pension
December 15th, 2009
Prices rose a half point in November and confirm the emergence of signs of recovery after eight consecutive months of decline that has placed Spain in a period of recession. This finding was confirmed by the National Statistics Institute (INE) and gives the cumulative inflation from January at 0.8% and ...
Continue reading Real Signs of Recovery from Recession in Spain
December 22nd, 2009
The government aims to banish the current rules which state that workers are exempt from the obligation to contribute to Social Security if the duration of their work is less than 72 hours per month. With the new rules, employers and employees are required to declare "from the first hour ...
Continue reading Part time workers to pay Social Security
December 23rd, 2009
The electricity tariff set by the government and currently applied to 22.7 million homes and small businesses will rise from the 1st of January by 2.64%, as reported today by the Deputy Prime Minister, Maria Teresa Fernandez de la Vega. In a statement, the Ministry of Industry has suggested that the ...
Continue reading Spanish Electricity Prices to Rise by 2.6% in 2010
January 4th, 2010
As well as the recently reported rises in the rates of essential basic services such as electricity, gas and public transport, general taxes have also risen in the new year. The government has adopted higher taxes in efforts to address the drop in revenues caused
Continue reading New Year Spanish Tax Hikes
January 16th, 2010
Individually managed pension plans returned a weighted average of 6.10% for their participants in 2009, according to data provided today by VDOS Stochastics. The head of company analysis, Paula Mercado, has stressed that the main winners of the year were
Continue reading Pension Fund Growth at 6.1% in 2009
January 27th, 2010
The European Commission has given the green light to government funding of the Spanish movie industry, which is to be granted 576 million euros until the 31st of December 2015, and which includes measures to support the production and distribution of Spanish based
Continue reading Spanish Movie Industry Aid Approved
January 27th, 2010
A farmer from Castril in Granada has been sentenced to 18 months in prison for the poisoning of a female osprey; the osprey was released in 2007 under the Andalucian Ministry of Environment's Reintroduction Program. The ruling was accepted by all parties, and
Continue reading Suspended Sentence For Poisoning Osprey
January 28th, 2010
The European Commission has today called on Spain to amend its tax legislation rules that require individuals and entities not resident in the country to appoint a tax representative within the Spanish territory. Brussels believes that certain requirements of the Spanish
Continue reading EU: “Spanish Tax System Violates European Rules”
February 1st, 2010
The Spanish Prime Minister, José Luis RodrÃguez Zapatero, said today that the Government's proposal to raise the retirement age to 67 years is "reasonable" and there are similar debates in "all European countries". He also promised that any decision on pensions
Continue reading Spanish Retirement Age To Rise To 67
February 4th, 2010
The Deputy Prime Minister, Maria Teresa Fernandez de la Vega, and the Minister for Economy and Finance, Elena Salgado, have both publicly spoken about "misinterpretations" regarding plans to reform the Spanish pension system. Yesterday, the government
Continue reading Pension Contributions Change Was “Misinterpreted”
