Business & Finance News - The Olive Press Spanish Newspaper

Famous hotel in Ibiza sells for a record €200million following months of negotiation

Spain had the most hotel investments in Europe in 2024: Experts say focus will move to ‘second’ cities that are less saturated by tourists

SPAIN has cemented its position as Europe’s hottest hotel investment market as €3.3 billion poured into the sector during 2024, although down from 2023’s €4

18 Feb, 2025 @ 16:00

Business & Finance·Lead·Travel News

US tourists are spending more in Spain and their numbers will rise, according to Forbes magazine

SPAIN welcomed a record number of foreign tourists last year- 94 million- with figures suggesting that US visitors spent more than ever- according to Forbes

6 Feb, 2025 @ 15:00

Business & Finance·Lead·National News

Spain plans to reduce working week to 37.5 hours: Government says it will ‘modernise’ the country

SPAIN has approved a plan to reduce the standard working week to 37.5 hours for private sector workers – making it one of the shortest

5 Feb, 2025 @ 14:00

Business & Finance·Lead·Other News

‘How much cash can I withdraw in Spain without raising alarms with the tax authorities?’

SPAIN’S Tax Agency has a system in place to monitor large movements of money via banks to prevent tax fraud and money laundering. Fines are

4 Feb, 2025 @ 15:00

Business & Finance·Lead·National News

Hospitality marketing agency to boost Spanish businesses

When it comes to standing out online, connecting with potential guests and boosting sales, travel brands now require the support of a specialist hospitality marketing

31 Jan, 2025 @ 16:06

Business & Finance

Exclusive: Pret A Manger is coming to Malaga airport as part of Spain-wide expansion

MALAGA airport will soon be home to a Pret A Manger, the Olive Press can reveal. The British cafeteria chain, which pulled in over €1billion

30 Jan, 2025 @ 11:25

Business & Finance·Food & Drink·Lead·Malaga

Why Spain’s economy will ‘keep on shining’ in 2025, according to experts at Oxford Economics

Spain basks in impressive economic growth during 2024- easily beating eurozone countries

SPAIN’S economy grew by 3.2% in 2024- much higher than other eurozone countries- according to preliminary figures published by the National Statistics Institute on Wednesday.

29 Jan, 2025 @ 14:00

Business & Finance·Lead·National News

UK chancellor Rachel Reeves says she's happy to look into joining new European tariff-free trade area

UK Chancellor Rachel Reeves: ‘We’re happy to look into joining new European tariff-free trade area’

UK chancellor Rachel Reeves has said that she is happy for Britain to look at joining a new European tariff-free trade zone. Reeves told broadcasters

27 Jan, 2025 @ 09:54

Brexit·Business & Finance·Lead

Study reveals most Spaniards want shorter work days

A STUDY has revealed most Spaniards want to see the work day shortened, according to Instituto DyM.

26 Jan, 2025 @ 10:00

Business & Finance·Lead

Marbella tourism campaign features American actress Eva Longoria

EVA Longoria has become the star of an advertising campaign promoting Marbella at Madrid’s international tourism fair (Fitur). In the promotional video, the American actress

25 Jan, 2025 @ 15:00

Business & Finance·Lead·Marbella·Travel News

A beer economy: Heineken claims to have contributed €5 billion to Spain’s booming GDP figures

DUTCH beer giant Heineken claims to have pumped nearly €5 billion into the Spanish economy last year – equivalent to 0.3% of Spain’s entire GDP.

25 Jan, 2025 @ 14:00

Business & Finance·Lead

Greek hotel chain looking for 200 new employees in Spain

HOTEL chain Ikos is looking for 200 new employees to work the high season at their Costa del Sol, Mallorca and Greek locations. They will

24 Jan, 2025 @ 18:00

Business & Finance·Lead·Malaga·Mallorca

Goodbye British products? Brexit deal will ‘force Gibraltar to slap EU tariffs on Bisto, Bovril and other imports from the UK’

THE likelihood that Gibraltar will need to align with EU regulations as part of a post-Brexit deal is sparking concerns that it could spell the

