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Business/Economy news and information for Spain

Economy Fri, Sep 8, 2017

Spanish mortgages still low: Euribor to stay at 0%

FEARS of mortgages and loans in Spain getting more expensive this autumn have proven unfounded – the Central European Bank (BCE) has opted to keep interest rates at 0%. This historic low has been in place since March...

Economy Mon, Jul 24, 2017

CAP grants come early for Spanish farmers hit by drought

GRANTS from the European Union have been agreed for Spanish farmers affected by the ongoing drought which has led to huge losses in the sector, which will be paid in mid-October. Commissioner for agriculture Phil Hogan...

Economy Tue, Jun 27, 2017

Cigarette companies under fire for 'price pacts' and...

FOUR cigarette-producing giants could face sanctions for alleged price pacts uncovered by the National Markets and Competition Commission (CNMC). Philip Morris, which manufactures its own-branded cigarettes and also...

Economy Sun, Jun 25, 2017

Early start to sales for El Corte Inglés

EL CORTE Inglés department store has brought forward its summer sales for the first time in history, with prices due to be slashed from this coming Friday (June 30). Although Spanish shops have been allowed, by law, to...