January, the month of the two faces of the Roman god Janus, has shown us this time that we cannot leave behind how 2020 closed. The new year has begun marked by the third wave of the coronavirus and the unknown associated with the appearance of new strains. The negative health evolution not only adds […]
Tag: Economy
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 […]
The great corporate drain in 2020: 125 closings a day and 76% with fewer than 10 employees
The pandemic in 2020 left a historical record of companies closed with the disappearance of 44,759 companies from the records of the Social Security. This is equivalent to an average rate of 125 companies closed each day, although the truth is that the bulk of casualties were concentrated during the months of strict confinement after […]
Sabadell touches the ‘red numbers’ after covering against Covid and signs in the ‘superbank’
Banco Sabadell closed the year 2020 touching the ‘red numbers’ after reduce 99.7% of your profit. The financial group earned two million euros at the end of the period by making extraordinary provisions of 2,275 million to cover the deterioration of the economy in the markets where it operates -mainly Spain- and to clean up […]
The great fear of SMEs: they will lose 1,100 million a week if there is a new confinement
The Spanish Confederation of Small and Medium Enterprises (Cepyme) and Ceprede warn that a new confinement would make SMEs lose 1,100 million euros every week. In addition, 300,000 jobs would be affected, according to a study collected by Europa Press. A confinement similar to that of April, both organizations explain in this study, would cause […]
Alberto Núñez Feijóo claims “the model of the Galician PP” so that Catalonia “returns to the forefront in Europe”
For the national leadership of the PP, these Catalan elections they are not just another election date. The candidacy of Alejandro Fernández she has been tucked in weekly since November by Pablo Casado, who knows that a good result on February 14th it would also be a boost to his leadership. Already in full campaign, […]
Tubacex explodes in the stock market after an attempt to imitate the GameStop case in Spain
The stock market earthquake caused for days on Wall Street by the case GameStop it continues to leave aftershocks in world markets. The last one could have taken place in Spain, taking into account the behavior of the shares of Tubacex this Monday. The company rose 15% during the session after a group of private […]
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 […]
Spanish tourism is freezing
We understand by support that technical level where there is a high probability that the value will stop falling or correcting. Sometimes we forget that behind these supports there are millions of euros put in by investment banks that fight with the offer of who, either out of fear or to satisfy a return, sells […]
The price of electricity collapses and today it will be practically free
The strong winds that have been registered in the last hours have caused the average price of electricity to remain at 1.42 euros per megawatt hour (MWh), representing a 98.5% drop from the peak of 94.99 euros reached just three weeks ago. According to the Operator of the Iberian Electricity Market (OMIE), the average price […]
