As of the end of 2025, there were 7,500,944 foreigners in Spain with valid residence permits, which is 4.5% more than a year earlier. These figures were published by the Permanent Immigration Observatory (OPI) under Spain’s Ministry of Inclusion, Social Security, and Migration.
Of this number, 3,804,191 individuals held an EU or EFTA citizen registration certificate, 3,497,284 resided in the country with a residence permit under the general migration regime, and another 199,469 people were in Spain on a TIE card under the Brexit agreement for British nationals and their family members.
Among holders of EU registration certificates and related documents, the largest groups were citizens of Romania—1,136,518 people, Italy—514,054, and the United Kingdom—382,474. Together, these three nationalities accounted for 51% of this category of foreigners with residence permits.
In the segment of foreigners with residence permits outside the EU regime, the largest national groups, according to OPI, were citizens of Morocco, Colombia, and Argentina. At the same time, the total number of foreigners in this segment increased by 9% over the year, or by 288,253 people.
Separately, Spain updated its statistics on Ukrainians. According to OPI data, as of December 31, 2025, 338,576 Ukrainian citizens with valid residence permits were living in the country. The figure was published in January 2026 in a special report on Ukrainian citizens.
Thus, Spain continues to host one of the largest populations of foreign nationals with legal residency status in the EU, and Ukrainians remain one of the most prominent national groups within this demographic.
The Norwegian government is tightening its rules regarding refugees from Ukraine: men aged 18 to 60, with some exceptions, will no longer be granted temporary protection in the country; this change will take effect shortly (Relocation).
“Since the fall of 2025, too many people have arrived in Norway, especially young men. Norway has already accepted the largest number of Ukrainians in Scandinavia, and Norwegian municipalities are reporting strain on the service delivery system and a shortage of housing. “That is why we are tightening the restrictions,” said Minister of Justice and Emergency Situations Astrid Hansen. “We also consider it important that as many people as possible remain in Ukraine to join the defense effort and support the functioning of Ukrainian society,” she added.
The change in regulations will mean that men aged 18 to 60 will no longer be covered by the temporary collective protection mechanism, under which temporary residence permits are granted based on a group assessment. Those applying for asylum will have their applications processed in the usual manner.
The government has provided for certain exceptions to these stricter requirements.
“First, they will apply only to new applicants and will not affect those who already have temporary collective protection in Norway. The stricter requirements will also not apply to minors or men over 60 years of age, men who have documented proof of exemption from military service or are clearly unable to perform it, or individuals evacuated under the medevac program. An exception is also made for men who are the sole caregivers for accompanying children or children in Norway. This applies only to the child’s father or another close family member,” the government statement noted.
The Romanian government has approved an emergency decree declaring a state of emergency in the oil and petroleum products market for the period from April 1 to June 30, 2026, and has introduced a package of measures to protect the economy and the population. The key measure involves price controls through restrictions on commercial markups. The maximum aggregate markup across the supply chain for gasoline, diesel, and certain raw materials used in their production is capped at 50%, and penalties ranging from 0.5% to 1% of a company’s annual turnover are imposed for exceeding these limits.
Romanian authorities explain that the emergency measures are being introduced amid rising global oil prices, increased insurance and logistics risks, and the country’s high dependence on imports.
As of March 27, fuel prices in Bucharest were:
gasoline: 9.19–9.23 lei per liter (about 1.85–1.86 euros);
diesel fuel: 10.26–10.36 lei per liter (about 2.06–2.08 euros).
Economist Adrian Negrescu warned that if external pressure persists, prices for premium diesel could rise to 12–13 lei per liter (about 2.4–2.6 euros).
The Amber Dragon Ukraine Infrastructure Fund I SCSp (Luxembourg) may acquire the Cypriot company Banoran Holdings Limited, which owns several Ukrainian companies involved in the Power One distributed energy project. According to information from the Antimonopoly Committee of Ukraine on its website, it granted the fund the relevant approval on Thursday, March 26.
Amber Dragon Ukraine Infrastructure Fund I, managed by Dragon Capital and Amber Fund Management Limited, announced its first project in Ukraine, Power One, at the Ukraine Recovery Conference in Rome in July 2025 (URC2025).
Later, Power One signed a loan agreement with the European Bank for Reconstruction and Development (EBRD) for €22.3 million to build 68 MW of decentralized generation capacity in Zakarpattia Oblast. This initiative also received €3 million in grant funding from the EBRD Crisis Response Special Fund, which is supported by the Norwegian government.
The project involves the installation of three gas piston units (36.8 GVA) and three energy storage systems (31.5 GVA) across six sites. Projects at three sites were scheduled to launch in November 2025, and at the other three in April 2026.
According to information from YouControl, Banoran Holdings currently owns four LLCs: “Power 1,” “Power 1 Center,” “Power 1 Lviv” (all three in Kyiv), and “Power Forest” (Zhytomyr).
In turn, Banoran Holdings is owned by the family trust of Tomas Fiala, the founder and chairman of the investment company Dragon Capital.
The AMCU’s issuance of a permit to Amber Dragon Ukraine Infrastructure Fund I is a step toward fulfilling prior agreements to transfer the project to this fund.
Additionally, it was reported that Power One’s operating partner is the company “Nedzhen,” owned by former head of NPC “Ukrenergo” Volodymyr Kudrytskyi and his colleague Andriy Nemirovskyi.
