economy
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Spain’s Clean Energy Paradox
Spain has done something few countries have: it has decoupled electricity prices from the cost of fossil fuels, so the price of gas or coal no longer sets the market rate. In fact, fossil fuel prices dictated the overall electricity price only 19 % of the time in 2025, compared to 75 % in 2019, according to… Continue reading
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Spain’s triple upgrade
Moody’s and Fitch Follow S&P in Upgrading Spain’s Sovereign Rating Spain has secured rating upgrades from all three major credit agencies, as Moody’s and Fitch have raised their assessments of the country’s debt, following Standard & Poor’s (S&P). Last Friday, Moody’s upgraded Spain from ‘Baa1’ to ‘A3’ with a positive outlook, citing the “strength of… Continue reading