Economy
Foreign nationals living in Spain under the non-lucrative visa scheme, as well as new applicants seeking to relocate to the country, are facing questions over possible changes to the financial requirements for eligibility in 2026. This visa, which is popular among retirees and remote workers, allows......
Ryanair has announced it will suspend all flights to and from Asturias, signaling a strategic shift in its Spanish operations. The move reflects the airline’s broader focus on concentrating resources on high-demand tourist destinations while withdrawing from smaller, less profitable regional airports. A......
The debate over taxing the ultra-wealthy has reignited across Europe as discussions center on addressing national debts through wealth-based taxation. Economist Gabriel Zucman recently proposed a 2% minimum tax on fortunes exceeding €100 million, a measure aimed at replacing France’s former......
In March 2025, Morocco launched an ambitious energy strategy under the Offre Maroc initiative, committing $35.15 billion (MAD 319 billion) to green hydrogen development across its southern provinces. This initiative aims to position the country as a global leader in green hydrogen production, targeting......
If you live in Spain, opening an overseas bank account can offer significant financial benefits, such as holding different currencies and accessing higher savings rates. While maintaining a Spanish bank account is essential for paying bills and taxes, many residents are exploring foreign accounts to......
Ryanair, the budget airline, has dealt a significant blow to Spanish residents and tourists by announcing the cancellation of 36 flight routes connecting Spain with domestic and international destinations by this winter. This decision follows a reduction of 13 routes earlier in 2025, which had already......
The European Commission has formally submitted the EU-Mercosur trade agreement for ratification, signaling a critical step in the world's largest proposed free trade pact. This development comes amidst signs of softening opposition from France, traditionally one of the deal’s most vocal critics.......
As autumn 2025 begins, Spain’s property market continues to be a hot topic, with soaring prices and high demand dominating the landscape. Amid talks of government interventions and affordability concerns, buyers and renters alike face a challenging environment. Property expert Mark Stücklin......
Spain's national rail operator Renfe has announced the discontinuation of its low-cost Avlo services on the Madrid-Zaragoza-Barcelona high-speed line, effective September 8. These will be replaced by its premium Ave trains, while maintaining the same frequencies, schedules, and competitive pricing. Renfe......
Low-cost airline Ryanair is set to announce significant reductions in flights to and from regional airports in Spain this winter, confirming plans to cut an additional one million passenger seats. The move comes amid ongoing tensions with Aena, the Spanish airport network, over fee increases. Sharp......
Morocco continues to dominate as Spain’s primary natural gas importer, solidifying its position in June 2025, according to the latest data from the Corporación de Reservas Estratégicas de Productos Petrolíferos (Cores). Morocco leads natural gas imports from Spain In June,......
Morocco has made a remarkable comeback in its potato export industry during the 2024-2025 season, following five years of declining performance. Between July 2024 and May 2025, the country exported 42,900 tons of consumer potatoes valued at $14.9 million, representing a 5.7-fold increase compared to......
More million-euro properties than low-cost rentals Spain’s housing market is marked by a glaring imbalance, with more luxury homes priced over €1 million than rental properties available for under €1,000. According to data from the property portal Idealista, there are currently 43,707......