24 Jan, 2025 @ 15:00

Business & Finance·Gibraltar·Lead

NOWHERE TO HIDE: Spanish PM Pedro Sanchez wants to end online anonymity and put Zuckerberg and Musk in the firing line

SPANISH PM Pedro Sanchez has launched a blistering attack on social media. Speaking at the Davos summit, the leader of the PSOE socialist party demanded

24 Jan, 2025 @ 11:51

Business & Finance·Lead

Spain is bidding to build Britain’s groundbreaking €20bn nuclear fusion plant

SPANISH construction heavyweight Ferrovial has emerged as a frontrunner in the race to build Britain’s groundbreaking €20 billion nuclear fusion plant in Nottingham. The infrastructure

17 Jan, 2025 @ 19:30

Business & Finance·Lead·Technology

Shell announces plans to shutter its Madrid office just months after buying it: Staff will be sent to Singapore, Dubai or London

BRITISH energy giant Shell is set to close its Madrid gas trading hub and relocate dozens of workers out of Spain just months after it

16 Jan, 2025 @ 08:00

Business & Finance·Lead·Madrid

Snookered!: The employers’ scam that could leave you without a pension in Spain

We all know that 147 is the magic number if you’re Ronnie O’Sullivan, playing at the Sheffield Octagon: but sometimes the maths works against us.

7 Jan, 2025 @ 12:27

Business & Finance·Lead·Opinion

Spain will raise its retirement age this week

Spain’s €50bn pension timebomb: Payments surge ahead of mass retirement of the baby boomer generation

PENSIONERS in Spain have seen their retirement benefits surge by a third since 2018 – dramatically outpacing wage growth across the nation. New data released

7 Jan, 2025 @ 10:05

Business & Finance·Lead

The Spanish economy caps off a remarkable 2024 by being responsible for 40% of all GDP growth in the eurozone

SPAIN is set to account for 40% of all economic growth in the eurozone after a near-miraculous 2024 that has left traditional heavyweights Germany and

6 Jan, 2025 @ 17:30

Business & Finance·Lead

The investment advisor in Spain who makes house calls

Peter Dougherty of BISSAN Wealth Management is known as ‘the financial planner for Americans in Spain’. Maybe one day he might be called ‘the Doctor

2 Jan, 2025 @ 14:09

Business & Finance·Other News

Lionel Messi makes millions after stock market debut of his real estate investment firm in Spain

A REAL estate investment trust owned by former Barcelona footballer Lionel Messi made its debut on Spain’s stock markets on Monday at €57.40 per share,

31 Dec, 2024 @ 16:00

Business & Finance·Catalunya·Lead

Know your contracts: Jon Pascual Drake explains why in Spain a down payment is not necessarily a home deposit

The reason many people don’t like lawyers is because we really like to split hairs. Calling a spade a spade is far too easy. Sometimes,

20 Dec, 2024 @ 11:46

Business & Finance·Other News·Property·Sponsored

Former British ambassador to Spain joins Iberdrola: Hugh Elliot is named as a director for the Spanish energy giant

HUGH Elliott, the former British Ambassador to Spain, has been appointed as Executive Chairman of Iberdrola Energia Internacional which oversees the Spanish company’s assets in

20 Dec, 2024 @ 11:17

Business & Finance·Lead·National News

Spain to the rescue: Navantia to buy storied British shipyard that built the Titanic and save 1,000 jobs in the UK

SPAIN’S state shipbuilding company Navantia has swooped in to save the iconic British shipyard that built the Titanic in a last minute deal. The acquisition

20 Dec, 2024 @ 09:05

Business & Finance·Lead

The Economist crowns Spain the fastest growing economy in the developed world in 2024 – but has the wealth been spread evenly?

SPAIN has been declared the strongest economy of 2024, topping the OECD rankings for its remarkable economic growth, low unemployment, and controlled inflation, according to

12 Dec, 2024 @ 13:00

Business & Finance·Lead

€4 billion electric car battery factory to be built in Spain- promising to cut costs for vehicle owners

A JOINT venture will see €4.1 billion spent on a new electric car battery factory in Zaragoza with an opening date of late 2026. Stellantis

10 Dec, 2024 @ 12:05

Business & Finance·Lead·National News