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Spanish economy

Economy

Bank of Spain warns of 750,000-home shortfall nationwide

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Economy

Spain launches €7bn housing plan to tackle rent crisis

Spain's government on Tuesday approved a sweeping plan to alleviate the country's housing problem, one of Prime Minister Pedro Sánchez's main political vulnerabilities ahead of next year's elections.

Business

CATL and Stellantis break ground on Spain’s largest EV battery plant

Europe’s second-largest carmaker Stellantis and Chinese EV battery giant CATL have started construction on a €4.1bn battery factory in northeastern Spain, expected to create 4,000 jobs.

Europeans' Stories

Spain bets on migrants to counter labour shortage and boost growth

While the US government is waging an unprecedented deportation campaign against immigrants, combating irregular migration is one of the European Union’s priorities. Amidst the global rhetoric against undocumented immigrants, Spain stands out as an exception.

Business

Spanish BBVA receives greenlight for Banco Sabadell takeover

Spain's Banco Sabadell has been fighting off unsolicited interest from financial giant Banco Bilbao Vizcaya Argentaria (BBVA) since last year.

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Economy

Growth fades in Europe: Is the recovery already running out of steam?

The eurozone economy barely grew in the second quarter. Germany and Italy contracted, while Spain continued to shine.

Economy

Eurozone growth slows: Spain leads and Germany contracts

Eurozone GDP rose just 0.1% in the second quarter of 2025, down from 0.6% in Q1, as Germany and Italy slipped into contraction. Spain led growth at 0.7%, while France surprised with 0.3% growth.

Economy

Spain’s economy grows 0.7% as it continues to outshine eurozone peers

Household consumption and business investment have driven the quarterly uptick as employment growth remains strong.

Economy

How did Spain overtake Japan in GDP per capita?

Spain’s economy is thriving, driven by a global boost in services, mainly tourism, overtaking the sluggish performance of the Japanese economy in the last decade.

Business

Spain's Santander buys TSB Bank to boost presence in the UK

The Spanish lender is about to become the third-largest bank in the UK by share of personal current accounts, after the deal is closed.

Economy

Eurozone disinflation on track as price pressures ease in Germany

Inflation eased across major eurozone economies in May, with Germany holding at 2.1%, Spain falling to 1.9% and Italy to 1.7%, reinforcing expectations of cooling price pressures ahead of next week’s euro area data.

Business

Inflation in Spain falls to 1.9% in May in line with ECB targets

Inflation falls to 1.9% in May but core inflation remains above 2%. The Consumer Price Index (CPI) reaches its lowest value since last October.

Economy

Eurozone unemployment remains at a historic low despite weak economy

The eurozone labour market showed resilience following the region’s sluggish economic performance in the last quarter of 2024.

Business

Spain: Annual inflation shows a rise as energy costs boost price index

Prices in the EU's fourth-largest economy increased for the fifth consecutive month in February, compared to the previous year.

Economy

Spain's economy remains robust with jobless total lowest for 16+ years

Analysts expect Spain's economy to continue to recover in the coming months, despite being likely to stay vulnerable to the continuing effects of the Valencia floods, and with the possibility of tariffs being imposed on the EU by the US.

Economy

Spanish inflation rate confirmed at 2.8% as fuel costs surge

Increasing transport prices boosted Spain’s December inflation number, with rising culture and recreation prices also contributing to the figure.

Economy

Spain's inflation surpasses forecasts in December as fuel costs surge

Spain's inflation climbed to 2.8% in December, surpassing the 2.6% forecast, propelled by rising fuel prices and increased leisure costs. Core inflation reached 2.6%, signalling persistent pressures, particularly in services.