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Business Brief

Spain Business Brief - Thursday November 30, 2017


The Spanish football Liga wants to cutback the excessive amounts surrounding the British Premier League, with a plan for the next decade to expand the international audience.



Nov 30, 2017 - 6:52 PM


Galician construction group Copasa has linked with the British Fund InfraRed Capital Partners Limited, to bid for 5 billion € for the Plan for Roads Infrastructure (PIC in Spanish) announced by Mariano Rajoy in July, which corresponds to 2,000 kilometres of roads until 2021.

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British company Carwow is entering Spain after capturing an investment of 39 million dollars last summer. The online sale of cars has a new competitor in Spain which was founded in 2010 by James Hind, CEO of Carwow and Alexandra Margolis, creative director of the group with headquarters in Holborn, and earlier this year landed in Munich as part of their European expansion. Set boss for Spain, Andrew Hooks, noted they would operate both in Madrid and Barcelona for sales, marketing, client attending and other departments.

The Spanish football Liga wants to cutback the excessive amounts surrounding the British Premier League, with a plan for the next decade to expand the international audience.
Javier Tebas, president of the Spanish Liga, said that the Premier League earns approximately 40% more than the Spanish, which obtains 1.7 billion € for audio/visual rights.

The departure of countries from Cataluña has reached 2,850 at the doors of the campaign for December 21. These companies took the decision between 2 October and 29 November and have moved their headquarters.

Energy, Tourism and Digital Agenda minister, Álvaro Nadal, has assured closing the coal-fired nuclear power plants, defended by PSOE and Podemos, would have ‘a stratospheric cost’ to the overall energy system – a 25% increase in wholesale power costs and taking the coal-fired offline over the Summer would see an increase of 15% in costs.

Union pressure has cut the number of sackings and increased compensations for the ERE of Santander and Popular – accepting to reduce the number of jobs lost by 184 from central services and to pay a higher compensation of 80% of wage for those taking early retirement, which continues open for the 55-63 year olds.


Save on your hotel - www.hotelscombined.com
The Basques, and those who live in La Rioja and Navarra are the Spanish with the highest sense of wellbeing. – Cash brings happiness, well nearly. Diverse statistics can be combined into one, possibly misleading – poverty, personal relations, school absenteeism, life expectancy, taking part in elections and safety in the streets. The Valencia Economic Investigation Institute has collected these variables based on income, health and education.
Worst placed are the residents of the Canaries, Andalucía, and Murcia region. Resident wealth and autonomous financing are the keys.

Private managers demand the Government send them the hidden pensions calculations since 2014. 90% of the Spanish believe that their savings information should be transparent as seen in ten other countries.
In 2011, José Luis Rodríguez Zapatero was the socialist in power which obliged the Cabinet to prepare an approximate calculation for the retirement pension on average – and then a letter was sent to the taxpayers.
November 2014, Mariano Rajoy had the use of individual data and reached an agreement with the private pension providers and also letters were sent. The draft of the royal decree from the State Council, when not approved in Congress, the letters were shredded without explanation.

The IBEX 35 closed down 0.55% to 10,211.00
The FTSE 100 closed down 0.90% to 7,393.56
Euro / Dollar closed up 0.30% to 1.189.


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