Carlos Cuerpo replaces Nadia Calviño as Spain’s Economy Minister
Carlos Cuerpo, who currently heads Spain’s treasury department, is to become the country’s new Economy Minister, Prime Minister Pedro Sánchez announced on Friday. Cuerpo, who...
Inflation
Spain extends some anti-inflation measures, including public transport subsidies, in 2024
Spanish Prime Minister Pedro Sánchez announced on Wednesday that his government will be extending its subsidies and discounts on public transport during 2024, among other measures,...
Inflation in Spain slowed for May, following drop in fuel prices
Inflation in Spain slowed in May due mainly to lower fuel costs, preliminary data showed on Tuesday, possibly boosting the government led by Pedro Sánchez...
Inflation in Spain increases slightly again, based on February data
Consumer prices in Spain rose for a second consecutive month, by 6.1% on an annual basis in February, up from 5.9% in January, according to...
Food prices in Spain have risen more than 15% since January last year
Prices for food and non-alcoholic beverages in Spain rose by 15.4% year on year in January, according to data issued on Wednesday by the National Statistics...
Banco Santander posts record profits of €9.6 billion for 2022, up 18% from 2021
Spanish banking giant Banco Santander reported on Thursday record profits for 2022, as higher interest rates boosted its earnings and offset the costs from soaring...
Spain raises minimum wage by 8% for 2023, making it €15,120 gross a year
The Spanish government announced on Tuesday an 8% rise in the minimum wage for 2023, despite the opposition of employer groups, in a context of high...
Shops across Spain apply VAT reductions on essential foods
Shops and supermarkets across Spain have been quick to apply VAT reductions on essential foods, after the measure was announced by Prime Minister Pedro Sánchez...
Spain announces another €10 billion of state aid to ease inflation pain in 2023
Spanish Prime Minister Pedro Sánchez announced on Tuesday a further €10 billion package of measures to counter inflation in 2023, bringing total such aid to €45...
Spain’s final 12-month inflation down to 8.9%, for period through to September
Spanish consumer prices rose 8.9% year-on-year in September, down from 10.5% in the period through August and slightly below the flash estimate of 9% released...
