Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Spain aims to cut Madrid-Barcelona high speed rail time to under two hours, minister says

    Spain aims to cut Madrid-Barcelona high speed rail time to under two hours, minister says

    Published by Global Banking and Finance Review

    Posted on November 17, 2025

    Featured image for article about Headlines

    MADRID (Reuters) -Spain will renovate its high-speed rail network between Madrid and Barcelona to allow trains to reach a maximum speed of 350 kph (218 mph), a velocity so far only achieved in China, its transport minister said on Monday.

    If achieved, the changes would cut travel time between the two cities - a journey taken by roughly 15 million people a year - to under two hours from nearly three hours, Transport Minister Oscar Puente said at an event in Madrid.

    A 2.3-million-euro ($2.7 million) tender will open on Tuesday for feasibility studies on how to hit the new target, with options including improving access to stations in both cities and adding sections of rail to provide more flexibility on the route and allow for bypassing of congested areas.

    The transport ministry said on Monday that a new train design developed by Spain's state-owned rail administrator Adif which improves aerodynamics and reduces damage by increasing the distance between the train and gravel underneath the tracks could also help it hit the new 350 kph target.

    Only Britain and Poland aspire to similar speeds in Europe, with Britain's long-awaited HS2 line connecting London with Birmingham beset by delays and cost overruns since it was approved in 2012.

    Spain has the most high-speed railway lines in the European Union. According to 2023 European Commission statistics, it had around 3,190 km (1,982 miles) of the 8,556 km high-speed lines installed across the region. 

    Since then, Spain has added new lines in the northwestern region of Galicia and southeastern Murcia region, increasing capacity to 4,091 km, according to official data.

    Domestic rail travel in Spain has bounced back to pre-pandemic levels, data from the ministry showed, with the number of travellers using high-speed rail rising from 32.4 million in 2019 to 46.7 million in 2024.

    Puente said he expected renovations would take around three years once construction begins. A spokesperson would not comment on how long the feasibility studies would take.

    ($1 = 0.8618 euros)

    (Reporting by Victoria Waldersee; editing by Charlie Devereux; Editing by Aidan Lewis)

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe