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Keywords: Bank of Spain
The Bank of Spain has declared that starting in April, specific €50 banknotes will no longer be accepted as legal tender across the nation. While €50 and €20 notes remain widely used in Spain, this decision affects only those €50 banknotes that exhibit visible signs of tampering......
Remittances from Spain to Morocco have nearly doubled over the past decade, establishing Morocco as the second-largest recipient of funds transferred from the European nation. Recent data from the Bank of Spain, analyzed by The Objective, reveals that in 2023, remittances to Morocco reached €1.375......
When taking out a mortgage in Spain, homebuyers often face a range of hidden costs that can significantly impact their financial plans. Spanish banks are known for incorporating various fees and expenses into mortgage contracts, making it crucial for prospective buyers to thoroughly understand the fine......
From Madrid to Barcelona, Spain’s vibrant economy is evident in bustling restaurants, packed hotels, and a thriving service sector. Recognized by The Economist as the world’s best-performing economy in 2024, Spain’s success is attributed in part to a distinctive migration policy that......
In a strategic move aimed at ensuring a seamless continuation of economic policies, Spanish Prime Minister Pedro Sanchez has announced the appointment of Carlos Cuerpo as the new economy minister. This decision follows the departure of Nadia Calvino, the outgoing minister, who is set to take on the leadership......