⚠️ Housing decree enters into force as rental supply falls
Spain's main housing decree took effect on October 8 after publication in the BOE. It still needs validation by the Diputación Permanente, with the Cortes dissolved ahead of the November 29 elections. Long-term rental listings on Idealista fell 9,2% in Madrid, 7,5% in Valencia and 12,5% in Murcia in six days, according to EsadeEcPol.
New rental tax deduction up to 1.163 euros from 2027
The Government approved a state rental deduction letting tenants recover up to 1.163 euros a year through IRPF from 2027. It applies to rent paid in 2027, not to the 2027 tax return on 2026 income, and is phased out for tax bases above 23.007,20 euros, ending at 33.007,20 euros.
ECB avoids signalling future rate moves after hike
The ECB raised its deposit facility rate by 25 basis points to 2,5% at its September 9-10 meeting but gave no guidance on future rates. It cited the Middle East conflict and an energy shock that has not fully materialised, with August CPI at 3,2%.
Yolanda Díaz pushes for minimum wage rise above inflation
Yolanda Díaz opened the expert commission on the SMI and asked it to recommend a raise that at least offsets inflation, citing CPI running at 4,9% year-on-year. The report is being sought sooner than usual so that the minimum wage could rise before the November 29 elections.
76% of Spaniards back state intervention in housing
A CIS survey of 6.000 interviews found that 76% favour state intervention to guarantee access to housing and 70% support freezing rental prices for two years. It also found that 86% are worried about the housing situation.
Semaf drivers call six strike days at Ouigo
The Semaf train drivers' union called six strike days at Ouigo around the November and December public holidays, including 24-hour stoppages on October 30 and November 2. The action affects high-speed travellers in 15 provinces.
Tagliafico joins Messi in praising Spain's World Cup final display
Argentina defender Nicolás Tagliafico said Spain outplayed Argentina in the World Cup 2026 final and were much the better side. He pointed to physical and mental fatigue on Argentina's part, echoing Lionel Messi's dismissal of conspiracy theories.
Changes to free basic bank accounts in Spain
A new real decreto changes how customers prove they qualify for a free basic payment account if they are in a situation of economic vulnerability or at risk of financial exclusion. Income thresholds remain tied to IPREM, and no family member may own real estate other than the habitual home.
Spain eases path for companies to list on Wall Street
A real decreto published in the BOE lets Spanish companies dual-list on exchanges outside the EU, such as those in New York or London, without moving their headquarters abroad. It would have allowed Ferrovial to keep its registered office in Spain.
Bizum marks 10 years with 310.000 million euros transferred
Bizum turns 10 with 32,5 million users and 40 payments per second in Spain. Around 70% of adults use it, and the average payment between individuals is 55 euros.
Tens of thousands protest across Spain over Maricarmen eviction
Tens of thousands marched in Madrid and other Spanish cities in tribute to Maricarmen, the 87-year-old woman evicted on September 23 who died on Tuesday. In Madrid, 20.000 people gathered, according to the Delegación del Gobierno.
Respiratory infections at epidemic levels for second week
Respiratory infections stayed above the epidemic threshold for a second week, with the rate at 493,8 cases per 100.000 inhabitants. Bronchiolitis is rising among children under five, though hospitalisations remain low at 0,2 per 100.000 thanks to immunisation.