Business News & Financial News

Spanish economy 18th November 2025

Spanish Public Debt Grows at Annual Rate of 4.5% and Hits New Record of €1.71 Trillion

According to preliminary data published by the Bank of Spain (BdE), the outstanding balance of Spanish Public Administrations’ debt stood at €1.710 trillion in September, representing a 4.5% increase year-on-year, while the increase compared to August was 0.1%. The September figure marks a new historical record. The BdE reported that in September, central government debt grew by 4.6% year-on-year, reaching €1.558 trillion, which represents 94% of GDP. For their part,…

European economy, In Europe 14th November 2025

Eurozone Industrial production grows 1.2% year-on-year in September due to dependence on external sector

Bankinter | Industrial production in Eurozone countries grew less than expected in September: 1.2% year-on-year versus 2.1% expected and 1.2% previously (revised from 1.1%). In month-on-month terms, 0.2% versus 0.7% versus a drop of 1.1% (revised from 1.2%). By country, Germany continues to slow down its growth (down 0.8%). Analysis team’s view: Industrial production, which is highly dependent on the foreign sector, continues to be affected by US tariffs and…

In the World 18th November 2025

Current component of NY manufacturing index improves to 18.7 against 10.7 previously

Bankinter | The Empire Manufacturing or New York Fed Manufacturing Activity Index (November) shows a mixed reading, although in expansion territory (>0). The current component improved unexpectedly to 18.7 against 5.8 expected and 10.7 previously, while the six-month outlook worsened to 19.1 against 30.3 previously. Analysis team’s view: This indicator, which surveys 200 executives in the manufacturing sector in New York State, shows less optimism about the economy’s performance, although…

“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…

…in the last week