Chris Lawrence Barcelona officially presented this Tuesday its election as venue for the America’s Cup of Sailing in 2024after convincing the organizers with a candidature of 70 million euros of public-private contribution with whom you expect a local economic impact of 1,000 million. The proposal, worked against the clock in three months after detecting the “opportunity” of … Read more
The reform of the electricity market that the Government is preparing to contain the escalation in electricity prices will exclude almost two thirds of the supply points in Spain. In this way, about 20 million customers, of the around 30 million there are, will not immediately see the cut in the rate that the Executive … Read more
Barcelona 28/03/2022 – 14:14 The Ibex Small Cap, which is the stock index that brings together the small-cap listed companies of the four Spanish stock markets, is attacking in the short term the highs of the year that it reached in the middle of last January at 8,630 points, which it is a horizontal resistance … Read more
As of April 6, all Spanish taxpayers have the option of submitting their Income Tax returns to catch up with the Treasury regarding Personal Income Tax. A tax liability that, however, in some cases is not mandatory. Although the number of taxpayers in Spain is high (in the past year the Tax Agency received more … Read more
New surreal twist to the peace negotiations to try to put an end to the Russian invasion of Ukraine. As reported by the Wall Street Journalcorroborated by the intelligence firm Bellingcat, the Russian government tried to poison several members of the Ukrainian delegation in one of the negotiation sessions, together with the Russian businessman Román … Read more
Madrid 28/03/2022 – 13:26 The price of fuel at some service stations low cost of Spain today registers a strong increase, from 15 and 30 cents per liter, coinciding with the Government’s announcement to extend the aid of 20 cents per liter of fuel to all drivers. The rise is recorded at some gas stations … Read more
Treasury bonds continue to suffer sharp falls this Monday and send clear signals of alarm to the markets (when the two and ten year bonds are reversed, the arrival of a recession is almost certain). The fall in the price of bonds (rise in interest) has caused the inversion of a part of the curve … Read more
28/03/2022 – 10:26 Updated: 14:11 – 03/28/22 The Government has proposed a five-axis shock plan for the next three months with which it seeks to cushion the effects of the war in Ukraine on the economic recovery of Spain and on the well-being of citizens, in the midst of rising inflation. Among the measures, the … Read more
The maximum marginal rate of Personal Income Tax (IRPF) now exceeds 50% in seven autonomous communities. The Valencian Community (54%), Asturias (50%), Cantabria (50%), the Canary Islands (50.5%), Catalonia (50%), La Rioja (51.5%) and Navarra (52%) impose income add a tax that exceeds half of the income. The Valencian Community is the Spanish region with … Read more
The Ministry of Ecological Transition is finalizing a temporary reform of the electricity market to try to contain the runaway prices of electricity. The measure, announced for this coming Tuesday, will be delayed for several weeks, as the vice-president herself, Teresa Ribera, has recognized, until it manages to pass the examination of the European Commission. … Read more