Business News & Financial News

In Spain 7th July 2026

Treasury gives Autonomous Communities 15 days to “study and approve” financing system negotiated with Catalan separatists

The Minister of Finance, Arcadi España, wants the first reform of the regional financing system since 2009—for which the State is putting €225 billion on the table—to be studied and approved within fifteen days by the competent multilateral body: the Fiscal and Financial Policy Council (CPFF), where all autonomous communities are represented (the majority of which are governed by the main opposition party, the PP). This is because the affirmative…

In Europe 1st July 2026

Eurozone inflation cools more than expected, standing at 2.8% in June

Reported by Consejeros Editorial Team Inflation in the Eurozone offers some respite. In June, the Consumer Price Index (CPI) stood at 2.8%, down from 3.2% in May and below expectations, according to the preliminary estimate published by Eurostat, the statistical office of the European Union (EU). This was driven by a moderation across all components, particularly energy. Specifically, energy prices rose by 8.7%, well below the 10.8% recorded the previous…

In the World, Markets 7th July 2026

Share-based remuneration at all-time high in US, almost all sectors increasing annual issuance

Morgan Stanley reports As the US equity market has risen in value, so too has stock-based compensation (SBC), which has now reached a volume of $330 Bn (up 9% year-on-year). Although the technology sector remains the largest issuer of SBC, virtually all sectors have increased their use of it over the past year. SBC has grown from 8% in the manufacturing sector to 28% in the utilities sector, although information…

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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