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Banco de España has just released today (16 September) a note that describes the key features of the macroeconomic scenarios for the Spanish economy for the period 2020-2022, which the Banco de España has published today on its website. Compared with the scenarios of last June, the current projections incorporate the new information that has […]
Spain: The impact of COVID-19 and the restrictive measures adopted to contain the pandemic meant that the number of people in work in the second quarter of the year fell by 1,074,000, down 5.46%, to stand at 18,607,200. This figures have been released by the Labour Force Survey (Spanish acronym. EPA), published by the National […]
The Spanish Government presents 2020 Progress Report on implementation of 2030 Agenda The document analyses and evaluates the policies developed over the last year to implement the 2030 Agenda in Spain and offers responses to the health, economic and social crisis stemming from the coronavirus. The government also approved measures aimed at families, vulnerable groups […]
Spain post-Brexit: The departments of Home Affairs and Migrations sign the Instruction on the procedure for issuing residence documents to UK nationals resident in Spain. The Ministry of Home Affairs, through the State Secretary for Security, together with the Ministry of Social Security and Migrations, through its State Secretary for Migrations, jointly signed an Instruction […]
Spain. The government and social stakeholders have signed the Agreement for Economic Reactivation and Employment. According to Spanish Government, it is a new agreement that lays the foundations to speed up the economic recovery and create quality jobs following the crisis caused by COVID-19. This agreement comes from a vocation to achieve sound, inclusive and […]
SincroBS CEO, Carlos Mª Ruiz, has been awarded “Alares 2020 Awards” in the category of “Managers”. The Alares Awards have a huge prestige in Spain and in 2020 have celebrated their XIV Edition. In this way, SincroBS stands with three awards obtained in the last two years: I RSC Awards of the Community of Madrid […]
Covid-19 At today’s meeting (4 June) the Governing Council of the European Central Banck (ECB) took the following monetary policy decisions: 1. The envelope for the pandemic emergency purchase programme (PEPP) will be increased by €600 billion to a total of €1,350 billion. In response to the pandemic-related downward revision to inflation over the projection […]
The COVID-19 crisis has exposed devastating gaps in social protection coverage in developing countries. The recovery will only be sustained and future crises prevented if they can transform their ad hoc crisis response measures into comprehensive social protection systems, according to new analysis from the International Labour Organization (ILO). Two briefing papers released by the […]
The Banco de España will apply the flexibility available in the regulations on minimum requirements for own funds and eligible liabilities (MREL), in view of the impact of COVID-19 The Banco de España has undertaken to apply to the institutions under its responsibility the discretion and flexibility afforded by the legal framework for compliance with […]
World Bank. The global economic shock of the COVID-19 pandemic has driven most commodity prices down and is expected to result in substantially lower prices over 2020, the World Bank said in its April Commodity Markets Outlook. Energy and metals commodities are the most affected by the sudden stop to economic activity and the serious […]
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.