Business News & Financial News

Solar power in Spain to get investments of €70 bn

In Spain 9th April 2026

Renewables arbitration awards threaten Spain at World Cup

The legal battle arising from the withdrawal of renewable energy subsidies is crossing paths with the Spanish national team’s journey to the next FIFA World Cup. Several investors holding favorable arbitration awards have set their sights on the competition—to be held this coming June and July across the United States, Mexico, and Canada—to ramp up pressure on Spain and seek payment of their respective compensations. Creditors have conducted a meticulous…

In Europe 30th March 2026

GfK consumer confidence index in Germany falls sharply in April to -28.0 points, compared to -24.8 in March

Singular Bank | In April, the GfK consumer confidence index in Germany fell significantly to -28.0 points (against -24.8 points in March), exceeding the decline projected by the consensus of analysts (-27.3). This development is explained by rising uncertainty and inflation expectations in the face of surging energy and other commodity prices linked to the conflict in the Middle East. The most notable change was the sharp rise in price…

In the World 8th April 2026

Potential short-term easing in crude oil risk premiums, falling by around 14% to below $100

Norbolsa | US President Donald Trump unexpectedly announced a two-week ceasefire with Iran, shortly before his ultimatum for Tehran to reopen the Strait of Hormuz or face severe attacks on its civilian infrastructure expired. This change in tone follows previous warnings of a sharp escalation, highlighting the high sensitivity of the conflict to political factors and last-minute negotiations. Pakistan’s mediation, led by military chief Asim Muniry and Prime Minister Shehbaz…

“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…

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