economy - Olive Press News Spain

Trade unions in Spain sign deal with key employer groups for guaranteed wage rise of 10% over three years

A WAGE DEAL amounting to at least 10% rises in pay packets for many workers in Spain has been agreed between major employers associations and

10 May, 2023 @ 18:30

Lead·Madrid·National News

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

10 May, 2023 @ 13:30

Business & Finance·Lead·National News·Politics·Technology

Inflation rises in Spain due to higher electricity prices and tourist-related services

Inflation is what people worry about most in Spain- says survey

THE regular monthly 40dB barometer public opinion survey conducted for the El Pais newspaper and SER radio puts inflation as the biggest concern for people

3 May, 2023 @ 12:25

Lead·National News

Road hauliers desperate for 2,000 extra drivers in Spain's Costa Blanca and Valencia areas

Road hauliers desperate for 2,000 extra lorry drivers in Spain’s Costa Blanca and Valencia areas

A VALENCIAN COMMUNITY road haulage federation says the region is short of 2,000 drivers which is causing serious problems with deliveries. The FVET says the

2 May, 2023 @ 17:15

Castellon·Costa Blanca·Lead·Valencia·Valencian Community

Spain is largest ‘eurozone’ country with biggest ‘real wage’ fall in 2022

SPANISH workers suffered the most of any large Eurozone country as their real wages got hit by high inflation in 2022. The Organisation for Economic

25 Apr, 2023 @ 16:30

Business & Finance·Lead·National News

Percentage of Spaniards at risk of poverty or social exclusion falls two points to 26%

THE PERCENTAGE of Spain’s population that is at risk of poverty or social exclusion fell by nearly two points in 2022 to 26%. That’s according

25 Apr, 2023 @ 15:00

Lead·National News

Spain probing whether electricity companies with cheaper power hiked up prices for French sales

Spain probes electricity companies over hiking up low prices for French buyers

SPAIN is investigating 35 electricity companies over allegedly selling cheap power at hiked prices to French buyers. The probe has been launched by Spain’s competition

24 Apr, 2023 @ 18:30

Business & Finance·Lead

High inflation is stunting growth for Spain’s food sector

HIGH food inflation is stunting the growth of Spain’s food sector according to a report published on Tuesday by the country’s Federation of Food and

18 Apr, 2023 @ 15:45

Lead·National News

Shareholders back controversial move by infrastructure giant Ferrovial to take head office from Spain to the Netherlands

SHAREHOLDERS of infrastructure group Ferrovial voted on Thursday in favour of the company’s controversial plan to move its holding company to the Netherlands. The announcement

13 Apr, 2023 @ 17:06

Business & Finance·Lead·Politics

Mercadona Photo By Carloss Wikipedia Commons

Mercadona to lower the price of 500 products until the end of the year

Mercadona has decided to slash the prices of 500 daily products from this April until the end of the year. The Spanish supermarket giant intends

13 Apr, 2023 @ 10:00

Business & Finance·Food & Drink·Lead

All change? European Commission comes ever closer to scrapping one- and two-euro-cent coins

THE DAYS OF sorting through near-useless one- and two-euro-cent coins among your change could soon be over in Spain and the rest of the eurozone,

11 Apr, 2023 @ 12:45

Business & Finance·Lead·National News

Inflation rate shows marginal fall in December according to latest figures in Spain

Spain’s inflation rate tumbles to lowest figure since 2021

SPAIN’S inflation rate in March clocked in at 3.3% according to preliminary figures from the National Statistics Institute issued on Thursday. That’s down on February’s

30 Mar, 2023 @ 12:02

Lead·National News

Spain ups its growth forecasts for 2024 and 2025 despite devastating DANA floods

Firms in Spain see business volume nearly double in 2022, despite tensions in the economy

SPANISH companies nearly doubled their business volume in 2022 compared to the year before, thanks in large part to the energy sector. This is despite

27 Mar, 2023 @ 20:30

Business & Finance·Lead

Balearic islands set to be region with highest economic growth in Spain this year

