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Antonio Beteta, the Secretary of State of Public Administration, is presented a packet of local reforms today to Spain's Federation of Municipal and Provincial Governments (the acronym in Spanish is FEMP). Town...
Corte Inglés is going to approve more favorable financing conditions in order to reduce the costs of servicing its debt. It plans to refinance 5 billion euros of mor ethan 5.9 billion in debt now that the euribor is...
Seguriber, the Spanish security company that was blamed for the Madrid Arena tragedy where five young people died, continues to receive public contracts. It has received 362,976 euros from the Madrid regional government...
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.
An administrative law judge has found Airbnb to be illegal in New York City, reports Fast Company.Airbnb, the site that lets you rent out your apartment or house like a bed-and-breakfast, violates the New York City...
Design site Fab.com is reportedly raising between $250 million and $300 million, according to The Wall Street Journal.It's not a done deal, but it's expected to close by mid-June, according to the WSJ's sources.
At a time when college costs more than ever and we're facing a $1 trillion student debt bubble, it's no surprise the whole "Is College Even Worth It?" debate is still going strong. Take it from us –&ndash...
The Chip Shop awards are simply for agencies best, never-used ideas. That work is often controversial, politically incorrect, or bordering on the illegal.Categories include "Best Use of Shocking Copy," "Best Use of Bad...
Today, Apple executives will testify before Congress about the details of their expansive tax-minimization system. Major tech companies exploit differences between taxation policies in different nations in order to...
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