Spain Launches New Measures for Transport Sector

Spain's government introduces economic aid for self-employed truckers and highlights attractive deposit options amidst changing interest rates. Advances in investment strategies aim to support the economy and ensure sustainability in the transport sector.


Spain Launches New Measures for Transport Sector

The Treasury has decided to cut the profitability of its issues to lows not seen since 2022 and has placed a total of 6.482 billion euros in bonds for 6 and 12 months. Despite this reduction, the combined demand for both issues has exceeded 10.842 billion euros, demonstrating the interest of investors in Spanish securities. This measure reflects a trend that has led consumers to seek alternative investments. One of these is the 12-month Deposit from Wizink, which offers an APR of 2.40%.

In this context, the Ministry of Transport, Mobility and Urban Agenda has announced a new call for economic aid aimed at self-employed road transporters who decide to withdraw from activity in 2025. These grants amount to 30,000 euros and are targeted at professionals over 63 years old with a public transport authorization that has been in place for at least 10 years, among other requirements.

The purpose of this measure is to promote sustainability and renewal in the road transport sector in Spain. Applications for the aid will be made through the electronic headquarters of the Ministry of Transport, and the deadline will be open until October 20, 2025. For the Government, this initiative also aims to encourage the entry of new professionals and ensure the continuity of a key sector for the Spanish economy.

In addition to this aid, savers in Spain are seeking safe and profitable options to protect their capital in a context of economic uncertainty. Fixed-term deposits are consolidating as attractive alternatives for obtaining guaranteed returns. Some entities such as Pibank and Renault Bank offer deposits with competitive APRs, which is appealing to investors looking for security and profitability in their investments. The analysis by OCU on the most profitable deposits in Spain provides key information for savers in search of secure investment alternatives.