The delicate situation of the national tourism sector, with an estimated drop in sales of almost 80% According to the latest survey of prospects by Exceltur, it has put Spanish hotels in the spotlight of international investment funds, which want to acquire a real estate park in Spain at a good price, taking advantage of […]
Tag: Economy
The ‘trap’ of regional financing that can drown Andalusia after the pandemic
The budgets of the Andalusian community allocate, every year since 2011, 233 million euros to pay the mortgage that the errors of calculation of the Government of Josà © Luis RodrÃguez Zapatero in the previous economic crisis left in the coffers of the Board. The then socialist executive failed miserably when it came to making […]
Castellón: fewer new companies and more bankruptcy proceedings
The commercial statistics for the third quarter of the Association of Property and Mercantile Registrars is marked by the effects of the Covid, at least in the province of Castellón, where the creation of companies falls while the effect of bankruptcies increases in the whole of the Valencian Community. Castellón is the only province in […]
Grupo Pamesa receives approval from the CNMC for the acquisition of 50% of the capital stock of Argenta Cerámica y Cifre
February the Pamesa Group, chaired by Fernando Roig, reached an agreement with Argenta Cerámica and Cifre Cerámica whereby the Group acquired 50% of the capital stock of both companies. Seven months later after the delays caused by the pandemic, on October 13, 2020, the Directorate of the National Markets and Competition Commission (CNMC) has notified […]
Moreno Bonilla calls Pedro Sánchez an “urgent” criterion in the distribution of European funds
 The President of the Board, Juanma Moreno, has asked the President of the Government, Pedro Sánchez, to fix “urgently” the criteria for the distribution of the funds of the European Union to fight against Covid-19, as well as that approve the regulations to choose the projects to which they are destined. According to sources from […]
The pandemic triggers the shopping basket in the supermarket by almost 3%
 The pandemic has triggered the prices of basic food products in supermarkets. In fact, the shopping cart type (includes fresh, packaged, hygiene and drugstore) 2.8% more expensive compared to last year, according to the annual study of supermarkets carried out by the Organization of Consumers and Users (OCU). According to this analysis, the months of […]
The King, facing a “difficult” 2020, asks not to “fall into pessimism”, “join forces” and give “more hope”
 The King Felipe VI has asked this Monday “not to fall into pessimism” in the face of 2020 that is being “a difficult year” for the “immense historical challenge” of the virus for Spain, the EU and the rest of the countries. He has also pointed out that institutions, companies and families demonstrate their […]
Catalonia: bars and restaurants expropriated!
 The media have chosen to talk about closings, but perhaps the word is not the most accurate. The Generalitat of Catalonia has imposed the suspension of the activity of bars and restaurants as a measure to face the second wave of covid-19, for a minimum period of 15 days. This has been accompanied by the […]
The self-employed ask to extend the ERTE and the aid for cessation of activity until May 31
The state of alarm decreed yesterday by the Government and the new measures to contain the wave of infections have led self-employed workers to request the extension of emergency financial aid until next May 31. The time restrictions imposed by the Government could be prolonged, according to President Pedro Sánchez yesterday, for six months, until […]
Garamendi (CEOE) rejects a state of alarm until May and asks to shorten deadlines so as not to damage the economy
 The businessmen ask the Government to rethink its State of Alarm so as not to generate damage to the economy. Well in the terms that it establishes, well in the current schemes of aid to workers and companies, the framework should be modified, they believe. In any case, they warn, confidence in a recovery to […]
