Business News & Financial News

In Spain 20th November 2025

Transition ministry calls for 7% remuneration for electricity networks, in line with industry demands

Banco Sabadell | According to press reports, the Ministry of Energy Transition, in its report on the CNMC’s proposal for the financial remuneration rate (TRF in its Spanish initials) for electricity networks, considers that the TRF should rise to just over 7% (against the announced 6.58%) due to the introduction of risk in investments. This consideration would be in line with the sector’s demands (7/7.5%), while also pointing out errors…

European economy, In Europe 20th November 2025

ECB says Eurozone current account surplus reaches in September €38.1 billion, compared to €43.5 billion in same month 2024

Link Securities | According to the European Central Bank (ECB), the Eurozone generated a current account surplus of €38.1 billion in September, compared to €43.5 billion in the same month of 2024. This decline was the result of a sharp drop in the primary income surplus, which fell to €800 million from €12 billion in September of the previous year. At the same time, the secondary income deficit increased to…

In the World 19th November 2025

ADP reports weekly job loss in US of 2,500 people in four weeks ending 1 November

Bankinter | On Tuesday, the ADP published an average weekly job loss of 2,500 people in the four weeks ending 1 November. These figures suggest that the labour market lost some momentum at the end of October, although the pace of job losses moderated in early November. Bankinter analysis team’s view: Negative data reflecting a slowdown in the labour market, although slightly improved from 11,250 people (weekly average) in the…

“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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