Thursday, June 4, 2020

Ryanair announces 3,000 job cuts due to coronavirus crisis

RYANAIR has announced that it expects to cut 3,000 jobs due to the coronavirus crisis.

Hoteliers in Spain’s Mallorca put forward Playa de Palma as tourism pilot destination until COVID-19 vaccine found

Hoteliers believe Playa de Palma has the ideal conditions to protect visitors from coronavirus

Cordoba has highest unemployment levels in Spain, new figures reveal

NEW figures have revealed that the province of Cordoba has the highest unemployment levels in Spain. The annual study...

British Airways set to make 12,000 people redundant due to coronavirus crisis

BRITISH Airways is set to cut up to 12,000 jobs due to the coronavirus crisis, it has been reported.

Spanish car company, SEAT registers €48 million loss in March alone

SEAT have made staggering losses since the start of the coronavirus crisis.

Officials in Germany say there will be NO holidays to Spain this year in multi-million euro blow to Balearic...

Germans are likely to bypass holidays to Spain this year, according to the country's tourism commissioner

COVID-19: Spain’s Andalucia plans to open shops from May 11 and bars and restaurants from May 25

THE President of the Junta de Andalucia has said he wants to reopen the region’s shops, bars and restaurants in May.

Ryanair ordered by High Court to bring back 224 staff it sacked across Spain

SPAIN’S High Court has ordered Ryanair to bring back 224 members of staff it sacked across Spain. Judges said...

Catalan clothing line Mango plan to quarantine tried-on clothes for ’48 hours’ as part of strict measures to hopefully...

SPANISH clothing lines Mango has begun reopening shops in northern Europe, with 135 active in Austria and the Netherlands, while 483 more...

‘Bigger and better’ terraces to kickstart comeback of restaurants in Spain’s Mallorca post-coronavirus

Outdoor spaces are proven to be healthy than those indoors, thus posing less risk of contagion

Mercadona sees profits drop 95% in March during Spain’s COVID-19 crisis

MERCADONA has recorded losses of nearly 95% in March, it claims are due the coronavirus crisis. The supermarket giant...

Your finances may be hit by other headwinds, not just coronavirus

The far-reaching and serious impact of the coronavirus pandemic is dominating almost every area of our lives - including our financial lives. Covid-19 has wreaked...

Bank of Spain estimates the economy will shrink by up to 13% this year due to coronavirus crisis

THE Bank of Spain has estimated that the economy will shrink by up to 13% this year.

Construction, Windows and Doors, and High-end Product Distribution

The Protec Group, comprising a team of over 40 talented specialists in their fields, has grown from strength to strength since its establishment in...

Which Businesses Have Benefited from The Shutdown?

The effects of coronavirus on the world have been utterly devastating, highlighting just how fragile the systems that we expected to always work really...

Chartered Financial Planner Jonathan Holdaway has completed his life planning course and is quoting Henry Ford and John Lennon...

In the current climate there has never been a better time to create your life and financial plan

EXCLUSIVE: British expat in Spain wants to start his own production line of face masks to help during the...

A BIG hearted British expat is trying to create a production line of face masks in Andalucia.

Manage Your Finances Through Economic Unpredictability

For those who live in Spain right now, economic uncertainty is among the most pressing issues causing headaches and anguish to the population as...

COVID-19: Over 50% of hotels in Spain’s Balearic Islands will NOT open this year as owners accept 2020 will...

More than half of hotels in Mallorca, Menorca, Ibiza and Formentera have made the decision to remain closed this year

COVID-19: Around 25% of hotels in Spain’s Malaga will not reopen after coronavirus crisis

This is the stark prediction by the president of the Aehcos

COVID-19 GUIDE: What self-employed expats in Spain’s different regions need to know about being autonomo during coronavirus crisis

Spain’s 3.2 million self-employed workers still had to pay their €283 social security contributions at the beginning of April

MUST READ: When will the supermarkets be open during Semana Santa on Spain’s Costa del Sol?

THE country may be in the midst of a pandemic but this week is Semana Santa, and that means a change in shopping hours.  Although...

COVID-19: Crisis-hit tourism businesses in Spain’s Mallorca to delay opening until 2021 as hoteliers demand tax offsets

The island's tourism sector is undergoing an immediate crisis with countless companies considering reopening in Easter 2021

COVID-19: Chartered Financial Planner Jonathan Holdaway gives his top five tips for when markets are volatile

There are no cast iron guarantees to investing, but by developing these habits, you can make volatile stock markets work better for you in the long run

EXPLAINED: What you need to know about ERTE and autonomos during Spain’s coronavirus lockdown

As the economy crumbles amid the corona pandemic, this Olive Press business survival guide will help you navigate the rubble