untitled design

Tag: economics / macroeconomics

The great crater of tourism: 72,000 million euros less in the worst year in history

The great crater of tourism: 72,000 million euros less in the worst year in history

The tourism data for December 2020 published by the INE confirm what was already known: 2020 was a catastrophic year for the sector in Spain. The arrival of 648,669 international tourists throughout the last month of the year represented a drop of 84.9% compared to the same month of the previous year. In total, the […]

The ‘GameStop bubble’ unleashes investment fever in Spanish brokers similar to Robinhood

The ‘GameStop bubble’ unleashes investment fever in Spanish brokers similar to Robinhood

The GameStop bubble has not only turned Wall Street upside down, it has also unleashed the investment fever in the rest of the world, also in Spain. The news from the New York Stock Exchange has encouraged a good number of people to want to participate in the stock market game, hoping to get a […]

People who live in shelters or share a house temporarily may request the Minimum Income

People who live in shelters or share a house temporarily may request the Minimum Income

The Council of Ministers has approved a decree-law by which the unit of coexistence is made more flexible to request the Minimum Vital Income. As explained by the Minister of Inclusion, Social Security and Migration Jose Luis Escrivá, now those who reside in mobile homes or who share a flat temporarily may request it. According […]

The EU economy falls 6.4% in 2020 and 6.8% in the eurozone due to the pandemic

The EU economy falls 6.4% in 2020 and 6.8% in the eurozone due to the pandemic

Gross domestic product plummeted 6.4% in the European Union and 6.8% in the euro area in 2020 as a result of the coronavirus pandemic, ending seven years of growth in both areas, according to preliminary data published this Tuesday by Eurostat and collected by Efe. In Spain, the fall was historic: 11%, the worst figure […]

New maternity supplement for pensioners: who can collect it and how to request it?

New maternity supplement for pensioners: who can collect it and how to request it?

The Council of Ministers has approved a new maternity and paternity supplement for pensioners. This is a reform of the previous complement, which could only be requested by women, and which can now be requested from the first child. The Minister of Inclusion, Social Security and Migration, Josà © Luis Escrivá, has explained in the […]

The fear of a second recession gains weight in Europe with Spain at a disadvantage

The fear of a second recession gains weight in Europe with Spain at a disadvantage

Europe fears a new recession and has very few tools to own its destiny in the short term. The president of the European Central Bank said it a few days ago, Christine Lagarde, the economists warn and begin to suggest (although not yet confirm) the data. The fourth quarter of 2020 was bad, but not […]

A Zamora official sentenced to 5.7 years in prison for receiving 16 years the pension of his dead grandfather

A Zamora official sentenced to 5.7 years in prison for receiving 16 years the pension of his dead grandfather

Chamber II of the Supreme Court has sentenced to 5 years and 7 months in prison, and fine of 600,000 euros, to a Social Security official in Zamora who received his deceased grandfather’s pension for 16 years for a total amount of 549,000 euros, an amount in which he will have to compensate the National […]

Prices rise 0.6% in January, the first rebound since the coronavirus

Prices rise 0.6% in January, the first rebound since the coronavirus

Prices have risen 0.6% in January compared to the same month of 2020, a rate that is 1.1 points above that of December last year (-0.5%) and that represents the first rebound since the start of the coronavirus pandemic, according to the data advanced this Friday by the National Institute of Statistics (INE). If this […]

GDP collapse: has the pandemic affected other countries as much as Spain?

GDP collapse: has the pandemic affected other countries as much as Spain?

The figure published by the National Institute of Statistics leaves no room for doubt: Spain’s GDP fell by 11% in 2020, the worst result in history in peacetime. Although Spain has not been the only country that has suffered this financial setback derived from the pandemic, its fall has been one of the hardest. The […]

Germany closes its borders this Saturday to citizens from countries with variants of coronavirus

Germany closes its borders this Saturday to citizens from countries with variants of coronavirus

The nationals and citizens of those countries residing in Germany, passengers in transit and transporting goods, escape this restriction. Germany will ban from this Saturday the entry into the territory of citizens from countries with high rates of infection by variants of coronavirus, according to the Interior Ministry. The countries affected by the measure are […]