Business & Finance News - The Olive Press Spanish Newspaper https://www.theolivepress.es/spain-news/category/other-news/business-finance/ Best Expat Newspaper in Spain Thu, 01 May 2025 08:42:18 +0000 en-GB hourly 1 https://www.theolivepress.es/wp-content/uploads/2023/07/oplogo-favicon-150x150.png Business & Finance News - The Olive Press Spanish Newspaper https://www.theolivepress.es/spain-news/category/other-news/business-finance/ 32 32 Bissan Wealth Management in Spain has a unique take on financial management https://www.theolivepress.es/spain-news/2025/05/01/unique-expertise-bissan-wealth-management-in-spain-has-a-unique-take-on-financial-management/ https://www.theolivepress.es/spain-news/2025/05/01/unique-expertise-bissan-wealth-management-in-spain-has-a-unique-take-on-financial-management/#respond Thu, 01 May 2025 08:26:38 +0000 https://www.theolivepress.es/?p=410186 PETER Dougherty isn’t like any other financial planner you’ll meet. That’s not because he has credentials that stand out in a crowd (although his credentials do stand out in a]]> https://www.theolivepress.es/spain-news/2025/05/01/unique-expertise-bissan-wealth-management-in-spain-has-a-unique-take-on-financial-management/feed/ 0 AI, are you trying to replace me?: The (slightly terrifying) truth about our digital overlords https://www.theolivepress.es/spain-news/2025/04/30/ai-are-you-trying-to-replace-me-the-slightly-terrifying-truth-about-our-digital-overlords/ https://www.theolivepress.es/spain-news/2025/04/30/ai-are-you-trying-to-replace-me-the-slightly-terrifying-truth-about-our-digital-overlords/#respond Wed, 30 Apr 2025 11:13:42 +0000 https://www.theolivepress.es/?p=409962 AI started off as a cute little assistant—autocorrecting our typos, suggesting slightly too personal Netflix recommendations, and helping us find the ‘best pizza near me  (which, somehow, is never the]]> https://www.theolivepress.es/spain-news/2025/04/30/ai-are-you-trying-to-replace-me-the-slightly-terrifying-truth-about-our-digital-overlords/feed/ 0 Unemployment rate in Spain rises to 11.4% in largest increase since 2013 https://www.theolivepress.es/spain-news/2025/04/29/unemployment-rate-in-spain-rises-to-11-4-in-largest-increase-since-2013/ https://www.theolivepress.es/spain-news/2025/04/29/unemployment-rate-in-spain-rises-to-11-4-in-largest-increase-since-2013/#respond Tue, 29 Apr 2025 15:45:00 +0000 https://www.theolivepress.es/?p=409825 THE first quarter of 2025 shows bad figures for the Spanish labour market, according to the Labour Force Survey (EPA). Unemployment is growing rapidly, it goes from 2.56 million unemployed]]> https://www.theolivepress.es/spain-news/2025/04/29/unemployment-rate-in-spain-rises-to-11-4-in-largest-increase-since-2013/feed/ 0 WATCH: Spain’s economy minister dazzles America with boasts of world-leading GDP growth – and all in perfect English https://www.theolivepress.es/spain-news/2025/04/25/watch-spains-economy-minister-dazzles-america-with-boasts-of-world-leading-gdp-growth-and-all-in-perfect-english/ https://www.theolivepress.es/spain-news/2025/04/25/watch-spains-economy-minister-dazzles-america-with-boasts-of-world-leading-gdp-growth-and-all-in-perfect-english/#respond Fri, 25 Apr 2025 10:30:00 +0000 https://www.theolivepress.es/?p=408981 AT a time of intense stress for the global economy, at the mercy of the tariff war declared by the United States and the policies of its president, Donald Trump,]]> https://www.theolivepress.es/spain-news/2025/04/25/watch-spains-economy-minister-dazzles-america-with-boasts-of-world-leading-gdp-growth-and-all-in-perfect-english/feed/ 0 More trouble brewing with Trump after Brussels hits US tech giants with massive €700m anti-competition fine https://www.theolivepress.es/spain-news/2025/04/23/more-trouble-brewing-with-trump-after-brussels-slaps-us-tech-giants-with-massive-e700m-anti-competition-fine/ https://www.theolivepress.es/spain-news/2025/04/23/more-trouble-brewing-with-trump-after-brussels-slaps-us-tech-giants-with-massive-e700m-anti-competition-fine/#respond Wed, 23 Apr 2025 14:00:00 +0000 https://www.theolivepress.es/?p=408536 THE European Union has handed out fines totalling €700 million to US tech giants Apple