Volkswagen to rake in almost half of Spain’s EV subsidies
MADRID (Reuters) – Volkswagen’s Spanish subsidiary SEAT will rake in almost half of the nearly 900 million euros ($888 million) in government subsidies allocated for …
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Spain’s banks seek extending lifespan of mortgages for vulnerable households
By Jesús Aguado MADRID (Reuters) – Spanish lenders are open to extending loan repayments for vulnerable households that experience a rise of at least 30% …
Spain’s August industrial output rises 5.5% vs 5.4% in July
(Reuters) – Spain’s seasonally and calendar-adjusted industrial output rose 5.5% year-on-year in August, official data from the country’s National Statistics Institute (INE) showed on Thursday. …
Four bodies recovered, 29 missing from boat rescued off Spain’s Canary Islands
LAS PALMAS, Spain (Reuters) – The bodies of four migrants, who died on the Atlantic Ocean in an inflatable dinghy with 34 people on board, …
Spain’s parliament backs NATO membership for Finland and Sweden
MADRID (Reuters) – Spain’s parliament ratified the entry of Finland and Sweden to the North Atlantic Treaty Organization (NATO) on Thursday, bringing the two Nordic …
Spain’s retailers shun government proposal to freeze basic goods prices
MADRID (Reuters) – Spain’s main supermarket chains rejected on Monday a proposal by the left-wing coalition government to temporarily freeze prices of a basic staple …
Spain’s July industrial output rises 5.3% vs 7% in June
(Reuters) – Spain’s seasonally and calendar-adjusted industrial output rose 5.3% year-on-year in July compared to an increase of 7% in June, official data from the …
Spain’s July industrial output rises 5.3% vs 7% in June
(Reuters) – Spain’s seasonally and calendar-adjusted industrial output rose 5.3% year-on-year in July compared to an increase of 7% in June, official data from the …
Spain’s Abengoa wins dismissal of U.S. shareholder lawsuit alleging fraud
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Tuesday dismissed a lawsuit by Abengoa SA shareholders accusing the Spanish engineering and energy …
Spain’s Jan-June trade deficit widens almost six-fold to 32 billion euros
(Reuters) – Spain’s trade deficit in the first six months of the year widened almost six-fold from the same period a year earlier to 32 …
Spain’s second-quarter GDP growth of 1.1% tops estimates
(Reuters) – Spain’s second-quarter economy expanded 1.1% over the previous three months to top growth estimates on robust overseas demand for the country’s goods and …
Amid clouds on economic horizon, Spain’s jobless rate stays below 3 million mark
(Reuters) – Spain’s jobless number remained below three million for the second month running, falling to 12.48% in the April to June period of 2022 …
Spain’s services activity slows in May, though jobs rise -PMI
MADRID – Activity in Spain’s services sector slowed down in May though companies created jobs at the fastest rate in almost a year as companies’ …
Spain’s April jobless number slips, formal jobs at record high
MADRID – The number of people registering as jobless in Spain fell 2.77%in April to 3.02 million people, the lowest level since July 2019, as …
Spain’s GDP growth slows to 0.3% in Q1 as Madrid readies cut to 2022 outlook
MADRID – Spain’s economy expanded 0.3% in the first quarter from the second, preliminary data showed on Friday, slowing down from 2.2% in the previous …
Spain’s ombudsman to probe alleged cyber spying of Catalan figures
MADRID – Spain’s ombudsman said on Sunday it would investigate the government’s alleged spying of Catalan separatist figures during the height of the region’s bid …
Spain’s banking bailout fund FROB surpasses 50% stake in bad bank Sareb
MADRID – Spain’s state rescue fund FROB has increased its stake in the country’s “bad bank” Sareb to more than 50%, in line with a …
Spain’s jobs market improves as reforms help offset strike, inflation
By Belén Carreño (Reuters) – Spain’s labour market withstood soaring inflation and a crippling truckers’ strike in March to see a drop in unemployment, data …
Spain’s BBVA closes deal with Merlin to buy back 662 branches
MADRID – Spain’s BBVA on Friday said it had bought back 662 branches, which it sold between 2009 and 2010 under a sale and lease …
Tight supply chains, inflation slow Spain’s factory activity in March- PMI
MADRID – Factory activity in Spain grew for a 14th consecutive month in March though at a slower pace because of pressure on supply chains …
Spain’s 2021 budget gap narrows more than expected, further cut seen
MADRID – Spain’s budget deficit narrowed to 6.76% of gross domestic product last year from over 10% in 2020, beating forecasts from international organisations and …
Spain’s truckers strike expands, prompting food shortages
MADRID – Three Spanish truckers unions on Tuesday dismissed a government aid package and joined a spontaneous one-week strike against rising fuel prices that is …
Apollo Infrastructure fund buys 49% stake in Spain’s Primafrio
By Andres Gonzalez and Isla Binnie MADRID – Apollo Infrastructure, a unit of investment firm Apollo Global Management Inc, has agreed to buy a stake …
Spain’s Meroil won’t break ties with Lukoil, confident of no sanctions impact
By Joan Faus BARCELONA – Spanish oil operator Meroil has no plans to sell its 50% stake in a joint venture with Russia’s Lukoil in …
Spain’s Amadeus stays cautiously optimistic about recovery
– Spanish travel booking group Amadeus posted on Friday a second consecutive profitable quarter since the start of the coronavirus pandemic, helped by stronger demand …
Spain’s Rovi raises guidance after 2021 profit jumped 151%
MADRID – Spanish pharmaceutical group Rovi raised its 2022 revenue guidance as it posted a 151% jump in annual net profit on Wednesday, citing strong …