The slowdown that is beginning to be felt in the Spanish property market is a far cry from the bubble threats looming over other major economic powers, but many hope that this slowdown will be the start of a sharp fall in prices. Unless there is a surprise, the forecasts do not envisage such a scenario and reality does not point in that direction either.House prices in … [Read more...] about New house prices in Spain reach new highs and are almost 13% higher than they were at the beginning of the bubble of 2007.
news from Spain
Spain has started importing milk from France given the shortage of local production
The situation of the dairy sector in Spain is beginning to cause concern. A few months ago, shortly before the summer, different voices were already warning of the possibility of a short-term shortage on the shelves. For the moment, this warning has not yet come to fruition, but the alarm signals are evident and uncertainty is growing every day, apart from the rise in prices, … [Read more...] about Spain has started importing milk from France given the shortage of local production
The price of electricity in Spain soars to 287 euros/MWh on Tuesday, its highest price in two months
The price of electricity continues to rise and climbs on Tuesday to 287 euros/MWh, 7% more than on Monday. This is the highest price since 4 October, two months ago, when it was 289 euros. Moreover, since last Sunday, it has been above the 200 euro barrier for three consecutive days.In the auction, the price of electricity in the wholesale market, the so-called pool, this … [Read more...] about The price of electricity in Spain soars to 287 euros/MWh on Tuesday, its highest price in two months
Spain’s Renfe modifies conditions of free rail travel to prevent misuse
The Ministry of Transport, Mobility and Urban Agenda has modified the conditions of free conventional medium-distance travel passes to prevent the misuse of these tickets. Some users have been reserving a seat on trains with the pass and then not travelling.After detecting irregular use of the tickets, which undermines the effectiveness of measures aimed at encouraging … [Read more...] about Spain’s Renfe modifies conditions of free rail travel to prevent misuse
No update on extension of the 20 cents fuel rebate in Spain.
The Spanish government has still not clarified whether it will extend the 20 cents per litre of fuel aid, which comes to an end on 31 December. The Minister for Territorial Policy and government spokesperson, Isabel Rodríguez, has assured that the government is still analysing the measures to be included in the extension of the economic response plan to the crisis caused by the … [Read more...] about No update on extension of the 20 cents fuel rebate in Spain.