The autonomous communities will not discuss or vote on the new regional financing model until next September 4. This is the new date set by the Ministry of Finance to hold the Council of Fiscal and Financial Policy (CPFF) that was scheduled for this Wednesday. The Spanish government has decided to postpone the meeting with the autonomous governments where the reform of the model was to be debated, precisely, after the PP communities have asked for more time to study the proposal, which they have rejected for the moment.

During the review of the political year before the summer holidays, Pedro Sánchez made no mention of anything related to the judicial fronts surrounding the PSOE – he spoke briefly of corruption only when referring to the approval this Tuesday in second reading of the public integrity law–, nor of his personal circle, until it was the journalists' turn to ask questions. Sánchez was asked about the Zapatero case and the explanations of the former Spanish president, but also about the proceedings affecting David Sánchez, his brother, and Begoña Gómez, his wife. And in this latter sense, the head of the Spanish executive did not shy away from addressing it fully.

The Supreme Court continues to apply the amnesty law drop by drop and after many months of waiting. The high court has now applied it to the first minister of the 1-O government: Meritxell Serret, who was convicted by the High Court of Justice of Catalonia (TSJC) to one year of disqualification and a fine of 12,000 euros for her participation in the organization of the October 1st referendum. In 2017, Serret was Minister of Agriculture. Later she was Minister of Foreign Action with the government of Pere Aragonès and, subsequently, she was the Government's delegate in Brussels while she was in exile. She returned to Catalonia in March 2021. “This court has decided that the acts for which she has been accused are declared amnestied,” concludes the Supreme Court's interlocutory order to which ARA has had access. In this way, the former minister is exempted from all criminal responsibilities attributed to her.

The Ministry of Labour wants to protect employees who report possible cases of corruption in the company or institution where they work. Specifically, the ministry led by Yolanda Díaz (Sumar) plans to bring to this Tuesday's cabinet meeting a draft bill that amends the Workers' Statute to declare the dismissal of an employee who has reported a possible case of corruption as a reprisal null and void, according to ministry sources.

The Swedish fashion giant H&M will not be able to search the personal bags or lockers of its employees, as it has been doing until now to check if they had stolen. The National High Court has declared this practice null and void and orders the company to cease carrying it out "immediately".

Pedro Sánchez cannot find support to move forward with the housing measures he announced almost a month ago. After weeks of tug-of-war with the investiture bloc partners, particularly with Junts, the Spanish government has decided to postpone the approval of the new housing decree until after the summer, which, among other things, was to include an extraordinary extension of rents until 2028, as reported by El País and confirmed by the Ministry of Housing.

A procedure that normally had been overcome without much difficulty in Congress has been a headache for the Spanish government for some time. It is the approval of the stability path, the prior step to draw up general state budgets, and which includes the deficit and debt targets, as well as the spending rule for all public administrations. Specifically, what is causing Pedro Sánchez's government a headache is the deficit target set for the autonomous communities, which in the last votes in the Spanish lower house has not prospered because the stability path – which includes the targets for all administrations – has not had enough support: the PP has voted against it, but also Junts.

The covid-19 pandemic blew up part of the economic postulates that had prevailed in Europe since the financial crisis. Thus, for example, member states agreed to approve European funds Next Generation, that just end this August; but there was also consensus on suspending fiscal rules. To both of these was added an element: the European Commission's relaxation of EU rules on state aid. Thanks to this, the Spanish government was able to create in July 2020 the Fund for the Support of the Solvency of Strategic Companies (FASEE, in its Spanish acronym), conceived as a kind of rescue fund and managed by the State Industrial Participations Society (SEPI), an entity dependent on the Ministry of Finance. Six years later, what was the most desired pandemic measure for some companies is experiencing a reputational headache: the shadow of corruption pursues it.

Tourism, both in Catalonia and in the State as a whole, faces another historic summer. The data up to May, on the eve of the start of the high summer season, which officially begins in mid-June, show new records. Between January and May, 7.54 million foreign tourists arrived in Catalonia, 4% more than last year and a historic record. In Spain, 36.8 million international tourists arrived, 5% more than in the same period of 2025.

When the Saudi operator STC entered Telefónica, the telecom company, then chaired by José María Álvarez-Pallete, argued that the "Spanishness" of the shareholding was not lost. It said so because a core group based in the State was maintained with historical shareholders such as Criteria, BBVA itself, and CaixaBank, which sold its stake in 2024. The State Industrial Shareholdings Corporation (SEPI), the Spanish government's investment arm, would later join them, acquiring 10% of Telefónica's share capital. Today, however, this Spanish core has been diluted. CaixaBank's departure two years ago is now joined by BBVA's reduction, which in the last few hours has gone from controlling 5.007% of the share capital to holding only a 1.965% stake, as confirmed by ARA from market sources.

