Spain missed the boom of IPOs that 2020 represented in the markets in general. The country lagged behind at the European and global level due to the impact of the coronavirus and the uncertainty politics and internal law, but the arrival of vaccines and European funds has reactivated the interest of companies and investors in […]
Tag: Economy
What if the rich didn’t pay direct taxes?
The Spanish Government has just revolutionized the European tax system. He has announced that those people who they earn more than 601,000 euros a year and have a equity exceeding one million euros they will not pay taxes except those related to capital income and indirect taxes. In this new model it also applies that […]
Antonio Villar: “I am afraid that the pandemic will leave an important mark on the Covid generation”
Antonio Villar (1954) is Professor of Economics at the Pablo de Olavide University of Seville, Doctor of Economics from the University of Alicante and Doctor of Philosophy from the University of Oxford. He affirms that this crisis has exposed the health system and structural weaknesses that “will have to be faced.” On the impact on […]
The Port of Barcelona reduces its profits by 63% due to the pandemic and sees its income fall to 2006 levels
“We have not sought the best results in history, but resilience.” This is how the president of the Barcelona’s port, MercÚ Conesa, the economic balance of Catalan infrastructure for 2020. Despite the fact that the Port Authority it closed the year with a profit of 17 million euros, the figure is 63% less than the […]
Podemos and Sánchez’s partners threaten the PSOE with a proposed alternative housing law if it does not regulate rent
The Housing Law encapsulates not only the relationship between the two government partners, PSOE and Unidas Podemos, but also with the formations that guarantee the parliamentary stability of the coalition. Given the refusal, at least until now, of the Ministry of Transport and Housing to impose the rent regulation, a condition signed with Podemos to […]
Bosch announces the closure of another plant in Catalonia and will take its production to Poland
The German multinational Bosch has communicated to the works council the intention to close the plant in Lliçà d’Amunt (Barcelona), which would put 336 employees, as confirmed by the company to Europa Press this Thursday. This closure would be added to that of the Castellet i la Gornal plant (Barcelona), announced in September and scheduled […]
Guindos warns governments that stimulus must be withdrawn carefully to avoid bankruptcies
Luis de Guindos It has warned governments of the danger of withdrawing the stimulus, as this could lead to a wave of bankruptcies or insolvencies in companies that could end up infecting the financial sector. The vice president of the European Central Bank has participated in a meeting organized by IESE in which he has […]
ACS earns 574 million, 40% less, due to the impact of the coronavirus
ACS’s profit in the year of the coronavirus fell by 40.3%, to 574 million euros, from the 1,000 million euros it earned in 2019, mainly affected by the impact of the coronavirus in all its business units. The greatest burden for the group chaired by Florentino PÃ © rez came from its direct and indirect […]
Calviño, unable to specify Sánchez’s 11,000 million: “We are seeing measures. I hope to present the plan in March”
The Third Vice President for Economic Affairs, Nadia CalviÃo, has been unable this Thursday to specify the announcement on the eve of the Prime Minister, Pedro Sánchez, of 11,000 million for companies of the tourism and restoration. Despite repeated questions from different deputies and senators, the vice president has repeated Sánchez’s ambiguous words 24 hours […]
Catalonia will allow the opening of shopping centers with limitations after being closed for almost two months due to the coronavirus
After more than seven weeks closed in Catalonia, the malls and the stores of more than 400 square meters will be able to open from March 1. The opening, however, will continue to have limitations: from Monday to Friday and with 30% of the capacity. This is the main novelty of the modifications communicated today […]
