AGP Executive Report
Last update: 8 hours agoCeuta Migration Fallout: Spain’s political debate over the July Ceuta crisis is heating up again, with the government stressing there’s no proof of Moroccan orchestration and pointing to ongoing repatriations and aid measures as locals protest the use of industrial areas for reception. Budget & Markets: The Ibex 35 slipped back under 20,000 points as oil pushed above $90 amid renewed US-Iran tensions, lifting energy-linked names like Repsol while others lagged. Inflation Watch: Eurostat data put Spain’s annual inflation at 4.5% in August, with energy driving the eurozone acceleration toward 3.3%. SME & Banking: BBVA says it has increased new financing to Spanish companies, SMEs and the self-employed by 3.3% up to June. Food Industry Politics: United Left (IU) is pushing Congress to block Deoleo being taken over by foreign capital, arguing for “strategic” protection of Andalusia’s olive-oil sector. Logistics Upgrade: Panabad opened a near-Barcelona frozen-food logistics center using Mecalux software to improve traceability and distribution efficiency. Tech & Compliance: ThriveCart says it now supports UBL XML e-invoice downloads as Spain prepares B2B e-invoicing rollout from 2027.
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