Articles by Carlos Díaz Guell

About the Author

Carlos Díaz Guell
Editor at consensodelmercado.com and innovaspain.com, Carlos began his career in financial journalism as founding member of El País. He's been communications director of Bank of Spain, member of the ECC at the European Central Bank, Institutional Relations director at Iberia and editor at La Economía 16 magazine.
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Spanish Politics: Ten Lost Months

Mr Rajoy has appointed his new cabinet ministers on Friday. When we talk about governance in Spain, with what is clearly a minority government, the socialist party’s participation in this future looks inevitable. And only then will we witness its capacity for reinvention and getting past the slogans.


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Spain’s Tax System Sometimes Borders On Confiscation

A few weeks ago Spanish soprano Ainhoa Arteta let loose and made some harsh comments to the press, complaining that the Inland Revenue is “crushing” her with taxes. And once again everyone is betting the government will implement tax hikes to provide a solution for the 5 billion euros imbalance in the public deficit and comply with the 3.1% target demanded by the European Commission.

 


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Spain’s Employers Organisation, Trade Unions Negotiate Wage Rises

Everyone seems to agree that salaries need to be increased in order to activate and maintain economic growth. That said, the differences between trade unions and businessmen is abysmal. And even though Spain’s economy may be growing at 3.1% in 2016, the country’s average wage has barely risen by 232 euros over the last 15 years.


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The UK Four Months On From Brexit: “The Worst Is Yet To Come”

It’s not even four months since the UK referendum on remaining in the European Union, resulting in the successful vote for what is known as Brexit. The questions on which Great Britain wants to base its exit negotations from March 2017 are being able to maintain all the advantages of an EU member, like the freedom of movement of goods and capital, while still controlling its own borders.


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Is Spain’s Tourism Sector Reaching Its Limits?

The latest figures from Spain’s airports manager AENA, reflecting the importance of the tourism industry, support the estimations given by the Secretary of State for Tourism,  which point to a total of 74 million international tourists by end-2016. If the predictions are confirmed, there will be eight million more international tourists visiting Spain in 2016 compared to a year earlier, when there was a record number of 68 million. But can Spain’s tourism regions survive this widespread growth?



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Let’s Have More Chinese Investment In Spain!

ACS has recently agreed to sell its environmental services subsidiary Urbaser to Firion Investments, the investment fund participated by China Tianying, for between 2.212 and 2.463 billion euros. This operation will not only allow ACS to reduce its gearing, but it will also put Spain on the world map of Chinese investments.


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Amazon/DIA: An Alliance Which Poses Lots Of Questions

Would a Spanish housewife buy a hake without looking at its eyes and the colour of its gills beforehand? This question will soon be answered following the alliance reached between US e-commerce giant Amazon and the distribution chain Dia.

 

 



Spanish trade unions

European Court Of Justice Makes Spain’s Trade Unions Blush

The European Court of Justice’s recent ruling on the conformity of Spanish legislation with regard to compensation for temporary workers whose contracts are terminated is a serious setback for the country’s trade unions. The number of workers who may be affected by the European Court of Justice’s ruling is very high. It could have an impact on the almost 4 million temporary contract workers in the country, of which 300,000 are interim staff in Spain’s administration.