Tag: Crisis

Bilboestiba rejects the mediation of the Basque Government proposed by the unions and only admits compulsory arbitration

Bilboestiba rejects the mediation of the Basque Government proposed by the unions and only admits compulsory arbitration

The stevedoring companies of the Port of Bilbao have rejected the mediation proposal of the Department of Labor that the unions had requested and insist that the conflict be resolved through a mandatory arbitration. This afternoon, the Basque Government’s Deputy Ministry of Labor has transferred to the trade union organizations the “rejection of the business […]

Former IAG CEO Willie Walsh returns to chair IATA

Former IAG CEO Willie Walsh returns to chair IATA

Former IAG CEO Willie Walsh has been nominated to succeed the Director General of the International Air Transport Agency (IATA), Alexandre de Juniac. According to the agency, the French executive had already announced that he would leave office at the end of March. From Juniac He was President of Air France-KLM and has led IATA […]

The central government does not impose, for the moment, arbitration on the port stevedores that Urkullu requests and Ábalos urges the parties to sit down to negotiate

The central government does not impose, for the moment, arbitration on the port stevedores that Urkullu requests and Ábalos urges the parties to sit down to negotiate

The central government has not yet imposed a forced arbitration in the conflict of the port of Bilbao stevedores, as the Lehendakari Urkullu has requested directly. The arbitration has not been approved in the Council of Ministers this Tuesday and later, in the Senate, the Minister of Transport, Mobility and Urban Agenda, Jose Luis balos, […]

The Government makes the opening of bars and restaurants more flexible and the perimeter closure of Catalonia

The Government makes the opening of bars and restaurants more flexible and the perimeter closure of Catalonia

“It is important that this Christmas we do not have to regret it later.” In this way, the vice-president of the Generalitat, Pere Aragon, wanted to appeal to the “responsibility” of the population, since “we will not put a policeman in each house”, to face the opening plan that will be launched from Monday. And […]

The IMF’s examination of Spain: five years of crisis and Sánchez skips 6 of its 7 recommendations

The IMF’s examination of Spain: five years of crisis and Sánchez skips 6 of its 7 recommendations

  He had it so tied that his own Pedro Sánchez he himself voted against the amendments to the entirety of his budget project for 2021 by telematic means, like most of his ministers. And if they had forgotten, nothing would have happened either because even a Vox deputy, Magdalena NevadoHe was wrong and voted […]

The stevedores accuse Bilboestiba of seeking to prolong the conflict to force an arbitration that is beneficial to them

The stevedores accuse Bilboestiba of seeking to prolong the conflict to force an arbitration that is beneficial to them

The company committee of the port of Bilbao stevedores today accused the companies grouped in Bilboestiba of “imposition“and of not seeking an agreement” but a conflict “, leading the workers to extend a strike that began on October 20. The workers have criticized that the companies have rejected their proposal for mediation by the State […]

The Basque Government launches an issue of sustainable bonds for 600 million that will finance 86% expenses derived from the Covid-19 crisis

The Basque Government launches an issue of sustainable bonds for 600 million that will finance 86% expenses derived from the Covid-19 crisis

The Basque Government will launch a new issue of sustainable bonds worth 600 million euros. This will be the fourth issuance of this type of bonds that are destined to sustainable and social policies, although on this occasion the percentage destined to the social, health and education part will be higher “in order to face […]

The economy shot up 16.7% in the third quarter but the second wave already threatens a new slowdown

The economy shot up 16.7% in the third quarter but the second wave already threatens a new slowdown

The Spanish economy soared by 16.7% during the third quarter of the year, which, as with almost all economic (and not just economic) data during the pandemic and the coronavirus crisis, is a figure never before observed. In year-on-year terms, that is, compared to last year’s situation, the variation in Gross Domestic Product (GDP) “stands at 8.7%, […]

The governor of the Bank of Spain foresees a decade of “absolutely inevitable” adjustment measures

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 […]

BBVA portrays the government’s lack of prudence: lowers its growth forecast and the impact of European funds

BBVA portrays the government’s lack of prudence: lowers its growth forecast and the impact of European funds

A 6% growth estimate for 2021 according to BBVA Research compared to a figure of up to 9.8% projected by the Government. The difference, therefore, almost four percentage points that portray the executive’s excess of optimism in its estimate of economic recovery. The entity’s relevant research services published its growth forecasts for 2020 and 2021 […]