Record-breaking news for homebuyers this month as mortgage rates hit an all-time low, with the latest data showing the euribor at 2.396%, the lowest figure since November 2022. Industry experts are witnessing a significant drop in mortgage rates, making it an ideal time to invest in real estate. Financial analysts are shocked by the rapid … Read more
An economist from the University Autónoma de Madrid expresses deep concern about the political implications of the ongoing Israel-Iran conflict. Rather than focusing on the tit-for-tat attacks and retaliation, the professor is troubled by the potential for a significant political shift in the Middle East. The professor warns that if the political resolve of the … Read more
Eurozone’s Inflation Eases in September Recent data reveals a notable shift in Eurozone’s inflation rate for September, marking a significant decline to 1.8% from the previous month’s 2.2%. This decrease, the lowest since May 2021, suggests a potential trend deviation from the soaring inflation experienced in October 2022. The current figures, below the 2% benchmark … Read more
Market turbulence hits automotive giants as companies such as Stellantis, Aston Martin, Renault Group, Volkswagen, Porsche, and Volvo Car experience a significant drop in stock prices. Stellantis witnessed a 14.01% decline due to revised 2024 profit forecasts, settling at 12.51 euros per share. Meanwhile, Aston Martin’s shares plummeted by 20.11% following the announcement of lower … Read more
An Insight into Energy Costs The anticipated rate for electricity consumption tomorrow is on the surge, as per market data. The cost is expected to reach 87.85 euros per megawatt-hour. This represents a significant 101.8% increase from today’s rate of 43.56 euros/MWh, signaling a substantial change in energy pricing dynamics. Analyze Price Fluctuations Comparing the … Read more
Exciting news for lottery players today as the latest numbers have been revealed for the draw held on the 12th of November, 2024. Check your ticket now to see if you’re a lucky winner in the recent lottery draw organized by the National Lottery Association. – The winning number for the top prize is 82.649, … Read more
The Spanish economy experienced a growth of 0.8% in the second quarter, slightly lower than the previous quarter, reveals recent data from the National Statistics Institute. The growth was primarily driven by domestic demand, contributing 0.7 points, with a minor contribution from external demand (including exports and imports) adding 0.1 points. Household consumption saw a … Read more
Europastry, the renowned Catalan frozen bakery products company, is gearing up for a major transformative move in 2024. Setting a new milestone in its history, the company has officially announced its plans to go public, drawing immense attention from investors and industry enthusiasts alike. Striding confidently towards this strategic leap, Europastry revealed that it aims … Read more
Spanish economy is projected to experience robust growth in 2024 and 2025, surpassing estimates for the Eurozone, as per the latest report by the Organization for Economic Cooperation and Development (OCDE). The revised forecast indicates a GDP expansion of 2.8% for Spain in 2024, exceeding earlier predictions by 0.1%. Additionally, the outlook for 2025 stands … Read more
An innovative breakthrough in the realm of sustainable energy has sparked a wave of change across Europe, heralding a new era of green electricity provision. A momentous partnership has been forged between cutting-edge tech firm SolarisTech and an international consortium, resulting in a monumental acquisition worth over $1 billion. Renowned for their groundbreaking advancements in … Read more