Business News & Financial News

In Spain 6th March 2026

AIReF’s swansong: demanding adjustments as public debt—at 100% of GDP—grows at 4.8% annually, doubling GDP growth of 2.8%

Only inflation, which is crushing the purchasing power of Spaniards, has caused the debt-to-GDP ratio to drop to 100.8% of GDP in 2025. This represents a 23.4 percentage point decrease from 2021, when it reached its historic peak. In nominal terms, the volume of public debt reached €1.7 trillion in 2025—though this figure refers only to debt computable for the purposes of the EU’s excessive deficit procedure—after growing by 4.8%…

In Europe 4th March 2026

Eurozone inflation rises to 1.9% in February, but remains below ECB’s target

CdM | Eurozone inflation remains below the European Central Bank (ECB) target despite rising two tenths of a percentage point in February, when the Consumer Price Index (CPI) stood at 1.9%, according to preliminary estimates published by Eurostat, the statistical office of the European Union (EU). The figure exceeds forecasts. Among the main components, services continue to have the highest annual rate in February. Their cost rose by 3.4%, compared…

In the World 6th March 2026

Mixed data in US service indicators: February PMI falls to 10-month low of 51.7 points, ISM rises to 56.1 from 53.8 previously

Link Securities | The US services sector purchasing managers’ index, the services PMI compiled by S&P Global, fell in its final February reading to 51.7 points (a 10-month low) from 52.3 points in January, falling below the 52.3 points in its preliminary reading, which was what FactSet consensus analysts had expected. Any reading above 50 points suggests expansion of activity relative to the previous month, and below that level, contraction….

“We need to approach negotiations with the U.S. on terms that are completely different from those currently being proposed”

Says Antonio Bonet, president of the Club of Spanish Exporters and Investors. He points out that “Europe has a single tariff applied by all member states, but the U.S. applies a tariff to each country, meaning it can decide that the tariff applied to Spanish black olives is higher than that for Italian olives, as it did at one point. So there is a part of the negotiation between Europe…

“Fifteen years ago, the European economy was larger than that of the U.S. Today, the U.S. economy is one and a half times that of Europe”

“It is a shame that we are able to mobilize economic resources for large-scale projects abroad, but not in our Spanish market”

In an interview with Consejeros magazine, Sacyr’s coordinating advisor, Elena Jiménez de Andrade, explains that now “We have great capacity to win projects, a capacity that until now contrasted with a series of financial limitations and balance sheet size. However, in this strategic cycle, we are going to eliminate those barriers. That is why we have set an ambitious goal for 2033: to triple the value of our assets. We…

…in the last week