Friday 21st of September 2018
Just a few days ago we echoed about the controversy that the Constitutional Court and the Supreme Court were holding on account of the tax on the value of electricity production (IVPEE), when we breakfasted with the struggle between Partido Popular and the Government for being the one that would sooner plead for its suppression. If even political rivals agree that it is tax figure contrary to general interests, and that has boosted the price of electricity in Spain, there is little chance of survival in the short term.
Ee briefing note
Tuesday 18th of September 2018
Funcas has published Equipo Económico (Ee) updated forecasts in its exclusive panel of experts on the main magnitudes of the Spanish economy. The panel is a survey conducted by Funcas every two months among 18 institutions and companies of recognized prestige, on the predictions of the Spanish economy. On the basis of replies to this survey, the "consensus" forecasts can be provided, which is calculated as the arithmetic average of the 18 individual forecasts.
Thursday 13th of September 2018
The Supreme and Constitutional courts maintain discrepancies regarding the Tax on the Value of Production of Electric Energy (IVPEE), which taxes the income obtained by electricity producers.The first estimates that this double taxation is unconstitutional, while the second believes otherwise. The next Supreme Court's judgment may provoke unforeseen legal surprises.
Friday 27th of July 2018
At this moment in the cycle, the relaxation of deficit targets and the high increase in the spending ceiling for the State are very risky and represent a step backwards in the implementation of the reforms that have led us to the current expansive period.
Thursday 26th of July 2018
The President of the European Commission sought yesterday in Washington the cracks for the transatlantic dialogue, it seems that this time with greater success since he agreed with Trump the creation of a working group to negotiate tariff divergences. What additional issues can the EU offer to the US during the next months to reinforce the step taken yesterday?