In a document fixing its position at yesterday’s meeting of energy ministers in Luxembourg, the government requests the European Commission to be able, as an “exceptional measure”, to “decouple” electricity market prices and limit the price of gas. ” While Spain presented this document the European Commissioner for the Economy, Paolo Gentiloni, said in Madrid that the measures adopted by countries to curb the impact of the rise in wholesale prices on electricity bills must be “temporary” and “respect the single European market”.
Ana Fuentes (Strasbourg) | Where should the EU look in the future? What are the priorities? At a time of rapid change, protectionism and nationalist populism, the European Parliament has approved a document of minimums called The Future of Europe. As inevitably happens in such plural institutions, it is neither binding nor completely satisfies anyone, but sets out the challenges the still 28 members have to confront together if the European project is not to diluted. We discuss it with Ramón Jáuregui, socialist MEP and rapporteur of the text.
For a long time, Spain has had a “debt pending” in terms of budgetary stability. And, for the time being, the current scenario leads us to think that balancing the public finances is a difficult objective to achieve in the medium-term. Added to that problem is the high level of government debt.
The European Commission (EC) could announce this week the details of a new sovereign bond, which would allow for progress to be made in the financial and banking union. According to the EC, it would provide greater financial stability both for governments and European banks in the face of future hypothetical financial crises.
CaixaBank Research | The European Commission is looking at how the banks can have a more diversified portfolio of public debt securities. It is studying how to obtain a safe European asset without having to establish a tax union to back the issue of said asset.
Miguel Navascués | When the signs of an incipient slowdown in the European economy begin to multiply – the matching indicators suggest that industrial production slowed in 2018 – the case for reaching an agreement on Brexit and refocusing attention on unifying the capital markets becomes increasingly more powerful and urgent.
Spain is the country with the most SMEs chosen by the European Innovation Council, the European Commission’s financial and technical support tool, to receive up to 40 million euros in funding with the aim of supporting business growth via the development of innovative projects.
A report from the European Commission published on Monday said that Spanish households’ gross available income was still below 2008 levels up to the first half of last year, in comparison with other EU countries’.
All the figures and statistics related to education in our country paint a picture which is not just bad, but catastrophic…For example, the number of young Spaniards who don’t even have a high-school education, 35%, is double the OECD average.
The European Commission has unveiled a document with an anual battery of recommendations to improve the Spain’s economy’s weak points. It has asked, for the sixth consecutive year, that the improves its public system for finding employment.