Euribor surpasses 3%, hits variable mortgages
The Euribor index reached 3.003% on Friday, passing 3% for the first time since September 2024. The rise from about 2.2% in January stems from inflation driven by the Middle East conflict and higher energy prices. Variable-rate mortgage holders may pay around €76 more per month, or €911 per year, according to Kelisto. The increase hits those with upcoming rate reviews and new borrowers.
Ceuta crisis deepens with 80,000 border entries
About 80,000 people entered through the El Tarajal border on July 30, which the president called a violation of territorial integrity. Thousands remain in Ceuta without adequate response two weeks later. The government says a solution will take time because Morocco is not cooperating on returning minors and asylum processes are slow. The crisis has also strained relations with European partners.
PP questions CERA surge, "ley de nietos" link
The PP has filed 17 questions in the Senate demanding transparency on the CERA electoral census, linking its growth to the "ley de nietos". The overseas voter census now tops 2.7 million, with Madrid adding 114,815 voters, a 30.4% rise since May 2023. The party accuses the government of electoral engineering and wants to know how many new registrations come from the Democratic Memory Law.
Spain rejects Morocco's Ceuta, Melilla claims
Spain's Foreign Ministry sent a diplomatic message to Morocco rejecting its claims on Ceuta and Melilla. The response followed remarks by Morocco's Justice Minister Abdellatif Ouahbi, who claimed a "historical right" over the two cities. Spain insists the cities are part of its territorial integrity and sovereignty, recognized internationally. The ministry also noted that Ceuta and Melilla are EU territory.
Almaraz nuclear plant to run until 2030
The government extended the Almaraz nuclear plant's operation to 2030, with its two reactors now running until June and October 2030 instead of closing in 2027 and 2028. The decision responds to the energy crisis from the war in Iran. The extension could affect closure plans for Ascó I and Cofrentes, but the Ministry of Ecological Transition says the general calendar is unchanged.
Police smash Ceuta migrant smuggling rings
Spanish police arrested five people in two operations against networks smuggling migrants from Ceuta to the mainland. The groups used small boats and charged up to €9,000 per person. One operation involved arrests in Ceuta and La Línea de la Concepción in Cádiz.
500 vulnerable girls to leave Ceuta in weeks
The government expects to start transferring 500 vulnerable girls from Ceuta to the mainland within "a few weeks", according to Secretary of State Rubén Pérez Correa. No formal proposal has yet been sent to the Ceuta executive, as requested by President Juan Manuel Vivas. The plan is part of the response to the Ceuta migrant crisis.
Barcelona braces for far-right rally, counter-protests
The far-right group Save Europe Act will hold its first major rally in Spain at Barcelona's Sant Jaume Square on Saturday. The group, led by Austrian activist Martin Sellner and Dutch national Eva Vlaardingerbroek, advocates "mass remigration". Counter-protests are scheduled an hour before at the same location, and Mossos d'Esquadra will increase security. The Generalitat will report hate speech to the prosecutor's office.
Spain's non-EU olive oil imports surge 84%
Spanish imports of olive oil from non-EU countries rose 83.9% in the first five months of the year, reaching 73,400 tonnes. Total imports of oils and fats increased 23.6% in value to €3,077 million in the first half of 2026, while exports fell 6.5% to €3,608 million. The industry links the surge to lower-than-expected Spanish production.
Electricity price falls below €100/MWh Saturday
The average wholesale electricity price will fall to €94.57 per MWh on Saturday, the first time below €100 in 12 days and down 17.03% from Friday's €113.98. Hourly prices will range from zero or negative between 11:00 and 17:00 to a peak of €172.59 between 21:00 and 22:00. Year-on-year, the price is still 76.40% higher than the €53.61 on August 22, 2025.
Health experts: no Ceuta epidemics, urge reinforcements
Public health experts say there is no generalized epidemic in Ceuta, but they urge reinforced health resources and vigilance. The Spanish Society of Public Health (Sespas) rejects any link between migration and disease, noting risks arise from poor conditions. Reported cases include gastrointestinal and dermatological issues, scabies, and some tuberculosis, but no outbreak.
Segorbe forest fire forces 1,000 evacuations
A forest fire in Segorbe, Castellón, has forced about 1,000 people to evacuate from Gátova and burned 423 hectares, partly in Sierra Calderona. The fire started Thursday from a lightning strike. Around 30 people are sheltered in a sports center in Bétera, and 11 minors and 14 dependent people were relocated.
🛒 Mercadona is closed tomorrow — stock up your fridge!