and Meta for breaching digital competition rules. The news is set to further annoy US]]> https://www.theolivepress.es/spain-news/2025/04/23/more-trouble-brewing-with-trump-after-brussels-slaps-us-tech-giants-with-massive-e700m-anti-competition-fine/feed/ 0 Spain’s prime minister Pedro Sanchez looks for friends in Canada and Latin America to help resist Trump’s trade war https://www.theolivepress.es/spain-news/2025/04/21/spains-prime-minister-pedro-sanchez-looks-for-friends-in-canada-and-latin-america-to-help-resist-trumps-trade-war/ https://www.theolivepress.es/spain-news/2025/04/21/spains-prime-minister-pedro-sanchez-looks-for-friends-in-canada-and-latin-america-to-help-resist-trumps-trade-war/#respond Mon, 21 Apr 2025 10:15:00 +0000 https://www.theolivepress.es/?p=407933 SPANISH PM Pedro Sanchez is visiting Canada and Latin America to look for new trade partners, following Trump’s tariffs. After his visits to both China and Vietnam, it seems that]]> https://www.theolivepress.es/spain-news/2025/04/21/spains-prime-minister-pedro-sanchez-looks-for-friends-in-canada-and-latin-america-to-help-resist-trumps-trade-war/feed/ 0 Spain leads Europe with a third of workers overqualified for their job as wages remain stagnant https://www.theolivepress.es/spain-news/2025/04/19/spain-leads-europe-with-a-third-of-workers-overqualified-for-their-job-keeping-wages-stagnant/ https://www.theolivepress.es/spain-news/2025/04/19/spain-leads-europe-with-a-third-of-workers-overqualified-for-their-job-keeping-wages-stagnant/#respond Sat, 19 Apr 2025 08:00:00 +0000 https://www.theolivepress.es/?p=406866 THIRTY-FIVE percent of those employed in Spain are overqualified for their jobs leading to a national ‘brain-waste’ phenomenon. Recent data from Eurostat found Spain had the highest overqualification rate in]]> https://www.theolivepress.es/spain-news/2025/04/19/spain-leads-europe-with-a-third-of-workers-overqualified-for-their-job-keeping-wages-stagnant/feed/ 0 IMF predicts a downward trend in the global economy, while the ECB cuts interest rates for the sixth consecutive time https://www.theolivepress.es/spain-news/2025/04/18/imf-predicts-a-downward-trend-in-the-global-economy-while-the-ecb-cuts-interest-rates-for-the-sixth-consecutive-time/ https://www.theolivepress.es/spain-news/2025/04/18/imf-predicts-a-downward-trend-in-the-global-economy-while-the-ecb-cuts-interest-rates-for-the-sixth-consecutive-time/#respond Fri, 18 Apr 2025 09:49:41 +0000 https://www.theolivepress.es/?p=407365 FACED with the ongoing trade war between the US and China, the International Monetary Fund (IMF) and dozens of other international institutions have begun bracing for a downward trend in]]> https://www.theolivepress.es/spain-news/2025/04/18/imf-predicts-a-downward-trend-in-the-global-economy-while-the-ecb-cuts-interest-rates-for-the-sixth-consecutive-time/feed/ 0 Spain is pessimistic about housing amid uncertain times in latest consumer confidence survey https://www.theolivepress.es/spain-news/2025/04/14/spain-is-pessimistic-about-housing-amid-uncertain-times-in-latest-consumer-confidence-survey/ https://www.theolivepress.es/spain-news/2025/04/14/spain-is-pessimistic-about-housing-amid-uncertain-times-in-latest-consumer-confidence-survey/#respond Mon, 14 Apr 2025 12:01:40 +0000 https://www.theolivepress.es/?p=406170 A NEW survey has revealed a worrying trend among Spanish consumers: growing pessimism around housing and employment. According to the inaugural Termometro 5D consumer confidence report, compiled by research firm]]> https://www.theolivepress.es/spain-news/2025/04/14/spain-is-pessimistic-about-housing-amid-uncertain-times-in-latest-consumer-confidence-survey/feed/ 0 Meet Starline: The ambitious project to connect Europe with a high-speed train line that functions ‘like a metro’ https://www.theolivepress.es/spain-news/2025/04/14/meet-starline-the-ambitious-project-to-connect-europe-with-a-high-speed-train-line-that-functions-like-a-metro/ https://www.theolivepress.es/spain-news/2025/04/14/meet-starline-the-ambitious-project-to-connect-europe-with-a-high-speed-train-line-that-functions-like-a-metro/#respond Mon, 14 Apr 2025 10:04:37 +0000 https://www.theolivepress.es/?p=406046 