The Balearic Islands will be the region with the highest economic growth in Spain this year, according to new research. National bank BBVA made estimates

25 Mar, 2023 @ 18:30

Balearic Islands·Lead·National News

Spain’s economy grew by 5.5% in 2022, surpassing government forecast

SPAIN’S economy grew by 5.5% last year- the same rate as in 2021- according to figures released by the National Statistics Institute(INE) on Friday. The

24 Mar, 2023 @ 13:30

Lead·National News

Bank of Spain forecasts double-digit food inflation to continue for rest of 2023

Bank of Spain forecasts double-digit food inflation rate to continue for rest of 2023

THE Bank of Spain has offered little respite to food shoppers with its prediction on Wednesday that double-digit food inflation will continue for the rest

22 Mar, 2023 @ 18:30

Lead·National News

Spain's King And Prime Minister Attend Stone Laying Ceremony For New Electric Car Battery Factory In Valencia

Spain’s King and Prime Minister herald start of construction of new electric car battery factory in Valencia

VOLKSWAGEN’S electric car battery company PowerCo has started construction on its new plant at Sagunto in Valencia province which will become operational in 2026. The

17 Mar, 2023 @ 15:45

Business & Finance·Lead·Valencia·Valencian Community

Mercadona supermarket chain in Spain reports 5% rise in profits

SPAIN’S market-leading supermarket Mercadona reported a 5% rise in profits last year as consumers had to deal with increased prices. The company made €718 million

14 Mar, 2023 @ 12:59

Business & Finance·Lead·National News

Supermarkets in Spain are on track for a record year after seeing profit margins soar

Food inflation in Spain reaches record levels despite January tax cuts

FOOD and non-alcoholic beverages rose in February by 16.6% over 12 months- 1.2% higher than in January. The food inflation rate, according to the National

14 Mar, 2023 @ 10:50

Lead·National News

Spain’s Andalucia set to sizzle in hottest day of the year, predicted for August 6

Spain’s Andalucia seeks to attract long-haul tourism with cultural and sporting events and improved air connections

ANDALUCIA plans more than 40 actions in 2023 to make headway in distant markets. Southern Spain is committed to offering a host of cultural and

13 Mar, 2023 @ 10:00

Andalucia·Lead·Travel News

Spain's jobless total is lowest for May since 2008

February’s unemployment figures in Spain stay virtually unchanged

THE number of people registering as unemployed in Spain rose by just 0.1% in February compared to a month earlier, according to Labour Ministry figures

2 Mar, 2023 @ 14:24

Lead·National News

ECB boss brings little cheer for people in Spain on variable-rate mortgages

THE president of the European Central Bank(ECB) has offered little respite for over four-million households in Spain that are struggling to pay their variable-rate mortgages.

2 Mar, 2023 @ 13:45

Lead·National News·Property

Spain’s new windfall tax on banks and energy companies could raise more money than predicted

A new windfall tax on excess profits made by banks and energy companies in Spain could net more than the €3 billion forecast for this

21 Feb, 2023 @ 16:00

Business & Finance·Lead·National News

Food inflation remains at over 15% in Spain despite January tax cut

FOOD inflation in Spain stayed at over 15% in January despite an IVA tax cut on some basic products. The National Institute of Statistics(INE) on

15 Feb, 2023 @ 12:45

Lead·National News

Largest number of companies in Spain for 27 years ceased trading in 2022

THE state of the economy in the wake of the Ukraine war and the post-pandemic period contributed to the highest number of Spanish companies folding

12 Feb, 2023 @ 09:30

Business & Finance·Lead·National News

New landmark of 20 million people working in Spain, according to government statistics

Freeze mortgage rates, says Spain’s labour minister after BBVA posts record profits

SPAIN’S deputy prime minister and labour minister, Yolanda Diaz, on Wednesday called on the banking sector to freeze mortgage interest rates and curb its profits

1 Feb, 2023 @ 17:15

Business & Finance·Lead·Politics

economy - Page 4