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Power bills will start increasing in 2014 by at least 2% despite the significant jumps that have already hit companies and consumers in 2013. Yesterday the Secretary of State for Energy, Alberto Nadal, told...
A nation never expects that its government will thwart the road to economic recovery. And based on the responses that employer management group presidents have provided to elEconomista, the Prime Minister's office is...
Prime Minister Mariano Rajoy revealed his Galician roots yesterday when he answered "sí" to reforms, but only if lawmakers can build a majority consensus. In other words, no. He said, "One must know who to count on...
As investors wait for Inditex to deliver its earnings results in mid-June (probably the 13th), companies on the Ibex 35 have finished the first quarter worst than expected. Sales of all companies listed on the index...
The productivity of heavy industry in Spain has shrank from 20% of national GDP to merely 12%.
The Spanish Treasury has managed its debt sales shrewdly this year, getting half of its financing needs for the year already and at better interest rates than it expected. Its strategy consists of ramping up debt sales...
The slackening risk premium, which looks like it will head straight to 200 basis points above the German bund, is the best thing to happen to the Spanish economy in a long time. The interest on 10-year Spanish debt is...
The financial sector's underlying problems have not been fixed after restructurings across the industry in 2012. But there are still some loose ends to tie up, and more public bailout money will be needed. Credit...
ECB leader Mario Draghi stood tall in his role as ECB chairman yesterday, following the script that the EU wrote, lowering interest rates to historic lows of 0.5%. But he didn't take any concrete steps to ensure that...
Even though they are hiding it, the Ministry of Finance and the Catalonian government's Economic Council are holding meetings aimed at increasing the region's deficit objective beyond 1.2% for 2013.
Each quarter elEconomista collaborates with almost 50 investment firms to create a portfolio of ten stocks
Since elEconomista was founded, the newspaper has committed itself to providing expert advice to small investors. In this mission, it has created several indexes: Eco10, Eco30, el Monitor, Ecodividendo and EcoFondo. In...
The government came to a decision yesterday that solves financing problems for Chambers of Commerce in Spain. The ICO, a state owned bank attached to the Ministry of Foreign Affairs and Compeitiveness and Spain's...
The government forecasts that 3% growth will not happen within six years and that unemployment will remain at levels above 25%. Which is evidence that Rajoy and his staff don't have the road map for leading Spain out...
The government's reform agenda highlights the forecasts that it has made about the effects of recent decisions to heal the Spanish economy. A positive impact is expected for job numbers and the success of reforms to the...
The power tariff deficit has risen to 28 billion euros and the Ministry of Industry is prepared, once again, to reduce it once again by trimming 4 billion in annual spending.
The crisis is putting a lot of financial pressure on taxpayers.
Comenta
Uruguay se convirtió hoy en el primer país del mundo en legalizar completamente la producción y la venta de marihuana, cuyo consumo ya era legal en la nación sudamericana, al ratificar el Senado un inédito proyecto...
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