In Spain

OCDE recurso TC

OECD lowers 2024 growth forecast for Spain to 1.4% and calls for greater fiscal adjustment

The OECD has revised down to 1.4% its economic growth forecast for Spain in 2024, a figure well below the 2% expected by the government. In its half-yearly Outlook report published on Wednesday, the Organisation for Economic Co-operation and Development (OECD) sends a clear message to Pedro Sánchez’s new government: further budgetary adjustment is needed to keep public debt under control. The report stresses that “stronger and sustained fiscal consolidation…

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Telefonica nubecillas

Telefónica España and trade unions begin negotiation of Collective Agreement for Related Companies, as well as voluntary redundancy plan

Alphavalue / Divacons | The National Markets and Competition Commission (CNMC) has opened for public consultation its proposal to deregulate the nine high-performance submarine broadband connection routes where Telefónica is obliged to offer other trunk line operators at prices determined by the CNMC, the agency said in a statement yesterday. In addition, it was reported in Cinco Dias that Telefónica España and the unions are to start negotiating today the…