Govt. scheme to pay firms to trial 4-day week

Companies in Spain with less than 250 employees can apply for a pilot government scheme to adopt a four-day working week with full pay, it was announced on Thursday.


Deposit rates decline in Spanish banks

Banks in Spain have reduced the amount paid to savers on new household deposits at a time when policymakers at the European Central Bank (ECB) are again preparing to hike rates this month.


Iberdrola forecasts 8-10% net profit rise this year

Spain's biggest utility company Iberdrola forecasts net profit to rise by 8% to 10% this year from 2022, it was announced on Wednesday.


Manufacturing activity "continued to suffer" in November

Spain's factory activity contracted in November for the fifth consecutive month amid high inflation and businesses' weakening confidence about the future.


New high-speed train to enter Spanish market

Technical tests are now underway on the railway link between Madrid and Barcelona using Italian high-speed Frecciarossa 1000 trains.

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