And a minister, Oscar Puente, replies that it is he who is “on the fringes of the PSOE”. “I win elections. I would like others to do the same” (to avoid having to make shameful pacts to keep the PSOE in La Moncloa), said García Page, socialist president of Castilla La Mancha. García Page assures, against the new doctrine of the Government and the PSOE, that “there is no good…
Link Securities| In relation to the application for authorisation of the voluntary takeover bid launched by Manzana Spain Bidco, S.L. U (Offeror) on all the shares of Applus (APPS), filed, published and which was authorised by the National Securities Market Commission (CNMV) on 17 January 2024, the Offeror informs that on 23 January 2024, by virtue of four sale and purchase agreements entered into with holders of Applus shares and…
BancaMarch: The Governor of the Bank of Spain (BdE) warns of the medium-term risks to the tourism sector and the conditions necessary to maintain competitiveness. Pablo Hernández de Cos spoke at the 10th Tourism Innovation Forum, referring to the importance of an economic policy framework that favours legal certainty. In a context of high growth in unit costs, which particularly affects a labour-intensive sector, coupled with falling productivity, this could…
The amnesty law is closed with a legal trick that consists of distinguishing different degrees in the crimes of terrorism. Those accused of this crime will be exonerated if there was no “direct intent” to provoke “serious human rights violations”. This inclusion of terrorist crimes within the perimeter of the amnesty law as long as “manifestly and with direct intent” the terrorists have not caused “serious violations of human rights”…
Link Securities | The railway manufacturer informed the National Securities Market Commission (CNMV) yesterday that, following the latest acquisitions reported yesterday, it has reached the maximum monetary amount established in the Buyback Programme, having invested €9,999,521.35 and acquired a total of 2,517,562 shares representing 1.99% of Talgo’s share capital. Thus, the company announces the completion of the Buyback Programme. Talgo is currently bidding for a contract from state-owned operator Deutsche…
And this year the State will once again come to the rescue of the pension system with an injection of €43,000 million in order to be able to meet the promised payments. At the end of September, the Social Security coffers accumulated a debt of €106 billion euros, almost four times more than the €27 billion it had at the end of 2017. And that is before taking into account…
The number of public administration workers has risen by 10.7%. This is after the statistics compiled by the Civil Service Department added 294,000 workers with temporary or very short-term interim contracts, as well as trainees. Although the adjustment was made when these competences depended on the Ministry of Finance, it only became known when they were transferred to the Ministry of Digital Transformation, headed by José Luis Escrivá. The new…
Link Securities| The holding company IAG plans to invest €6 billion in Spain over the next five years to renew its fleet and advance its commitment to decarbonisation, Expansión newspaper reported on Friday. This is one of the messages conveyed by the airline group’s CEO, Luis Gallego, to Prime Minister Pedro Sánchez at their meeting in La Moncloa. IAG has already invested another €5 billion in the last five years….
Alphavalue / Divancons| Home sales and purchases recorded a 15.1% drop last November compared to the same period last year, to a total of 46,888 transactions, their lowest figure for this month since 2020, against a backdrop of higher interest rates. These figures put the annual cumulative fall in transactions up to November at 9.3%. By type, 19% of the dwellings transferred by sale and purchase were new and 81%…
Link Securities| The Minister of Transport and Sustainable Mobility, Óscar Puente, sees it as “inexorable” that Aena (AENA) will be authorised to raise airport taxes by 4.09% as of 1 March, according to the newspaper Expansión. “It is a listed company and we must apply the rules that we have given ourselves, for legal certainty”, he said during his speech at an event of the New Economy Forum. This increase,…