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made europe

Spanish economy 21st May 2021

The European Industry, Led by Iberdrola And Telefónica, To Recycle 5 M Jobs, Some 25% Of The Region’s Workforce

Major European industry players, co-led by Iberdrola and Telefónica, has launched a programme to train five million people in the European Union by 2030. The aim is to boost education and the search for structural solutions to combat unemployment on the continent, Europa Press reported. The initiative, called ‘Re-skilling 4 Employment’ (R4E), has been promoted by the main European business lobby, the European Round Table for Industry (ERT). It is headed up by firms such as Iberdrola, Telefónica, AstraZeneca, Nestlé, SAP, Sonae and Volvo Group.

Calviño

Spanish Politics 20th May 2021

Nadia And Yolanda, At The Boss’ Right And Left Hand

Fernando González Urbaneja | The second (Nadia Calviño) and third (Yolanda Díaz) vice-presidents of the Spanish government have a hard time putting up with each other; they hide it, but sometimes they betray each other. A gesture, a comment, a confidence… and the dissimulation vanishes. It happened yesterday in Parliament, over the “reversal of the labour reform” but it is well known to the usual interlocutors of the two vice-presidents….

catalonia efimera

Spanish Politics 19th May 2021

Separatist Parties Agree To Form New Government In Catalonia

Nick Ottens (Atlantic Sentinel) | Catalonia’s leading pro-independence parties have reached an agreement to install Pere Aragonès as regional president. Aragonés has been acting president since September, when Quim Torra of the center-right Together for Catalonia (Junts) was forced to step down. Aragonès’ Republican Left won the election in February. The agreement comes after three months of negotiations during which the Republicans raised the possibility of forming a minority government…

exports gorgeous

Spanish economy 19th May 2021

Spanish Exports Have Returned To Pre-Crisis Levels After Growing 30% In March

T.C. | Data on Spanish exports during the first quarter of this year, released yesterday by the “Exporters’ Club”, shows an upturn of 4.9% to 72.307 billion euros. This is 7.9 points higher than the rate for the same period in 2020, which was -3%. So Spanish exports of goods are already at the same level as in 2019. In fact, in March the increase in exports from Spain (29.9%)…

Pedro mascarilla españita

Spanish Politics 18th May 2021

Sánchez, Between Polls And Pardons

Fernando González Urbaneja | The spring promised to be a prosperous one for the socialists after the relative triumph in the Catalan elections, which held out the possibility of a tripartite government (on the left); the ousting of the Partido Popular in some autonomous communities in collusion with Ciudadanos, which, by the way, distanced itself from the PP; the vaccination campaign that would put an end to the pandemic; and…

Spanish economy general

Spanish economy 18th May 2021

Spanish Fixed Income From Large Issuers Maintains Its Rating Despite The Pandemic

Fernando Rodríguez | 96.3% of the outstanding volume of Spanish fixed income with rating – 1.76 trillion euros – was Investment Grade, BBB or higher – at the end of 2020. This is only three tenths of a percentage point lower than in March of the same year, according to a study included in the CNMV Bulletin for the first quarter of this year, published recently. The supervisor’s study concludes…

Arrimadas

Spanish Politics 17th May 2021

Ciudadanos’ Dilemma: To Be Or Not To Be

Fernando González Urbaneja | If it is not easy to give birth to a party, burying it with dignity can be just as complicated… or more so. Ciudadanos was an exciting political project born in Barcelona as a reaction to (unconfessed pro-independence) nationalism and the connivance of the constitutionalist parties, PSC and PP. Ciudadanos was the other, cleaner way (without history). It was accepted in Catalonia and exported the model…

spain ecommerce

Spanish economy 17th May 2021

18 Projects To Launch The Spanish Sandbox

T.C. | Of the 67 projects submitted in the first call for proposals for the Spanish sandbox – the testing ground for financial innovation – 18, one in four, have received the green light. Spain wants to promote the digital transformation of the financial system with a testing environment, allowing trials to be carried out without the rigid regulatory restrictions. But with strict supervision by the Bank of Spain, the…

Spain, windmill

Spanish economy 17th May 2021

Spanish Tourism: The Beginning Of A Necessary Recovery

Javier Ibáñez de Aldecoa Fuster (CaixaBank Research) | 2020 has now been left behind; a year that will be remembered in the tourism industry as the toughest in recent history. In 2021, the fight against the pandemic continues and restrictions on movement and trade are still preventing normal economic activity, hitting tourism-dependent businesses particularly hard. However, the roll-out of the vaccines will provide a turning point once immunity is achieved among the population most at risk. Our projections point to a strong recovery in the sector during the second half of the year, resulting in tourism GDP growing by 80% annually, once again becoming one of the driving forces for the Spanish economy.