Business News & Financial News

In Spain 8th July 2026

Fourteen out of fifteen autonomous communities reject new financing model to be approved by government with sole backing of Catalonia

Two autonomous communities governed by the PSOE—Asturias and Castilla-La Mancha—have announced they will vote against the new regional financing system, leaving the Government to attempt to pass it with the support of just a single region, Catalonia, out of the 15 common-regime territories. With this stance, combined with that of the regions governed by the PP, there are now 14 regional finance ministers (consejeros) opposing the new financing model. The…

In Europe 1st July 2026

Eurozone inflation cools more than expected, standing at 2.8% in June

Reported by Consejeros Editorial Team Inflation in the Eurozone offers some respite. In June, the Consumer Price Index (CPI) stood at 2.8%, down from 3.2% in May and below expectations, according to the preliminary estimate published by Eurostat, the statistical office of the European Union (EU). This was driven by a moderation across all components, particularly energy. Specifically, energy prices rose by 8.7%, well below the 10.8% recorded the previous…

inteligencia artificial aplicacion 1887x1061 1

In the World 8th July 2026

AI being integrated slowly into board agendas, according to IESE study

Reported by Consejeros Editorial Team The findings of the 2026 Survey on Boards of Directors, conducted by the Centre for Corporate Governance at IESE Business School, conclude that 55 per cent of board members believe that AI is not yet delivering tangible results for their companies. Furthermore, only 36 per cent of respondents state that their board addresses this issue just once a year, whilst only 15 per cent say…

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…

“We are one of Europe’s leading R&D investors: €1.45 billion last year”

“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…

…in the last week