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Striking truck drivers protest over high fuel prices and working conditions in Madrid,

Living

Spanish ruling coalition proposes windfall tax on utilities and banks

The tax will only apply to companies with a turnover of at least 1 billion euros in 2019.Spain

Reuters15/09/2022 15:00

No concerns of a winter energy shortage in the Balearics.

Living

Balearics will not run out of energy this winter

Balearic government making sure the Balearics does not need to depend on foreign energy supplies.

Humphrey Carter13/09/2022 16:28

Latest headlines

Spanish rate of inflation at 10.5 percent in August

Core inflation, which strips out volatile food and energy prices, rose to 6.4% year-on-year, the highest pace since January 1993 and up from 6.1% a month earlier, the INE data showed.

Majorca Daily Bulletin reporter13/09/2022 10:15

Palma

Spain supermarkets reject call to freeze price of basic essentials

With annual inflation clocking 10.3% in August, Spaniards have become increasingly concerned about the cost of living.

Majorca Daily Bulletin reporter12/09/2022 17:29

European Central Bank Vice President Luis de Guindos

Latest headlines

Spanish economy could take $5 bln blow from temporary taxes, think-tank warns

The banking sector expects to lose 35,000 jobs, or around a fifth of its total.

Reuters12/09/2022 16:14