The Minister of Finance, Maria Jesus Montero, has hardened his speech against what he calls the “fiscal dumping” of the Community of Madrid. In an intervention in the Congress of Deputies, Montero has accused the regional government of Isabel Diaz Ayuso to unleash “capital flight” in other autonomous communities and to the Popular Party to […]
Tag: Castile and Leon
Unicaja and Liberbank approve their merger and create the fifth largest bank in Spain: “It will be necessary to adopt labor measures”
The fifth bank of Spain takes shape. The boards of directors of Unicaja Banco and Liberbank gave the green light to the merger of these entities, which will form a single bank with a volume of assets of around 110,000 million euros. During the afternoon, the negotiations of the last few weeks were finally on […]
The Balearic Islands were the most expensive national destination in summer and the fourth least visited by Spanish travelers
The reopening of the borders in summer had very moderate effects in the Balearic Islands compared to the rest of the autonomous communities. The archipelago came out the third quarter of the year being the fourth community by the tail in the percentage of visits by national residents, and that despite the fact that this […]
The Balearic Islands, the Canary Islands, Madrid and Catalonia, the autonomous regions most affected by the crisis, with GDP falls of over 13%
The Savings Banks Foundation (Funcas) foresees that the island regions of Balearic and Canary Islands, the Community of Madrid and Catalonia be the autonomies with biggest drop in GDP in 2020, thus becoming the most affected by the economic crisis derived from the coronavirus pandemic. Specifically, it is estimated that Baleares is the community most […]
Primark will do ERTE in Catalonia, Asturias, Castilla y León and Andalusia
After weeks of negotiating with the unions, Primark, the Irish low-cost fashion chain, has submitted temporary employment regulation files (ERTE) in the communities where the closure of its stores has been decreed within the restrictions approved to stop the second wave of the pandemic. They are Catalonia, Asturias, Castilla Leon and Andalusia. This measure, has […]
The Valencian Community will be one of the fastest growing in 2021 but without recovering pre-Covid levels
The summary of the economic horizon that is looming could well be the following: the regions that in this year of the pandemic have managed to withstand the storm somewhat better will see a weaker recovery in 2021. It is one of the conclusions of the BBVA Research Regional Observatory for the fourth quarter, which […]