Netflix to spend €1 billion to make more made-in-Spain shows

US streaming giant Netflix said on Tuesday it was going to invest more than €1 billion ($1.1 billion) in productions in Spain, which has become one of audiovisual creation hubs in Europe. "Over the next four years we plan to invest over one billion …

What are Socimis and why are they at the heart of Spain's housing debate?

Not many people know what Real Estate Investment Trusts are but they're one of the targets of the Spanish government's planned tax crackdown to alleviate the worsening housing crisis, and foreign investors could be the ones to lose most. In recent …

US tariff turmoil makes Spain's flagship foods seek other markets

Guy HedgecoeBusiness reporter Reporting fromSeville ShareSave Spain's famous jamón ibérico is one of its biggest food exports It's lunchtime in a bar in the southern Spanish city of Seville. The kitchen is humming with activity, and behind the bar …

World News | Spain's Economy Minister Says 'overtourism' Challenges Need to Be Addressed

Madrid, Jun 11 (AP) Spain could receive as many as 100 million tourists this year, according to some projections, which the country's economy minister said poses challenges for the country's residents that the government can no longer afford to …

Spain’s economy minister says ‘overtourism’ challenges need to be addressed

MADRID (AP) — Spain could receive as many as 100 million tourists this year, according to some projections, which the… MADRID (AP) — Spain could receive as many as 100 million tourists this year, according to some projections, which the country’s economy …

Blame game breaks out over blackout in Spain and Portugal

Netflix to invest over US $1 billion in Spain

Netflix will invest over US $1 billion in Spanish audiovisual production. Photo Credit: Venti Views via Unsplash ¡Luces, cámara, acción! Netflix co-CEO Ted Sarandos has announced that Netflix is ready to invest over US $1 billion (1.14 billion, to be exact …

While others tighten borders, Spain gives passports to 288,000 foreigners

This provision will remain in force until October this year. Credit: Justit /Shutterstock.com As Europe grapples with a broad and often divisive debate over immigration, Spain stands out as a rare example of a country reaping the benefits of a more …

Is your car too old? Spain’s new diesel and petrol bans hit 9 million drivers

It’s the beginning of the end for millions of older diesel and petrol vehicles in Spain. Starting now, at least 30 Spanish cities are introducing restrictions or outright bans on cars with diesel engines over 10 years old and petrol vehicles registered …

Spain gradually restoring power after outage on Canaries' La Palma

MADRID (Reuters) -Spain’s grid operator, Redeia, said on Tuesday it was gradually restoring power on La Palma after the Canary island suffered a blackout. The power cut on the archipelago’s third-smallest island was caused by the failure of a generator at …