By John Smith • 25 October 2020 • 13:56
AS it publishes its plans for the future of the Spanish economy, the Bank of Spain has indicated that it believes it important to consider introducing some form of CBDC (digital currency) in order for banks to cope with new challenges.
The Parliamentary Commission of the Toledo Pact in Spain’s House of Congress wants the Government to consider introducing a new tax on companies that introduce robots to replace workers who after losing their jobs could apply for Social Security.
REPSOL has decided that its activities in Ecuador where it has been exploring for oil for the last 20 years are not sufficiently profitable and is therefore (subject to government approval) selling its assets to a Canadian company for €4.2 million.
AS progress to merge moves forward, the Boards of Bankia and Caixa Bank have called December shareholder meetings to gain formal approval for the proposal which will create a huge new Spanish banking entity.
Veggie burgers ok
THE European Parliament has voted to reject a proposed ban initiated by the powerful farming lobby on use of meat terms for vegetarian products such as veggie burgers but it will stop dairy descriptions like imitation cheese.
Thank you for taking the time to read this news article “Spanish finance news in brief”. For more UK daily news, Spanish daily news and Global news stories, visit the Euro Weekly News home page.
Euro Weekly News is delighted to continue be able to bring you a range of News from around Spain in English and Global News live as it happens.
Euro Weekly News doesn’t cost you anything but your internet connection. Whether it’s bringing you the local Spanish news or the International news today, we’ve got you covered!
Euro Weekly News, the leading free local and national newspaper in Spain, the people’s paper, we lead others follow!
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our
Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica.
Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene.
Share your story with us by emailing [email protected], by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews
Your email address will not be published. Required fields are marked *
Downlaod our media pack in either English or Spanish.