Economy
Doubts linger regarding the feasibility of the proposed tunnel between Spain and Morocco. To gather comprehensive data on the viability and costs of this megaproject, new studies have been commissioned to a German firm. The Spanish public company Ineco recently issued a call for tenders for the "feasibility......
European wine and Champagne producers are preparing for significant financial strain due to a looming 200% tariff on their exports to the United States. The threat follows the European Union's 50% tariff on American whiskey, which is set to take effect on April 1 as a retaliatory measure against......
Spain’s second-largest bank, BBVA, has received approval from Morocco's central bank, Bank Al-Maghrib, for the indirect change in control of Banco Sabadell’s operations in the country. This development marks a significant step in BBVA's broader strategy to enhance its presence in......
Spain, a key player in the European mining sector, operates 2,600 mines, generating annual revenues of €3.5 billion ($3.8 billion). As the EU's second-largest producer of copper and magnesite, Spain holds significant yet largely unexplored mineral wealth, according to experts in the field. Geologist......
A recent study from the Carlos III Health Institute in Spain has revealed the detection of five cases of a rare enterovirus in children between 2019 and 2024. This enterovirus, also identified in other European countries, is linked to both respiratory and neurological diseases, prompting calls for heightened......
Morocco has firmly established itself as Spain’s foremost African trading partner, achieving remarkable bilateral trade figures in 2024. Recent data from the Spanish Ministry of Economy, Trade and Enterprise reveals that trade between the two nations surged to €22.7 billion, marking a significant......
As living costs soar across Spain, a new study highlights cities where residents can still save money effectively. The report reveals surprising findings about the most favorable locations for saving, despite the ongoing economic pressures. The rising cost of living, particularly in the housing market,......
Spain's tax agency has unveiled an ambitious new plan aimed at scrutinizing individuals whose visible wealth does not align with their reported income. This initiative is part of the Spanish Tax Agency's (AEAT) Tax Control Plan for 2025, which emphasizes the investigation of taxpayers showing......
Remittances from Spain to Morocco have nearly doubled over the past decade, establishing Morocco as the second-largest recipient of funds transferred from the European nation. Recent data from the Bank of Spain, analyzed by The Objective, reveals that in 2023, remittances to Morocco reached €1.375......
According to official figures released on Monday in Madrid, Moroccans residing in Spain hold the top position among foreign workers affiliated with the social security system. As of the end of February 2025, the total number of Moroccans contributing to Spain's social security reached 350,433, making......
The rental market in Barcelona has experienced a 6.4% decrease in prices one year after the implementation of rent control measures aimed at areas with high demand. Across other regions in Catalonia, where the same measures apply, the reduction stands at 3.7%. Despite these positive results, Sílvia......
In recent months, Spain has found itself in the spotlight as the European Union prepares to take legal action against the country for imposing a discriminatory tax on non-residents. This issue has gained traction since Prime Minister Pedro Sánchez announced plans to address the housing crisis,......
Spain has substantially increased its arms exports to Morocco, with figures soaring by 1,264.77% in 2024 compared to the previous year. The total value of these exports is now €21 million, up from just €1.5 million in 2023, according to an analysis by the Spanish news outlet OKDiario based......
