The Impact of Decreased Euribor Rates on Spanish Mortgages

The Impact of Decreased Euribor Rates on Spanish Mortgages

Spanish Mortgage Holders See Relief as Euribor Rates Drop In a surprising turn of events, Spanish mortgage holders are set to benefit from the significant decrease in Euribor rates. The latest data reveals a considerable decline, marking the most significant monthly drop since 2009. This shift is expected to result in a considerable reduction in … Read more

Decrease in Fuel Prices Leads to Savings for Spanish Drivers

Decrease in Fuel Prices Leads to Savings for Spanish Drivers

Fuel prices in Spain have seen a recent decrease, benefiting the pockets of drivers across the country. The cost of gasoline has dropped for four consecutive weeks, while diesel has experienced a third consecutive increase. Despite this fluctuation, both types of fuel are currently more affordable compared to prices a year ago, although they remain … Read more

Spain’s Economy Shows Steady Growth in Latest Quarter

Spain’s Economy Shows Steady Growth in Latest Quarter

Spain’s economy experienced a growth rate of 2.9% year-on-year in the second quarter of 2023, indicating a positive trend in its economic performance. The increase was driven by a boost in external demand, with exports outpacing imports, showcasing a healthy trade balance. While household consumption and public spending saw slight dips in growth rates, investments … Read more