Spain’s €200 billion plan to aid ‘autónomos’, employers and laid-off workers through the coronavirus crisis
PEDRO Sanchez has today announced a €200 billion package to aid the self-employed, employers and laid-off workers through the coronavirus crisis (details below). The Prime Minister said the economic measures – equivalent to ‘20%’ of Spain’s GDP – are the ‘largest’ mobilisation of public funds in modern Spanish history. SpeakingContinue Reading
BREAKING: Gibraltar government planning to put in place an EMERGENCY budget for next few months
THE Government of Gibraltar has convened a meeting of Parliament for an emergency budget on Friday. The Government is using the power to convene Parliament in an emergency, without having to give the usual five days notice. The Opposition have all agreed not to ask questions for this meeting inContinue Reading
Google Local Reviews in Spain and why you shouldn’t trust them
THE Irish have a saying that goes, ‘if you can’t say anything, say nothing’. It seems particularly apt in the case of Google’s Local Reviews where it is possible for any ‘user’ – human or not – to give your company a one-star rating without comment, justification or explanation; aContinue Reading
Number of car sales in Spain drop by a STAGGERING 85% during first week of lockdown
CAR sales in Spain have fallen dramatically during the first week of lockdown. According to data from the MSI Consultancy for the Federation of Automotive Dealers Associations (Faconauto), the number of sales fell by 85% this week, compared to the same week last year. Only 4,169 units were sold duringContinue Reading
How to manage your investments through Spain’s coronavirus crisis, writes financial columnist Sam Kelly
I’m sure as you all read this, you’ll be sat in the safety of your homes, the cleanest they’ve ever been, surrounded by toilet roll and hand sanitiser! So here we are living in what is beginning to feel like some bizarre dystopian future, a world that feels like itContinue Reading
Price of weed doubles or in some cases triples in Spain due to coronavirus lockdown
THE price of weed in Spain has skyrocketed due to the coronavirus lockdown. According to last year’s national plan on drugs report, one in ten Spaniards smokes marijuana. These people will have to pay more to get their supply of hash however, as with the lockdown that has been inContinue Reading
How 3D printing is providing much-needed medical supplies to fight coronavirus in Spain
COMPANIES in Spain have begun 3D printing much needed medical supplies for the ongoing coronavirus fight. More than 700 people have combined their 3D production capabilities to create protective screens for health professionals in Asturias. It comes after an initiative launched by Makers Asturias saw the tech company release instructionsContinue Reading
Government considers freezing rents for ‘two months’ for people affected during Spain’s coronavirus lockdown
A FREEZE on rental payments is being considered by Spain’s government to aid citizens affected during the coronavirus lockdown. Unidos Podemos, the left-wing alliance in a ruling coalition with PSOE, have proposed the plans, seen by TVE. The measures will benefit anyone with difficulties paying rent due to loss ofContinue Reading
COVID-19: Spain’s Balearic Islands to take €1.8 BILLION tourism hit and face 400,000 job losses
ALONGSIDE the tragic human costs of the coronavirus pandemic, the impacts on the Balearic Islands’ economy are set to be catastrophic. As many businesses opt to implement ERTEs, a temporary lay off of workers, some 400,000 people are expected to be impacted. This prediction by the General Workers Union (UGT),Continue Reading
Five of Spain’s Ibex 35 companies pledge €150 million to the health authorities to help fight coronavirus
LARGE companies from the Ibex 35 have donated €150 million to the health authorities to help in the fight against Covid-19. These include BBVA, Iberdrola, Inditex, Santander and Telefonica. The companies have coordinated it with each other and with the health authorities in order to donate and help out. AccordingContinue Reading