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Business/Economy news & information for Spain

Amazon distributors on strike over Prime Day
Economy Mon, Jul 16, 2018

Amazon distributors on strike over Prime Day

A THREE-DAY strike at the Amazon distribution warehouse in Madrid started today (Monday) aimed at coinciding with the online retailer's 'Prime Day' for maximum impact. Workers at the plant in San Fernando de...

BCE rates to remain unchanged until at least summer 2019
Economy Thu, Jun 14, 2018

BCE rates to remain unchanged until at least summer 2019

CENTRAL European Bank (BCE) bosses have opted to keep interest rates at their current level until at least summer 2019, or longer if necessary, as part of their continued strategy to reach inflation objects and promote...

Lidl to scrap all plastic bags by end of year
Economy Thu, May 31, 2018

Lidl to scrap all plastic bags by end of year

SUPERMARKET chain Lidl has announced plans to stop selling plastic carrier bags altogether in its stores – even smaller transparent bags for weigh-your-own loose produce such as fruit and vegetables. The German retail...

Carrier bag charges compulsory from July this year
Economy Sun, May 20, 2018

Carrier bag charges compulsory from July this year

CARRIER bags in all shops in Spain will be charged for from July 1 this year, according to a new Bill of Law, or Royal Decree published this weekend. Supermarkets already charge now for plastic bags – typically two...

Traders will have to accept card payment from €30, according to new law
Economy Sat, May 19, 2018

Traders will have to accept card payment from €30,...

ALL traders in Spain will soon have to offer alternatives to cash payments for customers for purchases over €30, thanks to a new law under construction in Parliament. The legislation responds to a European directive,...

Telepizza takes on the world with Pizza Hut merger
Economy Wed, May 16, 2018

Telepizza takes on the world with Pizza Hut merger

SPANISH fast-food home-delivery chain Telepizza has joined forces with US giant Pizza Hut, making the two together the largest of their type in the world. Founded in 1988 by Cuban immigrant Leopoldo Fernández Pujals...

'Google tax' to help fund pensions from 2019
Economy Sat, Apr 28, 2018

'Google tax' to help fund pensions from 2019

SPAIN'S economy minister Román Escolano is planning extra levies on technology firms – known as a 'Google tax' - to help fund State pensions. Escolano says the tax will come into effect in 2019, but the...

Mercadona opens buying centre in Harrogate, UK
Economy Sat, Apr 21, 2018

Mercadona opens buying centre in Harrogate, UK

SUPERMARKET chain Mercadona has now launched in the UK with a trading office set up in Harrogate, North Yorkshire to handle purchases of fish from the North Sea. Mercadona, founded by Valencia-based businessman Juan...

FMI forecasts greater economic growth for Spain
Economy Tue, Apr 17, 2018

FMI forecasts greater economic growth for Spain

A MORE optimistic outlook for Spain's growth is predicted for this and next year by the International Monetary Fund (FMI) now that it considers the Catalunya political crisis to be over, in terms of its possible...

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