Black Friday is here. That 2020 is the year of pandemic and crisis has not prevented stores like Amazon, Carrefour, El Corte Inglés or Fnac from making great offers and discounts on their stock. Companies have advanced and expanded their period of dream offers to cope with the ‘special’ conditions that covid has brought. WHAT […]
Tag: Economy
The 42,000 million that Spain is gambling in the battle of the new CAP
The European Parliament and the twenty-seven member states finalize details of their positions regarding the negotiation of the reform of the Common Agricultural Policy (PAC), one of the milestones of European integration, in which Spain gambles the distribution of 41,925 million euros, just over 34,000 in direct payments. Last July, the leaders of the […]
Sánchez announces that he will distribute more than half of the European funds between education, health and SMEs
The reinforcement of health and education systems plus the recovery of the business fabric with special attention to SMEs will be the main chapters of the investment plan that the Government will launch with 72,000 million euros of Union funds European. Such a cast assumes that these three areas will receive close to 40,000 […]
The EU closes an agreement on the reform of the CAP that will regulate the field between 2023 and 2027
The countries of the European Union (EU) closed at dawn on Wednesday, after 42 hours of negotiations, an agreement on the reform of the Common Agricultural Policy (CAP), which will regulate the European countryside between 2023 and 2027. “We think it is a balanced proposal that responds to different sensitivities. It is imperfect but […]
The premiere of the Valencian tourist voucher: with controversy and … collapse after 600 requests per minute
The launch this Tuesday of the Valencian tourist bond almost died of success. The initiative devised by the Consell to promote the domestic market with discounts of up to 70% on the cost of booking a trip for those registered in the Valencian Community it was released yesterday with the collapse of the web, […]
The tourist hole worsens: 106,000 million will be lost and Spain falls back to activity levels of the 90s
The tourist hole will exceed 100,000 million euros in 2020, 7,500 million more than expected in August, and it will mean that tourism activity this year will have fallen to levels of 25 years ago. The pandemic has brought Spain back to a 1995 scenario. Forecasts for the sector worsen with each passing quarter […]
Iberdrola buys another power company in the US for 3,667 million and continues to grow amid the pandemic
Iberdrola will be one of the strongest companies in the coronavirus crisis. After buying the Australian Infigen last August, the Spanish power company pulls back as a checkbook and announces on Wednesday the acquisition of the American group PNM Resources to strengthen its presence in the USA. The operation values the company at 3,667 […]
The increase in VAT will mean a drop in turnover of up to 370 million and the loss of up to 6,165 jobs
The increase in VAT from 10 to 21% to sugary and sweetened beverages planned by the Government will result in a direct drop in turnover of between 119 and 370 million euros per year, as a result of the decline in consumption and between 1,980 and 6,165 jobs will be lost throughout the agri-food chain. The impact […]
Hernández de Cos calls for an “ambitious agenda” of reforms in the face of structural damage to the crisis
The governor of the Bank of Spain, Pablo Hernández de Cos, warned on Tuesday about the consequences that the regrowns could have on the economy and has encouraged structural reforms to reduce the impact on businesses and households. “It is also clear that the degree of persistence of this disturbance, which in principle should be […]
Negative rates until 2031? EVO (Bankinter) anticipates and sinks the fixed cost of its 30-year mortgages to 1.67%
The forecast that negative interest rates will lengthen over the next decade is once again shaking up the mortgage market. EVO Banco, the digital subsidiary of the Bankinter group, announced this Tuesday that it will reduce the cost of its fixed-rate mortgages to 1.67% APR, including connections, for a period of up to 30 […]
