Business News & Financial News

In Spain 23rd December 2025

Spain’s trade deficit grows by 47% due to a sharp rise in imports

The Spanish trade deficit increased in the first ten months of the year (10M2025) to EUR 45,799.5 million, a 47.6% increase compared to the same period in 2024 (EUR 31,023.1 million), driven by a strong surge in imports. According to trade balance data published this Monday by the Ministry of Economy, Trade and Business, Spanish exports rose by 0.8% between January and October, reaching EUR 324,772.7 million; however, the rebound…

In Europe 23rd December 2025

Eurozone consumer confidence falls to -14.6 points from -14.2 previously, reaching lowest level in three months

Link Securities | According to preliminary estimates for December released by the European Commission (EC), the Eurozone consumer confidence index fell to -14.6 points from -14.2 points in the previous month, reaching its lowest level in three months. Analysts had expected a higher reading of -14.0 points.Germany’s consumer confidence index, compiled by the consulting firm GfK, fell in its preliminary January reading to -26.9 points from -23.4 points in December….

In the World 23rd December 2025

China keeps one-year and five-year rates at 3% and 3.5% for seventh consecutive month

Bankinter | Commercial banks have kept one-year and five-year rates unchanged for the seventh consecutive month at 3.0%, in line with consensus expectations. These rates are used as a benchmark for short-term corporate loans. Five-year rates remain at 3.50%, also in line with estimates. These five-year rates are the benchmark for mortgage loans. The last time cuts were made was in May. Analysis team’s view: The deterioration of the economy…

“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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