The new president of the CNMV (National Securities Market Commission), Rodrigo Buenaventura, has taken office this Thursday and thanked the Vice President of Economic Affairs, Nadia Calviño, that “for the first time in 32 years of history” has appointed a manager of the house to the position. “It involves launching a message of maturity from […]
Tag: economics / macroeconomics
The National Court exonerates the Russian tycoon Mikhail Fridman in the ‘Zed case’
The Court of Instruction number 6 of the National Court has exonerated the Russian businessman Mikhail Fridman of the ‘Zed case’. Judge Manuel GarcÃa Castellón has dictated a car, to which he has had access THE WORLD, in which it concludes that there is no evidence of a crime in the actions of the owner […]
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 […]
The ECB increases its asset purchase program against the pandemic by 500,000 million euros
The European Central Bank (ECB) has decided to raise its extraordinary asset purchase program against the effects of the pandemic (PEPP) by 500,000 million, so that the total amount of the program now reaches 1.85 trillion euros. In addition, the issuing institute has decided to maintain interest rates unchanged and its standard asset purchase program […]
Madrid continues to be the most competitive community in Spain and Catalonia “confirms its stagnation”
The Community of Madrid continues to be the most competitive region in Spain, followed by Navarra and the Basque Country. And in fourth place Catalonia remains, although, according to the Regional Competitiveness Report published this Thursday by the General Council of Economists, this community has stagnated. “Although the competitiveness of Catalonia does not fall, it […]
Berlin offers Hungary and Poland that their access to funds can only be restricted if there is a judgment of the CJEU
After almost five months of discussions, endless meetings between ambassadors, ministers, deputies and commissioners, and with a blockade at the highest level that has lasted for too many weeks, the leaders of the EU have many possibilities to settle this Thursday once and for all disputes over the the rule of law mechanism that has […]
Water begins trading on the Wall Street futures market
Water has started trading on the commodity futures market due to the scarcity of this good, whose price will now fluctuate as does the oil, gold or wheat, as reported by CME Group. The index Nasdaq Veles Califonia Water Index, with the tickerNQH2O, is based on a California water futures price indicator that this Tuesday […]
The 10-year Spanish bond marks a new all-time low at 0.024%
The performance on the secondary market of the Spanish sovereign bond maturing in ten years has marked a new historical low of 0.024%, below the low of 0.035% in August 2019. While the interest on the equivalent German bond stood at -0.611%, the risk premium offered to investors by Spanish bonds with respect to the […]
OECD warns that pandemic will further increase pressure on pensions
The economic and labor shock of the coronavirus crisis is increasing pressure on the pension financing, as the Organization for Economic Cooperation and Development (OECD) warned this Monday, recalling that they were already under stress due to underlying trends such as demographic aging. “Covid-19 has caused a strong disturbance in labor markets, with cascading effects […]
The Davos Forum will move to Singapore this year in 2021 due to the pandemic
The World Economic Forum (WEF, for its acronym in English) announced this Monday that it is moving its annual meeting Davos to Singapore due to the pandemic, although he has assured that they will return to the Swiss Alps in 2022. As the organization has argued, the change in location reflects the Forum’s priority of […]
