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In Spain

nuclear trillo station

Spanish economy 2nd August 2018

Spanish Electricity Companies Can´t Agree On The Useful Life Of Nuclear Power Stations: 40 Or 50 Years?

The Spanish government intends to close down Spain´s nuclear power stations as they complete 40 years of useful life, a period which comes due in 2028. Endesa, as of now the major nuclear operator in the country, considers it “impossible to dismantle all the power stations at the same time” as the 40 years is completed. On the contrary, Iberdrola goes along with the government’s theory and sees that it is “perfectly practical”, and will have no impact neither on the supply  nor prices.

Retail interest rates are high compared to other Eurozone's countries

Spanish economy 1st August 2018

The “Usurious” Interest Rates Of Spanish Banks

Miguel Navascués | The high retail interest rates in Spain, over 8% compared to at least 4% in France and other Eurozone countries, without doubt indicates usurious behavior, of the banks’ abuse of power at the expense of the customer, who on the other hand ought to inform and educate himself and refuse to pay these rates. I would say that, in fact, there is an oligopolistic factor in Spanish banking which stamps its slant on the interest rates it charges.

The presence of state subsidiesincreased during the first years of the economic crisis

Spanish economy 27th July 2018

State Subsidies To Companies Fall 84% In Spain

Aids and subsidies from public administrations to Spanish companies have fallen by 42% to 1.201 billion euros, according to the ratings agency Axesor. Central administration aids were reduced by 84% to 144 million euros, while the rest (1.057 billion euros) are coming from the autonomous regions. The presence of the state increased during the first years of the economic crisis, but from 2012 there was a change.

The weight of investment in intangible assets draws attention in modern world

Spanish economy 24th July 2018

85% Of Productive Investment In Spain Remains In Tangible Assets

J.L.M. Campuzano (Spanish Banking Association) | In a modern world ever more dominated by technology and the growing digitalisation, the performance and weight of investment in intangible assets draws attention. We are talking about software and R&D, but also about data and whatever activity that generates property rights and economic competences, including publicity and staff training

There have always been two debates about RTVE: financing and the nomination of its board which, in theory, should govern it.

Spanish Politics 23rd July 2018

Good Governance For Spanish Public Television

There have always been two debates about the Spanish Public Television: financing and the nomination of its board which, in theory, should govern it. Experience says that it doesnt govern it, that the board is a scene for political party confrontation which adds no value, on the contrary.

The debt of Rajoy and Sanchez

Spanish economy 16th July 2018

The Debt of Rajoy and Sanchez

From 2019 it is possible that Spain will have difficulties financing its public debt, which is definitely not only the official figure of 98.3% of GDP. Rajoy’s increase of this debt by €649 billion has been financed at very low interest rates, thanks to the ECB’s quantitative easing. On the other hand, Pedro Sánchez has announced substantial spending increases, which will inevitably increase debt in 2019.