The Strategic Companies Solvency Support Fund, managed by the Sociedad Estatal de Participaciones Industriales (SEPI), has approved the request for the rescue of the company Duro Felguera for an amount of 120 million euros, which is still it must be authorized by the Council of Ministers. In a statement sent to the National Securities Market […]
Tag: Economy
Catalan businessmen show unity to demand a turn of the helm to the Government
The Catalan businessmen for days they had been preparing the staging of a unitary and diaphanous message. After the riots of the last two weeks in the streets of Barcelona and other localities, more than 300 organizations today have demanded an end to the violence and that the Generalitat focus your efforts on economic recovery. […]
PSOE and Podemos approach positions to limit evictions but remain stranded in the rent
The blockade between Government partners continues in relation to rent. PSOE and United We Can continue without finding an agreement on the regulation of prices, the most discordant point at the moment for the members of the coalition, who are negotiating the future Housing Law. The last meeting held between purples and socialists have allowed, […]
European justice endorses the 7% tax on electricity generation in Montoro
The Court of Justice of the European Union considers that the tax on the value of electricity production is compatible with Community regulations. According to a ruling published this Wednesday, the Court points out that the 2008 Directive on the general system of excise duties does not oppose a national regulation that establishes a tax […]
Hiring a mortgage from an online bank is more comfortable … and cheaper?
Generally, when someone wants to finance the purchase of a property, they first think of going to a bank that has always been used for life. However, more and more potential buyers choose to take out a mortgage with an online bank such as Coinc, ING or EVO Banco. According to the financial comparator, it […]
The European Commission proposes to keep the Stability Pact frozen until 2023
The European Commission has proposed today to maintain the escape clauses of the Stability Pact until 2023. In this way, the rules on deficit and debt would remain frozen until the Community economy recovers. the levels it had in December 2019. The final decision rests with the capitals, but the Eurogroup is expected to make […]
Owners and opposition revolt against Armengol’s measure: “It is worrying that they want to expropriate homes”
The Balearic Government’s decision to initiate the mandatory transfer of 56 homes belonging to large owners to be used for social rents has unleashed criticism, anger and alerts among the owners themselves and local and national political opposition. They believe that such a measure generates legal insecurity, scares away investment and opens the door to […]
The merchants of Passeig de Grà cia estimate the economic losses due to the riots at more than one million euros and reproach the “ambiguity” of the Government
The Passeig de Grà cia Association, which brings together more than a hundred commercial establishments on this Barcelona avenue and its surroundings, quantifies the damage caused in its premises by the disturbances of the last two weeks after the imprisonment of rapper Pablo Hasel. The president of the entity, LluÃs Sans, has demanded this afternoon “the […]
The British Government creates an infrastructure bank and extends employment protection until September
The British Government has decided to extend its employment protection program until September, with a commitment to pay up to 80% of wages. Treasury Secretary Rishi Sunak has also announced the creation of an Infrastructure Bank, based in Leeds, as part of the recovery plan after the pandemic, which in 2020 involved a 9.9% GDP […]
Arcelor entrusts Sarralle with a 755 million euro steel company in the US that will produce steel for the automotive industry
Sarralle, the Gipuzkoan company that emerged in the 1960s in Azpeitia, will be in charge of the construction of a huge ArcelorMIttal steelworks in Alabama (USA). A major technological challenge to build a practically entirely steel which, in a second phase, will be complemented with a second line. ArcelorMIttal intends to start up its new […]
