prime minister
The Catalan crisis has cost “a billion euros”, declares the Spanish Minister of the Economy
[ad_1] Published on: 01/02/2018 – 12:01Amended: 02/01/2018 – 12:23 Spain’s Economy Minister said on Monday that the crisis of Catalan independence had cost the country “a billion” euros as the fallout from the turmoil continued to hamper growth in the wealthy region. Luis de Guindos said slowing growth in Catalonia, which accounts for around one-fifth …
Spanish economy: More money for regions, defense, science: the Spanish government details its expansive budget plan | Economy and business
[ad_1] Details of the draft budget that the center-left government of Pedro Sánchez presented to the Spanish parliament on Wednesday show a record public spending program for 2022 thanks in large part to an influx of European funds to mitigate the effects of the coronavirus pandemic. The leader of the Socialist Party (PSOE), who heads …
Spain’s Prime Minister Sánchez reshapes his cabinet to focus on the economy
MADRID (AP) — Spain’s prime minister reshuffled his cabinet on Saturday, forming what he called “the recovery government” following the coronavirus pandemic. Prime Minister Pedro Sánchez has led a minority coalition government formed by his Socialist Party and the anti-austerity United We Can party since January 2020. He has managed to keep it afloat during …
Boris Johnson contemplates post-COVID economy as British Tories meet
[ad_1] LONDON (AP) – British Prime Minister Boris Johnson has said he is ready to take “bold decisions” to rebuild the economy after the coronavirus pandemic like his Conservative Party meets on Sunday for its first annual conference since 2019. The Tory conference opens Sunday in the city of Manchester, in the north-west, due to …
Reviews | Do we need to shrink the economy to stop climate change?
[ad_1] This article is part of the Debatable newsletter. You can register here to receive it on Tuesdays and Thursdays. If there is a dominant paradigm for how politicians and economists today think about solving the problem of climate change, it is called green growth. According to the green growth orthodoxy – whose adherents populate …
Improving employment figures in Spain set new records in October | Economy and business
[ad_1] The continuous improvement of the Spanish labor market gives cause for optimism. For another month – the eighth in a row – vital signs of employment show a recovery that is progressing at a steady pace. So much so that new milestones continue to arrive. In October, for example, there were 159,478 more people …
Brexit Britain’s Hidden Gold Mine from ALGUES to Boost Economy, Reduce Emissions | Sciences | New
[ad_1] British aquaculture company Seafields is developing and testing new technologies focused on growing and catching sargassum, a type of large brown algae. It has exploded in growth over the past few years after escaping its normal environment in the Sargasso Sea. Not only does Seafileds intend to remove over a billion metric tonnes of …
The Central African Prime Minister “dismissed”, replaced by the Minister of Economy
By AFP 07 February 2022 | 3:56 p.m. The Prime Minister of the Central African Republic, Henri-Marie Dondra, has been sacked and replaced by his Minister of Economy in this poor and unstable country, the spokesman for the presidency announced on Monday. (FILES) In this file photo taken June 15, 2021, the new Prime Minister …
Spanish Economy Minister sees minimum wage hike approved in September | Invest News
[ad_1] MADRID (Reuters) – Improving economic conditions should allow Spain to approve a long-awaited minimum wage hike in September, the economy minister said on Monday, ending months of back-and-forth comes between unions and companies. The “limited” increase would take effect as early as October, Economy Minister Nadia Calvino said in an interview with Spanish television …
Japan’s economy contracts on lower consumption and exports
[ad_1] Yuri Kageyama, The Associated Press Posted Sunday, November 14, 2021 at 8:28 PM EST TOKYO (AP) – Japan’s economy contracted at an annual rate of 3% in the July-September quarter, as private consumption and auto production suffered from efforts to curb the coronavirus pandemic. Japan’s gross domestic product, which measures the value of a …
Cautiously optimistic forecast by Cuban Minister of Economy
[ad_1] By El Toque HAVANA TIME – Cuba’s economic recovery forecast does not exceed 2%, after GDP fell 10.9% last year and the earlier, more optimistic forecast of 6% growth. Nearly 24 months of cumulative crisis, made worse by the combined effects of US sanctions and the COVID-19 pandemic, 2021 has not been a better …
Spanish Prime Minister Sánchez reshapes his cabinet to focus on the economy
[ad_1] MADRID (AP) – Spain’s prime minister reshuffled his cabinet on Saturday, forming what he called “the government of recovery” in the wake of the coronavirus pandemic. Prime Minister Pedro Sánchez has led a minority coalition government formed by his Socialist Party and the anti-austerity United We Can party since January 2020. He managed to …
