Skip to content
LIVE · DISPATCH 26·180
EUROPAEXPRESS
Developing Update · Europe — Economy: live coverage

World Bank opens new office in Madrid

The World Bank has established a new office in Madrid, a move highlighted by Spain's economy minister as a step towards becoming a hub for multilateral organisations.

By 29 Jun 2026 · 19:30 CET Updated 29 Jun 2026 · 19:30 CET

AI disclosure: Summarised from a single named source by an AI model with editorial rules; links to the original report.

According to Euronews, the World Bank has officially opened a new office in Madrid. The development was presented by Carlos Cuerpo, Spain's first vice-president and economy minister, who indicated that the presence of the institution reinforces the nation's role as a key hub for multilateral organisations.

The inauguration of the Madrid site marks a new point of engagement between the international financial institution and the Spanish government. Further details regarding the specific functions or scale of the new office were not disclosed in the report.

Source: Euronews. Read the original report ↗

Source ledger

  • This brief is based on reporting by Euronews.
    supports: Euronews