The return of the savings' double taxation
Por Jesús Quintas Bermúdez
31st of May 2017
"The dead you kill are in good health". Before starting writing these lines, I wanted to be sure of the origin of this well-known phrase, which I remembered having heard in a performance of "The Revenge of Don Mendo", back in my distant school days. I never did, since I have found attributions of this phrase or similar that arrive at the beginning of XVIIth Century. Two centuries later, John Stuart Mill and other economists delved into topics that are again and again, such as theories of sacrifice and tax escalation, single tax versus multiple taxes, and saving's double taxation. These subjects, despite of being given repeatedly by dead and finished, once again enjoy good health again and again.
ALLEZ LES BLEUS!
- Por José María Romero Vera
- 19th of April 2017
This Sunday, the French will vote in round 1 of the presidential elections. The anti-European proposals of most candidates are of concern to global economic players, as revealed by the slight rebound in the French public debt risk premium. Macroeconomic indicators do not appear to justify the social unrest suggested by the major strength of the intention to vote for extreme political options. Against this backdrop, the EU once again holds its breath because without France there is no Europe.
Prices, wages and the challenge of competitiveness in 2017
- Por Ricardo Martínez Rico
- 28th of March 2017
After the lengthy period experienced by the Spanish economy since the end of 2013 with a moderate and even negative performance of prices, with a fall in prices of 1.1% posted in April 2016, the year-on-year Consumer Price Index (CPI) in January and in February was 3%, which implied a significant acceleration in price increases. This is largely due to the energy component of the CPI, which will gradually moderate as the year progresses, closing 2017 with average inflation of 2.2, according to estimates by Equipo Económico. This return of inflation, however, has not been risk free.
What will happen to the real estate market this year?
- Por Carlos Saúco López de Sancho
- 23rd of March 2017
The real estate market in Spain is in a bullish mood and continues steadily on the path of recovery and sustainable growth, after having undergone an important adjustment in the last decade, both in terms of volume and prices. Thus, during the past year, home sales experienced growth of 13.6% to attain 403,866 transactions, making three consecutive years of upward trend. The challenge facing the real estate sector is, in any case, twofold: stabilizing the sector and avoiding the mistakes and excesses committed in the past. Therefore, recovery must be prudent, sustained and gradual throughout 2017.
Appointing by co-option of directors and it strange relations
- Por Pablo Olivera Masso
- 9th of March 2017
New doctrine of the Directorate General for Registers and Notaries that states that the power of the Board of Directors to appoint Directors expires or not depending on the agenda of the previous Boards of Directors.