Wednesday, January 26, 2022

Business & Finance

Spain announces crackdown on cryptocurrency adverts that ignore investor risks

SPAIN is clamping down on the advertising of unregulated cryptocurrency investments. Concerns about investors being ripped-off by bogus claims have prompted a new rule that...

NEW LAWS IN 2022: non-lucrative visas, tax hikes, pricier new cars and why you might buy a second-hand one...

JANUARY is a key time for businesses, self-employed workers and consumers in Spain. This is for two reasons: the tax year in Spain starts on...

First Correos cashpoints (ATMs) arrive in Valencia – why Correos accounts are perfect for expats

CORREOS might be an odd hero to take on the banking world, but as it rolls out 1500 new cashpoints (ATMs) across Spain you...

SHOPPING: What you need to know about January sales across Spain in 2022

JANUARY and July are the two most exciting times of the year for clothes shoppers in Spain. As soon as the Three Kings festivities are...

Bankruptcies in Spain rise by a third during 2021 but start-up numbers are even bigger

THE number of businesses declared bankrupt in Spain last year rose by 31% compared to 2020. In contrast, 102,169 new companies were registered in 2021,...

Pedro Sanchez says Spain’s creating ‘quality jobs’ as unemployment tumbles in 17-year record fall

SPAIN created 782,232 new jobs in 2021 in the biggest annual fall in registered jobless since 1995. December's figures from the Labour Ministry saw 76,782...

Food and power prices boost Spain’s inflation rate to highest figure in nearly 30 years

SPAIN'S inflation rate has hit 6.7% this December- the highest annual hike since March 1992. Official figures published on Thursday from the National Statistics Institute(INE)...

TAX SHAME: Millionaire footballers from Barcelona and Real Madrid feature on Spain’s tax defaulters list

SPAIN has published its annual list of tax shame - and footballers continue to be targeted by the tax man. Real Madrid manager Carlo Ancelotti...

Telefonica in Spain strikes deal with unions for 2,700 voluntary job losses

SPANISH telecoms giant Telefonica has reached an agreement with unions to cut 15% of its workforce. The reduction will be achieved through an estimated 2,700...

Barcelona’s Gerard Pique gets big tax break from Spain’s Supreme Court

BARCELONA footballer Gerard Pique has landed a €2.1 million pre-Christmas windfall courtesy of Spain's Supreme Court. Pique, 34, has been given a refund of a...

Activists battle to stop ‘cruelty’ of world’s first octopus farm in Spain’s Canary Islands

WHEN Craig Foster filmed a ball-shaped creature covered with seashells in a South African kelp forest he had no idea the resulting My Octopus...

LOOKING TO THE FUTURE: SEAT opens new battery test and research plant for electric vehicles in Spain’s Barcelona

SEAT has opened a new €7 million battery research and development centre for electric and plug-in hybrid cars. The centre (known as TCE) at the...

Clean bill of health: Spain’s health system is amongst best in EU for protecting people from financial hardship

PEOPLE in Spain are less likely to suffer financial hardship due to healthcare costs than in most other European countries. The financial crisis in Spain...

Essentials: What you need to know about getting a mortgage on your property on Spain’s Costa del Sol,...

IN the first part of this piece, we discussed interest rates in Spain and the kind of client profiles that Spanish banks look for....

Reasons to Use Desktop Ticker For Your Business

The ticker tape on the desktop can increase the reach of the audience and attract new customers. What do you think of this fact?...

Only one Spaniard made the Forbes list of the world’s 100 most powerful women

ONLY one Spaniard has made it into the Forbes list of the world’s 100 most powerful women and it isn’t Queen Letizia or Penelope...

Price of electricity in Spain to break record highs on Wednesday

THE price of electricity in Spain will break new records on Wednesday as Spain's electricity operator (OMIE) predicts an average cost of €291.73 per...

COVID certificate keyrings are latest must-have accessory in Spain

A VALENCIAN T-shirt printing and design company has seen a spike in business after offering personalised keyrings printed with your own COVID certificate. Goatxa boss...

‘Digital Nomad visa’ and tax breaks: How Spain wants to attract remote workers

THE Spanish government has given the green light to introduce new measures to attract digital nomads to make their base in Spain. The measures, which...

Supermarket sweep: How prices compare on a weekly shop in Spain?

Sizing up the best choice for our weekly shop is a tedious exercise that never seems to pass its sell-by-date. But there’s more to it than purely shaving the odd cent off the bill, writes Heather Galloway.

Banco Santander ordered to pay banker €68 million just months after big staff cuts and branch closures in Spain

A Madrid court has ordered Banco Santander to pay €68 million to Italian banker Andrea Orcel for reneging on an offer to make him...

Christmas bonus for every Benidorm resident on Spain’s Costa Blanca

BENIDORM residents can get a €50 discount on city shopping until the end of the year. The 'BenidormTeDaMas' scheme allows anybody aged 18 and over...

Mercadona supermarkets in Spain to pay staff an inflation-matching wage increase

THE Mercadona supermarket chain is set to give its entire workforce a 5% pay rise on January 1. Spain's biggest private company is the first...

HOURLY RATE: Spain fines 1,274 companies a total €1.5 billion over working hours violations

THE Spanish government has raked in more than €1.5 billion in fines on companies who failed to properly record their employees’ working hours. Since a...

Spain’s Seat uses railway to link Barcelona factory with Volkswagen plant in Portugal in effort to cut CO2 emissions

CAR manufacturers are not noted for their green credentials, despite their move towards an electric future. But now  Spanish company Seat is taking a step...

A safe haven: As inflation rises and interest rates in Spain stay low, investors turn to new build property

HIGH inflation and low interest rates are pushing investors towards the real estate sector, which is once again becoming a safe haven asset. This is...

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