Amber Dragon Ukraine Infrastructure Fund I has a target volume of 350 million euros. In January of this year, the fund announced its first closing of €200 million, in which the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the International Finance Corporation (IFC) of the World Bank Group, Swedfund, and Impact Fund Denmark participated.
Yevgen Baranov, Managing Director and Head of Infrastructure at Dragon Capital, announced at URC2025 in Rome in July 2025 that over the past year, Dragon Capital and Amber have built a robust portfolio of projects capable of absorbing even more capital than the fund plans to raise.
The fund’s presentation at URC2025 noted that its strategy involves investing in controlling stakes or co-investing with like-minded partners, with an average investment size ranging from €20 million to €50 million.
In December, Baranov clarified that the focus is primarily on energy projects, but also on transportation and digital infrastructure, as the war has created “huge shortages.”
“When we talk about projects ranging from €30 million to €50–70 million, that is the range where we feel most comfortable. And starting in January or February of next year, we will begin investing more actively,” Baranov said late last year.
Dragon Capital is one of Ukraine’s largest investment groups in the field of investment and financial services, providing a full range of investment banking and brokerage services, direct investments, and asset management for institutional, corporate, and private clients. The company was founded in 2000 in Kyiv. According to Fiala, the group’s investment portfolio includes nearly 50 different companies or real estate projects. From 2015 to 2021, the company invested approximately $700 million in Ukraine, excluding reinvestments; in 2025, it invested nearly $100 million and plans to exceed this figure in 2026.
According to Fixygen, it was a volatile and nervous week for the crypto market. Midweek, Bitcoin managed to reclaim the $70,000 mark amid a short-term improvement in global risk sentiment following news of a pause in the potential escalation surrounding Iran; however, by the end of the week, the momentum faded, and the market fell again. As of March 27, Bitcoin was trading around $66,200, and Ethereum around $1,987.
Geopolitics remained the main external driver. At the start of the week, the market rallied following reports of U.S. strikes on Iranian infrastructure: Bitcoin rose above $70,000 and at one point tested the $71,700 range. But then this relief rally began to run out of steam, as the market returned to the fundamental question: how sustainable is the easing of tensions, and will oil prices resume their upward trend?
The second major factor of the week was the U.S. regulatory agenda. Last week, Citigroup lowered its 12-month price targets for Bitcoin and Ethereum, directly linking this to the stalled progress of crypto legislation in the U.S. At the same time, the market reacted negatively to news of a compromise on the Clarity Act, which discusses banning yields on stablecoin balances: against this backdrop, Circle and Coinbase shares fell sharply, and the issue itself reminded the market once again that the “regulatory bull scenario” has not yet materialized.
Technically, the week showed that the $70,000 level for Bitcoin remains more of a battleground than a solid support. A number of market reviews indicated that the return above this mark was not confirmed by strong volume, and by the end of the week, traders’ attention shifted to the major $18.6 billion options expiration. That said, one positive development was the decline in BTC supply on exchanges to a seven-year low, which is typically interpreted as a signal of long-term coin holding rather than immediate selling.
For Ethereum, the week turned out to be weaker than for Bitcoin. ETH participated in the rebound along with the rest of the market, but pressure on it remains stronger: Citi separately noted weak user activity on the network and a more modest set of potential catalysts compared to BTC. Against the backdrop of the current price below $2,000, this makes ether more sensitive to any new deterioration in risk appetite.
If we summarize the week using FIXYGEN’s logic, the picture looks like this: the market remains alive, liquid, and ready for quick rebounds, but so far lacks a single strong driver of its own. It continues to trade as a mix of risk assets and macro hedges, reacting not so much to internal crypto news as to oil, the dollar, the Fed, and headlines from the Middle East.
Here is Fixygen’s short-term forecast for the coming days: – For Bitcoin, the key zone remains the $65,000–$72,000 range. As long as the market stays above the midpoint of this range, the consolidation scenario—with attempts to retest $70,000–$71,000—remains in place. However, if geopolitical tensions escalate again or the dollar continues to strengthen, the market could easily revert to a steeper correction. This conclusion is analytical, based on current prices, market behavior over the past week, and the broader news backdrop.
For Ethereum, the near-term outlook appears more cautious. Without a clear shift in U.S. regulatory policy and without a return to a broader risk-on sentiment, ETH is likely to continue underperforming Bitcoin. In a positive scenario, Ether could quickly return to the zone above $2,000, but in the short term, it remains a more vulnerable asset than BTC. This is also an analytical conclusion based on the current ETH price, weekly dynamics, and Citi’s assessment of weaker fundamental momentum for the network.
The combined profits of China’s large industrial companies in January–February 2026 rose by 15.2% compared to the same period last year—to 1.02 trillion yuan ($147.6 billion), according to a report by the National Bureau of Statistics (NBS). Industrial enterprises with annual revenue exceeding 20 million yuan are considered large.
The growth was the strongest for this period since 2018, notes Trading Economics.
Profits of state-owned companies increased by 5.3% over the first two months of this year, while those of private companies jumped by 37.2%.
Significant profit growth in January-February was recorded in the computer and communications equipment manufacturing segment (3-fold) and ferrous metal production (2.5-fold), as well as in the chemical industry (+35.9%).
By the end of 2025, the profits of large industrial enterprises increased by 0.6%.
