MADRID: The cost of Spain’s high speed railway set to be built in the near future has been calculated at €27,000 million.
To date, the country has already poured €70,000 million into its AVE service, while each kilometre of track costs €11 million to build and €150,000 per year to maintain.
While an El Pais article claims ‘no Spanish AVE line is profitable’, hotel stays appear to have dropped by 8% in cities connected by the service according to the Foro del Transporte.
Europe added roughly 23 GW of new solar power generation capacity in 2019, up 88% year-on-year, according to preliminary calculations...
MADRID: An 83-year-old former Spanish bank chairman was fined 52 million euros ($58 million) on Thursday after being convicted of...
The Spanish airport authority Aena is planning to invest around €1.5 billion in remodeling its Adolfo Suárez Madrid-Barajas facility as...
Spain will press ahead with the creation of a tax on certain digital services as soon as a government is...
