Business News & Financial News

In Spain 15th January 2026

14 of 15 Autonomous Communities Reject New Financing Model Agreed Upon by Sánchez and Junqueras

The Minister of Finance, Mª Jesús Montero, met yesterday at the Fiscal and Financial Policy Council with the finance ministers of all autonomous communities—with the exception of the Basque Country and Navarre, which are privileged with an “economic agreement and quota” system (concierto y cupo) similar to what Catalan pro-independence supporters now aspire to achieve—to explain the new financing system agreed upon by the Government and the leader of ERC,…

In Europe 8th January 2026

Eurozone unemployment rate falls slightly to 6.3% in November

CdM | The unemployment rate fell slightly in November in the Eurozone, to 6.3%, one tenth below the previous month’s figure, but one tenth higher than the previous year’s figure, according to Eurostat, the statistical office of the European Union (EU). Across the EU, the unemployment rate stood at 6% in November, stable compared to October and higher than the 5.8% recorded in the same month in 2024. Compared to…

In the World 14th January 2026

US inflation remains at 2.7% and core inflation surprises on upside at 2.6%

Bankinter | December inflation was in line with expectations. Core inflation surprised on the upside. Positive reading. CPI remained at 2.7%, as expected. Core inflation, which excludes the most volatile elements of the indicator (fresh food and energy), surprised on the upside, remaining at 2.6% (versus 2.7% expected). By component, petrol was the item that recorded the largest fall within the indicator (a drop of 3.4% year-on-year), while food (up3.1%)…

“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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