The blog by Sincro: The power of information

09 Jan
employment european union

Euro area unemployment at 7.5% (last figures by Eurostat)

The euro area (EA19) seasonally-adjusted unemployment rate was 7.5% in November 2019, stable compared with October 2019 and down from 7.9% in November 2018. This remains the lowest rate recorded in the euro area since July 2008. The EU28 unemployment rate was 6.3% in November 2019, stable compared with October 2019 and down from 6.6% […]

01 Jan
permiso paternidad 12 semanas 2020

Spain: extension of longer paternity leave to 12 weeks enters into force today

Since today, parents different from the biological mother whose children are born from today, 1 January 2020, will enjoy the extension of the so-called paternity leave to 12 weeks. Although it is still called colloquially as “paternity leave”, the current denomination is birth permission for the parent different from the biological mother (Royal Decree-Law 6/2019, […]

27 Dec
Brexit ESMA

ESMA extends recognition decisions for 3 UK CCPs in the event of a no-deal Brexit

The European Securities and Markets Authority (ESMA) has announced (on 23 December) that it has extended the recognition decisions for the three central counterparties (CCPs) established in the United Kingdom (UK) to reflect the extension of the expiry date of the Implementing Decision (EU) 2018/2031 of the European Commission on the equivalence of the UK […]

17 Dec
job vacancy rates

Euro area job vacancy rate at 2.2% (Third quarter 2019)

The job vacancy rate in the euro area (EA19) was 2.2% in the third quarter of 2019, down from 2.3% in the previous quarter and up from 2.1% in the third quarter of 2018, according to figures published by Eurostat, the statistical office of the European Union. In the EU28, the job vacancy rate was […]

12 Dec
GDP third quarter

GDP up by 0.2% and employment up by 0.1% in the euro area ( third quarter 2019)

Seasonally adjusted GDP rose by 0.2% in the euro area (EA19) and by 0.3% in the EU28 during the third quarter of 2019, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. In the second quarter of 2019, GDP had grown by 0.2% in both […]

06 Nov
Labour statistics ILOSTAT

ILO launches ILOSTAT, new labour statistics portal

The ILO Department of Statistics has launched ILOSTAT, a new statistics’ portal that makes it easy to access data about a wide range of labour-related topics, by country or by subject, in English, French and Spanish. It is a one-stop shop to obtain labour data and learn about labour statistics. ILOSTAT  provides bulk downloads for those who […]

05 Nov
Erasmus European Union mobility

Erasmus+: EU will invest over €3 billion to study or train abroad in 2020

Today, 5 November 2019, the European Commission published its 2020 call for proposals for the Erasmus+ programme. 2020 is the last year of the current European Union programme for mobility and cooperation in education, training, youth and sport. The expected budget of over €3 billion, an increase of 12% compared to 2019, will provide even […]

30 Oct
Brexit January 2020

Brexit: European Council adopts decision to extend until 31 January 2020

The European Council has adopted a decision to extend the period under Article 50.3 (of the Treaty on the European Union), in the context of the UK’s intention to withdraw from the EU. The extension will last until 31 January 2020 to allow more time for the ratification of the withdrawal agreement. The withdrawal can […]

28 Oct

CNMV publishes the reports on Annual Corporate Governance Reports

The Spanish National Securities Market Commission (CNMV) has published the reports on the Annual Corporate Governance Reports (ACGR) of issuing entities and the Annual Reports on the Remuneration of Board Members (IARC) for 2018. Both documents reflect, in aggregate and summarised terms, the main conclusions of the reports on both matters that companies submitted to […]

22 Oct

Report by President Donald Tusk about Brexit

Donald Tusk has just released the last report to the European Parliament on European Council meetings of 17 and 18 October 2019. Brexit When it comes to Brexit, Tusk remarks the following: The European Council endorsed the deal reached by our negotiator and Prime Minister Johnson’s government. As you know, it is based on the […]


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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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