The Barcelona Chamber of Commerce ask the government that destined to Cataluña a quarter of direct aid to Business Y autonomous affected by the restrictions decreed to contain the Covid pandemic. The aid plan approved by the Minister council last week is divided into 3.000 million euros for the financial debt restructuring fund, 1.000 million […]
Tag: Minister council
Podemos puts more stress on the design of government aid and requires that at least 8,000 of the 11,000 million be direct aid
Unidos Podemos has once again stressed the design of the aid plan announced by Pedro Sánchez even before this fund of 11,000 million euros has been approved by the Council of Ministers, something that will happen, in principle, this Tuesday . Thus, the Vice Presidency of Social Rights of Minister Pablo Iglesias has prepared a […]
2021 worsens the textile crisis: the big ones are sustained thanks to the online sale but the small ones are dying
If part of the Spanish textile sector is weathering this pandemic without reaching ruin, it is because they had a strong online channel that has allowed them to save furniture. Inditex, which presents its annual results tomorrow, will end 2020 with benefits, but with a cut in it of 60%, according to analysts’ forecasts, while […]
SEPI rescues Duro Felguera with 120 million
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 […]
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 […]
The bankruptcy of Abengoa unleashes a political war: the Government points to the banks and the Board
The Minister for the Government, MarÃÂa Jesús Montero, has defended the Government’s actions in the case of Abengoa’s bankruptcy and has pointed out other participants in its rescue, including the banks and the Board, as possible responsible for the situation. In Montero’s opinion, the Ejectuvo has done “its duties and tasks” to maintain the viability […]
The Government extends the divestment period in Bankia by two years
The Council of Ministers has extended the deadline for the third time divest your stake in Bankia. This time, in two years (that is, until December 2023). The idea is to maximize the recovery of the public aid it injected. The Government Spokesperson MarÃÂa Jesus Montero has communicated the decision in the press conference after […]
The industry asks Maroto for protection against the blow by the renewable fund that Transición Ecológica is preparing
Large industry has intensified its pressure on the minister Reyes Maroto so that it tries to stop or at least mitigate the impact that, according to the report, the sector will involve the approval of the National Fund for the Sustainability of the Electric System on its already precarious international competitiveness. Several of the main […]
The crisis leaves a fiscal ‘gap’ of 1.8 billion in Hydrocarbons in the middle of the debate on fuel taxes
The slump in economic activity in 2020 led to an unprecedented drop in tax revenue due to the Hydrocarbon Taxes. Confinement, the rise of teleworking and restrictions on movements during vacations and long weekends significantly reduced the use of private vehicles, consequently, fuel consumption. Also of the airplanes, weighed down by a collapse of the […]
The Government approves a subsidy of 430 euros for the unemployed who have exhausted their unemployment benefit
The Council of Ministers approved this Tuesday a subsidy for the unemployed who exhausted all unemployment benefits during the months of confinement with an amount of 430 euros for three months, according to government sources. The measure is one of those demanded by the unions already in the declaration of the first state of alarm […]