Chris Lawrence 
The European Central Bank (ECB) describes as “disproportionate” the reduction to 1,000 euros of the limit of cash payments in which a party acts as a professional or company within the framework of the legislation for the prevention and fight against tax fraud in force in Spain since July 2021, according to an opinion from … Read more
Madrid 30/03/2022 – 17:41 The associations responsible for service stations are overwhelmed. The lack of information on the Government’s plan to curb the rise in fuel prices is being a real headache for the sector and the gas stations cannot bear the cost of a measure that begins to be applied on April 1. Faced … Read more
30/03/2022 – 10:39 Updated: 14:58 – 03/30/22 The German government has declared the “early warning” level of its energy emergency plan in the face of the risk of a possible cut in Russian gas supply as a result of the refusal to comply with Moscow’s demand to pay in rubles for the fuel. This alert … Read more
30/03/2022 – 9:02 Updated: 09:37 – 03/30/22 New inflation record. The Consumer Price Index (CPI) stood at 9.8% year-on-year in March, its fifteenth consecutive positive rate and the highest level since May 1985, according to provisional data published this Wednesday by the National Institute of Statistics (INE). If the data is confirmed, which will be … Read more
Pablo Isla bids farewell with the discretion he has shown for the last 17 years at the helm of the largest textile empire in the world. With a shy profile and contained manners, he contrasts with the stridency of the sector he represents, that of fashion. Born in Madrid, he has made his own that … Read more
The Spanish Gross Domestic Product reached 1.2 trillion euros in 2020. Elon Musk could reach that same amount by 2024, compared to the current 277.3 billion. Currently there are nine people in the world with fortunes greater than 100,000 million of euros, and that aspire to reach one billion in a few years, but who … Read more
The ruble is making a strong comeback as peace talks progress, and is already on the verge of erasing all the losses it suffered in the weeks after Western sanctions invaded Ukraine, though it still has some way to go. The currency has strengthened in 13 of the last 14 sessions, offsetting most of the … Read more
Madrid 20:00 – 29/03/2022 From the maximum reached by the barrel of Brent on March 8 above 130.2 dollars, the price of oil has ranged between 100 and 120. If the war and the pressure of inflation have boosted prices, the outbreaks of Covid have threatened economic recovery and global consumption, as can be seen … Read more
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