Business News & Financial News

In Spain 16th October 2026

Government injects €300 billion into Social Security since 2018 to sustain pensions

Since 2018, Social Security has received €309.126 billion in State transfers, according to its budget execution reports. This figure does not include loans that the State has also granted to the system. The total amount of transfers has grown year after year. Part of this funding is allocated to pay non-contributory Social Security pensions and financial aid, but the State transfers significantly more than the cost of that non-contributory tier….

In Europe 21st September 2026

AfD Also Prevails in Mecklenburg, Where the CDU Is Left Out of the Regional Parliament

The CDU falls by 8.2 points in Berlin and nearly eight in Mecklenburg-Western Pomerania, where it is reduced to 4.9% and obtains the worst regional result in its history. By failing to clear the electoral threshold, this will mark the first time since the founding of the Federal Republic that it is left out of a regional parliament. Alice Weidel’s prophecy is beginning to come true. Following the victory of…

World economy 15th October 2026

IMF warns: “China needs to spend more; the United States, save more; and Europe, invest more”

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the global economy’s resilience is reaching its limit, which is why countries urgently need to fix their public finances—as “winter is coming”—as well as address growing global imbalances, for which “China needs to spend more; the United States, save more; and Europe, invest more.” At a press conference in Bangkok during the IMF and World Bank…

rosa garcia consejera caixabank acerinox ence

“Many companies complicate CSRD implementation more than necessary”

Rosa Mª García Piñeiro, board member at Caixabank, Acerinox, and Ence—serving as chair of the sustainability committee for the latter two and as a committee member at Caixabank—explains that “the directive does not set the materiality threshold. The company decides it based on its own criteria. There is nothing in the legislation that prescribes what is material and what is not. The auditor-verifier may have one opinion, the company may…

“We are one of Europe’s leading R&D investors: €1.45 billion last year”

“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…

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