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07 Jul

Invest in Spain: Annual Report published by ICEX

ICEX-Spain Trade and Investment has once again published its regular Annual Report. It is a document in which ICEX shows its lines of action during 2020 and which has great strategic value for the entities, organizations, associations, and companies with which it works. Chapter 5 is dedicated to Foreign Investment Attraction Services, for which the […]

25 Jun
productivity

The Spanish Government welcomes the five-year suspension of tariffs between the US and the EU

The Government of Spain welcomes the decision to suspend, for a period of five years, all tariffs imposed between the United States (US) and the European Union (EU) in the context of the World Trade Organisation (WTO) disputes in the large civil aircraft sector, as announced by the European Commission (EC) during the EU-US Summit. […]

31 May
OECD economy post covid19

Post-Covid economy: OECD sees brighter economic prospects but an uneven recovery

Post-Covid 19 economy: Prospects for the world economy have brightened but the recovery is likely to remain uneven and, crucially, dependent on the effectiveness of public health measures and policy support, according to the OECD’s latest Economic Outlook. In many advanced economies more and more people are being vaccinated, government stimulus is helping to boost […]

11 May
spanish labour reform 2021

2021 Spanish Labour Reform: Yolanda Díaz outlines the 11 labour reforms

Yolanda Díaz, third vice-president of the Government and Minister for Work and Social Economy, has presented the Government’s new measures that will modernise and “revolutionise the employment market to adapt it to the 21st century” with eleven reforms and seven investments, earmarking 2.363 billion euros for this purpose. These are the measures that comprise Component […]

14 Apr
salary register in Spain

6 FAQs about salary register in Spain (Royal-Decree 902/2020)

6 FAQs about salary register in Spain. Today (14 April) enter into force the Royal-Decree 902/2020 of 13 October, on equal pay for women and men: 1. WHICH COMPANIES ARE AFFECTED BY THIS NEW LAW? All companies are obliged to prepare the salary register. In addition, those who are obliged to draw up an Equality […]

09 Apr

The Spanish Government expects growth of 6.5% in 2021 and 7% in 2022

The Spanish Government’s forecast, according to the information available at this time, is that the Spanish economy will grow 6.5% in 2021, while in 2022 growth will reach 7%. In this way, the Gross Domestic Product (GDP) would reach around the end of 2022 the level that it registered in the fourth quarter of 2019, […]

15 Feb
invest in spain 2021

“Together, we are business”, new Invest in Spain video

ICEX-Invest in Spain has released a video to promote Spain’s competitive advantages as an investment destination, achieve a better country positioning and help in attracting new Foreign Direct Investment (FDI) projects. The video is titled ‘Together, we are business’ and, throughout its footage, combines the competitive advantages of Spain – from a business point of […]

27 Jan
brexit channel

Spain will set up the Brexit Channel

The Spanish government will set up the ‘Brexit Channel’ – a forum for collaboration between the public authorities and companies, to analyse the evolution of trade exchanges with the United Kingdom (UK) in the initial months of application of the agreement. The State Secretary for Trade and ICEX España Exportación e Inversiones, [Spanish Institute for […]

22 Jan
economy industrial prices

Results of the ECB Survey of Professional Forecasters in the first quarter of 2021

Respondents to the European Central Bank (ECB) Survey of Professional Forecasters (SPF) for the first quarter of 2021 reported point forecasts for annual HICP inflation averaging 0.9%, 1.3% and 1.5% for 2021, 2022 and 2023 respectively. These were unchanged for both 2021 and 2022. Average longer-term inflation expectations (which, like all other longer-term expectations in […]

20 Jan
invest in Spain 2021

New Invest in Spain, web portal to promote foreign investment in Spain

The State Secretary for Trade, Xiana Méndez, took part in the closing event of the 11th edition of the Spain Investors Day (SID) economic forum, which gathers together the main Spanish listed companies with international investors from several countries. During her speech, Xiana Méndez encouraged continued confidence in Spain as an investor destination and highlighted […]

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Sincro’s blog is designed to provide daily information on labour, fiscal and economic news. We do not provide free advice nor do we answer personalized queries that come to us through the blog. If you need advice, do not hesitate to contact our Team of Experts to request a quote.

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