Coronavirus crisis: Spain’s economy is expected to rebound to pre-pandemic levels in 2022 | Economy and business
[ad_1] The Minister of Finance MarÃa Jesús Montero.Europe Press The Spanish government on Tuesday confirmed its forecast for economic growth for this and next year, based on the pace of the recovery after most coronavirus-related mobility restrictions ended and the good pace of the vaccination campaign against the virus. Covid-19. The Cabinet said gross domestic …
Markets price new risk as Catalan stalemate looms | Business | Economic and financial news from a German perspective | DW
After the Catalan government declared that 90% of the population had voted in favor of independence in the October 1 referendum and national authorities refused to accept its legality after a sometimes brutal crackdown, the markets opened up Monday to what they hate the most: uncertainty. “Unlike the UK, Spain’s 1978 constitution clearly prevents a …
Coronavirus: Spanish economy shows signs of post-Covid recovery | Economy and business
[ad_1] The Minister of the Economy Nadia Calviño.Mº ECONOMY / EFE There is nothing more than a handful of numbers. The horizon is still hazy. A recovery worthy of the name is still a long way off. But Spain is starting to recover from the effects of 2020, including the biggest drop in production since …
UPDATE 1-The Spanish economy grows faster than expected in the second quarter
[ad_1] By Joanna Jonczyk-Gwizdala, Inti Landauro (add details) MADRID, July 30 (Reuters) – Spain’s economy rebounded faster than expected in the second quarter after unexpectedly contracting in the first three months of the year, when growing contagion from COVID-19 imposed new restrictions on businesses. Spain’s gross domestic product rose 2.8% in April-June from the previous …
The Catalan crisis adds new problems to the Spanish economy
[ad_1] The escalating political crisis in Catalonia has prompted Spain to downgrade its growth forecast for 2018, according to the government, a sign that tensions are hurting economic sentiment. In a letter submitted Tuesday morning by the center-right Spanish government to European authorities, he said the economy would grow by 2.3% next year instead of …
The redesigned EL PAÍS app adds new features for a more intuitive experience | Economy and business
The EL PAÍS mobile application has been redesigned for a clearer and more intuitive user experience that facilitates access to multimedia content. The new version is available on Android and iOS. The changes to the app reflect the recent redesign of the EL PAÍS website, which has risen to the challenge of today’s chaotic and …
Spanish Prime Minister Sánchez reshapes his cabinet to focus on the economy | world news
MADRID (AP) — Spain’s prime minister reshuffled his cabinet on Saturday, forming what he called “the recovery government” following the coronavirus pandemic. Prime Minister Pedro Sánchez has led a minority coalition government formed by his Socialist Party and the anti-austerity United We Can party since January 2020. He has managed to keep it afloat during …
Spanish Prime Minister Sánchez reshapes his cabinet to focus on the economy | KWKT
[ad_1] Posted: July 10, 2021 / 8:58 AM CDT / Update: July 10, 2021 / 9:52 AM CDT FILE – In this file photo from June 22, 2021, Spain’s Prime Minister Pedro Sanchez prepares to deliver a statement at the Moncloa Palace in Madrid, Spain. Prime Minister Pedro Sanchez has reshuffled his cabinet to form …
India estimates larger budget gap at over 7% vs. 6.8% target, Auto News, ET Auto
[ad_1] The government aims to raise 1.75 trillion rupees this year, but progress on plans to sell insurance giant Life Insurance Corp. or privatization of the oil refiner Bharat Petroleum Corp. were slow. India could exceed its budget deficit target as the government increases spending and struggles to finalize planned asset sales, according to people …
Electricity: Spain announces new measures to lower soaring energy bills | Economy and business
[ad_1] Electricity meters inside a building in Seville.PACO PUENTES (EL PAS) Spanish Prime Minister Pedro Sánchez on Monday evening announced a series of measures aimed at lowering soaring costs of natural gas and electricity for consumers. Spain’s wholesale electricity market, which sets the amount paid by companies that supply electricity to households, has seen record …
People are pressuring governments around the world to take action against inflation – Economics – Business
[ad_1] Oscar Banos and thousands of other truck drivers celebrated on Saturday after a threat to idle their engines prompted the Spanish government to adopt measures to improve working conditions and control soaring fuel costs due to inflation. This is the latest effort by workers, opposition leaders and citizens to pressure governments in Europe and …
Consumer Price Index: how rising inflation affects Spain | Economy and business
