The Generalitat’s budgets for 2021 will exceed 25,000 million euros for the first time, supported by a revenue forecast that, in terms of tax collection, already reflects the negative impact of the current economic crisis derived from the pandemic. To the extent that for the main tax managed by the Generalitat, and which is closely […]
Tag: Valencian Community
Money from the ‘correbous’ to alleviate the effects of the coronavirus crisis
Forced to alter or suspend their patron saint festivities due to the coronavirus crisis, several Catalan municipalities have canceled the traditional ones this year correbous and they have allocated the budget items for bullfighting festivities (which amount to 850,000 euros per year throughout the community, according to animal groups) to measures against the effects of […]
Nightlife adds 800,000 euros in losses with its ‘blackout’ due to the virus
The inactivity imposed on nightlife by the coronavirus has left an economic hole of great depth in the box of the sector. The premises that, without the pandemic, concentrated hundreds of young people weekend after weekend in crowded spaces, now have the door shut tight. For the public administration, your activity is incompatible with the […]
The unknown of the underground of the Central Park tracks in the State Budgets
The draft General Budgets of the State submitted by the central government still contains, more than 24 hours after its presentation, a large unknown that directly affects the city of Valencia. The in-depth analysis of the document has deciphered the incorporation of 420 million to free the Navy from the credit that released its accounts, […]
Puig asks to participate in the “design” and “application” of European funds for European reconstruction
The economic recovery has become one of the fundamental axes of Ximo Puig’s management and he will transmit it to all the participants of the Conference of Presidents. The head of the Consell will express the will of the Generalitat Valenciana to actively participate in both the design and the application of European funds for […]
Investment funds, hunting for hotel bargains on the Valencian coast
The delicate situation of the national tourism sector, with an estimated drop in sales of almost 80% According to the latest survey of prospects by Exceltur, it has put Spanish hotels in the spotlight of international investment funds, which want to acquire a real estate park in Spain at a good price, taking advantage of […]
Castellón: fewer new companies and more bankruptcy proceedings
The commercial statistics for the third quarter of the Association of Property and Mercantile Registrars is marked by the effects of the Covid, at least in the province of Castellón, where the creation of companies falls while the effect of bankruptcies increases in the whole of the Valencian Community. Castellón is the only province in […]
The nightlife calls for a “crash plan” to prevent its disappearance after applying the curfew
“We are going to disappear”With this direct message, the president of the Leisure, Tourism, Gambling and Recreational Activities Federation (Fotur) has diagnosed the future of nightlife in the Valencian Community. Vector rez has urgently called for “a rescue plan to protect the 2,500 companies and more than 20,000 workers in the leisure sector” Faced with […]
Tourism is entrusted to the communities to “save Christmas and get to Easter”
 The fact that the Government wants to extend the declaration of the state of alarm until May to curb the second wave of the pandemic throws more uncertainty about the Christmas tourist campaign and even Easter. The sector believes that what worries the most is the announcement of the deadline because it deters international tourists. […]
The Valencian Community will be one of the fastest growing in 2021 but without recovering pre-Covid levels
 The summary of the economic horizon that is looming could well be the following: the regions that in this year of the pandemic have managed to withstand the storm somewhat better will see a weaker recovery in 2021. It is one of the conclusions of the BBVA Research Regional Observatory for the fourth quarter, which […]