Iberia you will be able to continue flying as an airline in European airspace following the UK’s departure from the EU. This was reiterated today by the Secretary of State for Commerce, Xiana MÃndez, after evaluating the trade agreement agreed between this country and the European Union. This was one of the most worrying issues […]
Tag: Economy
Puig responds to Ayuso’s criticism for the distribution of European funds: “They are unfair and insulting”
The President of the Generalitat, Ximo Puig, has described as “unfair and insulting” for Valencians the criticisms of the president of the Community of Madrid, Isabel DÃaz Ayuso, the distribution of European funds for recovery. The head of the Madrid Executive questioned that the Valencian Community received 12.5% ​​of the 10,000 million distributed among the […]
Madrid asks the Finance Minister for explanations about the distribution of European funds
The Community of Madrid has formally requested explanations from the Ministry of Finance about the distribution of European funds to mitigate the economic impact of the coronavirus. He has done so in a letter that the Minister of Finance, Javier Fernández-Lasquetty, sends to MarÃa Jesús Montero to express that The method used is “incomprehensible”. “It […]
The Euribor marks its fifth consecutive all-time low after six months of falls due to the ECB’s policies against the pandemic
The 12-month Euribor, the indicator most used in Spain to calculate mortgage payments, its fifth consecutive historical minimum will be recorded in December. This will mean a reduction in mortgages that will review their installment soon. In the absence of definitive data and subsequent confirmation from the Bank of Spain, the Euribor averaged -0.496% in […]
The Comptes Syndicate warns of the rebound in the deficit and the increase in debt to 50,000 million
The Audit Office has made public this Wednesday the audit report of the autonomous public sector during 2019 and has warned in it about the rebound in davated up to 34.7% and the increase in financial debt, which stands at 49,784.3 million euros. The Auditor General of Accounts, Vicent Cucarella, has delivered this report to […]
Unicaja and Liberbank, a forced merger open to integrating with a third party: “Everything is possible”
The Spanish banking sector has entered into a dynamic of consolidation so marked that not even entities that announce their merger rule out taking advantage of the opportunity, if it arises, to carry out a new merger with another bank. “Everything is possible”, they admitted yesterday Manuel Azuaga, president of Unicaja, and Manuel Menendez, CEO […]
Euskadi presents 188 projects with which it aspires to receive 5,703 million European funds
Euskadi will present 188 investments with which you plan to capture 5,703 million euros of the funds of the European Union Recovery and Resilience mechanism. The Basque Governing Council today approved the specific projects with which expects to activate an investment of 13,135 million euros In the next five years, adding the money from Europe, […]
El Corte Inglés will create a new logistics subsidiary to compete with Amazon
The English Court will create a new independent subsidiary dedicated to logistics to compete with Amazon and with the aim of offering its infrastructure to third parties and tripling its business volume to a turnover of 1,200 million euros, as reported to Europa Press in sources by the group chaired by Marta Ãlvarez. Specific, the […]
Santander, Inditex, AENA and Red Eléctrica, among the 56 Spanish listed companies to which the ‘Tobin rate’ will be applied
The Tax agency has encrypted in 56 the number of listed Spanish companies whose shares, as of December 16, 2020, had a market capitalization value of more than 1,000 million euros and whose purchase of titles will be applied the new tax on financial transactions, known as ‘tasa Tobin’. This is clear from the list […]
The hotel industry and Valencian nightlife clings to the ‘Tardevieja’ before losses that amount to 2,000 million euros
The hoteliers Valencians tried to save their Christmas with ‘Tardebuena’, but it didn’t work out as expected. A third of the usual capacity is not enough to maintain their businesses, which accumulate losses during the closing months and which only continue to stand “due to a moral boost, not profitability”. 20% have not even raised […]
