Inflation falls in Spain in May, but remains stubbornly high for foodstuffs
INFLATION in Spain fell to 3.2% in May according to the country’s National Statistics Institute (INE), but the rate for foodstuffs remains stubbornly high at
Spain’s government to keep VAT reduction on essential foodstuffs in place
SPAIN’S economic affairs minister announced on Monday that the government would keep in place a current VAT reduction on essential foodstuffs, until prices have fallen
No slap needed: Australian airline Qantas describes new dress code as ‘fit for our times’
Flight attendants of a major Australian airline will no longer need to wear high heels or make-up. Qantas airline, which has flight connections with a
Elon Musk’s Tesla revealed as car maker interested in opening factory in Spain’s Valencia area
DISCUSSIONS are said to be an ‘advanced stage’ for Elon Musk’s electric car manufacturer Tesla to open a factory in the Valencia area. Both the
Multinational car manufacturer could seal massive deal for project in Spain’s Valencia area
TALKS are said to be an ‘advanced stage’ for an international car manufacturer to launch a project in the metropolitan area of Valencia. Reports from
Spain’s largest chain of beauty and perfume stores created by ‘friendly’ merger
BEAUTY AND PERFUME stores Druni and Arenal have announced an €870 million merger with both brands retained and no job losses expected. Druni is based
Spain’s soaring industrial output hit by unexpected slump in April, new data shows
SPAIN’S economic good times hit another bump in the road after preliminary data revealed an unexpected decline in the country’s industrial production for the month
Retailer Carrefour in Spain steps up solar panel installations at its stores
RETAILER Carrefour says it its planning to install 330,000 square metres of solar panels at 130 of its stores in Spain. Some 30 hypermarkets and
LEGAL EAGLE: More rights for tenants as new rules come into force for rentals in Spain
NEW rental laws have come into force, giving even more rights to tenants with the aim of adapting to our current economic climate.The recent changes
Full MARXA: MARXA Chiringuito holds its tasty inauguration party at SO/Sotogrande Spa & Golf Resort
GIANT brochettes of beef, wild turbot and exquisite canapes marked the opening of one of the most exciting new restaurants in Sotogrande for years. Hundreds
Bendinat Veterinary Clinic celebrates its 20th anniversary
A GREAT party to celebrate Bendinat Veterinary Clinic’s 20th anniversary took place last weekend. Located in Calvia, near Palma, it was established in 2003 by
Ikea reinforces logistics in Spain’s Antequera with a €60 million investment
THE Swedish furniture and home decoration multinational, Ikea, is set to invest €60 million in its logistics centre in Antequera over the next 18 months.
Bouncing back: Spain’s tourism sector breaks 2019 records for hotel stays
WITH COVID-19 restrictions now a distant memory, the tourism sector in Spain is enjoying a bumper 2023. According to figures from the National Statistics Institute
Costa Blanca start-up company in Spain creates world’s first bottle that purifies water with ozone
AN ALICANTE start-up company with a mix of scientists and entrepreneurs has created Ozeanic, the world’s first drinking bottle that purifies water with ozone. The
Ryanair asks tourists to pay an extra €45 to take their ensaimadas to the plane in Mallorca
RYANAIR told two tourists they needed to pay €45 for taking a box of Mallorca’s famous ensaimada inside the plane at Palma Airport. The airline
Mallorca Economic Forum frets about dangers of AI to society and democracy
THE Palau de Congressos de Palma hosted the seventh Economic Forum this week. A number of tech experts held forth on the challenges posed by
Spanish state received €300 million over 10 years from ‘forgotten’ bank accounts
THE SPANISH state has received around €300 million over a 10-year period from bank accounts or other assets such as shares that have been forgotten
Four Seasons finally comes to Costa del Sol
THE construction of a brand new Four Seasons hotel on the Costa del Sol is edging closer. The start of the project in Marbella is
Meta’s planned data centre for Toledo town will require ‘660 million litres of water a year’
A PLANNED data centre that will serve Facebook and Instagram owner Meta is due to be built in the Toledo municipality of Talavera de la
Catalan Government to expropriate 70 flats and transformed them into social housing
THE CATALAN Government has announced the expropriation of 70 empty flats belonging to large property owners. These apartments will be converted to social housing in
Spanish supermarkets are NOT profiteering at the expense of households in Spain, according to new government report
THE debate on whether supermarkets in Spain are profiteering took a new turn after a government report blamed the problem on factors beyond Spanish borders.
Cost of living in Spain draws in British golfers
Spain’s low cost of living, compared with the UK, is attracting both holidaymakers and fulltime residents, according to leading Spanish home builder Taylor Wimpey España.
Endesa announces huge first quarter profits even after paying ‘unjustified’ windfall tax
SPANISH energy company Endesa has announced a remarkable 76% surge in net profit for the first quarter of the year, defying the effects of Spain’s
Calling all Spanish tax residents! It’s time to declare.
THE filing period for personal income tax for 2022 started in April and will last until June 30. The obligation to declare is for tax
Wages to increase by 4% in Spain this year
The Spanish Confederation of Business Organisations (CEOE) and working unions have agreed to increase workers’ wages by 4% this year. Both sides have reached the
Golden Visa to survive in Spain but investment threshold likely to rise to €1 million
SPAIN’S golden visa, long under threat from abolitionists, might yet live on but in a more restricted form. Introduced in 2013 in the wake of