The vehicle manufacturer Ford has launched a revision campaign in the United States and Canada that will affect 3,487 Transit Connect units manufactured at Almussafes. The cause is a possible engine software calibration problem. According to the US company, the units affected by this recall incorporate a 2.5-liter propellant and were manufactured in Valencia between […]
Tag: Economy
Barcelona freezes taxes and will stop entering 60 million euros
The health emergency situation due to the coronavirus has forced the Barcelona City Council to take extreme measures. Looking ahead to next year, they will freeze all municipal taxes, except the terrace tax, which maintains the 75% reduction, although the Consistory estimates that the decision represents between 60 and 70 million less than the […]
Ifema delays Fitur to May and will seek to mark the return of face-to-face fairs after the Covid crisis
With the first quarter of next year “lost” for the return of visitors, Ifema’s management is already looking towards april and May to “kick off” the big fairs and congresses with a physical presence of people. Hence, on yesterday afternoon, Fitur’s organizing committee decided to move from the end of January to mid-May – […]
The banks anticipate negative rates until 2031 and ask the Government to be cautious when withdrawing stimuli to avoid a “cliff effect”
The quicksand in which Spanish banking moves can be longer than the managers of the sector planned. To the consequences of the current economic crisis, such as low credit demand and the expected increase in delinquency, is a negative interest rate scenario that could be extended until 2031. Financial markets expect the Euribor to remain […]
Nadia Calviño gives priority to now taking only EU subsidies and asking the next government for loans
The Economic Vice-President, Nadia Calviño, is in support of leaving some of the European Union’s aid, that of loans, for the next Government, if the current one exhausts the legislature and already catches only the subsidy section. In statements to Radio Nacional, Calviño has stated that “the government does not rule out credits at […]
The TSJC maintains the closure of bars and restaurants but studies the resources of the employers
Catalonia will continue to have bars and restaurants closed until, at least, next week. The Superior Court of Justice of Catalonia (TSJC) rejected the very precautionary measures requested by several employers to revoke the resolution of the Generalitat last Friday that ordered the closure of bars and restaurants for 15 days to contain the coronavirus. […]
The Climate Change Law that the PSOE promised of “maximum consensus” unleashes 758 amendments from all parties
The draft Climate Change Act, which Vice-President Teresa Ribera sent to Parliament last May for a theoretical military walk because of the general coincidence that ecological transition is necessary, has encountered an increasingly difficult process. The ultimate goal of not emitting greenhouse gases by 2050 is not discussed, but the way to do so and […]
Alert for the presence of Listeria in a goat cheese sold in Lidl: if you have this batch, do not consume it
The Spanish Agency for Food Safety and Nutrition (AESAN) has reported through a statement the presence of Listeria monocytogenes in the Goat Cheese Roll from Netherlands and that in Spain it is sold exclusively in supermarkets Lidl. “This information has been transferred by AESAN to all the autonomous communities through the Coordinated Rapid Information Exchange […]
Prisa sells Santillana for 465 million and refinances its debt until 2025
The Board of Directors of Prisa has approved the terms for the refinancing of its debt, which extends its maturity until 2025, the publisher has communicated in a statement. At the same time, it has agreed to the sale of its educational publisher Santillana España to Finland’s Sanoma worth the asset of 465 million euros, […]
Guindos warns: “The countries that best resist Covid are those with quality governance and institutions”
The Vice President of the European Central Bank (ECB), Luis de Guindos, has asked the countries of the euro zone to invest in “quality institutions”, since the body has found that the states that have responded best to the impact of the coronavirus are those that enjoy the best levels of governance. The former […]
