The CPI remains at 2.7% in June, its highest rate in four years, due to electricity and food prices. The Consumer Price Index (CPI) rose by 0.5% in June compared with the previous month and placed its year-on-year rate at 2.7%, the same as in May and one tenth of a percentage point higher than at the end of last month, according to data published today by the National Statistics…
Fernando G. Urbaneja | The leader of the PP, Pablo Casado, is floundering as head of the opposition between the harsh discourse (with one eye on VOX) and the responsible one, with the other eye on Moncloa. He wants to appear as a reliable leader to govern, but also as a tough guy in the face of his adversaries. And little by little, he is sliding more towards the latter…
Inditex (ITX) today holds its Annual General Meeting of Shareholders where, amongst other matters, it will approve the payment of a gross dividend of 0.70 euros per share. This will be divided into an ordinary dividend of 0.22 euros gross per share and an extraordinary dividend of 0.48 euros gross per share. On the occasion of the AGM, in an interview with the newspaper Expansión, Inditex Chairman, Pablo Isla, gave…
Fernando González Urbaneja | Pedro Sánchez has completed three years at the head of the government after success in a no confidence vote and two general elections, with sufficient majorities following coalitions of varying intensity with other groups on the left. Over the course of 37 months he has appointed 38 people to ministerial portfolios, some with long and novel names. He has had ministers for days, months and just over a year. Of the initial seven he has seven left, and tomorrow he receives another seven newly appointed. There is no precedent for such ministerial combustion.
Cellnex has closed the purchase of 99.99% of Polkomtel Infrastruktura, the Polish telecommunications infrastructure subsidiary of Cyfrowy Polsat. The investment is for €1.6 Bn, which will go with an additional deployment programme of up to 1,500 sites.Cellnex, which with this transaction makes Poland one of its main markets, will invest a further €600 M over the next 10 years in active equipment, mostly for 5G deployment.
In 2020, 106 of the 134 listed companies based in Spain presented non-financial information about the 2019 tax year, i.e. 79% of companies, up 9 points over the previous year (70%), according to a report by the Sustainable Development Goals (SDG) Observatory entitled “The importance of the 2030 Agenda in the post-coronavirus landscape”.
Fernando González Urbaneja | Nutrition, the correct and recommended nutrition to preserve health, deserves a debate and an ambitious, high-level strategy. Michelle Obama dedicated a good part of her activism as “second lady” to this cause, correct infant nutrition. It was not with an occasional video and a few colourful statements, but she also proposed a strategy and a policy of greater range and scope. And from international organisations, especially…
Indra has signed contracts worth €100 million to equip the 38 Eurofighters the German Ministry of Defence has acquired as part of the Quadriga programme, with the latest generation systems that will ensure the aircraft’s superiority for decades to come. The firm will develop and produce, in consortium with German sensor supplier Hensoldt, the new ESCAN Mk1 electronically scanning radar.
With 27.5 GW of installed power on land, Spain is the fifth largest country in the world, behind China, the USA, Germany and India. It also has a shipbuilding industry, a maritime-port sector and technological and engineering capabilities that have already made the country an international benchmark in the value chain of offshore wind installations. However, offshore wind as a technology has hardly been developed in Spain due to the high depth of territorial waters for projects with fixed foundations -inviable from a depth of 50 metres.
Last May, 9,570 new companies were created in Spain, the highest figure for a month of May since 2007, according to data from the National Statistics Institute (INE). This was more than double the number created in May 2020. That said, INE recalls that in May last year the number of companies incorporated, which increased capital or were dissolved “was exceptionally low” due to the declaration of the first state…