sanchez ursula

Government reduces reform agenda to secure arrival of €25 billion from European recovery plan

The Government has already agreed with Brussels on a new scenario of milestones and targets so that Spain can access all the remaining direct aid from the Recovery Plan. What is at stake is the way to capture and execute the nearly €24.7 billion in outstanding non-reimbursable funds before the opportunity expires in August of next year. After several weeks of intense negotiations with the European Commission, the Ministry of…

Read More

Crédito y CauciónCrédito y Caución
eurozona mapa billete 1

Sentix investor confidence index for December shows stabilisation of sentiment in Eurozone

Link Securities | The Sentix investor confidence index for December showed a stabilisation of sentiment in the Eurozone. In its overall reading, the index rose slightly to -6.2 points in December, in line with expectations, compared to -7.4 points, while the current situation sub-index reached -16.5 points, compared to -17.5 points in November, and the expectations sub-index stood at 4.8 points, up from 3.3 points the previous month. Sentix noted…

Read More

Banner CIR, junio 2022

US jobs data

Layoffs in US rise in November less than October but remain at historically high levels

Bankinter | Layoffs increased in November by 23.5% year-on-year to 71,321 (versus 48% and 85,436 expected) according to Challenger. Layoffs eased compared to October levels of 153,074, but remain at historically high levels. Since 2008, only in November 2022 had layoffs exceeded 70,000 in a single month. For the year as a whole, layoffs are up 62% on 2024 levels. The sectors most affected in November were telecommunications (21%) and…

Read More

interviews

antonio bonet

“We need to approach negotiations with the U.S. on terms that are completely different from those currently being proposed”

Says Antonio Bonet, president of the Club of Spanish Exporters and Investors. He points out that “Europe has a single tariff applied by all member states, but the U.S. applies a tariff to each country, meaning it can decide that the tariff applied to Spanish black olives is higher than that for Italian olives, as it did at one point. So there is a part of the negotiation between Europe…

Read More


ElenaJimenezdeAndrade

“It is a shame that we are able to mobilize economic resources for large-scale projects abroad, but not in our Spanish market”

In an interview with Consejeros magazine, Sacyr’s coordinating advisor, Elena Jiménez de Andrade, explains that now “We have great capacity to win projects, a capacity that until now contrasted with a series of financial limitations and balance sheet size. However, in this strategic cycle, we are going to eliminate those barriers. That is why we have set an ambitious goal for 2033: to triple the value of our assets. We…

Read More



…in the last week