Tag: Spain

2 articles

Spain’s Christmas Lottery: Why a Whole Street Buys the Same Number

Outside a Madrid lottery shop the queue bends around two corners; someone waited four hours just to buy the same set of numbers. Spain’s Christmas lottery is sold by shares, and bars, companies and villages club together on one number — most buyers know the odds are about one in a hundred thousand.

October 9, 2026 About 3 minutes Spain Christmas lottery Probability

Spain Is Arguing: With 40 Years Paid In, Can You Retire Early Without a Penalty?

On 22 September, Spain's Congress voted to take up a proposal: people with 40 years of contributions would no longer have their pension cut for retiring early, and the change would reach back to those already retired. Under current rules the cut runs from 2.81% to 21%. This piece is about "enough," and how two different reckonings answer it.

September 24, 2026 About 4 minutes retirement Spain contributions