Business News & Financial News

In Spain 4th December 2025

New tourism record: 85.6 million tourists visit Spain in 10M25, average spend of €1,383 Per Person

The Tourist Movement in Borders Survey (FRONTUR), published by the National Institute of Statistics (INE), reported that Spain received 9.2 million international tourists in October, an increase of 3.2% compared to the same month in 2024. The United Kingdom was the main country of residence for tourists arriving in Spain during the analyzed month, with more than 1.8 million tourists and an increase of 2.8% compared to October 2024. Germany…

In Europe 4th December 2025

European Union announces end of Russian gas imports from 2027 onwards

Bankinter | The European Union announces the end of Russian gas imports. A provisional agreement has been reached that will allow for the permanent cessation of liquefied natural gas imports by 31 December 2026, and pipeline imports by 30 September 2027. Finally, it reiterates its commitment to ensuring the elimination of all oil imports by the end of 2027. Bankinter analysis team’s view: This is good news because it represents…

In the World, World economy 3rd December 2025

Global economy to grow 3.2% in 2025 and 2.9% in 2026, before slowing to 3.1% in 2027, according to OECD

Link Securities | According to new macroeconomic estimates published yesterday by the OECD, the global economy will grow by 3.2% in 2025 and 2.9% in 2026, before slowing to 3.1% in 2027. Risks to growth will stem from increased trade barriers. The US economy will grow by 2.0% in 2025, 1.7% in 2026 and 1.9% in 2027, against a backdrop of lower job creation and fiscal adjustment. For its part,…

“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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