BBVA bank bosses in Spain offer to cut compulsory job losses after one-day strike
THE BBVA bank has reduced planned compulsory redundancies in a last-minute bid to strike a deal with the CCOO union. Formal talks are due to
Courts in Spain flooded with cases following spike in cryptocurrency scams
SPANISH courts are overwhelmed with the number of cases related to the fake cryptocurrency schemes. Following the recent price increase of cryptocurrencies, con artists have been taking
Investment Alert! Are you invested in Momentum Harmony, Lombard Russell or Privee Select Funds?
Sam Kelly DipPFS, EFA, BA (Hons) Managing Partner Chorus Financial I’ve come across a number of clients in the above-mentioned funds. They are commonly used
Workers at Spain’s BBVA bank will strike next week over redundancy plans
EMPLOYEES at the BBVA bank, the second largest in Spain, are set to strike on June 2 in protest over planned job losses and branch
WORRYING: Andalucia has third lowest average income per person in Spain, while northern Spain tops list
ANDALUCIA has the third lowest average yearly income per person in the whole of Spain according to official figures from the INE. A survey carried
CLEANING UP: Spain set to spend €1.55 billion to kickstart clean hydrogen production
SPAIN is to splash €1.55 billion on clean hydrogen production in a bid to become European leader in the new technology. It has earmarked EU
Part-time football club on the Costa Blanca becomes the first to be listed on Spain’s stock exchange
AN Alicante area football club will be the first in Spain to be listed on the national stock exchange. The news came after Sant Joan-based
Workers take to the streets as Iconic Costa del Sol theme park not expected to reopen this summer
AFTER more than 50 years of providing thrills and laughter on Span’s Costa del Sol, Tivoli World is not expected to reopen this summer as
Small victory on the cards for bars and restaurants across Spain’s Balearic Islands as government considers 11pm closing time
This week, key ministers met with local business unions to discuss easing the restrictions currently enforced on the sector
EROSKI supermarket chain benefits from last year’s pandemic lockdown in Spain
EROSKI supermarkets have seen a big pandemic boost of a 30% rise in operating income which hit €252 million last year. The company’s sales rose
CAMPO CALLING: Small towns and rural villages throughout Spain launch drive to attract new residents and entrepreneurs
Budding entrepreneurs looking to relocate somewhere calmer, less crowded and healthier can apply through the website www.holapueblo.com until June 11.
Over 50,000 businesses across Andalucia apply for emergency COVID-19 fund
OVER 50,000 businesses in Andalucia have applied for funding from emergency coronavirus funding. The regional government confirmed that 53,796 requests were made for the COVID-19
TIME TO SELL: Land prices double in Spain’s Valencia province due to surge in demand for holiday homes
THE price of land to build holiday homes in Valencia Province has doubled due to a spike in demand. Real estate analysts have revealed that
ROYAL VISIT: King Felipe VI lands in Castellon to take part in yearly business conference
The reason for the royal visit was to take part in the yearly assembly of the Valencian Community Business Confederation, which King Felipe closed with
Norwegian Airlines cuts 1,200 jobs and closes bases across Spain
TROUBLED low-cost carrier Norwegian Airlines has announced that it will cut 1,200 jobs across Spain in a European restructuring plan as it battles with debt
BUY LOCAL: Agricultural union in Spain’s Valencia urges consumers to support regional and national producers
To set the balance right, the Valencian co-op makes a simple suggestion: buy Valencian and Spanish produce, if possible directly from farmers at markets or
What’s the worst that can happen to your investment or pension in Spain?
by Sam Kelly DipPFS, EFA, BA (Hons) Managing Partner Chorus Financial Often the first question asked by clients considering an investment or pension with Chorus
WELL CONNECTED: Spain’s Valencia and Alicante aim to become major hubs for data processing centres
Data centres store all the information digitalised by companies, some of which are operative 99.99% of the time – meaning they are only switched off
Electrifying news: Cash handouts of up to €9,000 to buy an electric vehicle in Spain
BUYERS of electric vehicles (EVs) in Spain can claim subsidies of up to €9,000. The Spanish government has approved an €800 million fund up until
CaixaBank to close 1,534 branches as part of Spain-wide shake up after Bankia merger
CaixaBank has announced it will cut nearly 20% of its workforce across Spain as part of a nation-wide shake following their merger with Bankia. The
GET CREATIVE! Coworking and creation centre at rock-bottom prices launched in Valencia city
THERE is no shortage of creative talent in the world – from musicians to artists, handcraft artisans and technology wizards, exciting new projects are being
SWAN’S CORNER: ‘A fine is a tax for doing wrong. A tax is a fine to do well’….a catchy little phrase to let you know that it is income tax declaration time again!
Now is the time to fill out Spain’s annual Personal Income tax return (“declaración de la renta” or PIT). Here is what you need to
Home of Bacardi drinks empire founder in Spain falls victim to coronavirus pandemic
THE home of the founder of the Bacardi drinks empire is to close near Barcelona, another victim of the Covid-19 pandemic. Casa Bacardi in Sitges
DEAR JENNIFER: How do I get the best protection after Brexit?
I understand that there are still different versions going around as to what is required under the Brexit terms for remaining in Spain. Please make
Could you be paying less for your investments and pensions in Spain?
Tracy Storer Senior Partner Chorus Financial I’ve just come out of a regular review with one of my clients, and top of the agenda was
Bars and restaurants in Spain’s Palma de Mallorca exempt from terrace tax until 2022
Costing Palma City Council an estimated €1.8 million, the measure hopes to help hard-hit bars and restaurants in the capital overcome the coronavirus crisis