government
April 22nd, 2011
Spanish savings banks or “Cajas” plan to take action before the government hardens legislation in relation to early retirement. In excess of 11,500 Cajas employees could benefit from this change in employment legislation, which is estimated will cost the industry about €3,700 million. Each Cajas employee who chooses to take early ...
Continue reading Spanish Savings Banks Take Action On Early Retirement
March 24th, 2011
The Spanish football league season might need an extension due to a threat by the National Professional Football League (Liga Nacional de Fútbol Profesional - LFP) to postpone matches next month in a dispute with the government. The LFP says it is proceeding with a strike on the weekend of April ...
Continue reading Football League Matches to be Postponed
March 24th, 2011
72 cases are being closely investigated in a scam involving individuals who are alleged to have been illegally paid money from a public fund set up to help companies pay for the early retirement of its employees. Police believe the fund of 647 million euros was created unlawfully, and that the ...
Continue reading Early Retirement Pay Off Scam
March 16th, 2011
The new speed restriction on motorways and dual carriageways, which is a temporary measure introduced by the Government, came into force on Monday 7th March and drivers are now restricted to a maximum speed of 110 kph instead of the previous 120 kph. This measure aims to reduce fuel consumption in ...
Continue reading Does the Reduced Speed Limit in Spain Really Save Fuel?
March 10th, 2011
The Spanish government are incensed by a credit rating downgrade by Moody's that cited worries over the cost of the banking sector's restructuring. Moody's said it would require €50bn and not the €20bn predicted by the government. The announcement came just hours before the Bank of Spain officially estimated the requirement ...
Continue reading Moody’s Downgrades Spain Just Hours Before Bank Results Revealed
March 1st, 2011
Spain will lower motorway speed limits, cut train ticket prices and use more biofuel under an emergency energy-saving initiative because of soaring oil prices brought on by unrest in Libya. The Libyan rebellion has sharply reduced exports from the oil-rich nation, and about 13 percent of the oil Spain consumes comes ...
Continue reading Speed Limits in Spain to Be Lowered in Effort to Save Fuel
February 25th, 2011
After having been deemed illegal in 2007 by the Andalucia regional government for being constructed on non-urban land, around a thousand homeowners in the town of Zurgena have been assured that their properties will not be demolished. Despite assurances from the town's mayor, Candido Trabalon, that the homes will not be
Continue reading Mayor Tries to Calm Fears Over Illegal Zurgena Property
February 15th, 2011
Spain hopes to raise between 1.5 and 2 billion euros by selling frequency space on the 310Mhz broadcast spectrum for mobile phones, the industry ministry said yesterday. The government predicts this will require an investment of 1.2 billion euros by telecom providers and create 40,000 jobs. The sale follows similar
Continue reading Government to Raise €2bn and Create 40k Jobs in Mobile Auction
January 27th, 2011
Spain's government and unions have said they are close to an agreement on pension reform, a move that will avert a second general strike in less than six months. In separate statements, the government said a preliminary agreement had been reached, while Comisiones Obreras, Spain's biggest union, said an
Continue reading Pension Age in Spain Will Rise to 67
January 21st, 2011
The new year has begun with an alarming number of produce robberies in the agricultural areas of Murcia, said the secretary general of ASAJA (Young farmer's Association) Murcia, Alfonso Gálvez Caravaca, who revealed that "since the beginning of January we have found that thefts of fruits and vegetables from our ...
Continue reading Spanish Farmers Hit By Increase in Crop Theft
