Public administration debt reached €1.736 trillion at the end of April, following a year-on-year increase of 4.4%, according to data from the Bank of Spain (BdE). Nevertheless, its ratio to Gross Domestic Product (GDP) fell to 101%, representing a 1.6 percentage point decrease compared to the same period last year. In absolute terms, the volume of debt increased by 4.4% compared to April 2025. However, it decreased slightly by 0.2%…
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Switzerland aims to align its legislation with that of the EU, specifically the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD). It seeks to avoid the ‘Swiss finish’ (where Swiss regulations end up being stricter than those in the rest of Europe). By Consejeros Editorial Team The Swiss Federal Council is currently conducting a public consultation on the draft Federal Act on Sustainable Corporate Governance…
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As expected, central bankers left interest rate policy unchanged and removed the dovish bias from their press release. But there was undoubtedly more to come… The statement is much shorter and focuses solely on price stability. It offers no forward guidance and no longer reveals how members voted on the decision. However, the real surprise in terms of its hawkish tone lay in the dot plot. Nine of the 18…
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Luis Maroto is the CEO of Amadeus, which has just announced the acquisition of Idemia Public Security—for €1.2 billion—to strengthen its biometrics, security, and airport management business. Maroto explains that “alongside biometrics, digital identity is transforming how travelers move throughout their journey. Today, travelers are asked to prove their identity at almost every step: flight check-in, baggage drop, security, immigration, boarding, car rentals, hotel check-in… With digital identity, a traveller…
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Irene Hernández, coordinating advisor of Ence, and advisor of Elecnor and Saint Croix explains that “In Spain and in the European Union, there are times when we are regulating too much and putting brakes on economic growth… fifteen years ago, the European economy was larger than that of the U.S. Today, the U.S. economy is one and a half times that of Europe. We are not in a position to…
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