Nearly one-third of Spanish SMEs operating at loss
Ángela de Miguel, president of CEPYME (the Spanish Confederation of Small and Medium-Sized Enterprises), has brought a striking figure to the table: nearly one-third of Spanish SMEs are in the red. This was already the case in 2024, and since then, the situation—driven by tax pressure, rising wages, and inflation—has only worsened. The data used by CEPYME to support this claim comes from the Bank of Spain’s Central Balance Sheet…
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