Alstom has torpedoed the mega-contract that Bombardier and CAF achieved to supply 146 trains worth 2,560 million euros to the Parisian suburban network (RER). A contest in which his offer, 600 million more expensive, was defeated. The French giant has used all kinds of resources to delay the signing of the contract until the January […]
Tag: Economy
Yolanda DÃaz recognizes that ERTE may not be enough and opens the door to other aid
The Minister of Labor and Social Economy, Yolanda DÃÂaz, has affirmed this Friday that the temporary employment regulation files are not enough for the sectors most affected by the pandemic and has indicated that it would be “good” to open a reflection to help “a very important part of our economy.” “In our country we […]
GameStop and conspiracies on social networks
An investor can obtain information in many ways. For example, with binoculars to control the passage of tankers. Or with satellite data to examine production in refineries or the arrival and departure of cars in the parking lots of a supermarket chain. The French company Kairros, for example, is dedicated to obtaining all kinds of […]
The ECB dismisses as “illegal” and “meaningless” the petition to forgive debt signed by the president of the PSOE and Podemos
The European Central Bank disqualifies as “illegal” and “meaningless”, the debt forgiveness proposal supported, among others, by the president of the PSOE, Cristina Narbona, and the economic manager of Podemos, Nacho Alvarez. “Debt cancellation is illegal under the treaties, but I would like to point out that it is not just a legal issue or […]
Banco Santander loses 8,771 million in 2020 due to provisions and write-offs
The entity increases the provisions for the coronavirus and assumes a deterioration of 12,173 million in the value of its subsidiaries in the United Kingdom, the United States and Poland Pandemic Banco Santander earns 40.8% less until September due to provisions From 50 years old Banco Santander will reduce its workforce by 3,572 employees early […]
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 […]
How to know the price of your apartment in one click and for free
Price is a decisive factor when selling a property, but it is also a difficult figure to determine, especially in these times. The coronavirus has generated great uncertainty in the real estate market and this, inevitably, is affecting the value of the square meter in Spain. According to the appraiser Tinsa, in the last quarter […]
MarÃa Jesús Montero accuses Madrid of unleashing “capital flight” in other communities due to its “fiscal dumping”
The Minister of Finance, Maria Jesus Montero, has hardened his speech against what he calls the “fiscal dumping” of the Community of Madrid. In an intervention in the Congress of Deputies, Montero has accused the regional government of Isabel Diaz Ayuso to unleash “capital flight” in other autonomous communities and to the Popular Party to […]
Male unemployment shoots up 20% while in women it falls almost at the same rate
The economic crisis derived from the health pandemic caused by Covid-19 is affecting men with greater virulence in terms of the labor market. At least, this is clear from the detailed statistics published by the Ministry of Sustainable Economy regarding the latest data from the Active Population Survey (EPA) corresponding to the fourth quarter of […]
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 […]
