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Half of Spanish companies are not actually active

1,966,938 companies—46% of theoretically “alive” businesses—have not actually published official acts or filed their annual accounts with official registries in recent years, according to data from a study conducted by Iberinform, a subsidiary of Crédito y Caución. When examining the number of companies that filed their 2024 annual accounts with the Mercantile Registry (the last full financial year), there is a 6.6% drop from the historic high recorded in 2021….

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ERTES extension

Government will raise the minimum wage, which is already the most common salary in Spain, before the elections

It has been years since tripartite social dialogue—between the employers’ association, trade unions, and the Government—broke down due to the Government’s insistence on relying solely on the unions. The unions have called a general strike—’against the opposition,’ as explained by the PSOE—for November 11, two days before the electoral campaign begins. Thus, the Ministry of Labor and Social Economy under Vice President Yolanda Díaz—a card-carrying communist who a few days…