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Brussels files for Spain for harming foreign landlords

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Brussels files for Spain for harming foreign landlords The European Commission is also investigating this country and eight others for having failed to comply with its obligations to provide information on the environmental status of its marine waters   The European Commission opened on Thursday a file to Spain for not allowing non-resident citizens to benefit from a reduction for income tax purposes for the rental income of real estate, according to a statement. That is, according to Brussels, investors from other EU countries are subject to different treatment that "unduly" restricts the free movement of capital. And is that residents enjoy a reduction of 60% of the net income obtained by the rental of real estate used by the tenant as a home , but does not allow non-residents can benefit from it. At the moment, Brussels has sent a letter to the Government reminding him of his obligations. It gives you a period of two months to adapt the rules and, if not, it...

Long live the green infrastructures of the Peninsula

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Long live the green infrastructures of the Peninsula Climate change is the obsession of public administrations, but hidden behind it appears the loss of biodiversity   «The snow in the Pyrenees, by 2050 could decrease by half to 1,800 meters, according to the current reference, and average temperatures could rise between 1 and 2 or 7ºC until 2030 and even more, between 2 and 4º C more for the horizon 2050 », according to the report 'Climate Change in the Pyrenees: impacts, vulnerabilities and adaptation', coordinated by the Pyrenean Observatory of Climate Change (OPCC). Other reports warn of the disappearance of the Amazon and others point to the rise in temperature in the Poles.   "We can not continue on the path of biodiversity loss, so it is essential to put this issue at the center of political agendas so that, in two years, we can present ambitious objectives that give an effective response to this complex challenge", says Hugo Morán, Secretary of St...

demand the Government "audacity" to repeal the labor reform

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demand the Government "audacity" to repeal the labor reform CC OO and UGT begin today a process of mobilization in which they ask «to go from words to deeds»   Not fulfilling commitments has a price. This is the message that CC OO and UGT today sent to two addressees: the Government, on the one hand, that does not take action to implement the agreements adopted at the table of social dialogue, mainly as regards the repeal of the most harmful aspects of the labor reform, and employers, which does not demonstrate its willingness to apply the IV Agreement for the Government and Collective Bargaining (AENC) signed last June for the period 2018-2020.   Faced with this inaction of the Executive and businessmen, the two main unions of the country gathered in an act of protest held at the Caja Mágica in Madrid to more than 10,000 delegates from all over Spain under the slogan 'More facts, less words, now!' , in what they consider the beginning of a process of growi...

The PDeCAT increases the pressure and this Friday will register the amendment to the entire

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The PDeCAT increases the pressure and this Friday will register the amendment to the entire Nationalists consider the gestures of the central government around the rapporteur insufficient, but keep the door open    The pressure increases on Pedro Sánchez . Days after Esquerra registered in Congress an amendment to the totality of the General State Budgets, the PDeCAT announced that this Friday morning it will submit its amendment to the total of the Central Government Accounts in the register of the Spanish Parliament . The theses of the most radical leaders, such as Puigdemont, are imposed between the sovereignty forces, since the groups of both parties in Madrid were supporters until recently to allow the processing of budgets.   The nationalists decided this Thursday after a meeting at the highest level held in the Catalan Parliament attended by all the heavyweights of the heir of Convergència. The meeting between the PDeCAT and JxCat came in full negotiati...

Mapfre's profit falls 24.5% due to lower revenues and higher provisions

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Mapfre's profit falls 24.5% due to lower revenues and higher provisions Remuneration to the Board of Directors grows 21.6% Mapfre obtained a net profit of 528.9 million euros in 2018, 24.5% less than the previous year due to lower revenues - which have fallen by 5% due to low interest rates and the depreciation of currencies, especially the dollar, the Brazilian real, the Mexican peso and the Turkish lira - and the greater provisions to strengthen its balance sheet - have dedicated 173 million to the partial deterioration of goodwill of the insurance operations in the United States, Italy and Indonesia. In addition, the cost of catastrophic events, mainly hurricanes and winter storms, has had an impact of 97 million euros, and the restatement of the accounts of the subsidiaries in Argentina due to hyperinflation has subtracted 18 million. The operating result of the insurer has been 702 million euros, 0.3% more than in 2017, Mapfre closed 2018 with revenues of 26,590 mil...

The Ibex-35 loses again the 9,000 before the bad economic omens

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The Ibex-35 loses again the 9,000 before the bad economic omens The worst of all the European indexes was the German Dax, which fell by 2.67%, followed by Ftse Mib in Milan, which fell by 2.59%    After two consecutive sessions of advances in which the index first recovered the 9,000 and then the 9,100, the red numbers returned. And, in addition, quite severe. The selective Spanish gave a 1.79%, to give a last change in the 8.938,30 points. The worst of all the European indexes was the German Dax, which fell by 2.67%, followed by Ftse Mib in Milan, which fell by 2.59%. Then the French Cac 40 was placed, which was left 1.84%. The PSI-20 of Lisbon gave 1.52% and the British FTSE 100 fell 1.11%. The European Commission's sharp downward revision of the growth forecasts for the euro zone contributed to the decreases in the European indexes: for this year it has gone from forecasting an expansion of GDP of 1.9% to anticipating growth of 1.3%.   To this has been ...

The AVE stations generated an additional cost of 7.637 million, 186% more

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The AVE stations generated an additional cost of 7.637 million, 186% more The Court of Audit once again questions the economic efficiency of high speed, criticizes burglaries and the low degree of execution of works   The works of the high speed railway in Spain, crossed out at times of almost pharaonic, have in the Court of Accounts one of their main detractors. And it is not the case that the oversight body does not recognize the significant time savings that are achieved in the displacements, it is that numbers in the hand imply that it could not possibly compensate the public treasury. At least this is the result of his latest report, published this Thursday and very severe with the apparent waste in the construction of AVE stations . And is that after analyzing the works of 13 of these infrastructures between 2002 and 2010, concludes that there was an additional cost of 7.637 million euros, which represents almost three times more than the item dedicated to educati...