The turbulences of the Turkish lira again take their toll on BBVA in a bag. The entity’s shares lost more than 5% at this start of the week, dragged down by the Turkish currency crash after the dismissal of the governor of the Central Bank of that country, Naci Agbal, and lead the falls in […]
Tag: Economy
Calviño Claims To Speed Up Vaccinations In Spain After Noting The Slowdown In The Economy During 2021
“Speeding up vaccination is the best economic policy”, has transmitted the third vice president Nadia Calviño to Basque businessmen in Bilbao. Calvià ± o has noted the “slowdown of the economy” in Spain at the start of 2021 after the application of mobility restrictions used to cool the growth of the wave of infections after […]
Company financing is renewed
Renewed or die. The classic aphorism acquires a new relevance (it is renewed) in pandemic times. With interest rates in a long induced coma and business activity slowing down, the heart of the economy needs new ways to pump life. In this context, the digital meeting ‘Alternative financing and new trends in traditional bank financing’, […]
PSOE and Podemos try to lower the tension over the Housing Law to avoid breaking the negotiations
After last week’s storm between PSOE and United We Can On account of the model to regulate rents in Spain, both parties are trying in the last hours to reduce the tension in order to achieve meeting points that will save the future Housing Law and prevent the negotiations from blowing up permanently. It is […]
What Day Does The Income Statement Start In 2021 And What Is The Deadline?
The campaign of the Rent 2020 starts next wednesday April 7, 2021 and it will last until June 30, last day to present the Income Statement. But these are not the only two dates to take into account in the Income campaign this 2021. During the three months that it lasts there key deadlines to […]
Bankinter Will Take LÃnea Directa Public At The End Of April And Rules Out Mergers: “we Will Continue To Grow Alone”
Bankinter has cleared the last major stumbling block to carry out the LÃnea Directa IPO and plans to make it effective at the end of April. This has been confirmed this Tuesday by the CEO of the entity, Maria Dolores Dancausa, after receiving the approval of the European Central Bank (BCE) to continue with the […]
‘renaulution’ Spain: 1,000 Million, 1,000 Jobs And Four New Models
ADVANCED. Renault’s industrial plan ensures that its factories in Valladolid and Palencia will be filled until 2030 with hybrid cars and plug-in hybrids. The visit of the top leadership of the Renault Group to Spain to present the new industrial plan of the French brand could not bring bad news. They are excellent, because […]
The Central Bank Of Turkey Spreads Volatility To Its Economy: Three Governors In Two Years
“A truly idiotic decision.” With such forcefulness, the prestigious analyst of Bluebay Asset Management, Timothy Ash, described the sudden dismissal of the third Governor of the Central Bank of the Republic of Turkey in just two years. It was signed by the president Recep Tayyip Erdogan last Saturday morning, with the coverage of the night […]
The Bank Of Spain Worsens Its Forecast And Anticipates A Contraction Of The GDP: “negative Surprises Accumulated”
SPAIN it faces a new economic contraction in the first quarter of the year after the country suffered its worst peacetime crash last year. Data such as the estimate of Gross Domestic Product (START) in real time from the Independent Authority for Fiscal Responsibility (AIReF) indicated so, and that is what the Bank of […]
The State Will Have To Assume The Bill Of The Sareb And Will Shoot The Public Debt To 120% Of GDP
The 2012 bank bailout continues to take its toll on taxpayers almost a decade later. Specifically, an invoice for 35,000 million euros that the State will have to assume once the debt maintained by the Company for the Management of Assets from Bank Restructuring (Sareb) is now computed as public debt. This is what Eurostat […]
