Tuesday, January 31, 2023

Business & Finance

Unemployment in Spain fell by nearly 80,000 people in 2022 with 278,900 jobs created

THE RANKS of the unemployed fell by 79,900 people in Spain in 2022 compared to the year before. That was a decrease of 2.6%,...

European home furnishing giant looks at opening logistics centre in Spain’s Alicante

DANISH home furniture and accessory retailer JYSK will open a logistics hub to serve the Iberian Peninsula and has identified a possible Alicante Province...

Home delivery company Glovo fined €56.7 million for breaking Spain’s employment laws

Home delivery firm Glovo has been fined €56.7 million for breaking employment laws in Spain The Labour Inspectorate said the penalties were for taking on...

Experienced expat accountant: How to navigate Spanish pensions, social security

By Peter Sanderson At the end of last year the Spanish government announced that the 2023 contributory pensions would be increased by 8.1%. This larger...

Number of bankers in Spain earning over a million euros grew from 128 to 221 in 2021

THE NUMBER of bankers in Spain who earn more than €1 million a year grew considerably in 2021, to a total of 221. This...

First digital euro token to be tested under watchful eye of Bank of Spain

THE Bank of Spain will allow a digital euro token to be tested by Malaga-based payment gateway firm Monei. It will be the first use...

Job Opportunity for MoneyCorp Gibraltar – Apply Now!

Position: Head of FIG Compliance, Global (Full-Time / Permanent) Salary: Commensurate with experience (plus benefits and bonus) Location: Gibraltar Who We Are Moneycorp is a thriving dynamic business...

Spain’s Vueling Airlines becomes first European budget carrier to accept cryptocurrency

SPAIN'S Vueling Airlines will allow cryptocurrencies as payment for fares later this year. The low-cost carrier says it will be the first budget airline in...

Surprise inspections for Big Four accounting firms accused of running sweatshop practices in their Spain offices

ACCUSATIONS that they were making their Spanish employees work 84 hour weeks triggered simultaneous surprise inspections for the big four accounting firms by Spain’s...

Barcelona City Hall to ban ‘phantom’ supermarkets and kitchens that are ‘overtaking public spaces’

BARCELONA City Hall is banning supermarkets and kitchens whose products are only available for home delivery. The measure will target popular businesses such as...

From oil to biofuel in Spain’s Huelva

AN old oil refinery in Spain’s Huelva has been rapidly converted to produce biofuels, capable of reducing CO2 emissions by 90%. Cepsa says that the...

Spain sees record surge in tax revenues, partly due to Covid-19 pandemic

THE COVID-19 pandemic had a lot of different effects on the way Spaniards live, from an increase in home working to a change in...

More expatriates tell of pension woes amid social security battles in Spain

A number of British expats, and even a Spanish national, have come forward with worrying stories about their struggles to claim their pensions in...

Spain to get new rail superhighway aimed at taking 48,000 lorries off the roads

IN SPAIN, just 5% of goods are moved by freight train, compared to the European average of 20%. But that is set to change...

Use of cash in Spanish stores drops drastically compared to 2019 new study finds

Paying with cash is quickly becoming a thing of the past as more people opt to pay via card or mobile apps than ever...

Your Engineering Job Can Directly Impact a Business – Here’s How

Having an engineering degree can give you a competitive edge in the job market, but it also has the potential to directly benefit businesses....

Jobless down: Spain ended 2022 with lowest level of unemployment for 15 years

SPAIN closed 2022 with its lowest level of unemployment since 2007. The Labour Ministry revealed that the jobless total now stands at 2.83 million, down...

BIG DATA: Microsoft follows Amazon in massive investments in Spain

TECH giant Microsoft is to build a massive data centre near Madrid. The company has contracted Ferrovial to construct the facility. The cost has not...

Why have Chinese stocks performed so poorly in 2022?

Chinese stocks have really had a disastrous year. The value of the country's biggest companies, such as Alibaba and Tencent, have been reduced by...

British expats struggle to claim pensions through Spain’s social security office

A British expat is pleading for help after waiting nearly six years to get his Spanish pension. The Marbella-based 70-year-old faces bankruptcy and potential homelessness...

Tesla Model 3 best selling EV in Spain

THE Tesla Model 3 has become the best selling electric vehicle in Spain. And the company’s Model Y is in third place, with just one...

EXPLAINER: A guide to Spain’s big January fashion sales

JANUARY is always the time when clothes shoppers in Spain can pick up a bargain in the big sales. Once Friday's Three Kings holiday is...

New car sales in Spain plunge to nine-year low

NEW car sales in Spain have plunged to a nine-year low due to rising costs and logistical issues. Just 813,396 new vehicles were sold in...

Spanish industrial activity continues to fall

TO cap off a ‘miserable six months’ Spain’s manufacturing economy remained mired in contraction territory during December. Factory activity continued to fall, although there has...

Motorists in Spain rush to filling stations as government’s fuel discount comes to an end

PEOPLE from all over Spain reported on Saturday long queues at petrol stations as motorists sought to take advantage of the last days of...

Mercadona supermarket chain in Spain announces staff wage rise in line with inflation

STAFF working for Mercadona supermarkets in Spain will get a 5.8% salary increase- in line with inflation- this January. Workers got a 6.5% inflation-matching rise...

FOLLOW OLIVE PRESS

27,836FansLike
2,316FollowersFollow
163FollowersFollow
17,791FollowersFollow
107FollowersFollow
9,604FollowersFollow
1,800SubscribersSubscribe

LATEST NEWS FROM THE OLIVE PRESS

Madrid restaurant famed for its Spanish omelettes forced to close doors after salmonella outbreak

A MADRID restaurant that is famed for its Spanish omelettes has been forced to temporary close after around 30 patrons got sick with salmonella.  Casa...

WHAT YOU'RE TALKING ABOUT

Register / Login to Comment