Spain has renewed its call for greater joint debt issuance at the European Union level, arguing that a shared borrowing strategy could significantly reduce financing costs and ease pressure on taxpayers. Spanish Minister of Economy, Trade and Business Carlos Cuerpo made the proposal during a conference......
Spanish Prime Minister Pedro Sánchez is scheduled to visit China from April 11 to April 15, according to official announcements. The trip marks another step in Spain’s efforts to reinforce its relationship with one of the world’s leading economic powers. This will be Sánchez’s......
Finance ministers from Germany, Italy, Spain, Portugal, and Austria have urged the European Commission to introduce an EU-wide windfall tax on energy companies, as fuel prices surge בעקבות geopolitical tensions. In a joint letter dated April 3 and addressed to climate commissioner Wopke Hoekstra,......
The European Central Bank has warned that banks across the euro area must prepare for tighter liquidity conditions as excess reserves decline rapidly. In a blog post published on April 2, the ECB said nearly half of the banking system will soon operate close to minimum reserve comfort levels. Central......
A new analysis has found that solar generation across Europe saved the continent more than €3 billion in fossil fuel import costs during March, as the war in Iran drove sharp increases in oil and gas prices and revived fears of an energy crisis across the bloc. The findings underscore how rapidly......
European government bond markets are facing one of their most severe sell-offs in nearly a decade, driven by surging energy prices linked to the conflict involving Iran. Investors are increasingly pricing in higher interest rates, widening fiscal deficits, and renewed stagflation risks across the region. Yields......
One month into the U.S.-Israeli war against Iran, the economic shockwaves of the conflict are spreading well beyond the Middle East, pressing households and industries across three continents. Iran's effective blockade of the Strait of Hormuz, through which roughly one fifth of global oil and liquefied......
The European Investment Fund has unveiled a 15 billion euro fund of funds, the largest of its kind in Europe, as part of a sweeping initiative to address the continent's persistent shortage of late-stage venture capital. The vehicle, named ETCI 2, will back around 100 growth-stage funds and aims......
The International Monetary Fund has revised down its growth projection for Morocco, now forecasting real GDP expansion of 4.4% in 2026 and 4.5% in 2027, with growth expected to stabilize around 4% over the medium term. The updated figures, released following the IMF Executive Board's 2026 Article......
Spain has announced a major economic support plan worth €5 billion aimed at protecting households and businesses from the fallout of the ongoing conflict involving Iran, Israel and the United States. Prime Minister Pedro Sánchez strongly criticized the war, describing it as illegal under......
European electricity markets are proving more resilient than expected to the Middle East energy crisis, as rapid expansion in wind and solar generation limits the impact of surging gas prices, according to a Bloomberg analysis. Gas prices in Europe have risen by more than 50 percent since late February,......
The government of Spain has approved the release of up to 11.5 million barrels of oil from its strategic reserves in response to ongoing supply disruptions affecting global energy markets. The decision comes amid concerns over reduced oil flows linked to the partial closure of the Strait of Hormuz,......
The long-discussed project to connect Morocco and Spain through a tunnel beneath the Strait of Gibraltar has once again returned to the center of international attention, as new developments suggest renewed political and financial interest in advancing the ambitious infrastructure plan. Spanish authorities......
