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,...
Brussels confirms Spain as EU’s economic engine, lifting growth forecast to 2.9% this year
The European Commission issued its revised autumn outlook on Monday, lifting its expectations for Spain’s economic performance to 2.9% growth in 2025 and 2.3% the...
Spain’s population reaches all-time high of 49.4 million, driven by immigration
Spain’s population rose by 105,488 people in the third quarter of 2025, reaching 49.44 million residents as of 1 October, according to the latest figures...
Spain’s IBEX 35 hits all-time high, surpassing 2007 peak
Spain’s blue-chip index IBEX 35 on Tuesday hit a new record high, surpassing its previous peak in November 2007, closing a year in which it...
Spain’s unemployment rate rises slightly, even as number of people employed hits new record
Spain’s unemployment rate rose to 10.45% in the third quarter of 2025, even as the number of people with jobs rose to a new record,...
Spanish government backtracks on highly criticised self-employment contributions overhaul
After a backlash from employers, trade unions and several parliamentary groups, Spain’s Minister for Inclusion, Social Security and Migration, Elma Saiz (main image), has bowed...
