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tasa google tasa tobin

Spanish economy 14th December 2021

Spain, France, Italy, the UK, Austria and Turkey will remove the Google tax and transfer tax policy to the new US and OECD-Led project

Up to six European countries have already announced that they will abandon the Digital Services Tax (DST) (known as the Google tax) after its failure to raise revenue. They have expressed their intention to eliminate this tax and transfer their tax policy to the new international project, led by the US, on which the Organisation for Economic Co-operation and Development (OECD) is already working. These countries will wait for the OECD’s new tax rules to be approved before eliminating their Google taxes.

Over 90% of foreign companies in Spain expect to increase or maintain their investment in 2020

Spanish economy 12th November 2021

Spain Not To Reach Pre-Pandemic GDP Level Until Q1’23 VS Germany, France And Italy At End-2022

The European Commission estimates that the Spanish economy will grow by 4.6% in 2021, which represents a cut of 1.6 % compared to the estimate it made in July. According to these calculations, Spain will be the last of the four large euro economies to recover its pre-crisis GDP level. These data contrast with the optimism of the government, which sees a rise in GDP of 6.5% this year and an expansion of 7% a year later.

Renfe

Spanish economy 22nd September 2021

Renfe Denounces Obstacles In France And Calls For The Same Treatment SNCF Enjoys In Spain

José Alves (Capital Madrid) | France is experiencing a historic moment in its rail industry: the beginning of the end of the national public service monopoly for passenger transport. Since the nationalisation of the network (1937) this has been in the hands of the state-owned SNCF. The government had announced this, as required by the EU, but it will be another three and a half years before the decision taken…

veolia suez

World economy 12th September 2021

France Leads The Way In Public-Private Partnerships

Henry McCaw | In 2011, France dominated the European PPP market, accounting for 62% of the overall market value. According to the World Bank, this was reflected in the “wave of new ‘social infrastructure’ investments in health, education, defense, transport and urban planning sectors.” In the water sector, France is a global leader in private sector participation, with three French companies, Veolia, Suez and SAUR, dominating on the world stage. The French model of concession agreements in the water sector has increasingly been adopted in developing countries.

France

European economy 14th June 2021

France Country Report | Massive Stimulus Measures Will Drive Economic Recovery

Crédito y Caución (Atradius) | In the first quarter of this year, French GDP grew 0.4% quarter- on- quarter, supported by the fact that another nationwide lockdown was held off until April. Growth was mainly driven by investment spending and a modest increase in private consumption. While the growth rate in Q2 will be affected by the comprehensive lockdownmeasures imposed in April, the gradual easing of those restrictions in May…

Spanish companies' cost of financing at minimum lows

Spanish economy 6th April 2021

Spain’s Regulations For Direct Aid To Companies Come Several Months Later Than In Germany, France And Italy

Funcas | The aim of this note is to outline the recent initiatives in terms of direct aid from the governments of Germany, Spain, France and Italy. While in Italy the aid has been extended to the whole economy, as in Germany and France, in Spain it is limited to the sectors most affected (commerce, hotels and restaurants, leisure, etc.). The amount of aid is relatively low in Spain compared to the other three countries, however Spain is the only country that grants a minimum benefit of 4,000 euros for all eligible businesses. 

CAF

Spanish economy 25th January 2021

Possible Disinterest Of CAF In Alstom’s Divestments In France

CAF could have withdrawn from buying the factory that Alstom has in Reichschoffen (Alsace, France). The European authorities are forcing the French company to sell in exchange for giving the green light to the 5.3 billion euros acquisition of Bombardier’s railway business. This purchase will be executed on January 29. On January 8, Alstom seemingly informed the trade unions of this plant that CAF was not interested in the situation of the operation.

CAf Paris

Markets, Spanish economy, Spanish Small & Mid Caps 15th January 2021

CAF Is Awarded A Contract In France With Bombardier Worth €2.56 Bn

The French public transportation operator RATP has selected the offer of CAF and Bombardier to supply 146 trains for the second busiest suburban line in Paris for a joint value of €2.56 Bn. The consortium would have beaten the bid made by Alstom which could have offered a price 500M euros higher than that of the Spanish-Canadian consortium. In any case, Alstom will complete the takeover of Bombardier in two weeks, so part of the CAF contract will also benefit the French industrial group.

vehicle re registration spain

Spanish economy 7th January 2021

Car Registrations Fell By 11.8% In France In December, While In Spain They Rose By 0.1%

The poor sales data in the main EU countries will eventually be reflected in production volumes, which we estimate in Q4’20 have evolved above the sales curve and will tend to adjust to the reality of the market. Even more so if we consider that the implementation of the new WLTP type-approval cycle as of January 1st will lead to an increase in the retail price of vehicles.

European fiscal stimuli

Spanish economy 21st September 2020

The Fiscal Stimuli In 2020 Will Be Of A Similar Scale In Germany, Spain, France And Italy

 

European national governments have responded to this crisis with battery of fiscal measures of various different types and sizes. According to the latest forecasts from the consensus of analysts (July 2020), the deterioration in the fiscal balance in 2020 will amount to 8.6% of GDP in Germany, 8.1% in Spain, 7.6% in France and 9.4% in Italy. For CaixaBank Research, this suggests that the fiscal stimulus of the major economies in 2020 will, in fact, be more similar than one might believe.