Overall, the price of unsubsidized housing (vivienda libre) in Spain soared by an average of 12.7% last year—4.3 percentage points higher than the increase recorded in 2024 and its largest spike since 2007, when it rose by 9.8%, according to the Housing Price Index. With the 2025 increase, housing prices have now seen 12 consecutive years of growth. The 2025 figure is the highest in the INE (National Statistics Institute)…
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Bankinter | Fitch maintains Portugal’s rating at “A” and upgrades the outlook to positive from stable, pointing to the possibility of a future upgrade if the trajectory of public debt reduction continues. The agency explained that the change in outlook reflects its expectation that the public debt-to-GDP ratio will continue to decline significantly in the coming years, supported by a fiscal policy considered prudent and budget deficits lower than those…
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Link Securities | Reuters reported on Friday that a group of 24 US states have sued the US administration in the first legal challenge to its newly imposed 10% global tariffs. The states argue that President Trump cannot circumvent the Supreme Court (SC) ruling that invalidated most of his previous tariffs on imported goods by citing new legal authority. The Democrat-led states, including New York, California and Oregon, argue that…
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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…
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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…
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