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Posts tagged with the keyword: ‘finances’

The Fight against Poverty – Government Agreements

The Fight against Poverty – Government Agreements

The Council of Ministers once again focused its attention on those social groups most affected by the economic crisis and those in a more severe situation of social vulnerability. Therefore, approval was granted for those measures that will best enhance and support this year’s National Action Plan for Social Inclusion.
The First Vice-President of the Government, [...]

Austerity measures driving unrest

Austerity measures driving unrest

A wave of industrial and social unrest is building across Europe as workers resist attempts by governments and private companies to impose austerity policies, drive down wages and rescue some nations from near-bankruptcy.
Huge protest rallies took place in cities across Spain yesterday; today a general strike could paralyse Greece while industrial action at French airports [...]

Spain public debt still manageable-OECD’s Gurria

Spain public debt still manageable-OECD’s Gurria

Spain´s public debt is still at manageable levels, and less than the OECD average in relation to GDP, but it must be brought be under control, OECD Secretary General Angel Gurria said in Madrid on Tuesday.
He also said Spain´s debt situation is not comparable with that of Greece.
“I believe that the situation with Greece´s debt [...]

Spain braced for general strike

Spain braced for general strike

Spanish trade unionists will pour on to the streets to protest against Socialist prime minister José Luis Rodríguez Zapatero´s attempts to reform a moribund economy that has left one in five Spaniards out of work.
Marches are due in Madrid, Barcelona and Valencia in a show of union muscle designed to head off reforms to both [...]

In Spain, Debt Collectors Use Public Shaming to Extract Payment

In Spain, Debt Collectors Use Public Shaming to Extract Payment

Embarrassed when a man in a tuxedo and top hat follows you into a restaurant and silently joins your lunch date?
Mission accomplished.
Mortified when a trio of rotund men dressed as superheroes asks your neighbors for donations to help your financial situation?
Juan Carlos Granda sees his job as almost done.
The recession has hit Spain hard, with [...]

Spanish Treasury launches 15-year bond issue

Spanish Treasury launches 15-year bond issue

The yield is set at 4.66%, and the issue amount is 5,000 million euros.
The Public Treasury has launched a syndicated issue of 15-year bonds with a coupon rate of 4.65% and maturity in July 2025. The yield of this issue is 4.66% and the issue amount is 5,000 million euros.
The transaction has been well received [...]

Pain in Spain could fall on British companies

Pain in Spain could fall on British companies

Britain´s exposure to the financial turmoil sweeping through southern European economies could be far greater than previously thought, according to data seen by the Guardian.
Despite relief that Britain´s decision to stay out of the euro has avoided the kind of budgetary crisis brewing in Mediterranean nations, figures showing that UK sales to Spain, Britain´s seventh-largest [...]

Offshore tax havens: Spain

Offshore tax havens: Spain

It is perhaps not surprising that Spain, a long-standing favourite for expats, remains the most popular destination for Brits moving overseas. It has a warm climate, is easy to get to thanks to low budget airlines – and it already has a large expatriate congregation which can in itself be an appeal to many.
It has [...]

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