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Economic forecasts for 2021 are a reference, yet to be built.

Economic forecasts for 2021 are a reference, yet to be built.

  • Por José María Romero Vera. Marta Otero Moreno. Andrea Cordero López.
  • 9th of July 2020

At Equipo Economico we maintain, at the moment, our estimated contraction of the Spanish GDP of, at least, 10% in 2020. In 2021, the economy pickup would allow it to grow at 7.2%, although this will be insufficient to reach previous annual levels of growth and employment. The implementation of an adequate economic policy is urgent to overcome the challenges posed by the depth of the crisis in Spain and strengthen recovery.

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The disregard of evidence in some tax procedures

The disregard of evidence in some tax procedures

  • Por Alberto González Ferrer
  • 1st of July 2020

In the last years, the tax authorities have focused on checking the sale of non-traded securities, often ignoring the existence of proof guidelines and relying instead on one of two objective methods.

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Crisis and transformation in the real estate sector

Crisis and transformation in the real estate sector

  • Por Marta Otero Moreno y Andrea Cordero López
  • 2nd of June 2020

The real estate sector is proving to be one of the most affected by the Covid-19 crisis in Spain. The framework of uncertainty around the virus, together with poor economic prospects and the impact on the labor market are delaying investment decisions. All of the above forecast that the diminishing demand for residential housing will continue in the coming months. On the other hand, the medical origin of this crisis, as well as its exceptional nature, could be causing a change in the tastes and preferences of consumers, who now place a higher value in space and light, to the detriment of location.

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Impact of Covid-19 and outlook for the Spanish economy.

Impact of Covid-19 and outlook for the Spanish economy.

  • Por José María Romero Vera
  • 17th of April 2020

The world economy is being strongly affected by the impact of the Covid-19 pandemic. The necessary search for the containment of the progression of the disease has led to a general disruption of the economic activity, including Spain. In this context, we expect the contraction of Spanish GDP to reach 10% in 2020. The impact of the crisis will be heterogeneous at the sectorial level. In order to recover from this crisis, the needs of the productive network must be considered with the utmost care, since they represent the main generator of employment.

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Labour gibberish: ERTES, ERES, paid leave...

Labour gibberish: ERTES, ERES, paid leave...

  • Por Manuel De Vicente-Tutor
  • 30th of March 2020

We have been homebound due to the declaration of the state of alarm since March 14th, which entails restrictions on the rights and guarantees laid down in the, mainly with regard the freedom of movement.

This situation is duly proportionate to the significant public health risks that have resulted from the COVID-19 pandemic. And, for this reason, it has been assumed with calm and resignation by the citizens, who are setting an example of solidarity and civility.

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