Plus Ultra

Sánchez: Non Plus Ultra

J. L. R. Zapatero, the former Prime Minister, was thrown under the bus yesterday after being pointed out by his nominee, Julio Martínez, and by the owner of the airline Plus Ultra, for receiving over half a million euros to facilitate the government’s rescue—through SEPI—of the company in the spring of 2021… And for announcing it to them before it was even approved by the Council of Ministers. In respective…

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Crédito y CauciónCrédito y Caución
IMG 20260721 111656

EC to reduce mandatory sustainability reporting requirements for companies by more than 60 per cent

These changes are also expected to reduce reporting costs by more than 30 per cent per company, in line with the Commission’s objective of reducing the burdens associated with reporting requirements by 25 per cent. Consejeros Editorial Team On 3 July, the European Commission adopted the revised European Sustainability Reporting Standards (ESRS), including a voluntary reporting standard for small businesses, with the aim of improving transparency and reducing the administrative…

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Banner CIR, junio 2022

oil plataform

With MoU formally terminated and Strait of Hormuz virtually paralysed, Brent crude rises above $90/barrel

Report by Renta 4 Flat opening (Eurostoxx futures down 0.2%, S&P unchanged, Nasdaq up 0.2%), whilst in Asia Japan is closed today and South Korea is seeing a rebound from Friday’s falls (of 4%). Today, Burnham is set to be appointed British Prime Minister. On the geopolitical front, this marks the ninth night of US strikes against Iran, with targets extending beyond strictly military sites (bridges, infrastructure, ports), a sign…

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interviews

rosa garcia consejera caixabank acerinox ence

“Many companies complicate CSRD implementation more than necessary”

Rosa Mª García Piñeiro, board member at Caixabank, Acerinox, and Ence—serving as chair of the sustainability committee for the latter two and as a committee member at Caixabank—explains that “the directive does not set the materiality threshold. The company decides it based on its own criteria. There is nothing in the legislation that prescribes what is material and what is not. The auditor-verifier may have one opinion, the company may…

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antonio bonet

“We need to approach negotiations with the U.S. on terms that are completely different from those currently being proposed”

Says Antonio Bonet, president of the Club of Spanish Exporters and Investors. He points out that “Europe has a single tariff applied by all member states, but the U.S. applies a tariff to each country, meaning it can decide that the tariff applied to Spanish black olives is higher than that for Italian olives, as it did at one point. So there is a part of the negotiation between Europe…

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