The group Kutxabank has obtained at the end of the third quarter of 2020 a net profit of 160 million euros. This is 40.1% less than in the same period of 2019, but in the first nine months of the year, the group has allocated to endowments 277.4 million euros, 146 million more than in […]
Tag: business and finance – economics (general)
What are the new restrictions against the coronavirus in Catalonia?
The Catalan Government has approved new measures to stop the transmission of the coronavirus, which is growing at a rate of about 5,000 cases diagnosed daily in the community. After its publication in the Official Gazette of the Generalitat, the following restrictions will last 15 days from this Friday, October 30. Perimeter closure of […]
China prepares for its great leap forward in pursuit of self-reliance
For four days, the most powerful people of the second world power have met in a hotel west of Beijing to decide the future of the country. Although the hermetic inner doors of Chinese politics were closed again. It is not known whether there have been internal disagreements in the debates. And only a few […]
Lights of hope for businesses in Marbella
The horizon has been tinted black for many businesses. The coronavirus pandemic has caused a decline in consumption, boosted by the restrictions adopted to prevent the spread of the disease, which is causing these businesses to look into the abyss of an uncertain future. In this context, imaginative initiatives are essential to sustain the commercial […]
Education, Equality, Defense … These are the Budgets for 2021 item by item
Today the draft law of the General State Budgets for the year 2021 has been presented, those that should promote the economic recovery after the pandemic. This document includes the announced tax increases such as personal income tax on incomes greater than 200,000 euros or the so-called green taxation, with which the Executive estimates that […]
“The future of the planet would have been worse ecologically without the pandemic”
Has the coronavirus opened up opportunities? Is the pandemic going to leave something positive after sweeping the planet with more than a million deaths and sinking the global economy? What role will the ecological transition play in the recovery of the economy? The President of EY Espa , Federico Linares placeholder image, has highlighted this […]
Garamendi believes that the Government Budgets are “unrealistic”
This was stated during the 35th congress of Aecoc, the Association of Manufacturers and Distributors of Mass Consumption, which is held today in Valencia. According to Garamendi, now “is not the time to raise taxes.” “It is a mistake and it goes in the opposite direction to what other countries are doing”, such as France, […]
The governor of the Bank of Spain foresees a decade of “absolutely inevitable” adjustment measures
The Governor of the Bank of Spain, Pablo Hernández de Cos, foresees “a decade” of adjustment measures in Spain to face the structural deficit dragged down and multiplied by the pandemic. During his speech at the Expansión International Economic Forum, Hernández de Cos has identified the sustainability of public accounts as one of the structural […]
The King, facing a “difficult” 2020, asks not to “fall into pessimism”, “join forces” and give “more hope”
 The King Felipe VI has asked this Monday “not to fall into pessimism” in the face of 2020 that is being “a difficult year” for the “immense historical challenge” of the virus for Spain, the EU and the rest of the countries. He has also pointed out that institutions, companies and families demonstrate their […]
Catalonia: bars and restaurants expropriated!
 The media have chosen to talk about closings, but perhaps the word is not the most accurate. The Generalitat of Catalonia has imposed the suspension of the activity of bars and restaurants as a measure to face the second wave of covid-19, for a minimum period of 15 days. This has been accompanied by the […]