The Chairman of Banco Sabadell, Josep Oliu, will leave his executive duties with the incorporation of Casar González Bueno as the new CEO to replace Jaume Guardiola, who retires after thirteen years as chief executive of the entity. The information has been advanced by the newspaper El PaÃs. The changes in the leadership of Banco […]
Tag: Portugal
The eurogroup gives the green light one year later to the reform of the Mede and the firewall of the Bank Resolution Fund
After 12 months frozen in a drawer, the Ministers of Economy and Finance of the EU have given finally green light for the reform of the Mede, the European Stability Mechanism. Conceived in 2012 as a rescue instrument, the Mede had run out of tasks, underused. So the States decided to give it a roll. […]
Dive into a cloud pool or swing on a donut: Open the happiest museum
“We are the dreamers of dreams” said Willy Wonka’s character in Roald Dahl’s mythical book ‘Charlie and the Chocolate Factory’ and in the novel he had a special place to make it possible: a full factory of Candys. Now a museum designed to be happy lands in Spain, also with many goodies and activities that […]
Liberty Seguros appoints Juan Miguel Estallo CEO
Liberty Insurance has appointed Juan Miguel Estallo new executive director, with the approval of the board of directors of the company and subject to approval by the regulator. Estallo will oversee the West European Market, which includes Spain, Portugal, Ireland and Northern Ireland, replacing Tom McIlduff, who recently announced his departure from the company. McIlduff, […]
Brussels gives the go-ahead to the Budgets of Spain although it sees its fiscal stability at risk
Okay, but with caveats. The European Commission has supported this Wednesday the Spanish budget draft for 2021, sent a month ago, but expresses its concern for “long-term fiscal sustainability”, the high level of public debt and the fact that “the challenges for the real economy and the financial sector have increased”. All community partners, without […]
Germans trade Mallorca for Greek islands and Portuguese coast
TUI’s advance to reactivate German tourism in Mallorca is not going to pose any earthquake for the sector. The tour operator hopes to bring a few hundred tourists to the island from here to the end of the month, a modest number and restricted by Angela Merkel’s own recommendations., which is advising its citizens not […]
Ryanair reduces its winter offer, will close some bases and warns: “There will be layoffs”
As the second wave of the pandemic advances in Europe, airlines continue to reduce their flight offer looking forward to the next few months. The low cost Ryanair, the one that moves the most traffic in Spain, has already cut its autumn schedule and has revised the winter schedule (November-March), which will go from […]