The consortium behind the project for Móra la Nova (Ribera d'Ebre) and San Fernando de Henares (Madrid) to host one of Europe's artificial intelligence (AI) gigafactories boasts unanimity. This Wednesday, Pedro Sánchez's government convened in Moncloa the representatives of who, for now, forms part of the consortium that has sponsored the project's candidacy for its first official family photo. For the Spanish government, the company that has been established for this technological project to become a reality in the State is an example of the "importance" of public-private collaboration, and it takes on even more "relevance" when considering that the companies that make up the consortium, and which hold the majority, are "leaders in their sectors," Moncloa highlighted in a statement.

Family-work balance takes precedence over salary as a factor that workers consider when choosing a job, or at least that is the conclusion of a report by Foment del Treball presented this Wednesday, which analyzes the challenges of the Spanish labor market. Specifically, work-life balance has positioned itself as the "top priority" among those looking for a job or having to choose a job offer to pursue. It is the main criterion (36.2%), ahead of salary (26.8%) and flexible hours or workplace (23.6%), according to the report. And it is a particularly relevant element for workers between 30 and 35 years old, but not for young people who have just entered the labor market: although work-life balance has grown as a criterion, salary continues to gain ground.

The final stretch of the extraordinary regularization process for migrants promoted by the Spanish government is coming to an end with an open judicial front. Given the doubts raised by the Supreme Court about the measure's compatibility with European law, experts consulted by ARA agree that it is unlikely to have immediate effects on the applications submitted. While the legal world points to possible shortcomings in the processing, organizations and groups that have helped migrants with paperwork – often fighting against misinformation and lack of resources and suffering from administrative collapse– are now focusing all their efforts on ensuring that applicants can complete the procedures before the deadline expires this Tuesday.

The Catalan executives Àngel Simón and Josep Maria Recasens made their debut this Tuesday as non-executive chairman of Indra and CEO of the same company, respectively, before their shareholders. The technology and defense company, which aims to be the "champion" of the sector in Spain, held its general shareholders' meeting this Tuesday, the first with these two executives working in tandem at the helm. But also the first meeting after months marked by internal turmoil over the exit of the Escribano brothers from the company – in May they divested 14.3% of Indra's share capital after the possible integration between Indra and their family business, Escribano Mechanical & Engineering (EM&E), failed – as well as the departure of José Vicente de los Mozos, CEO of the company until very recently. in May they divested 14.3% of Indra's share capital after the possible integration between Indra and their family business, Escribano Mechanical & Engineering (EM&E), failed–, as well as the departure of José Vicente de los Mozos, CEO of the company until very recently.

On the day the extraordinary regularization process for migrants in the country concludes, the Spanish government has presented its Integration and Citizenship Plan; a program financed with an initial allocation of 500 million euros annually, aiming to strengthen the inclusion of foreigners arriving in Spain. "Faced with fear, rigorous policy; faced with hatred, humanity," stated the President of the Spanish government, Pedro Sánchez, during the presentation, thus emphasizing the initiative's benefits.

The Supreme Court expresses doubts about the legality of the extraordinary regularization of migrants that the Spanish government has promoted and which ends this Tuesday. In two rulings to which ARA has had access, the high court questions the fit of the decree approved by Pedro Sánchez's executive within European law and gives five days to the parties involved against the process – in this case the government of Aragon and that of the Valencian Community, both from the PP – to pronounce on the suitability of raising a preliminary question to the Court of Justice of the European Union (CJEU), based in Luxembourg.

The day before the extraordinary regularization process for migrants ends, there are still those who submit their documentation. For Al Bilal, a Pakistani man in his forties, it has been "very" difficult to obtain all the papers, especially the criminal records from their country because they had only partially reached them to the point where they had considered completing the procedures without attaching the proof they had requested. Finally, the paper arrived last week, just in time "to avoid surprises," he says. On the contrary, it even includes the registration that is not required. Pending definitive data, the latest official figures from a couple of weeks ago indicated that 900,000 applications have been made, although journalistic reports increased the figures to 1.2 million cases, more than double the half a million predicted by the Spanish government.

The outbreak of war in Iran and the consequent increase in prices, particularly energy prices, led the government of Pedro Sánchez to approve a package of measures to alleviate the economic effects on companies and citizens. Four months after the start of the conflict, inflation has decreased, but not enough to withdraw all measures. Thus, the Spanish executive has decided to keep some of them active for three more months. That is, until September 30. Once approved in the Council of Ministers, they must be validated by Congress.

Economic optimism despite the war in Iran. The Spanish government updated the macroeconomic framework this Monday and forecasts that the economy will grow by 2.6% in 2026 (four tenths more than previously predicted) and by more than 2% in the next three years, i.e., until 2029, as detailed in a press conference by the First Deputy Prime Minister and Minister of Economy, Carlos Cuerpo, after a cabinet meeting where a new package of measures was precisely approved to mitigate the economic impact of the conflict, especially in energy matters.

Antonio Garamendi has done a Florentino Pérez. To the surprise of many, he has brought forward elections for the Spanish employers' association CEOE, which were due to be held at the end of this 2026 and will now take place in September or October. The move, announced this week, is reminiscent of what the president of Real Madrid did in May, when he announced early elections, which resulted in another term for Florentino at the helm of the white club. Will the president of the CEOE have the same luck?