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Tag: World

Banks start the ‘green’ race to decarbonise 12,000 million euros of their balance sheet before 2030

Banks start the ‘green’ race to decarbonise 12,000 million euros of their balance sheet before 2030

Banks have started the great race towards the decarbonization of their balance sheets to adapt to the objectives of the fight against climate change and reduce their exposure and risk to the sectors and companies that postulate themselves as big losers of the great ‘green’ revolution . In the last two weeks, Santander and BBVA […]

The employer Foment del Treball accuses Pere Aragonès of “making fun of and degrading the Generalitat” with his absence at the Seat event

The employer Foment del Treball accuses Pere Aragonès of “making fun of and degrading the Generalitat” with his absence at the Seat event

New touch of business attention to Govern. Josep Sánchez Llibre accuses Pere AragonÚs of “making a fool of himself and degrading the institutional role of the Generalitat”. The president of Work Promotion has reproached today, with these words, the absence of the Catalan Executive in the act of last Friday at the Seat facilities, in […]

The European Commission proposes to keep the Stability Pact frozen until 2023

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 […]

Citi: Bitcoin is at a tipping point and could become the world’s reserve currency

Citi: Bitcoin is at a tipping point and could become the world’s reserve currency

Citi analysts believe Bitcoin is at a “tipping point” and may one day become the “currency of choice” for international trade. In recent months, companies such as Tesla and Square have invested in it, and the largest banks have begun to explore the possibility of issuing their own cryptocurrencies, writes CNBC, citing Citi’s research note. […]

Podemos and Sánchez’s partners threaten the PSOE with a proposed alternative housing law if it does not regulate rent

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 […]

Guindos warns governments that stimulus must be withdrawn carefully to avoid bankruptcies

Guindos warns governments that stimulus must be withdrawn carefully to avoid bankruptcies

Luis de Guindos It has warned governments of the danger of withdrawing the stimulus, as this could lead to a wave of bankruptcies or insolvencies in companies that could end up infecting the financial sector. The vice president of the European Central Bank has participated in a meeting organized by IESE in which he has […]

IAG loses 6.9 billion in 2020 due to the pandemic

IAG loses 6.9 billion in 2020 due to the pandemic

IAG, the group that owns airlines such as Iberia, British Airways or Vueling, lost a total of 6,923 million in 2020 Euros due to the collapse of air traffic as a result of the pandemic. In 2019, it had obtained a profit of 1,715 million euros, according to the group this Friday. The various restrictions […]

The EU aspires to have a vaccination certificate before summer, but there is no agreement on how it would be used

The EU aspires to have a vaccination certificate before summer, but there is no agreement on how it would be used

The EU aspires to have a digital certificate of vaccination, or at least to develop all the criteria and technical work necessary, before the summer. It will not be easy there are many doubts and misgivings, and the President of the European Commission, Ursula von der Leyen, has encrypted this Thursday, after a Summit by […]

The bankruptcy of Abengoa unleashes a political war: the Government points to the banks and the Board

The bankruptcy of Abengoa unleashes a political war: the Government points to the banks and the Board

The Minister for the Government, María 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 […]

One in three companies no longer expects to recover their pre-crisis level of income until at least 2023

One in three companies no longer expects to recover their pre-crisis level of income until at least 2023

The bad economic start to the year has raised the pessimism of Spanish companies about the potential recovery of their billing levels prior to the outbreak of the pandemic. More and more companies do not foresee to recover their sales until next year or even from 2023, according to a survey carried out by KPMG […]