- 2d ago
Feijóo backs Pablo Hernández de Cos for ECB presidency as Spain heads to a November vote
Alberto Núñez Feijóo, leader of Spain's opposition People's Party, has publicly endorsed former Bank of Spain governor Pablo Hernández de Cos to succeed Christine Lagarde at the European Central Bank, a backing that sits alongside support from the Sánchez government.
- 3d ago
PP's Juan Bravo says pensions will not be cut as row ahead of 29 November vote grows
Juan Bravo said the PP will not cut pensions and that they are non-negotiable, after party remarks on pensions drew fire. Pedro Sánchez promised a CPI-linked decree before year-end, and Carlos Cuerpo said the update would be made.
- 4d ago
IMF sees 3.1% global growth in 2026 as AI investment offsets energy shock
Speaking at the IMF and World Bank annual meetings in Bangkok, the fund says AI spending has kept the world economy afloat, while energy costs, inflation and debt are shrinking room for policy.
- Oct 8
Spain decree lets listed companies dual-list in the US without moving their registered seat
Royal Decree 813/2026 appeared in the Official State Gazette on Thursday, letting Spanish listed companies trade outside the EU while Iberclear keeps the main register. The text is tied to Ferrovial's 2023 move to the Netherlands, a link the securities regulator disputes.
- Oct 6
Von der Leyen resists budget cuts and proposes centralized EU energy purchasing
European Commission President Ursula von der Leyen rejected demands from Germany and five allies for deep cuts to the 2028–2034 budget while announcing a centralized gas-buying mechanism ahead of the mid-October European Council summit.
- Oct 1
Spain requests final €25.9 billion EU recovery payout and presents €120 billion successor plan
Economy Minister Carlos Cuerpo presented the conclusion of Spain's recovery plan in Congress, submitting a final €25,861 million request covering 148 targets while launching the post-2026 España Crece investment vehicle.
- Oct 1
Spain caps regulated gas tariff hikes at 15% and shifts €200 million winter debt to consumers
Spain has capped regulated gas tariff increases at 17.6% for 3.1 million households starting 1 October 2026, requiring consumers to repay the resulting €200 million deficit with 3.22% interest starting in April 2027.
- Sep 30
Felipe VI and Emmanuel Macron urge deeper energy and defence ties at Madrid forum
At the Spain-France Trade and Investment Forum in Madrid, King Felipe VI and French President Emmanuel Macron called for cross-border electrical links, shared defence projects, and single-market reforms.
- Sep 29
Spain extends fuel tax discounts and energy caps through 2026 despite industry pushback
Spain has approved a 12 billion euro energy support decree extending fuel discounts and gas price caps through the end of 2026 as transport, fishing, and agricultural groups demand deeper relief.
- Sep 25
Spain confirms 0.7% GDP growth in Q2 2026 as household spending offsets energy import surge
Spain recorded 0.7% quarterly economic growth and 2.6% annual growth in the second quarter of 2026, driven by domestic consumption and investment despite rising energy import costs.
- Sep 24
ECB board member Isabel Schnabel resigns to join IMF as markets department director
Isabel Schnabel will step down from the European Central Bank Executive Board on 3 January 2027 to become the IMF's financial counsellor and markets director, leaving Frankfurt one year early.
- Sep 21
Spain Net Foreign Investment Falls 40% in H1 2026 as US Disinvestments Surge
Gross foreign investment in Spain rose 31.2% to 12.45 billion euros in the first half of 2026, but a 171% surge in disinvestments pulled net inflows down to 3.41 billion euros.
- Sep 21
Spain launches Plan IA360 to regulate artificial intelligence and calls for October social pact
Spanish Prime Minister Pedro Sánchez presented the 12-month Plan IA360 at the Moncloa Palace, announcing cross-sector talks starting in October to establish regulatory safeguards and support domestic computing infrastructure.
- Aug 13
Spain's inflation hits 3.6% in July as diesel surge triggers automatic tax safeguard
Spain's INE confirmed CPI at 3.6% year-over-year in July, up four tenths from June and one tenth above its preliminary estimate, as fuel and electricity costs pushed inflation to its highest level since May 2024 and triggered an automatic diesel tax safeguard.
- Jul 30
Spain's GDP accelerates to 0.7% in Q2, inflation reaches 3.5% in July
Household consumption and investment drove a 0.7% quarterly expansion, while fuel and electricity costs pushed consumer prices to their highest since May 2024.
- Jul 25
Spain will reactivate financial client authority law in September, overriding bank opposition
Economy Minister Carlos Cuerpo announced the government will resume parliamentary work in September on a stalled bill to create a new consumer financial watchdog, despite renewed rejection from banking associations.
- Jul 25
Spanish working time register reform stalls until September as Yolanda Diaz launches ILO leadership bid
The Spanish government has postponed approval of a new mandatory working time register until September, leaving Labour Minister Yolanda Diaz without a flagship domestic reform just as she begins her international campaign to lead the International Labour Organization.
- Jul 5
Government ignores Bank of Spain's structural housing diagnosis, targets tourist rentals instead
The Bank of Spain's latest report identifies deep supply-side failures in the housing market, but the government has chosen to focus on tourist flats and a disputed 900,000-home figure.
- Jul 1
Spain's tax chief quits after ministry overrules her on Catalan tax plan, inspectors demand no political interference
The director general of Spain's tax authority, Soledad Fernández Doctor, is leaving her post along with two senior directors, triggering an open rift between the tax inspector corps and the government over Catalan fiscal autonomy and institutional independence.
- Jul 1
Spain to publicly name fuel stations exploiting Iran war aid as new discount begins
Starting 1 July, Spain's CNMC will monitor all fuel stations' profit margins and publish those with 'anomalous' pricing that fail to pass on a new per-litre discount linked to the Iran war.
