The ECB announces the stimulus withdrawal plan: it will progressively reduce the purchase of bonds

16/12/2021 – 13:50 Updated: 14:58 – 12/16/21 The European Central Bank (ECB) has announced the end of the purchase program against the pandemic (the so-called PEPP) from March, as planned. Thereafter, debt purchases will fall by half from the current level. Under the PEPP, the institution is buying 60,000 million euros per month, to which … Read more

The United Kingdom enters an ‘unofficial’ confinement and the hotel industry asks for help before the braking

The UK has started a new unofficial lockdown. The starting shot was not given by Parliament, nor by the Prime Minister, but by England’s Chief Medical Officer, Chris Whitty, at a press conference in which he recommended that citizens minimize their movements and social encounters in the face of the uncontrolled increase in the omicron … Read more

This is the maximum amount of cash you can carry in your wallet without having to declare it

The coronavirus pandemic has increased the importance of contactless payments or by telematic means, leaving aside or as something less frequent the possession of cash in our wallet. Carrying money in your wallet, how could it be otherwise, is not illegal but there are certain limits regulated by law. Specifically, Law 10/2010, of April 28, … Read more

Notice to Santander, BBVA, Sabadell, Unicaja and ING clients: these are the commissions to be paid in December

Since the outbreak of the pandemic, with the obvious economic damage to practically all sectors, banking entities have been forced to toughen up some of your conditions as well as to install commissions in order to get higher returns from their products. A policy that has not gone unnoticed by the customers’ pocket and therefore, … Read more

The Government confirms the 2.5% rise in pensions in 2022 and extends the ‘pay’ to the beneficiaries of the minimum income

With the CPI for November confirmed at 5.5%, the Ministry of Inclusion, Social Security and Migration has corroborated what the calculations already indicated with the inflation data advanced at the end of last month: contributory pensions will be revalued in 2022 a 2.5%. The rise, which corresponds to the formula agreed with the social agents … Read more

The Fed doubles the pace of its buying cut and anticipates three rate hikes in 2022

New York 15/12/2021 – 20:05 The last 2021 meeting of the Federal Reserve Open Markets Committee (FOMC) did not leave anyone indifferent. The body in charge of dictating monetary policy in the United States announced on Wednesday its intention to accelerate the withdrawal of its stimuli in the face of the continuous onslaught of inflation. … Read more

Ibercaja attracts 4,000 new companies

Zaragoza 15/12/2021 – 18:40 Ibercaja has attracted 4,000 new companies in the first year after the creation of a specialized area in this customer segment, as announced this Wednesday by the entity’s Director of Business Banking, Teresa Fernández, at a press conference with the head of Business Banking Strategy, Toño Ruiz. This growth has occurred … Read more

The Government yields to the CEOE: the companies and not the collective agreements will fix the temporary positions

14/12/2021 – 12:01 Updated: 13:13 – 12/14/21 The Government yesterday presented to unions and employers a new draft of the labor reform, dated December 13, which, like the previous one, is limited to changes in articles 15 (duration of the employment contract) and 16 (discontinuous fixed-contract). Among the main changes of the new proposal, in … Read more

The shortage of workers affects all sectors and companies already fear a general increase in wages

14/12/2021 – 13:16 Updated: 14:08 – 12/14/21 The lack of workers is beginning to be a reality in most business sectors of the Spanish economy. According to the activity survey of the Bank of Spain, the percentage of companies with difficulties in recruiting employees soared from 13.2% to 27.2%, in the last quarter of the … Read more