regulation | The Corner .eu

Caixabank, Telefónica, El Corte Inglés or Iberdrola, the Spanish firms best prepared to confront 2019

Spanish economy 27th May 2025

Spanish companies lose competitiveness due to labour and tax regulations, according to World Bank

Labour regulation, the high tax burden, and the scarcity of qualified workers are the main obstacles to the growth of Spanish companies compared to others in the major global economies. This is reflected in the report “The Business Environment and the Private Sector in Spain” presented yesterday by the World Bank, after conducting a series of surveys in recent months among Spanish companies of all sizes and sectors. Especially those…

In Spain 16th September 2024

Economy Ministry Aims to Restore Market Unity in Spain and Simplify Regulatory Maze

The Minister of Economy, Trade, and Business, Carlos Cuerpo, will convene the “Sectoral Conference on Regulatory Improvement and Business Climate” on Wednesday with the goal of establishing a common regulatory framework for businesses and reducing the regulatory maze created in recent years by Spain’s 17 autonomous communities. This maze has resulted in a vast amount of regulations in addition to those from the European Union and national laws, ultimately fragmenting…

In Europe 30th August 2014

GLAC, a term you’ll need to become familiar with after the summer

MADRID | By Raimundo Poveda | Those who are interested in banking policy are doomed to learn some new term day in, day out. GLAC (i.e. “gone-concern loss-absorbing capacity”) is the capacity to absorb the losses of an unfeasible bank. Let us recall that the banking regulation declares a bank “unfeasible” not when it collapses but when it fails to comply with the minimum capital requirements –even if its financial assets are positive.

Interviews 11th April 2012

Time to cut Frankenstein over-regulation on Spanish businesses

Fernando del Pino Calvo-Sotelo, in Madrid | Through the years, central, regional and local politicians have created, out of the blue, hundreds of thousands of laws, rules and regulations with which we all are obliged to comply. As far as I know, the Official State Gazette publishes 250.000 pages a year; the regional ones, 800.000 a year. You read it right: no typo there. One million pages a year. Maybe in…

Spanish economy 4th November 2011

Enel Green Power's Francesco Starace: "Spain is five years ahead in renewables"

Since its inception in 2008, Francesco Starace is Enel Green Power or EGP's CEO. On Thursday, the holding company, which has a Spanish branch with Endesa's renewable assets integrated, celebrated its first anniversary on the stock market. Francesco Starace's comments about the sector in Spain are, to say the least, jarring, so we have selected (and highlighted) a few of his answers to an interview published in the financial newspaper…

Spanish economy 4th November 2011

Enel Green Power’s Francesco Starace: “Spain is five years ahead in renewables”

Since its inception in 2008, Francesco Starace is Enel Green Power or EGP's CEO. On Thursday, the holding company, which has a Spanish branch with Endesa's renewable assets integrated, celebrated its first anniversary on the stock market. Francesco Starace's comments about the sector in Spain are, to say the least, jarring, so we have selected (and highlighted) a few of his answers to an interview published in the financial newspaper…