Tomorrow the Public Treasury will announce a reduction in the issuance of debt foreseen in the General State Budgets for 2021, as advanced by the Third Vice President of the Government and Minister of Economic Affairs and for Digital Transformation, Nadia Calvio . In an interview in Cope, Calvià ± o explained that, thanks to […]
Tag: economics / macroeconomics
Tourism in the Canary Islands collapses in high season, while Catalonia and Madrid disappear as destinations
The month of November has also been devastating for tourism in Spain: the arrival of 456,956 international visitors has been registered, 90.2% less than in the same month of 2019, and total spending has decreased by 90 , 8%, to stay at 467 million euros, as shown by the sectorial data provided this Tuesday by […]
The World Bank warns that the delay in vaccination would slow world growth to 1.6% in 2021
The global economy will grow 4% in 2021 and 3.8% in 2022, after suffering a contraction of 4.3% in 2020, assuming that the initial distribution of Covid-19 vaccines is expanded to throughout the year, according to the latest projections from the World Bank, which warns that, if infections continue to increase and vaccine distribution is […]
Republicans block a larger direct stimulus check to US citizens
The leader of the Republican majority in the United States Senate, Mitch McConnell, blocked on Tuesday a proposal for increase direct checks to citizens from $ 600 to $ 2,000, included in the economic stimulus package, contradicting the president of the country, Donald Trump, and members of his own caucus. In a speech to the […]
The EU closes an investment agreement with China
After almost seven years of negotiations, the European union a controversy closed this Wednesday investment agreement with China which aims to improve European investors’ access to the Chinese market, but which raises suspicions in the Biden administration even before taking office. An extraordinary summit by video call, on the verge of the end of the […]
The Government benefits Andalusia and Catalonia over Madrid in the distribution of European funds
The Government has communicated to the autonomous communities the distribution of the 10,000 million euros from European funds that will be allocated to the regions, and in this process, the criteria used by the Ministry of Finance have clearly benefited Andalusia and Catalonia above the Community of Madrid. According to the distribution made official this […]
December 2020: the month with the highest volume of parcel shipments in history
The pandemic has been a challenge for the logistics sector. The shopping boom on line, confinements and Christmas, have conspired to make this, the month the December with the largest volume of parcel shipments in history. The Correos group figures the volume forecast for the months of November and December at 48 million packages, which […]
Hernández de Cos criticizes that the election of the governor of the BdE depends only on the president of the Government
Pablo Hernández de Cos rejects that the Governor of the Banco de Espaà ± a, that is, the position that he himself holds, is appointed directly by the Prime Minister and proposes “give Parliament greater prominence”in that process, as well as in the election of” the deputy governor and the unborn members of the Governing […]
The Portuguese Government approves raising the minimum wage to 665 euros
The Portuguese socialist government today approved a increase in the minimum wage to 665 euros, 30 more than the current value, which will take effect on January 1, 2021. The measure was approved by the Council of Ministers and is part of the Executive’s strategy to end the legislature, in 2023, with a minimum salary […]
The Ibex 35 leads the losses in Europe due to the fear of the new strain of coronavirus
The new strain of coronavirus has also reached the bags. The main European squares have opened downwards and in Spain, the Ibex 35 plummets by around 3% and has lost all 7,800 points after rekindling fears about new infections and the possibility of more restrictive measures to try to control them. The new mutation, located […]