A BOLD new proposal could soon transform the way Europeans travel across the continent. Unveiled by Copenhagen-based think tank 21st Europe, Starline is a visionary plan to connect 39 cities]]> https://www.theolivepress.es/spain-news/2025/04/14/meet-starline-the-ambitious-project-to-connect-europe-with-a-high-speed-train-line-that-functions-like-a-metro/feed/ 0 Beckham Law in Spain: The 5 Eligibilty Pathways for Foreign Workers https://www.theolivepress.es/spain-news/2025/04/11/beckham-law-in-spain-the-5-eligibilty-pathways-for-foreign-workers/ https://www.theolivepress.es/spain-news/2025/04/11/beckham-law-in-spain-the-5-eligibilty-pathways-for-foreign-workers/#respond Fri, 11 Apr 2025 12:49:54 +0000 https://www.theolivepress.es/?p=405669 Foreign professionals moving to Spain could be eligible for a flat 24% income tax rate for up to six years – thanks to the Beckham Law. The special tax regime was]]> https://www.theolivepress.es/spain-news/2025/04/11/beckham-law-in-spain-the-5-eligibilty-pathways-for-foreign-workers/feed/ 0 Spain shuts down ‘golden visa’ scheme – what alternative residency pathways remain? https://www.theolivepress.es/spain-news/2025/04/11/spain-shuts-down-golden-visa-scheme-what-alternative-residency-pathways-remain/ https://www.theolivepress.es/spain-news/2025/04/11/spain-shuts-down-golden-visa-scheme-what-alternative-residency-pathways-remain/#respond Fri, 11 Apr 2025 09:56:18 +0000 https://www.theolivepress.es/?p=405540 On 3rd April, Spain officially ended support for its investment visa pathways commonly known as “golden visas”. The golden visa programme allowed non-EU residents to get Spanish residency by making]]> https://www.theolivepress.es/spain-news/2025/04/11/spain-shuts-down-golden-visa-scheme-what-alternative-residency-pathways-remain/feed/ 0 Trump admin warns Spain: Aligning with China like ‘cutting your own throat’ as Pedro Sanchez arrives in Beijing https://www.theolivepress.es/spain-news/2025/04/10/trump-admin-warns-spain-aligning-with-china-like-cutting-your-own-throat-as-pedro-sanchez-arrives-in-beijing/ https://www.theolivepress.es/spain-news/2025/04/10/trump-admin-warns-spain-aligning-with-china-like-cutting-your-own-throat-as-pedro-sanchez-arrives-in-beijing/#respond Thu, 10 Apr 2025 16:15:00 +0000 https://www.theolivepress.es/?p=405391 US TREASURY Secretary Scott Bessent issued a warning with a specific emphasis on Spain that aligning with China would be like ‘cutting one’s throat’. The warning comes in the context]]> https://www.theolivepress.es/spain-news/2025/04/10/trump-admin-warns-spain-aligning-with-china-like-cutting-your-own-throat-as-pedro-sanchez-arrives-in-beijing/feed/ 0 Surging anti-tourism anger and Trump’s tariffs no obstacle: Flights to Spain are expected to keep increasing in 2025 https://www.theolivepress.es/spain-news/2025/04/09/flights-to-spain-are-expected-to-keep-increasing-in-2025-despite-growing-anti-tourism-anger-and-trumps-tariffs/ https://www.theolivepress.es/spain-news/2025/04/09/flights-to-spain-are-expected-to-keep-increasing-in-2025-despite-growing-anti-tourism-anger-and-trumps-tariffs/#respond Wed, 09 Apr 2025 15:31:10 +0000 https://www.theolivepress.es/?p=405186 SPAIN’S airport operator, Aena, is maintaining a forecast of traffic growth for 2025 despite uncertainties in the travel sector. The Spanish air travel sector is projected to grow 3.4% in]]> https://www.theolivepress.es/spain-news/2025/04/09/flights-to-spain-are-expected-to-keep-increasing-in-2025-despite-growing-anti-tourism-anger-and-trumps-tariffs/feed/ 0 Euro ‘cash trap’ warning for British tourists flying to Spain for Easter holidays gets short response from Madrid https://www.theolivepress.es/spain-news/2025/04/09/bank-of-spain-responds-to-euro-cash-trap-warning-for-british-tourists-flying-over-for-the-easter-holidays/ https://www.theolivepress.es/spain-news/2025/04/09/bank-of-spain-responds-to-euro-cash-trap-warning-for-british-tourists-flying-over-for-the-easter-holidays/#respond Wed, 09 Apr 2025 13:30:00 +0000 https://www.theolivepress.es/?p=405065 WARNINGS over a euro ‘cash trap’ has sparked concern among British tourists heading to Spain this year.  