[ad_1] A supermarket in Catalonia. Prices in Spain rose 5.5% in November, according to data released on Wednesday by the National Institute of Statistics (INE). Although this is a tenth less than expected, the big picture remains the same: Inflation is at its highest level in 29 years, and it is rising faster than wages …
The Russian offensive surprises the Spanish economy at a time when it was already registering the greatest lack of control over prices and unemployment in the EU
Carlos Segovia explains in El Mundo that “Since Thursday, a powerful threat of impoverishment has been looming in the EU, especially in the countries that were already lagging furthest behind in the recovery, with double unemployment and higher inflation. It was Spain, unfortunately, which had already slowed down in recent weeks. It was symbolic that …
Back to work: Spain eases confinement to revive the economy
Spain has announced that lockdown measures are to be relaxed, allowing some non-essential workers to return to work. /Javier Soriano/AFP Spain has announced that lockdown measures are to be relaxed, allowing some non-essential workers to return to work. /Javier Soriano/AFP Spain, one of the countries hardest hit by the global COVID-19 pandemic, began on Monday …
Nicholas Macpherson: Former Treasury boss to join Scottish economic recovery meeting
[ad_1] Former senior Treasury official Sir Nicholas Macpherson will today be among the experts attending the first meeting of the Scottish Government’s new Council of Economic Advisers. Macpherson’s appointment to the corps met with opposition from some members of the Yes movement when it was announced earlier this month. He was the longest-serving Mandarin in …
German companies worried about the future of Catalonia | Business | Economic and financial news from a German perspective | DW
As the world waits to see whether Spain’s autonomous region of Catalonia will declare independence from Madrid early next week, German business leaders warned on Friday that the move could leave their investments in legal and economic limbo. Catalonia’s leaders have vowed to defy a ruling by Spain’s Constitutional Court banning the planned meeting of …
Spain’s economy minister says all-male panels can count her
Spain’s Economy Minister Nadia Calvino speaks upon her arrival for a meeting of euro zone finance ministers in Luxembourg, October 4, 2021. REUTERS/Yves Herman Join now for FREE unlimited access to Reuters.com Register MADRID, Feb 3 (Reuters) – Spain’s Economy Minister Nadia Calvino said on Thursday she would no longer attend events if women were …
European economy exceeds expectations as risks diminish – EURACTIV.com
The European economy is enjoying a period of positive momentum as growth spreads across all member states, public accounts are expected to look healthier and risks are balanced for the first time in a long time, the European Commission concluded on Thursday 9 November. “These are the highest growth rates in ten years,” said exultant …
Catalonia could be an extremely prosperous economy and an EU Member State | The independent
[ad_1] It is not for foreign economists to take a position on the independence of Catalonia, because it is for the peoples of Catalonia and Spain to decide. What can be said, however, is that if Catalonia were to become a fully independent country, there is no reason why it should not – after a …
Expo: Sanchez on Spain Day, ‘we are solidarity, innovation’ – Economy
(ANSAmed) – DUBAI, 02 FEB – Spanish Prime Minister Pedro Sanchez opened the national day dedicated to Spain at Expo 2020 Dubai on Wednesday, during an official ceremony under the iconic dome of Al Wasl Plaza. “This is Spain: solidarity, creativity and innovation” and with the Emirates “we will develop a strategic partnership to contribute …
Critics fear historic stimulus aid will hit ‘real economy’
Spain’s King Felipe VI (saluting), Queen Letizia (2nd from right) and their daughters Spain’s Crown Princess Leonor and Princess Sofia attend the Spanish National Day ceremony at the Royal Palace in Madrid. It comes after the Spanish government declared a state of emergency in Madrid in an attempt to halt the spread of coronavirus in …
‘Troubled Times’: Scott Morrison Says Economy ‘Obviously’ Takes a Big Hit from Omicron | Australia News
Prime Minister Scott Morrison said the economy was “obviously” taking the brunt of the Omicron wave of the pandemic, while Labor warned that mismanagement of health outcomes would make matters worse. As the country recorded another 71,000 cases nationwide on Monday, Morrison said it was “understandable” that the Omicron variant was affecting the economy, but …
UK economy rebounds a record 7.5% from pandemic in 2021
Britain’s economy grew by a record 7.5% last year as Covid curbs eased after a pandemic-induced meltdown, official data showed on Friday, but analysts warned a skyrocketing inflation clouded the outlook for 2022. The expansion, which was the fastest since records began in 1948, followed a record fall of 9.4% in 2020, the Office for …