Tag Archives: Spain

The United States launched Operation Prosperity Guardian, a multilateral naval operation involving the United Kingdom, Canada, France, Bahrain, Norway, and Spain. Oil tycoon BP has temporarily stopped shipping any crude along the route; rival energy tycoon Shell has not yet responded.Oil PricesAttacks on commercial ships in the Red Sea have …

The Euro is experiencing losses against the US dollar as the European session draws to a close. The EUR/USD pair slides back to the 1.0919 zone, at the time of writing, as the American currency advances further. The USD Index maintains a positive mood past 102.76. Spanish unemployment shrank by …

Data on Tuesday showed that inflation in two of the euro zone’s largest economies rose unexpectedly this month, adding to expectations of a rate hike by the European Central Bank and refuting the view that prices are now rapidly easing. The European Central Bank plans to raise its main interest …

Spain’s inflation rate rose to 10.2% in June on an annual basis, the first time it has exceeded 10% since April 1985, from 8.7% in the previous month, according to preliminary data from the National Institute of Statistics, with the reading coming in higher than expectations of 9 %. Data …

Consumer prices in Spain rose 2.2% in April 2021 compared to last year, this is the largest increase since October 2018 and in line with preliminary estimates. On a monthly basis, consumer prices rose by 1.2%, the largest increase since April 2012, and matched previous estimates. The Harmonized Index of …

Spain’s Health Ministry announced on Monday that it is considering delaying second doses of coronavirus vaccines developed by Pfizer and Moderna, El Mundo newspaper reported on Monday, citing an official document. The proposal is under consideration for under 80-year-olds to maximize the number of people who have received at least …

Spanish Trade Minister Reyes Maroto said the United States should waive its tariffs imposed on European Union because the bloc has complied with all WTO rules regarding aircraft manufacturer Airbus. She added that the Spanish government rejects a US decision to keep the duties in effect on European Union goods. …

Spanish Prime Minister Pedro Sanchez said on Monday that he hopes that EU leaders will agree on a recovery plan in the coming hours.  “Reaching EU agreement will require empathy, dialogue and determination,” Sanchez said. European leaders will resume talks again later at 1400 GMT today, extending the summit in …

Ahead of Friday’s European Union (EU) summit, Italian Economy Minister Roberto Gualtieri reiterated the country’s support for the new recovery fund worth 750B euros. Adding that they will try not to modify the overall amount or the breakdown between grants and loans to try and achieve that goal.As mentioned before, …

The Spanish government plans EUR 1.8 billion ($2 billion) in aid to support transport companies amid the COVID-19 crisis, said the Minister of Transport, Jose Luis Abalos, as cited by Reuters. Renfewill receive EUR 1 billion, private transport companies will get EUR 673 million, while Seipsa is set to obtain …