Reports state that the Spanish central bank is planning to take €50 notes]]> https://www.theolivepress.es/spain-news/2025/04/09/bank-of-spain-responds-to-euro-cash-trap-warning-for-british-tourists-flying-over-for-the-easter-holidays/feed/ 0 Spain braces for €15bn blow from Trump: Four out of five exports to the US face new tariffs https://www.theolivepress.es/spain-news/2025/04/09/spain-braces-for-impact-as-80-of-exports-to-the-us-face-new-tariffs/ https://www.theolivepress.es/spain-news/2025/04/09/spain-braces-for-impact-as-80-of-exports-to-the-us-face-new-tariffs/#respond Wed, 09 Apr 2025 11:48:16 +0000 https://www.theolivepress.es/?p=404943 AROUND 80% of Spanish exports to the United States are expected to be affected by the new tariffs recently imposed by US President Donald Trump.  The tariffs, part of a]]> https://www.theolivepress.es/spain-news/2025/04/09/spain-braces-for-impact-as-80-of-exports-to-the-us-face-new-tariffs/feed/ 0 Do Spain and the EU really charge 39% tariffs on American imports? The truth behind Trump’s ‘reciprocal’ trade war https://www.theolivepress.es/spain-news/2025/04/07/do-spain-and-the-eu-really-charge-39-tariffs-on-american-imports-the-truth-behind-trumps-reciprocal-trade-war/ https://www.theolivepress.es/spain-news/2025/04/07/do-spain-and-the-eu-really-charge-39-tariffs-on-american-imports-the-truth-behind-trumps-reciprocal-trade-war/#comments Mon, 07 Apr 2025 13:00:00 +0000 https://www.theolivepress.es/?p=404603 “THEY charge us 39%, so we’re going to charge them 20% – we’re charging them essentially half,” is what US President Trump said about the trade tariffs he put on]]> https://www.theolivepress.es/spain-news/2025/04/07/do-spain-and-the-eu-really-charge-39-tariffs-on-american-imports-the-truth-behind-trumps-reciprocal-trade-war/feed/ 1 Wine, olives and aerospace: Trump’s tariffs could cost Spain’s Andalucia €2.4bn – which sectors are under threat? https://www.theolivepress.es/spain-news/2025/04/04/wine-olives-and-aerospace-trumps-tariffs-could-cost-spains-andalucia-e2-4bn-which-sectors-are-under-threat/ https://www.theolivepress.es/spain-news/2025/04/04/wine-olives-and-aerospace-trumps-tariffs-could-cost-spains-andalucia-e2-4bn-which-sectors-are-under-threat/#respond Fri, 04 Apr 2025 14:00:00 +0000 https://www.theolivepress.es/?p=404109 TRUMP’s tariffs have rocked the world and set the scene for an impending trade war that experts fear will inflict widespread economic damage – and Andalucia won’t be spared. From]]> https://www.theolivepress.es/spain-news/2025/04/04/wine-olives-and-aerospace-trumps-tariffs-could-cost-spains-andalucia-e2-4bn-which-sectors-are-under-threat/feed/ 0 Spain is threatened by an ‘avalanche’ of cheap Asian imports after Trump’s tariff tornado https://www.theolivepress.es/spain-news/2025/04/04/spain-is-threatened-by-an-avalanche-of-cheap-asian-imports-after-trumps-tariff-tornado/ https://www.theolivepress.es/spain-news/2025/04/04/spain-is-threatened-by-an-avalanche-of-cheap-asian-imports-after-trumps-tariff-tornado/#respond Fri, 04 Apr 2025 10:45:00 +0000 https://www.theolivepress.es/?p=404162 IT’S feared effects of the United States tariffs on Asian countries could reverberate negatively in Spain. Washington announced its new tariffs earlier this week with Asian countries hit particularly hard]]> https://www.theolivepress.es/spain-news/2025/04/04/spain-is-threatened-by-an-avalanche-of-cheap-asian-imports-after-trumps-tariff-tornado/feed/ 0 Spain brings back electric vehicle subsidies of up to €7,000 in new green drive https://www.theolivepress.es/spain-news/2025/04/03/spain-reinstates-electric-vehicle-subsidies-for-up-to-e7000-for-private-individuals/ https://www.theolivepress.es/spain-news/2025/04/03/spain-reinstates-electric-vehicle-subsidies-for-up-to-e7000-for-private-individuals/#respond Thu, 03 Apr 2025 06:00:00 +0000 https://www.theolivepress.es/?p=403774 The Spanish government has reactivated its EV-subsidy scheme ‘MOVES III’. It has done so retroactively, meaning that the programme restarted at the beginning of 2025. It will run until December]]> https://www.theolivepress.es/spain-news/2025/04/03/spain-reinstates-electric-vehicle-subsidies-for-up-to-e7000-for-private-individuals/feed/ 0