The First Vice President of the Government and Minister of the Presidency, Relations with the Courts and Democratic Memory, Carmen Calvo, assured this Friday that she would not raise the minimum interprofessional salary (SMI) now because it has already increased by 29% in the last two years and there must be a balance between protecting […]
Tag: Crisis
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 […]
The Bank of Spain warns that the boost from European funds will remain at half of what the Government promised
The Government, through President Pedro Sánchez himself, affirmed that the boost from European funds would be so intense already in 2021 that the Gross Domestic Product (GDP) of Spain would register a very notable additional boost of up to 2 , 6 points. The data generated certain doubts among not a few analysts at the […]
Will the Government of Sánchez be responsible for the macro picture with the greatest deviation in history?
Yesterday the OECD, but also in recent weeks the Independent Authority for Fiscal Responsibility (AIReF), the International Monetary Fund (IMF) or numerous analysts that make up the Funcas panel, have pointed out that the Government’s economic forecasts are wrong . And that, just as it is an exceptional moment with contraction and rebound figures never […]
The longshoremen agree to leave the strike if Bilboestiba accepts the negotiation proposal of the Ministry of Labor
The unions with representation in the port of Bilbao stowage have accepted today in assembly the proposal of the roadmap of the Ministry of Labor for a negotiated solution to the conflict and have already communicated this in writing. This proposal of the Ministry had the condition of calling off the strike. Unions have accepted […]
The OECD warns that Spain will grow next year only half of what the Government says
The OECD places Spain at the head of the world economic collapse in 2020 with a drop of 14.4% after the virus The OECD estimates that the Spanish economy will grow by just 5% next year, a figure that, in addition to being totally insufficient to recover from the collapse of this year, represents only […]
Catalan farmers claim to be able to cultivate hemp to stop the increase of marijuana plantations on their land
The marijuana plantations hidden among the corn fields, on the rise as a result of the economic crisis derived from the coronavirus, have become a serious problem for Catalan farmers. This is what the union leader says Union of Farmers Santiago Caudevilla: If in a field of 25 or 30 hectares the illegal marijuana growers […]
“In Ibiza and Formentera the same is happening as in the entire Balearic Islands but much more accentuated”
Ibiza as the epicenter of the epicenter of the crisis. If the Balearic Islands have been the autonomous community most affected by the economic and tourist crisis derived from the utility, the Pitiusas are suffering even more if possible than the rest of the archipelago. Due to the greater dependence on tourist monoculture. For the […]
Massive drop in growth forecast: 14 Funcas panelists worsen their estimate
The Funcas Panel has downgraded its growth estimate for next year by eight tenths, to 6.5%, “after 14 of the 20 panelists have downgraded their estimates“as a consequence of the” weak end “of 2020. “This cut in the annual forecast is due to carry-over effect derived from the bad data expected for the fourth quarter […]
The pandemic pardons public accounts
The pandemic as a pardon for our shortcomings, the pandemic as a cover-up for mistakes, the pandemic as a blank check for political power. The most important paragraph of the opinion of the European Commission on the Budgets of Pedro Sanchez is the one that warns that, without the excuse of the coronavirus, Spain would […]