Tag: economics / macroeconomics

The ECB could launch the digital euro if falling cash use becomes a permanent phenomenon

The ECB could launch the digital euro if falling cash use becomes a permanent phenomenon

  The European Central Bank (ECB) could launch the digital euro as a vehicle through which to maintain the option that citizens have access to safe money and avoid the risks of total dependence on private means of payment in the event that the decrease in the use of ATMs becomes a permanent phenomenon and […]

The businessmen reject the increase of the SMI to 1,000 euros that the Government plans: “We are totally against”

The businessmen reject the increase of the SMI to 1,000 euros that the Government plans: “We are totally against”

  The CÃrculo de Empresarios rejects the increase in the Interprofessional Minimum Wage (SMI) to 1,000 euros that the Government plans, and it also does so energetically. “We are totally against“, said this Monday the president of the organization, John de Zulueta, who also explained that the increase to 900 euros was already” a huge […]

The IMF disarms Sánchez’s fiscal coup and censures the rise to pensioners and officials

The IMF disarms Sánchez’s fiscal coup and censures the rise to pensioners and officials

 The International Monetary Fund (IMF) asks the Government not to apply at this time the increase it envisages on the VAT of sugary drinks, and not to raise environmental taxes, among which are the tightening of the figure that taxes the diesel or the tax on non-reusable plastic containers. demands that the Executive do not […]

Madrid collected 3.9% more with regional taxes the year that introduced new deductions

Madrid collected 3.9% more with regional taxes the year that introduced new deductions

The Madrid’s community closed the year 2019 with an increase of 3.9% in the collection of regional management taxes, the same year in which new deductions in these taxes came into effect. This has been detailed by the Minister of Finance and Public Function, Javier Fernández-Lasquetty, in the Plenary of the Assembly of Madrid, where […]

Spaniards suffered the third largest drop in disposable income in the entire OECD between April and June

Spaniards suffered the third largest drop in disposable income in the entire OECD between April and June

In the second quarter of 2020, Spain recorded a 7.46% decrease in disposable income per head compared to the three previous months, which represents the third deepest quarterly decline among all countries of the Organization for Economic Cooperation and Development (OECD) whose data were published this Thursday, only surpassed by the decline of 10.36% in […]

The Ibex moderates the rises after the stock market euphoria due to the advances in the Pfizer vaccine

The Ibex moderates the rises after the stock market euphoria due to the advances in the Pfizer vaccine

The euphoria has given way to moderation during the first trading bars in the Ibex 35. The Spanish index recorded its biggest rise in a decade on Monday (+ 8.57%) and this Tuesday it maintains its positive tone, but more lowered, as markets and investors assume the announcement of Pfizer on the progress of its […]

Can the Treasury access homes without warning and not violate human rights?

Can the Treasury access homes without warning and not violate human rights?

The Tax Agency wants to access the addresses of the taxpayers it investigates without having to notify them in advance. Access with prior notice does not seem to be very effective when there is the possibility of destroying evidence, the general director of the Tax Agency, Jesús Gascón, pointed out in Congress on Thursday. However, […]

AIReF also confirms that Budgets are dead paper: the Government’s estimates are out of date

AIReF also confirms that Budgets are dead paper: the Government’s estimates are out of date

Just a few hours after the Governor of the Banco de Espa, Pablo Hernández de Cos, amended practically the entirety of the General Government Budget project, the head of the Independent Authority for Fiscal Responsibility (AIReF) has carried out, also in Congress, an assessment in which they have raised no fewer doubts and warnings. And […]

Escrivá ignores the Brussels warnings and criticizes the Bank of Spain for not “learning” from past mistakes

Escrivá ignores the Brussels warnings and criticizes the Bank of Spain for not “learning” from past mistakes

  Jose Luis Escriva came to the Government as one of the figures with the greatest respect and credibility in the economic sphere of Spain. His appearances in Congress as president of the Independent Authority for Fiscal Responsibility (AIReF) were highly anticipated and valued by all forces. And his warnings were always taken into account […]

The Government justifies the transfer of pensions to the Basque Country: “In no case does it break the single box”

The Government justifies the transfer of pensions to the Basque Country: “In no case does it break the single box”

The Government of Pedro Sánchez is determined to hand over the management of Basque pensions to the Executive of Iaigo Urkullu. It is one of the bases of the different agreements that the PSOE and PNV have signed both in the Basque Country and Madrid, and according to many economists and experts it could be […]