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Business/Economy news and information for Spain

Economy Tue, Dec 12, 2017

Spain's richest residents revealed

INDITEX fashion empire founder Amancio Ortega (pictured) is still the richest person in Spain and his daughter Sandra Ortega is the second-wealthiest, according to the most recent list. Chairman of supermarket chain...

Economy Sun, Nov 26, 2017

No banks or cashpoints in 50% of Spanish villages

HALF of Spain's towns and villages do not have a single bank branch or cashpoint, according to a report by the Independent Force Employment Federation (FINE), the largest financial services union in Spain. In its...

Economy Wed, Nov 22, 2017

Mobile phone calling costs to come down by 40%

MOBILE phone use costs could come down by up to 40% within the next two years, if the National Markets and Competition Commission (CNMC) goes ahead with its current recommendations. Calls would cost as little as 0.64...

Economy Mon, Nov 20, 2017

Barcelona loses EMA bid to Amsterdam

BARCELONA has fallen at the first hurdle in its quest to host the European Medicines Agency (EMA) once it leaves London at the end of March 2019 due to Brexit. European Union leaders voted this afternoon (Monday) on...

Economy Mon, Oct 30, 2017

Economy shows buoyant growth despite Catalunya 'crisis'

SPAIN'S economy continues to grow at above the forecast 3% and its GDP is rising – despite the unsettled political situation in Catalunya, according to the National Institute of Statistics (INE). The year-on-year...

Economy Tue, Oct 24, 2017

Inditex's Pablo Isla wins Best CEO of the Year

INDITEX boss Pablo Isla has been named World's Best CEO in one of two Spaniards in the top 10. The chief executive of Spain's most international clothing chain, which includes the global budget label Zara, has...

Economy Tue, Oct 17, 2017

Mid-season fashion sales on the high street

WELL-KNOWN fashion brands on the high street have announced a mid-season sale to help stimulate sales of their autumn-winter 2017 collections, which are not shifting because of the unusually warm weather for the time of...