Search Results for ten lost months

germany in greece

Greece granted bailout extension

By Alexandre Mato in BRUSSELS & Sean Duffy in MADRID | A day of hard negotiations finally produced a positive outcome.Greece will work throughout the weekend to ready proposals for Monday´s meeting, but politicans were visibly relieved after an arduous week.


The “Yolanda effect”: labour inspectors strike for the first time in their history

The Labour Inspectorate has been the latest collective to join the protests of public employees – those of employees of Social Security, the Public Employment Service, the Tax Agency, the Health Service, the lawyers of the Justice Department… -The government has failed to comply with the agreement signed in July 2021, in which it promised to solve the serious staff shortages and the lack of professional careers in the agency….

India enters the era of Sanatan socialism

India’s growth to slow in 2023

Crédito y Caución (Atradius) | In India, GDP growth slowed to 7.0% in 2022, down from 8.3% in 2021. In 2023, GDP growth is likely to slow even further to 4.4%, owing to a rapidly weakening global backdrop and slackening domestic demand. There is widespread weakness in the manufacturing industry. Industrial production fell month-on-month on a seasonally adjusted basis in July and August. These trends, in combination with a manufacturing…

covid19 dilemma

Miguel Sebastián, former PSOE minister: “The management of the covid data has been disastrous”

The former Minister of Industry in the Socialist government of José Luis Rodríguez Zapatero will today present in Madrid his book “El virus interminable” (Ediciones B). In it he analyses the mistakes made during the pandemic and the pending issues in the event of a new health crisis of this type in our country. On this occasion, the newspaper La Razón interviewed him. Q- Could the management of the data…

spain greenfield

COP27 preview: regaining momentum

Matt Christensen (Allianz GI) | The COP27 climate summit takes place in Egypt in November, providing a check-in on global progress towards net zero in a year dominated by economic and geopolitical pressures. There are reasons to be optimistic. • The focus of this year’s COP27 is on “delivery” after an eventful year that has also revealed the flaws in our existing energy mix• The financial sector will be in…

Arcelor Mittal

Spanish industry, the hardest hit in Europe

Spain’s industrial sector slowed in October as a result of a sharp rise in production costs and a slump in demand across the Old Continent, where figures “clearly indicate that the manufacturing economy is in recession”. Spain’s Purchasing Managers’ Index fell by 4.3 points to 44.7 in October, both the worst figure among the major European countries and the biggest decline of all. And the worst figure since the coronavirus…

Ismael Ce

“It Cannot Be That The Number Of Public Employees Rises And At The Same Time The Number Of Hours Worked Falls”

Almudena Díez | Ismael Clemente, CEO of Merlin Properties, explains that “What we are seeing today is that the adoption rate of teleworking in Spain is very low. In fact, it is one of the lowest, not only in Europe, but in the world. With the exception of the public administration, which has adopted it massively, with the risk of generating inefficiency” Q: A Bankinter director told us that the…

Ezentis transformation

Ezentis Asks SEPI For An Express Bailout Of 70 Million Euros To Avoid Default, And Its Shares Plunge 20%

Ezentis, formerly Avanzit and Radiotrónica, is once again facing serious financial problems that threaten its viability. The company has asked the Sociedad Estatal de Participaciones Industriales (SEPI) for help on the verge of the end of the public business rescue fund. The energy and telecommunications infrastructure installation company has confirmed to the CNMV that it has requested 70 million euros in public money. The aim is to recover the group’s…